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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 checkmate28on Dec 22, 2022 11:44am
234 Views
Post# 35187231

Todays News Great Progress 2022, Charged up for Great 2023

Todays News Great Progress 2022, Charged up for Great 2023

Elaine Ellingham, CEO commented, "2022 was a transformational year for Omai Gold. We delivered two NI43-101 Mineral Resource Estimates: in January, we announced our initial resource estimate for Wenot and, in October, a second NI43-101 more than doubled the initial resource estimate announced in January, with a 14% expansion of the Wenot resource and the integration of the Gilt Creek gold resource.

In 2023, our goal is to further expand Omai's already substantial gold resources through an aggressive drilling program focused on very prospective nearby exploration targets with similar geology to our known gold deposits. We believe that the Omai property has the potential to be a new gold camp with additional near surface economic deposits within this proven geology that hosted past gold production of over 3.7 million ounces. Drilling is set to re-start the second week of January.

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