Omai Gold Mines Corp. announces that it has engaged Velocity Trade Capital Ltd. to provide market stabilization and liquidity services to the Company, in accordance with applicable securities laws and the policies of the TSX Venture Exchange , and pursuant to the terms of a liquidity program services agreement . Pursuant to the Services Agreement, Velocity Trade will manage trading of the Company's securities listed on [...]
Omai Gold Mines Corp. is pleased to announce that the Company has closed its previously announced non-brokered private placement and issued 29,467,399 units at a price of $0.07 per Unit for gross proceeds of C$2,062,718. Each Unit consists of one common share of the Company and one-half of a Common Share purchase warrant. Two such one-half warrants constitute a full warrant . Each Warrant entitles the holder to acquire [...]
Omai Gold Mines Corp. is pleased to announce a non-brokered private placement offering of up to 43,000,000 units at a price of $0.07 per Unit for gross proceeds of up to $3,000,000, subject to acceptance of the TSX Venture Exchange . Each Unit will consist of one common share of the Company and one-half of a common share purchase warrant. Two such half warrants shall constitute a full warrant . Each Warrant entitles the [...]
Omai Gold Mines Corp. is pleased to announce the election of Mr. Derek Macpherson to the Board of Directors. The Company is also announcing the results from the Annual General and Special Meeting and the granting of incentive stock options to a director of the Company. Mr. Macpherson has over ten years of capital markets experience in mining, identifying investment opportunities, consulting on business strategy, and [...]
Omai Gold Mines Corp. announces completion of its 2023 Omai drill program, having released a series of strong drilling results from the Wenot gold deposit and extension, located on the Omai property in Guyana. These results will contribute to an updated Mineral Resource Estimate that is currently underway. As part of the recently completed diamond drilling program, two additional holes were completed on nearby SP and BBH [...]
Omai Gold Mines Corp. announces further strong drill results from the Company's Omai gold project in Guyana. These new assays for diamond drill holes 23ODD-066, -067 and -068, combined with the recent drill results further extend the multiple gold-zones of the Wenot deposit, and are expected to positively impact the upcoming Mineral Resource update. Highlights from these recent drill holes include: 5.89 g/t Au over 12.0 m [...]
Omai Gold Mines Corp. announces further excellent drill results from the Company's Omai gold project in Guyana. Assays have been received for diamond drill hole 23ODD-071 in the West Wenot target. It encountered multiple gold zones associated with the main gold-bearing Wenot shear complex, including a 70.0 metre wide intercept with gold grades well above the current Wenot resource estimate grade1. In 2023, sixteen holes [...]
Omai Gold Mines Corp. announces additional excellent drill results from the Company's Omai gold project in Guyana. Assays have been received for an additional hole drilled in the Wenot target. To date in 2023, fourteen holes have been completed totalling 5,235 metres and drilling continues. Hole 23ODD-065 encountered very wide zones of gold mineralization starting at a vertical depth of 140 m. Visible gold was identified [...]
Omai Gold Mines Corp. announces additional drill results from the Company's Omai gold project in Guyana. Assays have been received for five additional holes, including four exploration holes and one hole at Wenot exploring the down dip extension of the central part of the known deposit as well as additional shallower, northern flanking gold zones. To date in 2023, eleven holes have been completed totalling 3,570 metres [...]
Omai Gold Mines Corp. announces additional outstanding drill results from the Company's Omai gold project in Guyana. Diamond drilling has focused on exploration targets and on demonstrating the significant expansion potential for the Wenot resource. A total of 3,569 metres have been completed in 11 holes in 2023. Results are reported for hole 23ODD-063, where visible gold was identified in 37 locations along 299 m of [...]
Omai Gold Mines Corp. is pleased to provide a project update on its Omai gold project in Guyana. Six holes have been completed on exploration targets to date in 2023, totalling 1,364 metres. A work break in March was extended pending the delivery of a new diamond drill that will improve drilling capabilities and productivity. The new drill arrived in mid-April and drilling has recommenced as planned, starting with the [...]
Omai Gold Mines Corp. announces the following changes to the Board of Directors: Renaud Adams is stepping down from his position as Chairman and director as a result of his increased responsibilities associated with his recent appointment as CEO of Iamgold Corp. Mr. Adams has offered to join Omai's Advisory Board; Don Dudek, a director of Omai Gold since June 2022, has been appointed as the Chairman, effective [...]
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