Omai Gold Drills 2.67 g/t Au over 21.4m, 2.31 g/t Au over 24.6m, and 5.47 g/t Au over 9.7m in Resource Expansion Program at Wenot
Omai Gold Mines (OTC: OMGGF) announced significant drilling results from its ongoing 2025 resource expansion program at the Wenot deposit in Guyana. The company reported impressive gold intersections including 2.67 g/t Au over 21.4m, 2.31 g/t Au over 24.6m, and 5.47 g/t Au over 9.7m. The drilling program has surpassed its original 15,000m target, completing 28 holes totaling 17,109m to date.
Key highlights include successful extension of known gold mineralization at Wenot, with multiple high-grade intersections below and along the flanks of both the 2024 MRE and PEA pit shell. An updated NI 43-101 Mineral Resource Estimate is expected next quarter, following a recent site visit by independent consultants. The company continues drilling with three rigs, focusing on Wenot extensions and exploring early-stage targets for potential near-surface satellite pits.
Omai Gold Mines (OTC: OMGGF) ha annunciato risultati significativi dai suoi lavori di perforazione nell'ambito del programma di espansione delle risorse 2025 presso il giacimento Wenot in Guyana. La società ha riportato intersezioni d'oro notevoli, tra cui 2,67 g/t Au su 21,4 m, 2,31 g/t Au su 24,6 m e 5,47 g/t Au su 9,7 m. Il programma di perforazione ha superato l'obiettivo iniziale di 15.000 m, completando finora 28 fori per un totale di 17.109 m.
I punti salienti includono l'estensione con successo della mineralizzazione aurifera nota a Wenot, con molteplici intersezioni ad alto tenore al di sotto e lungo i fianchi sia della riserva mineraria MRE 2024 sia del perimetro PEA. Una stima aggiornata delle risorse minerarie NI 43-101 è prevista per il prossimo trimestre, a seguito di una recente visita in sito da parte di consulenti indipendenti. La società continua le perforazioni con tre impianti, concentrandosi sulle estensioni di Wenot e sull'esplorazione di obiettivi in fase iniziale per potenziali miniere satelliti in prossimità della superficie.
Omai Gold Mines (OTC: OMGGF) anunció resultados significativos de perforación en su programa de expansión de recursos 2025 en el depósito Wenot en Guyana. La compañía reportó intersecciones de oro impresionantes, incluyendo 2.67 g/t Au sobre 21.4 m, 2.31 g/t Au sobre 24.6 m y 5.47 g/t Au sobre 9.7 m. El programa de perforación ha superado su objetivo original de 15,000 m, completando hasta la fecha 28 perforaciones que suman 17,109 m.
Los aspectos destacados incluyen la extensión exitosa de la mineralización aurífera conocida en Wenot, con múltiples intersecciones de alta ley debajo y a lo largo de los flancos tanto del MRE 2024 como del pit shell PEA. Se espera una actualización de la estimación de recursos minerales NI 43-101 el próximo trimestre, tras una reciente visita al sitio por consultores independientes. La compañía continúa perforando con tres equipos, enfocándose en las extensiones de Wenot y explorando objetivos en etapas tempranas para posibles pozos satélite cercanos a la superficie.
Omai Gold Mines (OTC: OMGGF)는 가이아나의 Wenot 광상에서 진행 중인 2025년 자원 확장 프로그램의 드릴링 결과를 발표했습니다. 회사는 21.4m 구간에서 2.67 g/t Au, 24.6m 구간에서 2.31 g/t Au, 9.7m 구간에서 5.47 g/t Au 등 인상적인 금 광물 교차 구간을 보고했습니다. 드릴링 프로그램은 원래 목표였던 15,000m를 초과하여 현재까지 총 28개 구멍, 17,109m를 완료했습니다.
주요 내용으로는 Wenot에서 알려진 금 광물화의 성공적인 확장이 포함되며, 2024년 MRE 및 PEA 갱도 껍질 아래와 측면을 따라 여러 고등급 교차 구간이 확인되었습니다. 독립 컨설턴트의 최근 현장 방문에 따라 다음 분기에 업데이트된 NI 43-101 광물 자원 추정치가 발표될 예정입니다. 회사는 세 대의 장비로 드릴링을 계속 진행하며 Wenot 확장과 초기 단계 목표 지역에서 잠재적 근표면 위성 갱도를 탐사하고 있습니다.
Omai Gold Mines (OTC : OMGGF) a annoncé des résultats de forage significatifs dans le cadre de son programme d'expansion des ressources 2025 au gisement Wenot en Guyane. La société a rapporté des intersections d'or impressionnantes, notamment 2,67 g/t Au sur 21,4 m, 2,31 g/t Au sur 24,6 m et 5,47 g/t Au sur 9,7 m. Le programme de forage a dépassé son objectif initial de 15 000 m, avec à ce jour 28 trous totalisant 17 109 m.
Les points clés incluent l'extension réussie de la minéralisation aurifère connue à Wenot, avec plusieurs intersections à haute teneur sous et le long des flancs à la fois de l'estimation des ressources minérales MRE 2024 et de la coque de fosse PEA. Une mise à jour de l'estimation des ressources minérales NI 43-101 est attendue le trimestre prochain, suite à une récente visite sur site par des consultants indépendants. La société poursuit les forages avec trois foreuses, se concentrant sur les extensions de Wenot et explorant des cibles en phase initiale pour d'éventuelles fosses satellites en surface.
Omai Gold Mines (OTC: OMGGF) hat bedeutende Bohrergebnisse aus seinem laufenden Ressourcenerweiterungsprogramm 2025 am Wenot-Lagerstätten in Guyana bekannt gegeben. Das Unternehmen meldete beeindruckende Goldabschnitte, darunter 2,67 g/t Au über 21,4 m, 2,31 g/t Au über 24,6 m und 5,47 g/t Au über 9,7 m. Das Bohrprogramm hat sein ursprüngliches Ziel von 15.000 m überschritten und bisher 28 Bohrlöcher mit insgesamt 17.109 m abgeschlossen.
Wichtige Highlights sind die erfolgreiche Erweiterung der bekannten Goldmineralisierung bei Wenot mit mehreren hochgradigen Abschnitten unterhalb und entlang der Flanken sowohl der 2024 MRE- als auch der PEA-Pit-Hülle. Eine aktualisierte NI 43-101 Mineralressourcenschätzung wird im nächsten Quartal erwartet, nach einem kürzlichen Besuch unabhängiger Gutachter vor Ort. Das Unternehmen setzt die Bohrungen mit drei Bohrgeräten fort, konzentriert sich auf die Erweiterungen bei Wenot und erkundet Frühphasen-Ziele für potenzielle oberflächennahe Satellitenbergwerke.
