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 > New Wenot Resource - clearly not economic

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Comment by Newmetalson Feb 24, 2022 2:50pm

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Post# 34459115

RE:RE:New Wenot Resource - clearly not economic

I never said it needs to be economic as a stand alone resource. But how hard is it to disclose waste tonnes. That is what most credible companies do. This is the biggest Omai BS statement I have seen

"Constraining pit strip ratio is not disclosed since the optimized pit shell does not include a pit design, mining

dilution and mining losses. Any mention of strip ratio at this stage would be premature, erroneous and misleading"

so not disclosing waste tonnes is not misleading???? What if it is 20 : 1 ratio. No one else on this board is complaining about lack of disclosure, but yet the OSC forces them to correct a press release for including info they should not have.

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