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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 trooper22on Feb 02, 2024 8:46pm
159 Views
Post# 35860736

Great Potential in Sediments-Wenot South

Great Potential in Sediments-Wenot SouthThere is quite a bit to look forward too with Omai.  There is a wall up at .08, but whoever is holding the SP down can't keep this stock down forever.  Too much potential going forward.  Cheap shares will not last much longer, do your own DD.  Updated 2024 PP on Omai website.  Some new info before the new resource estimate very shortly.

Very significant gold mineralization south of contact shear in sediments where little to no drilling below 75 m-Wenot.  Blast Hole data from previous mining shows extent and continuity of gold zones.

Future Resource Expansion -Wenot

• Untested southern Sediments - untested below 50-100m, but historical blast hole data shows     significant gold and recent west drilling proved great grades and widths
• Below 300 m full length of Wenot deposit (currently 88% of resource above 300m)
• Strike Extensions – known gold intersected west and east of deposit. IP survey recently completed   over extensions to accelerate discoveries.
• High grade trench and recent drill results west of Gilt Creek – potential at surface high grade zone

Wenot Deposit and Expansion Area:
Strike: at least 2.5 kilometres
Width: 150 to 500 m


• 88% (1.6 m oz) is less than 300m depth
• 200m to 300m slice hosts 830,000 oz and can be expanded
• Very significant expansion potential at depth AND grades appear to increase with depth:
• 200-300m 830k oz @1.72 g/t (80% inferred)
• > 300m 237k oz @ 2.28 g/t (limited drilling completed to date, inferred) Deeper holes to date:
• 4.77 g/t Au over 22.0m (21ODD-001)
• 6.92 g/t Au over 19.0m (21ODD-013)
• 5.18 g/t Au over 20.2 m (including 12.7 g/t Au over 7.9 m) (23ODD-064) depth -425m

GAME CHANGERS:

BLUEBERRY - GILT
High grade vein stockworks in trenches:
• Drilling 9.0m @ 2.14 g/t & 72m @0.94 g/t Au

NEW SNAKE POND DRILL HOLE:
• 7.69 g/t Au over 9.5m
• 3.42 g/t over 15.0m
• 9.26 g/t over 1.0m

BROCCOLI HILL

WENOT EXTENSIONS


• Unmined near-surface gold mineralization both east and west

GILT CREEK
Gold Zones up to 112 m Width
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