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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 17, 2021 3:59pm
67 Views
Post# 34241983

RE:RE:Is the latest incarnation of .....

RE:RE:Is the latest incarnation of .....It was a different company and totally different management team who did not see this project to the end.  Hense totally new managment, new company with reverse takeover, experienced field team and they are proving up what is in the ground.  When you have Silver corps VP as one of the directors of Omai, you know they have an interest in finding out what is in the ground.  If this property proves to be what the historical drill results have indicated (my past post on Iamgold technical report info), plus potential new near surface targets, then Silver corp or others will want this property.  The resource estimate for wennot will be the first step and judging by over subscription including near 3,000,000 units to insiders, resource estimates must be good.

Whether Silvercorp subscribed or not they are already over 17% invested in Omai and probably more by now.  The next few months will tell the story.
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