- Multiple high-grade gold intersections including 2.67 g/t Au over 21.4m and 5.47 g/t Au over 9.7m
- Drilling program exceeded planned 15,000m target with 17,109m completed
- Successful extension of known gold mineralization below and along pit shell flanks
- Updated Mineral Resource Estimate expected next quarter
- Potential for near-surface starter pit identified in West Wenot area
- Some drill holes showed disappointing results in certain zones (e.g., CQFP zone in hole 25ODD-112)
- Results still pending for seven additional holes
- Limited drilling in certain areas of eastern Wenot
Toronto, Ontario--(Newsfile Corp. - June 25, 2025) - Omai Gold Mines Corp. (TSXV: OMG) (OTC: OMGGF) ("Omai Gold" or the "Company") is pleased to announce additional results from its ongoing 2025 drill program, focused on expanding the large Wenot deposit at the Company's
Highlights include:
- Hole 25ODD-107
- 2.67 g/t Au over 21.4m
- including 17.61 g/t Au over 2.1m
- 2.31 g/t Au over 24.6m
- including 9.61 g/t Au over 2.5m
- 2.67 g/t Au over 21.4m
- Hole 25ODD-108
- 5.81 g/t Au over 6.1m
- 1.91 g/t Au over 10.8m
- Hole 25ODD-110
- 1.12 g/t Au over 42.5m
- including 7.97 g/t Au over 2.2m
- 1.12 g/t Au over 42.5m
- Hole 25ODD-112
- 2.80 g/t Au over 15.0m
- including 11.50 g/t Au over 3.1m
- 1.87 g/t Au over 17.4m
- 0.83 g/t Au over 42.2m
- 2.80 g/t Au over 15.0m
- Hole 25ODD-113
- 5.47 g/t Au over 9.7m
- 1.53 g/t Au over 13.0m
- including 2.76 g/t Au over 5.8m
Elaine Ellingham, President & CEO, commented: "As we are nearing completion of the Wenot resource expansion drill program, the campaign is looking to finish on a strong note heading into the updated MRE, planned for next quarter. Broad zones of higher-grade gold mineralization continue to be intersected below and along the flanks of both the 2024 MRE and 2024 PEA pit shell, boding well for the pending update. Our exciting hole 25ODD-122, targeting both the Gilt Creek deposit and the Wenot depth potential, is progressing well, and recently passed the 1,000m downhole mark and continues."
Work is underway on an updated NI 43-101 Mineral Resource Estimate ("MRE"), with the independent consultant ("QP") having already made the required site visit last week. The MRE is expected to be completed next quarter.
Drilling continues with two rigs on Wenot and a third rig on the long Gilt Creek-Wenot drill hole, designed to test the upside potential of both deposits as well as exploring between the two adjacent related orogenic gold deposits (see News Release May 23, 2025). Following the cut-off date for the Resource study, drilling will continue on Wenot, but more focused on Wenot extensions as well as on earlier stage targets across the Omai gold property that hold potential for near-surface satellite pits.
Details on the currently reported holes are as follows:
Hole 25ODD-107 (Figure 2) was drilled from the north side of Wenot targeting 100-150m down-dip from nearby hole 24ODD-078. Hole 25ODD-107 intersected two broad intervals of high-grade gold mineralization: 2.67 g/t Au over 21.4m within the most prolific historically mined zone known as the "Dike Corridor" and 2.31 g/t Au over 24.6m in the central quartz feldspar porphyry dike "CQFP". This hole amply achieved its goal of extending two significant gold zones in hole 078 down-dip and about 150m below the bottom of the PEA pit shell.
In hole 24ODD-078 (News Release Sept 6, 2024), the Dike Corridor mineralization was intersected between vertical depths of 180m to 280m depth and included 2.2 g/t Au over 43.7m, 1.19 g/t Au over 4.5m and 3.49 g/t Au over 5.0m. In hole 107, the same Dike Corridor mineralization was intersected between vertical depths of 300 to 370m and included 1.2 g/t Au over 13.2m, 1.87 g/t Au over 3.6m and 2.67 g/t Au over 21.4m. This is a good example of how our Wenot drill program is successfully extending the known mineralization to depth and can be expected to contribute to expanding the updated Wenot MRE.
Hole 107 also successfully extended to depth the central contact gold zone that is comprised of the central quartz feldspar porphyry ("CQFP") and an intensely sheared protomylonite of sedimentary origin, that lies immediately on the southern side of the CQFP. In hole 107, this zone averaged 2.31 g/t Au over 24.6m which included 9.61 g/t Au over 2.5m at a vertical depth of 430m. This correlates to the same zone in hole 078 at a vertical depth of 320m that assayed 3.13 g/t Au over 43.0m. Hole 107 effectively extended this central zone down dip by 110m.
Neither hole was drilled far into the southern sediments, however, Hole 107 intersected 1.08 g/t Au over 8.7m within the sediments near the end of the hole. Hole 107 ended in the diabase dike at a vertical depth of 490m as expected.
