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

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Post by Oldschool2022on Nov 27, 2023 7:25pm

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Post# 35755370

3.7 million ounces of GOLD and trading for .065 per share.

The Omai property is located within the prolific Guiana greenstone belt in Guyana. Omai already hosts two significant gold deposits, the Wenot shear-hosted gold deposit and the adjacent intrusion-hosted Gilt Creek Deposit. The recent NI 43-101 Mineral Resource Estimate (October 2022) is a more than doubling from an initial NI 43-101 completed in January 2022. The new Resource Estimate includes a 14% expansion to Wenot resources and incorporates the historic resource at Gilt Creek. The Company went public in November 2020 and drilling started in February 2021. Since that time, 16,650m of drilling in 53 holes were completed, 34 of which were focused on delineating a new Wenot deposit, lying below, adjacent to and along strike of the past-producing deposit.

Omai Gold now boasts a Mineral Resource Estimate in the two deposits of: