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Omai Gold Mines Corp V.OMG

Alternate Symbol(s):  OMGGF

Omai Gold Mines Corp. is a Canada-based exploration and development company. The Company is engaged in the acquisition, exploration, evaluation and development of mineral properties. It holds a 100% interest in the Omai prospecting license that includes the past producing Omai Gold Mine in Guyana, and a 100% interest in the adjoining Eastern Flats Mining Permits. The Omai property is located within the prolific Guiana greenstone belt in Guyana, located on the north coast of South America. The Omai property consists of one 4,590-acre prospecting license granted directly from the government and held 100% by Omai Gold’s wholly owned subsidiary Avalon Gold Exploration Inc. (Guyana), and two Mining permits for medium scale operations totaling 1,519 acres are held 100% via a commercial contractual agreement with a Guyanese company.


TSXV:OMG - Post by User

Comment by Digger0144on Apr 21, 2021 4:54pm
98 Views
Post# 33039176

RE:43-101

RE:43-101

Highlights of the drill program:

  • An initial 5,000 meters of drilling has been planned below the Wenot Pit.
  • This drilling, combined with the logging and assaying of 6,000 meters of historical core, is expected to accelerate a new mineral resource estimate planned in late 2021.
  • Environmental baseline, metallurgy, and hydrology studies are expected to commence in the first quarter of 2021.
  • Historical data and geophysics along with new geologic modelling suggest multiple relatively untested targets for evaluation by trenching and drilling on the license.
I am in the process of reviewing the drilling results for the first two holes...I should be able to post my findings later tonight.

Regards,
Digger0144

 
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