Hole 25ODD-112 (Figure 3) was drilled from the north side of Wenot at a similar easting as hole 24ODD-087 which was drilled from the south, and approximately 100m east from hole 25ODD-102. Hole 25ODD-112 intersected several significant intervals of gold mineralization within the volcanic sequence and Dike Corridor on the north side of the main contact. These results include 2.80 g/t Au over 15.0m, 1.87 g/t Au over 17.4m, 0.53 g/t Au over 8.5m, 2.45 g/t Au over 2.2m and 0.83 g/t Au over 42.2m, with 25 separate occurrences of visible gold identified. The 1.87 g/t Au interval over 17.4m appears to correlate to the 28.04 g/t Au interval over 9.3m in hole 102, located 50m below and 50m west of hole 112. The CQFP was disappointing in this hole with only minor anomalous gold, which is unusual compared with nearby hole 064 intersecting 5.18 g/t Au over 20.7, hole 013 at 6.92 g/t Au over 19m and hole 102 at 4.55 g/t Au over 7m. Minor zones within the southern sedimentary sequence were encountered the best being 3.89 g/t Au over 2.1m.
Hole 25ODD-110 is at the eastern end of Wenot in an area that has seen much less drilling. This hole was drilled from the north targeting 100m down-dip from hole 21ODD-026 that intersected minor gold zones within the Dike Corridor, then within the CQFP intersected 2.5 g/t Au over 8.8m and a further 1.15 g/t Au over 19.5m. Approximately 140m deeper, hole 110 intersected a broad zone of gold mineralization at the CQFP of 1.12 g/t Au over 42.5m, that included 7.97 g/t Au over 2.2m. This intersection is at a vertical depth of 420m from surface and approximately 180m below the 2024 PEA pit shell at that location. Only minor gold mineralization was encountered within the Dike Corridor, which is dominated mostly by diorite dikes in this area. Gold intersections included 11.84 g/t Au over 1.0m, 2.55 g/t Au over 1.5m and 1.01 g/t Au over 4.5m. There are indications of a cross-cutting structure in this area reflected by NE shearing. There is very limited drilling in this area to date. The diabase dike was intersected at the bottom of the hole at a vertical depth of 490m, as expected.
Hole 25ODD-113 was drilled at West Wenot at an east-southeast azimuth, following up on hole 25ODD-105, also drilled at an ESE azimuth, but approximately 200m in front of hole 105. The hole targeted a very robust area of mineralization within the sediments that appears coincident with a subtle magnetic low seen in the airborne geophysics. Although the very dominant and persistent shearing and mineralization at Wenot is east-west, old blast hole data from the shallow and limited historic pit plus our drill data suggest enriched gold mineralization associated with possible NNE trending structures. Holes 105 and 113 were oriented to investigate this and did confirm a gold mineralized structure interpreted to be NNE strike and WNW dip.
Hole 25ODD-113 was collared south of the Wenot contact within the sedimentary rock sequence, therefore all intersections are within the sediments. The hole intersected 5.47 g/t Au over 9.7m, including 7.25 g/t Au over 6.5m, at a depth of only 120m below surface. The hole continued on to intersect 1.24 g/t Au over 13.0m just below the 2024 PEA pit shell, and 1.53 g/t Au over 13.0m approximately 100m below the 2024 PEA pit shell.
Hole 25ODD-108 was drilled from the north side of West Wenot at a similar easting as hole 25ODD-109, also drilled from the north and hole 25ODD-116 drilled from the south. Hole 25ODD-108 intersected 5.81 g/t Au over 6.1m and 1.91 g/t Au over 10.8m within the Dike Corridor, located north of the main contact. In this West Wenot area, the Dike Corridor is dominated by diorite dikes with lesser felsic dikes. Further downhole 1.19 g/t Au over 4.0m and 0.81 g/t Au over 8.9m were intersected within the CQFP. Minor intervals of gold mineralization were intersected within the southern sedimentary sequence including 2.96 g/t Au over 2.0m and 0.88 g/t Au over 10.6m.
