Omai Gold Mines Corp. is pleased to announce assay results from the Company's first hole drilled at the Gilt Creek gold deposit - one of two orogenic gold deposits at its 100%-owned Omai Gold Project in Guyana. This hole intersected 774m of the targeted gold mineralized Omai Stock, an intrusive rock unit that produced 2.4 million ounces of gold between 1993-20052. The hole also expands the known Omai Stock a further 200m [...]
Omai Gold Mines Corp. is deeply saddened to announce the passing of Dwight Walker, who served as the Company's CFO for the past few years. Mr. Walker was a CPA with over 30 years of experience in finance and administration, and served as CFO of several public companies in the mining and electronics sectors since the 1990's. Elaine Ellingham, President & CEO, commented: "On behalf of the entire Omai team, we express our [...]
Omai Gold Mines Corp. is pleased to announce that the Company has closed its previously announced "bought deal" private placement offering of 84,334,100 common shares of the Company , which included the exercise of the over-allotment option in full, at a price of $0.30 per Share for gross proceeds of $25,300,230. The Offering was conducted by Paradigm Capital Inc., acting as co-lead underwriter and sole bookrunner [...]
Omai Gold Mines Corp. is pleased to announce, due to investor demand, the Company and Paradigm Capital Inc., as co-lead Underwriter and sole bookrunner, on behalf of Haywood Securities Inc., as co-lead Underwriter, and a syndicate of underwriters , have agreed to increase the size of the Company's previously announced bought deal private placement offering . Under the amended Offering, 73,334,000 common shares of the [...]
Omai Gold Mines Corp. has entered into an agreement with Paradigm Capital Inc., as co-lead Underwriter and sole bookrunner, on behalf of Haywood Securities Inc., as co-lead Underwriter, and a syndicate of underwriters to be formed , in connection with a "bought deal" private placement offering of 50,000,000 common shares of the Company to be issued at $0.30 per Share for gross proceeds of $15,000,000. In addition, the [...]
Omai Gold Mines Corp. announces continued strong assay results from drilling completed as part of the 2024 program, including an impressive 57.0m intercept grading 4.48 g/t Au in hole 24ODD-092 and a 63.2m intercept grading 1.10 g/t Au in hole 24ODD-094. A total of 26 diamond drill holes totalling 13,716m were completed in 2024, mostly focused on expanding the large Wenot deposit at the Omai gold project in Guyana. Assays [...]
Omai Gold Mines Corp. is pleased to announce the appointment of David Stewart, P.Eng. as Vice President Corporate Development & Investor Relations, effective immediately. Further, the Company announces the granting of incentive stock options. Mr. Stewart is a mining engineer with 15 years of mining sector experience including mine development and planning, sell-side equity research, corporate development and investor [...]
Omai Gold Mines Corp. is pleased to announce the appointment of Elaine Ellingham as Executive Chairman and Derek Macpherson as Lead Director. Ms. Ellingham continues in the role of President and CEO of Omai Gold, a position she has held since 2021. She has been instrumental in building and leading a team that has discovered significant gold resources at the Company's Omai Gold project in Guyana. Completion of a positive [...]
Omai Gold Mines Corp. is pleased to announce that it has commenced drilling on the Gilt Creek gold deposit, one of two orogenic gold deposits located on its 100% held Omai gold project in Guyana. Two initial holes are planned to potentially expand the current Gilt Creek Mineral Resource Estimate, while advancing engineering and metallurgical studies that will facilitate inclusion of this underground deposit into a next [...]
Omai Gold Mines Corp. announces continued positive results from the ongoing drilling focused on expanding the Wenot deposit at the Omai gold project in Guyana. Very wide zones of up to 68.7m with robust gold grades were drilled within the "Dike Corridor", one of the five main subparallel gold zones that comprise the Wenot deposit. Assays are reported for three additional drill holes and results are pending for an [...]
Omai Gold Mines Corp. announces continued positive drilling results from the Company's Omai gold project in Guyana. Since drilling commenced in July 2024, 17 diamond drill holes have been completed totalling 8,460 metres . Assays are reported for six drill holes and assays are pending for six additional holes. Drilling continues with two rigs. Highlights include: Hole 24ODD-086 2.96 g/t Au over 19.4 m 3.78 g/t Au over [...]
Omai Gold Mines Corp. is pleased to announce the appointment of Mr. Drew Anwyll P.Eng. as an independent Director of the Company. Further, the Company announces the granting of incentive stock options to the new Director. Mr. Anwyll is a mining engineer with over 25 years of international experience in operations start-up, construction, and project management of both open pit and underground mines. He is currently Chief [...]