About Omai Gold Mines

Omai Gold Mines Corp. holds a 100% interest in the past-producing Omai gold project in Guyana (located on the north coast of South America).  In January 2024, the Company announced an updated Mineral Resource Estimate of 2.0 million ounces of gold (indicated) averaging 2.15 g/t Au plus 2.3 million ounces of gold (inferred) averaging 2.26 g/t Au.  Omai produced 3.8 million ounces averaging 1.5 g/t Au between 1993 and 2005, while the gold price was <$400/oz, profitably producing an average of >300,000 oz Au per year.   Our new discoveries are along strike, on the flanks and beneath the past producing gold deposits, with the mineralization open in all directions for further possible expansion. This substantial new Resource, combined with the many benefits of a brownfields project, is proving that Omai has the potential to rival its historical status as a large-scale mine. 

For 2024, the Omai team has three priorities: continuing work towards an initial Preliminary Economic Assessment, drill to demonstrate the further expansion potential of the new Wenot deposit, drilling on key near-surface high-grade exploration targets, and continuing baseline and engineering studies to determine a path forward towards a development plan for this brownfields project.

Omai Project

1 See Technical Reports