Within the dike corridor, the interval grading 5.81 g/t Au over 6.1m appears to correlate to a zone that assayed 6.28 g/t Au over 7.3m within hole 23ODD-051, approximately 100 m up dip. It also appears to correlate with the recently drilled 2.37 g/t Au over 15m a further 100m up-dip in hole 25ODD-109. The intersection in hole 109 lies at a depth below surface of less than 75m. This West Wenot area has potential for a starter pit and it is very encouraging to further trace this high-grade zone from near-surface to a depth of 225m.
Table 1. Recent Wenot Drill Results*
| DDH | FROM (m) | TO (m) | INTERVAL (m) | GRADE (g/t Au) |
| 25ODD-107 | 446.0 | 459.2 | 13.2 | 1.20 |
| 480.6 | 484.2 | 3.6 | 1.87 | |
| 506.8 | 528.1 | 21.4 | 2.67 | |
| including | 523.0 | 525.1 | 2.1 | 17.61 |
| 620.3 | 644.9 | 24.6 | 2.31 | |
| including | 641.2 | 643.6 | 2.5 | 9.61 |
| 659.4 | 661.4 | 2.1 | 0.46 | |
| 666.0 | 667.0 | 1.0 | 2.02 | |
| 680.0 | 688.7 | 8.7 | 1.08 | |
| 696.0 | 699.0 | 3.0 | 0.93 | |
| 25ODD-108 | 268.8 | 276.2 | 7.5 | 0.46 |
| 321.6 | 327.7 | 6.1 | 5.81 | |
| 360.8 | 371.5 | 10.8 | 1.91 | |
| 418.0 | 422.0 | 4.0 | 1.19 | |
| 425.1 | 434.0 | 8.9 | 0.81 | |
| 455.9 | 456.9 | 1.0 | 0.93 | |
| 481.5 | 482.5 | 1.0 | 0.80 | |
| 497.0 | 499.0 | 2.0 | 2.96 | |
| 519.0 | 529.6 | 10.6 | 0.88 | |
| 533.5 | 535.6 | 2.1 | 0.74 | |
| 540.8 | 542.8 | 2.0 | 0.93 | |
| 584.0 | 585.2 | 1.2 | 1.39 | |
| 593.2 | 594.3 | 1.2 | 0.94 | |
| 25ODD-110 | 231.0 | 240.0 | 9.0 | 0.21 |
| 248.0 | 249.0 | 1.0 | 11.84 | |
| 458.0 | 460.2 | 2.2 | 1.08 | |
| 467.5 | 472.0 | 4.5 | 0.31 | |
| 506.5 | 508.0 | 1.5 | 2.55 | |
| 561.5 | 566.0 | 4.5 | 1.01 | |
| 591.5 | 634.0 | 42.5 | 1.12 | |
| including | 612.5 | 614.7 | 2.2 | 7.97 |
| 669.6 | 673.3 | 3.7 | 1.53 | |
| 695.0 | 696.1 | 1.1 | 1.44 | |
| 25ODD-112 | 99.1 | 101.7 | 2.6 | 0.60 |
| 213.0 | 221.3 | 8.3 | 0.53 | |
| 231.0 | 246.0 | 15.0 | 2.80 | |
| including | 232.1 | 235.2 | 3.1 | 11.50 |
| 302.9 | 305.1 | 2.2 | 2.45 | |
| 316.2 | 333.6 | 17.4 | 1.87 | |
| 316.2 | 323.1 | 7.0 | 2.03 | |
| including | 316.2 | 318.2 | 2.1 | 6.26 |
| 329.4 | 333.6 | 4.1 | 4.34 | |
| 342.8 | 349.6 | 6.8** | 0.59 | |
| 377.0 | 419.2 | 42.2 | 0.83 | |
| 377.0 | 391.1 | 14.1 | 1.58 | |
| including | 377.0 | 380.2 | 3.2 | 4.81 |
| 394.9 | 403.3 | 8.4 | 2.01 | |
| including | 401.8 | 403.3 | 1.6 | 8.73 |
| 409.6 | 419.2 | 9.6 | 1.17 | |
| 454.1 | 457.5 | 3.4 | 1.03 | |
| 514.3 | 517.3 | 3.0 | 0.40 | |
| 547.5 | 549.5 | 2.0 | 1.01 | |
| 562.7 | 564.9 | 2.1 | 3.89 | |
| 25ODD-113 | 127.5 | 129.0 | 1.5 | 2.00 |
| 158.5 | 164.0 | 5.5 | 0.53 | |
| 181.3 | 191.0 | 9.7 | 5.47 | |
| including | 184.5 | 191.0 | 6.5 | 7.25 |
| 235.0 | 238.5 | 3.5 | 1.36 | |
| 245.0 | 245.8 | 0.8 | 0.85 | |
| 253.0 | 254.0 | 1.0 | 1.43 | |
| 267.5 | 268.5 | 1.0 | 1.27 | |
| 285.0 | 298.0 | 13.0 | 1.24 | |
| 304.0 | 305.0 | 1.0 | 1.49 | |
| 312.0 | 313.0 | 1.0 | 1.71 | |
