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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 Apr 28, 2024 8:35pm
130 Views
Post# 36011942

We are starting to get noticed by the market

We are starting to get noticed by the marketI would suspect that we might see a bit of a run up this week considering the new coverage on BNN.  The market is starting to realize that Omai is not mined out.  It is so far from being mined out.  Grade is good, mineral resource is increasing and the next PEA may be a PFS and should include the sediments, wenot east and maybe Guilt Creek. Additional targets hits will only get the market more excited.  Predicting a target price is hard right now as we have much more drilling to do to prove to the market this property will be big.  Don't forget we already had fantastic initial drill results in some of these new Omai targets along with good trenching sampling with high grades. Elaine will surely punch a few more holes near the end of the drill program in these new targets to get a better idea on where to focus future drilling.  We have the right team to move this project forward, all I can say is patience is very important.  There are companies looking and the more we see the better.  I would love to see a bidding event down the road!!!!
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