Omai Gold Mines Corp. announces drill results from the Company's Omai gold project in Guyana. To date in 2024, ten diamond drill holes have been completed totalling 3,732 metres and drilling continues. A second drill commenced in late August. Assays have been received for seven holes and additional assays are pending. Highlights include: Hole 24ODD078 2.20 g/t Au over 43.7 m 3.13 g/t Au over 43.0 m Hole 24ODD-076 2.89 g/t [...]
Omai Gold Mines Corp. is pleased to announce the appointment of Joshua Bailey, P.Geo as Technical and Strategic Advisor to the Company, effective immediately. Mr. Bailey brings over 20 years professional experience in mineral exploration having played key executive leadership roles in corporate strategy and governance, technical and operational execution, transactions and partnerships, and corporate development. Joshua [...]
Omai Gold Mines Corp. is pleased to announce that the drilling has commenced at its 100%-owned Omai gold property in Guyana. With the Preliminary Economic Assessment announced April 4th, followed by a $13 million brokered private placement that closed June 20th, the Company is well positioned to further advance the project. Elaine Ellingham, CEO commented: "With the completion of our recent financing, Omai has $13 million [...]
Omai Gold Mines Corp. is pleased to announce that it has completed its previously announced brokered private placement offering of 108,333,333 common shares of the Company at a price of $0.12 per Share for gross proceeds of approximately $13,000,000. The Offering was conducted by Paradigm Capital Inc., acting as lead agent and sole bookrunner, and Maison Placements Canada Inc., Pollitt & Co. Inc. and Velocity Trade [...]
Omai Gold Mines Corp. is pleased to announce that, due to investor demand, the Company and Paradigm Capital Inc. have agreed to increase the size of the Company's previously-announced best efforts private placement offering . The amended Offering is now for 108,333,333 common shares of the Company at a price of $0.12 per Share for total gross proceeds of $13,000,000. The net proceeds from the Offering will be used for [...]
Omai Gold Mines Corp. has entered into an agreement with Paradigm Capital Inc. to act as lead agent and sole bookrunner, on behalf of a syndicate of agents to be formed, in connection with a "best efforts" private placement offering of 83,334,000 common shares of the Company to be issued at $0.12 per Share for gross proceeds of $10,000,080. In addition, the Agent has been granted an option to sell up to 12,500,100 [...]
Omai Gold Mines Corp. is pleased to announce that a National Instrument 43-101 Technical Report dated May 21, 2024 has been filed on the SEDAR+ website www.sedarplus.ca in support of the Preliminary Economic Assessment announced April 4, 2024 for the Wenot Deposit on its Omai Gold Project in Guyana. The Report was prepared under the supervision of Eugene Puritch, P.Eng., FEC, CET of P&E Mining Consultants Inc., who is [...]
Omai Gold Mines is pleased to announce that a National Instrument 43-101 Technical Report dated May 21, 2024 has been filed on the SEDAR+ website in support of the Preliminary Economic Assessment announced April 4, 2024 for the Wenot Deposit on its Omai Gold Project. The Report was prepared under the supervision of Eugene Puritch, P.Eng., FEC, CET of P&E Mining Consultants Inc., who is independent of the Company and a [...]
Omai Gold Mines Corp. announces its participation at the 121 Mining Investment Summit on May 15th and 16th in London. The 121 Mining Investment Summit attracts more than 400 investors, providing the Company with targeted one-on-one meetings with potential new investors https://www.weare121.com/121mininginvestment-london/. Further, the Company announces the granting of incentive stock options to 14 individuals, including [...]
Omai Gold Mines Corp. is pleased to announce the appointment of Marcel Cameron P.Eng. as Country Manager, Guyana. Mr. Cameron is a Mining Engineer with 25 years experience in mine planning, engineering and project management for large-scale open pit and underground operations in North and South America, Africa, Southeast Asia, and Guyana. He will be responsible for managing and advancing operations at the Company's 100 [...]
Omai Gold Mines Corp. is pleased to announce positive results from its first Preliminary Economic Assessment for the Wenot Project, one of the two gold deposits located on its 100%-owned Omai Property, in Guyana. The PEA supports an initial open pit mining scenario for production averaging 142,000 ounces of gold per year over a 13-year mine life, with peak year production of 184,000 ounces. Total Wenot production is [...]
Omai Gold Mines Corp. is pleased to report an updated Mineral Resource Estimate on its 100%-owned Omai Gold Property in Guyana. It includes an expansion to the Wenot Deposit and incorporates the previously disclosed Gilt Creek Deposit. Most significantly, the Wenot Mineral Resource Estimate increased the Indicated MRE to 834,000 oz @ 1.48 g/t Au and the Inferred MRE to 1,614,000 oz @1.99 g/t Au. HIGHLIGHTS: The Omai [...]