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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 trooper22on Jul 06, 2023 7:21pm
128 Views
Post# 35530084

RE:Omai Gold Drills 4.07 g/t Au over 31.1m

RE:Omai Gold Drills 4.07 g/t Au over 31.1mAnd we keep adding up the onces.  This project has the potential to go over 5 million onces eventually once they drill a few more holes to the west. The current drill hole intersected multiple gold zones with very nice grades.

This drill hole intersected some of the highest-grade intercepts on the property and also indicates potential grade increases at depth beneath the existing Wenot resource. These result are very significant as it demonstrates the potential for a starter pit at the west end of Wenot and that there is a very good chance of resource growth beneath the existing resource as the grade seems to get better at depth.

The hole tested 125m down dip from a 1994 exploration hole which I talked about in some of my earlier posts a few years ago which intersected 1.23 g/t Au over 75m at a vertical depth of ~125m. This is one of the targets I was hoping the geologists focused on.  There are also a few historical holes to the east which may show some promise too.

this property keeps getting better and obviously the strip ratio is getting much lower.  This is definately a target for a major takeout down the road. Keep increasing the onces.  We are being noticed!!!! 
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