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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 Dec 17, 2024 8:26pm
82 Views
Post# 36367277

Patience will benefit us long term

Patience will benefit us long termI realize it is hard to be patient.  Elaine is doing everything right!  She is not just drilling holes for the sake of drilling holes and wasting exploration dollars.  Results come in then there is a decision on where to drill next.  Planning the drill holes is very important and she has done a great job so far. , There will be a break in drilling over the holidays, but we do have 7-9 holes pending and results should come out early in the new year based on how they have been released in the past.  The higher the mineral resource, improvement to the PEA plus economics will make this project more attractive to a potential buyer which I am assuming are already looking at Omai.  Negative issues can still arise, but so far everything looks good for this project.  We will still have to wait a bit longer, but I am ok with that
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