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OMNIA METALS GROUP LTD Capital/Financing Update 2023

Jan 15, 2023

65494_rns_2023-01-15_b6585ca1-5b14-4b61-8e63-0a48121d233d.pdf

Capital/Financing Update

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ASX RELEASE | 16 January 2023 | ASX:OM1

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Maiden Drilling Program at the Salt Creek Au-Ni-Cu Project

HIGHLIGHTS

  • Maiden drilling program at the Salt Creek Project underway with the first program of a 9,000m drilling campaign commencing.

  • The drilling program is targeting orogenic gold and nickel-copper sulphide style mineralisation.

  • Omnia continues project generative activities in line with the Company’s goal of being a leading explorer for future-facing commodities considered essential to the global energy transition.

Omnia Metals Group Ltd ( “Omnia” or “Company” ) is pleased to provide an update on the Company’s exploration activities with drilling underway at the Salt Creek Project in the Albany-Fraser region of Western Australia. Approximately 9,000m of drilling will be completed at the Salt Creek Project, targeting orogenic gold and nickel-copper sulphide mineralisation.

Additionally, the Company continues to engage in project generative activities and has received several project opportunities which have undergone high-level, internal assessment.

Omnia Metals’ Executive Director, James Warren, commented:

“It’s exciting to kick-off our maiden drilling campaign at the Salt Creek Project as we embark on our journey to become a leader in the exploration and development of commodities considered essential to the global energy transition. We have laid the foundations for a concerted exploration push this year and we are looking forward to getting on the ground and drill testing some of the exciting targets that have been identified.”

“Due to the extensive flooding that has been experienced in the Kimberley region, Omnia’s shortterm focus is the Salt Creek Project and identifying complimentary projects to potentially add to the Company’s portfolio. Our thoughts are with the people and communities affected by the flooding during this difficult period.”

Salt Creek Project

Approximately 9,000m of aircore drilling will be completed at the Salt Creek Project, situated 320km northeast of Kalgoorlie in the Albany-Fraser region of Western Australia (Figure 1). The drilling is targeting orogenic gold and orthomagmatic nickel-copper sulphide mineralisation. Exploration to date is generally at an early stage with initial auger sampling delineating anomalous targets for gold and copper-nickel. First stage wide spaced air-core drilling has been conducted, however exploration to date can be regarded as first pass, with the presence of anomalous gold and copper justifying further exploration.

OMNIA METALS GROUP LTD

ACN: 648 187 651

22 Townshend Road, SUBIACO, WA, AUSTRALIA, 6008 www.omniametals.com.au

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Figure 1: Location of the Salt Creek Project

Ord Basin Project and Project Generation Activities

Due to the impact of the extensive flooding in the Kimberley region (which does not materially impact the Company’s intentions with respect to the Projects), Omnia expects further delays in conducting on-ground exploration on the Ord Basin Project. The Company will continue to monitor the situation over the coming weeks and months and will update the market as more information comes to light.

Omnia reaffirms its commitment to complete the exploration programs as outlined in the Company Prospectus.

Additionally, the Company will continue to actively pursue further acquisitions which complement its existing future metals focus. The Company has received several new project opportunities and continues to conduct high-level internal assessment on projects that fit the Company’s objectives across sectors such as lithium, nickel, copper and rare-earths.

OMNIA METALS GROUP LTD ACN: 648 187 651 22 Townshend Road, SUBIACO, WA, AUSTRALIA, 6008 www.omniametals.com.au

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ASX RELEASE | 16 JANUARY 2023 | ASX:OM1

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This announcement is approved for release by the Board of Omnia Metals Group

For further information please contact:

James Warren Managing Director [email protected]

Amalie Schreurs White Noise Communications T: +61 431 636 033 [email protected]

ABOUT OMNIA

Omnia Metals Group Ltd (ASX:OM1) goal is to become a leader in the exploration, and development, of future facing commodities used in advanced technologies and essential to the global energy transition.

Omnia continues to progress its highly prospective Ord Basin Project through extensive approval process in consultation with the local Native Title groups and relevant stakeholders. The Ord Basin Project consists of 1,305km[2] of tenure situated in an emerging district prospective for Norilsk-style nickel-copper-PGE and stratigraphic copper mineral systems.

The Salt Creek Project covers an area of approximately 223km[2] and is prospective for copper, nickel and gold mineral systems. The Company has secured a drill rig to complete a 9,000m drilling program at the Salt Creek Project with the first drilling program underway.

OMNIA METALS GROUP LTD ACN: 648 187 651

www.omniametals.com.au

22 Townshend Road, SUBIACO, WA, AUSTRALIA, 6008