March 1 (Reuters) - Omineca Mining and Metals Ltd OMM.V :
* OMINECA EXECUTES BINDING LETTER AGREEMENT TO COMMENCE BULK SAMPLE OPERATIONS AT THE WINGDAM PROJECT
* OMINECA - HAS EXECUTED BINDING LETTER AGREEMENT WITH PRIVATE COMPANY BASED IN SASKATCHEWAN ("PRIVCO") TO COMMENCE BULK SAMPLE PROGRAM
* OMINECA MINING AND METALS LTD - OMM & PRIVCO TO ENTER INTO A DEFINITIVE JOINT VENTURE AGREEMENT IN DUE COURSE
* OMINECA MINING AND METALS - UNDER TERMS PRIVCO WILL INCUR 100% OF COSTS ASSOCIATED WITH PREPARATION WORK REQUIRED TO COMMENCE OPERATIONS
* OMINECA MINING AND METALS LTD - IN EXCHANGE FOR COMPLETING PREPARATORY WORK, PRIVCO WILL EARN 50% INTEREST IN WINGDAM PROJECT
* OMINECA MINING AND METALS LTD - ANTICIPATES THAT PREPARATORY WORK AT WINGDAM WILL COMMENCE IN Q2 OF 2019