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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

Post by Newmetalson Oct 20, 2022 6:00pm
180 Views
Post# 35037631

New resource update

New resource update

trying to figure out why OMG share price did not react to the resource from adding GIlt (Fennell) to the resources   It's because it was already known  (look at there past presentations) it was not a new resource as IAMGOLD had a historical resource and it looks like OMG did zero drilling. Why would they not have drilled Gilt????  There is a lot of water in the pit and good luck trying to dewater it and mine it.   Will be like mining under a lake  


https://omaigoldmines.com/pdf/2022-10-20_NR-OMG.pdf  

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