Omai Gold Mines Corp. is pleased to announce the appointment of Marcel Cameron P.Eng. as Country Manager, Guyana. Mr. Cameron is a Mining Engineer with 25 years experience in mine planning, engineering and project management for large-scale open pit and underground operations in North and South America, Africa, Southeast Asia, and Guyana. He will be responsible for managing and advancing operations at the Company's 100 [...]
Omai Gold Mines Corp. is pleased to announce positive results from its first Preliminary Economic Assessment for the Wenot Project, one of the two gold deposits located on its 100%-owned Omai Property, in Guyana. The PEA supports an initial open pit mining scenario for production averaging 142,000 ounces of gold per year over a 13-year mine life, with peak year production of 184,000 ounces. Total Wenot production is [...]
Omai Gold Mines Corp. is pleased to report an updated Mineral Resource Estimate on its 100%-owned Omai Gold Property in Guyana. It includes an expansion to the Wenot Deposit and incorporates the previously disclosed Gilt Creek Deposit. Most significantly, the Wenot Mineral Resource Estimate increased the Indicated MRE to 834,000 oz @ 1.48 g/t Au and the Inferred MRE to 1,614,000 oz @1.99 g/t Au. HIGHLIGHTS: The Omai [...]
Omai Gold Mines Corp. announces that it has engaged Velocity Trade Capital Ltd. to provide market stabilization and liquidity services to the Company, in accordance with applicable securities laws and the policies of the TSX Venture Exchange , and pursuant to the terms of a liquidity program services agreement . Pursuant to the Services Agreement, Velocity Trade will manage trading of the Company's securities listed on [...]
Omai Gold Mines Corp. is pleased to announce that the Company has closed its previously announced non-brokered private placement and issued 29,467,399 units at a price of $0.07 per Unit for gross proceeds of C$2,062,718. Each Unit consists of one common share of the Company and one-half of a Common Share purchase warrant. Two such one-half warrants constitute a full warrant . Each Warrant entitles the holder to acquire [...]
Omai Gold Mines Corp. is pleased to announce a non-brokered private placement offering of up to 43,000,000 units at a price of $0.07 per Unit for gross proceeds of up to $3,000,000, subject to acceptance of the TSX Venture Exchange . Each Unit will consist of one common share of the Company and one-half of a common share purchase warrant. Two such half warrants shall constitute a full warrant . Each Warrant entitles the [...]
Omai Gold Mines Corp. is pleased to announce the election of Mr. Derek Macpherson to the Board of Directors. The Company is also announcing the results from the Annual General and Special Meeting and the granting of incentive stock options to a director of the Company. Mr. Macpherson has over ten years of capital markets experience in mining, identifying investment opportunities, consulting on business strategy, and [...]
Omai Gold Mines Corp. announces completion of its 2023 Omai drill program, having released a series of strong drilling results from the Wenot gold deposit and extension, located on the Omai property in Guyana. These results will contribute to an updated Mineral Resource Estimate that is currently underway. As part of the recently completed diamond drilling program, two additional holes were completed on nearby SP and BBH [...]
Omai Gold Mines Corp. announces further strong drill results from the Company's Omai gold project in Guyana. These new assays for diamond drill holes 23ODD-066, -067 and -068, combined with the recent drill results further extend the multiple gold-zones of the Wenot deposit, and are expected to positively impact the upcoming Mineral Resource update. Highlights from these recent drill holes include: 5.89 g/t Au over 12.0 m [...]
Omai Gold Mines Corp. announces further excellent drill results from the Company's Omai gold project in Guyana. Assays have been received for diamond drill hole 23ODD-071 in the West Wenot target. It encountered multiple gold zones associated with the main gold-bearing Wenot shear complex, including a 70.0 metre wide intercept with gold grades well above the current Wenot resource estimate grade1. In 2023, sixteen holes [...]
Omai Gold Mines Corp. announces additional excellent drill results from the Company's Omai gold project in Guyana. Assays have been received for an additional hole drilled in the Wenot target. To date in 2023, fourteen holes have been completed totalling 5,235 metres and drilling continues. Hole 23ODD-065 encountered very wide zones of gold mineralization starting at a vertical depth of 140 m. Visible gold was identified [...]
Omai Gold Mines Corp. announces additional drill results from the Company's Omai gold project in Guyana. Assays have been received for five additional holes, including four exploration holes and one hole at Wenot exploring the down dip extension of the central part of the known deposit as well as additional shallower, northern flanking gold zones. To date in 2023, eleven holes have been completed totalling 3,570 metres [...]
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