Omai Gold Mines Corp. is pleased to report the closing of the acquisition of the Eastern Flats property, a 1,519 acre property consisting of prospecting and mining rights, located immediately east and contiguous to Omai's 4,590 acre prospecting licence, which includes the past producing Omai Mine. The acquisition of a 100% interest in the Eastern Flats prospecting and mining rights is completed upon payment of a residual [...]
Omai Gold Mines Corp. has completed its previously announced non-brokered private placement for gross proceeds of $4,882,566 through the issuance of 44,386,972 units at a price of C$0.11 per Unit . The Offering was oversubscribed. Each Unit consists of one common share and one-half of a Common Share purchase warrant. Two such half warrants constitute a full warrant . Each Warrant entitles the holder to acquire one Common [...]
Omai Gold Mines Corp. is pleased to report that the 2021 drilling program has been completed on the Wenot gold deposit at its Omai project in Guyana. Drilling commenced in late November on the Broccoli Hill target area. Results for the final three diamond drill holes at Wenot are reported, with highlights including?: 15.2 grams per tonne gold over 6.0 metres , 1.38 g/t over 16.5 m and 1.8 g/t over 13.5 m in hole 21ODD-024 [...]
Omai Gold Mines Corp. is pleased to announce that the Company will be presenting at Virtual Investor Day V sponsored by Laurentian Bank Securities. Mrs. Elaine Ellingham, President & CEO will provide an in-depth update on the Company at 3:00 PM ET, Wednesday, December 8, 2021. VID V provides a unique and completely interactive experience for feature companies and participants. Feature companies will have 30 minutes to [...]
Omai Gold Mines Corp. is pleased to announce a non-brokered private placement offering for aggregate gross proceeds of up to C$4,500,000 through the issuance of units of the Company at a price of C$0.11 per Unit. Each Unit will consist of one common share and one-half of a common share purchase warrant. Two such half warrants constitute a full warrant . Each Warrant entitles the holder to acquire one Common Share at an [...]
Omai Gold Mines Corp. is pleased to report that exploration has commenced on the East Wenot Extension and on the Broccoli Hill target, at the Omai property in Guyana. The current drilling program that focused on the Wenot deposit beneath the past producing pit, was completed yesterday. The program consisted of 16 holes totalling 9,367 metres, with final assay results pending. P&E Mining Consultants are engaged as the [...]
Omai Gold Mines Corp. is pleased to report additional results from the drilling program underway to test below the past-producing Wenot pit at the Omai gold project in Guyana. All fifteen holes completed this year, testing the depth extension of Wenot, successfully intersected multiple near-vertical gold mineralized shears along a 1.55 km strike. Highlights of the new assay results include1: Hole 21ODD-020 best [...]
Omai Gold Mines Corp. today announced the appointment of Elaine Ellingham to the position of President & Chief Executive Officer . Ms. Ellingham, who assumes the role effective immediately, has served as the interim CEO since mid-July. She will continue as a member of the Board of Directors. Renaud Adams, Chair comments, "I am very pleased with the appointment of Elaine Ellingham to the CEO role. The Board shares my view [...]
Omai Gold Mines Corp. is pleased to report that the initial 5,000 metre drilling program on its Omai project in Guyana has been completed and a Phase 2 exploration program is underway with two drills. A total of seventeen diamond drill holes totalling 7,323 metres have been completed to date this year. Highlights from recent drilling include: 19 metres grading 6.92 grams per tonne gold , 16 m of 2.2 gpt Au, 1.5 m of 56.0 [...]
Omai Gold Mines Corp. announces that, pursuant to its management transition, it has granted 1,650,000 incentive stock options to a new officer, employee and consultants. The incentive stock options have an exercise price of $0.13 per share for a five-year term expiring September 3, 2026. Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this [...]
Omai Gold Mines Corp. announces that John Ross has been appointed as Chief Financial Officer and Corporate Secretary, replacing Harvey Mackenzie, effective immediately. Mr. Ross is a Chartered Accountant with over 30 years of experience in the financial management of publicly-listed exploration and mining companies. He holds a Master of Business Administration from the University of Western Ontario. The Company would like [...]
Omai Gold Mines Corp. announces that Mario Stifano has resigned from his roles as President, Chief Executive Officer and Director, effective immediately, in order to pursue other opportunities. We are pleased to announce that Elaine Ellingham, a Director of Omai, has agreed to step in as interim CEO until a permanent CEO has been identified and appointed, and a search process has commenced. Ms. Ellingham is a seasoned [...]