| 317.5 | 319.0 | 1.5 | 1.93 | |
| 326.0 | 329.3 | 3.3 | 1.79 | |
| 440.0 | 453.0 | 13.0 | 1.53 | |
| including | 444.0 | 450.5 | 5.8** | 2.76 |
*True widths vary as mineralization at Wenot is generally hosted within stockwork vein systems with alteration halos, with an estimated true width range of 70
Figure 1. Omai Plan Map Showing Drill Hole Locations
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8712/256757_7d759eaf847c4878_001full.jpg
Figure 2. Cross-section for Hole 25ODD-107
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https://images.newsfilecorp.com/files/8712/256757_7d759eaf847c4878_002full.jpg
Figure 3. Cross-section for Hole 25ODD-112
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https://images.newsfilecorp.com/files/8712/256757_7d759eaf847c4878_003full.jpg
Table 2. Drill Hole Coordinates
| Hole ID | Azimuth (degrees) | Inclination (degrees) | Easting | Northing | Depth (m) | Status |
| 25ODD-107 | 176 | -53 | 304967 | 601996 | 710.0 | Reporting |
| 25ODD-108 | 178 | -53 | 304534 | 601953 | 646.7 | Reporting |
| 25ODD-109 | 170 | -53 | 304498 | 601772 | 608.5 | Previously Reported |
| 25ODD-110 | 176 | -53 | 305836 | 601819 | 704.0 | Reporting |
| 25ODD-111 | 176 | -54 | 305231 | 601928 | 656.0 | Previously Reported |
| 25ODD-112 | 175 | -54 | 305578 | 601831 | 643.7 | Reporting |
| 25ODD-113 | 110 | -48 | 304265 | 601657 | 484.3 | Reporting |
| 25ODD-114 | 176 | -57 | 304790 | 602030 | 700.0 | Pending |
| 25ODD-115 | 355 | -52 | 305429 | 601248 | 106.5 | Incomplete Hole |
| 25ODD-116 | 356 | -50 | 304487 | 601468 | 571.6 | Previously Reported |
| 25ODD-117 | 176 | -50 | 305429 | 601849 | 646.0 | Pending |
| 25ODD-118 | 176 | -53 | 305928 | 601800 | 541.0 | Pending |
| 25ODD-119 | 175 | -54 | 305028 | 601981 | 356.0 | Pending |
| 25ODD-120 | 176 | -54 | 305182 | 602067 | 688.0 | Pending |
| 25ODD-121 | 176 | -54 | 305289 | 601928 | 739.7 | Pending |
| 25ODD-122 | 142 | -60 | 304648 | 602870 | Drilling | |
| 25ODD-123 | 357 | -50 | 304533 | 601522 | Pending | |
| 25ODD-124 | 357 | -54 | 305233 | 601282 | Drilling | |
| 25ODD-125 | 175 | -55 | 304356 | 602008 | Drilling |
1NI 43-101 Technical Report dated May 21, 2024 "UPDATED MINERAL RESOURCE ESTIMATE AND PRELIMINARY ECONOMIC ASSESSMENT OF THE OMAI GOLD PROPERTY, POTARO MINING DISTRICT NO.2, GUYANA" was prepared by Eugene Puritch, P.Eng., FEC, CET, President of P&E Mining Consultants Inc. is available on SEDAR+ and on the Company's website. It includes a Wenot resource of 834,000 indicated ounces of gold averaging 1.48 g/t Au within 17.6 million tonnes and 1,614,000 inferred ounces of gold averaging 1.99 g/t Au within 25.2 million tonnes, and the adjacent Gilt Creek resource of 1,151,000 indicated ounces of gold averaging 3.22 g/t Au within 11.1 million tonnes and 665,000 inferred ounces of gold averaging 3.35 g/t Au within 6.2 million tonnes.
