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Bullboard - Stock Discussion Forum 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... see more

TSXV:OMG - Post Discussion

Omai Gold Mines Corp > Omai Gold Drills 4.07 g/t Au over 31.1m
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Post by Betteryear2 on Jun 22, 2023 1:29pm

Omai Gold Drills 4.07 g/t Au over 31.1m

Toronto, Ontario--(Newsfile Corp. - June 22, 2023) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai" or the "Company") announces additional outstanding drill results from the Company's Omai gold project in Guyana. Diamond drilling has focused on exploration targets and on demonstrating the significant expansion potential for the Wenot resource. A total of 3,569 metres ("m") have been completed in 11 holes in 2023. Results are reported for hole 23ODD-063, where visible gold was identified in 37 locations along 299 m of core.

Omai Gold Drills 4.07 g/t Au over 31.1m, 3.38 g/t over 9.6m and 14.21 g/t over 1.8m at Wenot (newsfilecorp.com)
Comment by trooper22 on Jul 06, 2023 7:21pm
And we keep adding up the onces.  This project has the potential to go over 5 million onces eventually once they drill a few more holes to the west. The current drill hole intersected multiple gold zones with very nice grades. This drill hole intersected some of the highest-grade intercepts on the property and also indicates potential grade increases at depth beneath the existing Wenot ...more  
Comment by SIGG1 on Jul 11, 2023 5:16pm
More gold = lower share price.  If their resource estimate reaches or surpasses 5M ounces I guess the share price will drop to $0.01. 
Comment by LatinAuCu on Jul 13, 2023 12:23pm
You seem to have a crystal ball. Can't afford much more of this success 
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