Omai Gold Mines Stock Price, News & Analysis

Omai Gold (OTCQB: OMGGF) summarized 2025 project progress and set a 2026 roadmap for the 100%‑owned Omai Gold Project in Guyana. Key 2025 results include ~39,000m of drilling, an updated August 2025 NI 43‑101 MRE of 2,121,000 oz Indicated (2.07 g/t) and 4,382,000 oz Inferred (1.95 g/t), discovery of a deep Wenot extension from a 2,014m hole, and completion of permitting steps including an EIA submission and community consultations. Corporate financing included C$25.3M and C$40M private placements, leaving ~C$57M cash at year‑end. The company expects an updated MRE in Q1 2026 and a consolidated PEA in Q2 2026 incorporating Wenot open pit and Gilt Creek underground.

Omai Gold (OTCQB: OMGGF) reported assays from Hole 25ODD-122w at the Gilt Creek deposit (December 18, 2025). A 708.1m interval from 364.9m averaged 1.06 g/t Au with multiple higher-grade intervals, including 4.88 g/t Au over 7.0m and 5.70 g/t Au over 8.0m. Hole 122w reached 2,014m and intersected the Wenot shear at depth, returning seven significant gold zones and 3.61 g/t Au over 4.4m near the end of the hole. Gilt Creek MRE is stated as Indicated 1.151 Moz @ 3.22 g/t and Inferred 0.665 Moz @ 3.35 g/t. Metallic screening was used for samples >0.5 g/t to better measure coarse gold.

Omai Gold (OTCQB: OMGGF) reported assay results from its 2025 drill program at the 100% owned Omai Gold Project, Guyana. Highlights include Hole 25ODD-142: 11.07 g/t Au over 14.7m (including 34.31 g/t Au over 4.3m) and Hole 25ODD-145W: 13.54 g/t Au over 13.3m (including 27.82 g/t Au over 6.2m).

The company completed 79 holes (35,300m) in 2025, including 30 holes (13,250m) drilled after the August 2025 Mineral Resource Estimate; these will be incorporated into an updated MRE planned for early 2026 and an updated PEA expected in H1 2026. Five rigs remain active at Wenot to expand and upgrade resources.

Omai Gold (OTCQB: OMGGF) reported assays from deep hole 25ODD-122W at the Omai project, Guyana, with multiple gold intersections between 1,785m–2,009.8m downhole (vertical ~1,220–1,280m). Key intercepts include 2.57 g/t Au over 8.6m, 5.12 g/t Au over 3.6m, and 2.19 g/t Au over 7.9m (incl. 3.61 g/t over 4.4m). The hole reached 2,014m and ended within the Wenot Shear Corridor ~700m below previously deepest Wenot mineralization. Upper assays from Gilt Creek are pending metallic screening. Results suggest significant down-dip continuity and potential scale extension of the Wenot deposit.

Omai Gold (OTCQB: OMGGF) reported assay results from 11 drill holes (2,615m) at two near-surface exploration targets at the Omai project, Guyana, and said five rigs continue drilling Wenot with ~30,297m completed year‑to‑date.

Highlights include 20.33 g/t Au over 5.3m (hole 25ODD-131), 2.72 g/t Au over 16.3m (25ODD-135), and multiple shallower intercepts. Deep hole 25ODD-122 reached 2,014m and crossed ~280m of the Wenot shear corridor at ~1,120m depth; assays are pending. Company plans an additional ~8,000m before year end and will model new targets for follow-up drilling.

Omai Gold Mines (OMGGF) closed a C$40,000,540 bought‑deal private placement on October 21, 2025, issuing 34,783,000 common shares at C$1.15 per share. The offering was led by Paradigm Capital with a syndicate of underwriters and carried a cash commission of C$2,194,274.75. An officer purchased 200,000 shares, a related‑party participation exempted from formal valuation and minority approval under MI 61‑101. Net proceeds will be used for exploration and development and general working capital. Securities are subject to a Canadian hold period expiring four months and one day after closing and the offering remains subject to final TSXV acceptance.

Omai Gold (OTCQB: OMGGF) filed an NI 43-101 Technical Report dated October 9, 2025 supporting an updated Mineral Resource Estimate (MRE) on its 100%‑owned Omai Gold Property in Guyana.

Key Wenot MRE changes include an Inferred increase of 130% to 3,717,000 oz at 1.82 g/t Au (63.4 Mt) and an Indicated increase of 16% to 970,000 oz at 1.46 g/t Au (20.7 Mt). The combined MRE totals 2,121,000 oz Indicated (2.07 g/t, 31.9 Mt) and 4,382,000 oz Inferred (1.95 g/t, 69.6 Mt).

The Report notes an increased gold price assumption to $2,500/oz, reducing cutoff to 0.30 g/t and expanding contained ounces, plus expansion potential along a minimum 2.5 km Wenot shear corridor. Qualified Persons Eugene Puritch and Elaine Ellingham approved the technical information.

Omai Gold Mines (TSXV: OMG) has announced an upsize to its previously announced bought deal private placement, increasing the offering to $40 million. The company will issue 34,783,000 common shares at $1.15 per share.

Paradigm Capital will serve as the lead underwriter and sole bookrunner. The offering includes an underwriter's fee of 5.5%, with a reduced fee of 3% for the President's List subscribers (up to C$1.5 million). The offering is expected to close around October 21, 2025, subject to regulatory approvals.

Proceeds will be used for exploration, development, and general working capital purposes. The shares will have a four-month hold period in Canada from the closing date.

Omai Gold Mines (OTCQB: OMGGF) has announced significant drill results from its 2025 drilling program at the Wenot deposit in Guyana. Key intersections include 3.08 g/t Au over 25.8m, 6.84 g/t Au over 9.5m, and 1.52 g/t Au over 37.5m. The company has completed 43 drill holes totaling 23,500m this year.

A notable deep exploration hole (25ODD-122) has reached 1,860m depth, encountering the Wenot shear corridor at 1,598m, approximately 1,100m below surface. This represents a potential significant expansion of the deposit at depth. The company is operating with four drilling rigs, focusing on resource optimization and exploration of new satellite deposits including the Camp Zone and Blueberry Hill trend.