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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 Jun 28, 2024 11:03am
120 Views
Post# 36110729

The next news release, soon I hope

The next news release, soon I hopeI am thinking that the delays may be the result of completing drill holes and receiving the assays for the 560,000 onces of the southern portion of the wenot pit to bring those results into the next mineral resource update.  This would bring the gold deposit of Wenot to approximately 2.4 million onces alone.

Bringing Guilt Creek into the next stage of the mine plan has to be another focus of Omai.  Hence, this is why Elaine has hired a seasoned Engineer to the team to complete this task.  These things all take time.  I would suspect that the team has also added at least one additional drill and has expanded the technical team to accelerate the project to reach target objectives. 

Delays are not always fun, but delays can also mean the company has some exciting news to come.  I feel we have some exciting news that will move this stock much higher.  Do your own due diligents, I have and feel very very comfortable on the future of this stock.  GLTA
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