2 Past production at the Omai Mine (1993-2005) is summarized in several Cambior Inc. documents available on SEDARplus.ca, including March 31, 2006 AIF and news release August 3, 2006.
Quality Control
Omai maintains an internal QA/QC program to ensure sampling and analysis of all exploration work is conducted in accordance with best practices. Certified reference materials, blanks and duplicates are entered at regular intervals. Samples are sealed in plastic bags.
Drill core samples (halved-core) were shipped to ActLabs and some batches to MSALABS, both certified laboratories in Georgetown Guyana, respecting the best chain of custody practices. At the laboratory, samples are dried, crushed up to
Qualified Person
Elaine Ellingham is a Qualified Person (QP) under National Instrument 43-101 "Standards of Disclosure for Mineral Projects" and has approved the technical information contained in this news release. Ms. Ellingham is not considered to be independent for the purposes of National Instrument 43-101.
ABOUT OMAI GOLD
Omai Gold Mines Corp. is a Canadian gold exploration and development company focused on rapidly expanding the two orogenic gold deposits at its
In 2025 Omai Gold plans to continue its impactful drill programs, announce an updated and expanded MRE, and complete an updated PEA which would include an expanded Wenot open pit deposit and an underground mining scenario at Gilt Creek. The Omai Gold Mine produced over 3.7 million ounces of gold from 1993 to 20052, ceasing operations when gold was below US
For further information, please see our website www.omaigoldmines.com or contact:
Elaine Ellingham, P.Geo.
President & CEO
elaine@omaigoldmines.com
+1.416.473.5351
David Stewart, P.Eng.
VP Corporate Development & Investor Relations
dstewart@omaigoldmines.com
+1.647.294.8361
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the timing of completion of exploration, trenching and drill programs, and the potential for the Omai Gold Project to allow Omai to build significant gold Mineral Resources at attractive grades, and forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements.
Such factors include, but are not limited to general business, economic, competitive, political and social uncertainties; delay or failure to receive regulatory approvals; the price of gold and copper; and the results of current exploration. Further, the Mineral Resource data set out in the Omai Gold news release are estimates, and no assurance can be given that the anticipated tonnages and grades will be achieved or that the indicated level of recovery will be realized. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Further, the Preliminary Economic Assessments and related data discussed in this news release are estimates, and no assurance can be given that the anticipated tonnages and grades will be achieved or that the indicated level of recovery will be realized. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Omai Gold Mines Corp. to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to international operations; actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of gold, copper and other minerals and metals; general market conditions; possible variations in ore reserves, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; uncertainty of access to additional capital; delays in obtaining governmental approvals or in the completion of development or construction activities.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256757
FAQ
What were the key gold intersections reported by OMGGF in their June 2025 drilling results?
How many meters has OMGGF drilled in their 2025 program at Wenot?
When will OMGGF release their updated Mineral Resource Estimate?
What is the current status of OMGGF's drilling program at Wenot?
Where is the Omai Gold Project located?
