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Omai Gold Mines Corp. (OTCQB: OMGGF; TSXV: OMG) generates frequent, technically detailed news as it advances the 100%-owned Omai Gold Project in Guyana. The company’s releases focus on drilling results, Mineral Resource updates, economic studies and corporate financings related to its two orogenic gold deposits, the Wenot Deposit and the Gilt Creek Deposit.
Investors following Omai Gold news can expect regular updates on diamond drilling at Wenot, where the company reports multiple high-grade gold intercepts, expansion of mineralization along a 2.5 kilometre shear corridor, and confirmation of gold zones at depth well below the previously known deposit. News also covers drilling at the Gilt Creek deposit, including very long mineralized intervals within the Omai quartz diorite intrusive stock and surrounding volcanic rocks that support underground mine planning and metallurgical work.
In addition to drill results, Omai Gold’s news flow includes announcements on NI 43-101 Mineral Resource Estimates, filing of Technical Reports, progress on Preliminary Economic Assessments, and steps along the permitting pathway in Guyana, such as Environmental Impact Assessment submissions and community consultations. Corporate news items highlight equity financings, including bought-deal private placements used to fund exploration, resource studies and permitting activities.
This news page aggregates these disclosures so readers can track how drilling, resource growth, permitting and financing developments may influence the long-term potential of the Omai Gold Project. For investors and observers interested in gold exploration, orogenic gold systems and Guyana’s mining sector, the OMGGF news feed offers ongoing insight into the technical and corporate milestones of Omai Gold Mines Corp.
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.
The drilling program aims to optimize the resource for an upcoming Preliminary Economic Assessment (PEA) expected in Q1/26, with efforts focused on reducing strip ratios and upgrading Inferred resources to Indicated category.Omai Gold Mines (OTCQB: OMGGF) announced a significant increase in its Mineral Resource Estimate (MRE) at its 100%-owned Omai Gold Property in Guyana. The update shows Indicated Mineral Resources of 2.1 Moz Au at 2.07 g/t Au (7% increase) and Inferred Mineral Resources of 4.4 Moz Au at 1.95 g/t Au (92% increase).
The property hosts two deposits: the Wenot Deposit with 970,000 oz gold Indicated (16% increase) and 3.7M oz gold Inferred (130% increase), and the Gilt Creek Deposit with 1.15M oz gold Indicated and 665,000 oz gold Inferred. The MRE uses a higher gold price assumption of $2,500/oz, enabling lower cutoff grades and increased total ounces.
The company plans to continue aggressive drilling to expand resources and advance toward a Feasibility Study in late 2026. The project benefits from existing infrastructure including road access, an airstrip, and established tailings sites.
Omai Gold Mines (OTCQB: OMGGF) announced significant drill results from its ongoing 2025 resource expansion program at the Wenot deposit in Guyana. Key highlights include exceptional gold intersections of 17.36 g/t Au over 7.5m (capped), 2.64 g/t Au over 41.8m, and 3.49 g/t Au over 17.4m.
The company has completed 37 holes totaling 20,500m, exceeding its original 15,000m program. The drilling campaign continues to extend gold mineralization at Wenot, with results pending for 8 additional holes. The Wenot shear corridor reaches widths of 350-400m in the central portion and extends at least 2.5km along strike. An updated Mineral Resource Estimate is underway, with a revised Preliminary Economic Assessment expected 3-4 months after.
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.