Omai Gold Mines Corp. reports exploration and project-advancement developments for its 100% owned Omai Gold Project in Guyana, South America. Company updates focus on drill assays and gold mineralization at the Wenot deposit, resource-definition work under NI 43-101, and technical study activity tied to the Wenot open pit and adjacent Gilt Creek underground deposit.
Recurring corporate news also includes mineral resource estimate updates, preliminary economic assessment work, permitting, metallurgy, tailings and baseline studies, as well as capital-structure items such as private placements and incentive stock option grants.
Omai Gold (OTCQB: OMGGF) updated its April 7, 2026 Mineral Resource Estimate for the Omai project in Guyana. Indicated resources rose to 2.495 Moz Au at 2.04 g/t (38.1 Mt); Inferred resources rose to 5.465 Moz Au at 1.59 g/t (106.6 Mt). Wenot Indicated increased 49.8% to 1.453 Moz; Gilt Inferred grew 120.3% to 1.465 Moz. A $3,000/oz gold price and specified cut-offs were applied. The company plans a 50,000 m drill program and a PEA in 2–3 months.
Omai Gold (OTCQB: OMGGF) reported assays from eight drill holes at the 100% owned Wenot deposit in Guyana, including high‑grade intercepts such as 28.03 g/t Au over 3.1m, 37.31 g/t Au over 1.1m and 26.96 g/t Au over 1.2m. Five rigs are active on Wenot testing the Dike Corridor at -150 to -400m and new targets including the "Handle".
The company expects an updated Mineral Resource Estimate within weeks and a Preliminary Economic Assessment a few months later, while continuing aggressive drilling to upgrade and expand the Wenot resource.
Omai Gold (OTCQB: OMGGF) reported additional assay results including 4.18 g/t Au over 14.6m and 3.73 g/t Au over 17.3m from Central Wenot and has commenced a 50,000-metre diamond drill program.
The program (started January 14, 2026) targets upgrading the Wenot inferred resource, includes a 59-hole (32,500m) Wenot block, a 20-hole (12,500m) Deep Dike Corridor initiative, a 9-hole East Wenot extension (3,200m) and 1,800m of geophysical targets.
Omai Gold Mines (OTCQB: OMGGF) ranked 6th on the TSX Venture Exchange 2026 Top 50, reflecting strong 2025 performance.
The company reported 483% share-price appreciation in 2025 and market capitalization growth from ~C$125 million (end-2024) to ~C$938 million (end-2025). The company cited expanded gold Mineral Resource Estimate via Guyana drilling.
Omai Gold (OTCQB: OMGGF) reported assays from five additional 2025 drill holes at the 100% owned Omai Gold Project, Wenot area, Guyana. Highlights include 12.34 g/t Au over 17.5m (hole 25ODD-152W) and 3.09 g/t Au over 24.6m (hole 25ODD-154). These results will be included in the Mineral Resource Estimate planned for Q1 2026, with an updated Preliminary Economic Assessment targeted in Q2 2026.
QA/QC protocols and certified lab analyses were used; a Qualified Person reviewed and approved the technical information.
Omai Gold (OTCQB: OMGGF) engaged SLR Consulting to deliver an updated Mineral Resource Estimate (MRE) and a Preliminary Economic Assessment (PEA) for the 100% owned Omai Gold Project in Guyana.
The planned study will incorporate the expanded Wenot open pit and the adjacent Gilt Creek underground deposit. The company expects the updated MRE in Q1 2026 and the PEA in Q2 2026. Management said recent drilling (five rigs until December) will feed the MRE and form the basis for the PEA, which the company described as potentially transformational for advancing the project toward development.
Omai Gold (OTCQB: OMGGF) reported assay results from eight additional holes at the Wenot area, including high‑grade intercepts of 11.48 g/t Au over 10.2m, 10.65 g/t Au over 9.0m (including 23.79 g/t Au over 3.8m) and 4.79 g/t Au over 14.5m. The company completed 79 drill holes (35,300 m) in 2025, with 31 holes at Wenot after the August 2025 MRE; an updated MRE is underway and expected in Q1 2026. Drilling has restarted using three of five rigs, focusing on Wenot expansion, testing depths of -300m to -450m, and upgrading the large Wenot Inferred MRE.
Omai Gold (OTCQB: OMGGF; TSXV: OMG) granted incentive stock options to officers, directors, employees and consultants to purchase 10,720,000 common shares under its stock option plan.
The options carry a five-year term at an exercise price of $1.44 per share, with vesting in thirds: one third on the date of grant, one third on the first anniversary, and the final third on the second anniversary, and an expiry date of January 8, 2031.
Qualified Person: Elaine Ellingham, P.Geo., approved the technical information and is a director and officer of Omai Gold and is not independent under NI 43-101.
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.