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Omai Gold Mines Corp V.OMG

Alternate Symbol(s):  OMGGF

Omai Gold Mines Corp. is a Canada-based mineral exploration and development company. The Company is engaged in the acquisition, exploration, evaluation, and development of mineral properties. The Company, through its wholly owned subsidiary, Avalon Gold Exploration Inc., holds a 100% interest in the Omai Prospecting License and a 100% interest in the adjoining Eastern Flats Mining Permits. The Company is focused on the exploration of the past producing Omai Gold Mine in the Potaro Mining District of Guyana. The Omai property is located 165 km south-southwest of the capital city of Georgetown, Guyana. The Company also has a 100% ownership interest in the Grenfell Gold property in Kirkland Lake, Ontario.


TSXV:OMG - Post by User

Comment by trooper22on Dec 08, 2021 5:38pm
55 Views
Post# 34212329

RE:Vid online 10 min

RE:Vid online 10 minThe important thing is each drill hole continues to have decent grades and all drill results are still open at depth and strike.  The mineralization continues at depths 125-250 meters below the pit bottom and at the end of the drill cores there was still mineralization.  The mineralization also continues along the entire strike length of 1.7 km.  It will all depend on the NI 43-101 resource calculation which should be out within a few weeks.

We already potentially know that the below Fennel Pit has good historical results from historical drill results (over 43,000 meters) that have to be varified along with a past resource estimate.  Drill results will hopefully prove them correct as we have done with Wennot.

The important drilling will be the Broccoli Hill which could be similar to Fennel and could be near surface resource.  I am sure Silver Corp has their VP as a director for Omai for a reason.  I could be wrong but I don't think Silver Corp wants to loose another potential mine site. JMO.
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