Omai Gold Mines Corp V.OMG

Alternate Symbol(s): OMGGF

Metals & Mining Gold

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.

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Omai Gold Mines Corp > Wenot is just the Appetizer

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Comment by Newmetalson Jan 16, 2022 12:19am

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Post# 34321242

RE:Wenot is just the Appetizer

I agree but this is feeling more like we need to find an economic deposit as Wenot is not economically viable today and maybe neither fennell. Lots of potential but Silvercorp is likely waiting for Elaine to prove up new deposits before they invest more. Silvercorp likely did not want to fund the deep pockets needed to find and drill new discoveries.

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