About Omai Gold Mines
Omai Gold Mines Corp. holds a 100% interest in the Omai gold project in Guyana (South America). An NI 43-101 Resource Estimate in December 2022 of 1,907,600 ounces of gold (indicated) averaging 2.07 g/t Au and 1,777,600 ounces of gold (inferred) averaging 2.10 g/t Au, is contained within the orogenic shear-hosted Wenot deposit and the adjacent Gilt Creek intrusion-hosted deposit. With these substantial resources, the Omai team now has three priorities: drilling to demonstrate the signficant expansion potential of the new Wenot deposit, drilling and exploring key blue-sky near-surface exploration targets, and initiating engineering studies to determine a path forward towards a development plan for this brownfields project.
Omai Gold has made exceptional advances in the two years since going public at the end of 2020. Drilling quickly discovered a signficant new deposit along strike and around the former Wenot open pit mine. Modelling of the historic drilling data from Gilt Creek revealed a compact intrusive-hosted deposit with very impressive wide intersections of good grade gold mineralization. The Omai property produced 3.8 million ounces of gold between 1993-2005, when the gold price was < $400/oz.
