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Omai Gold Drills 2.27 g/t Au over 33.9m, 6.28 g/t over 7.3m, and 1.92 g/t over 20.3m at Wenot; Updated NI43-101 Resource Study Underway
Toronto, Ontario--(Newsfile Corp. - September 12, 2022) - Omai Gold Mines Corp. (TSXV: OMG) (O...
About this update from Omai Gold Mines Corp.
[{"type":"text","content":"Omai Gold Drills 2.27 g/t Au over 33.9m, 6.28 g/t over 7.3m, and 1.92 g/t over 20.3m at Wenot; Updated NI43-101 Resource Study UnderwayToronto, Ontario--(Newsfile Corp. - September 12, 2022) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) (\"Omai\" or the \"Company\") is pleased to provide additional significant drill results from the Company's Omai gold project in Guyana. Diamond drilling has focused on expanding the Wenot resource both along strike and at depth. Results for the last five holes, at the western end of the Wenot deposit, include the following highlights: 2.27g/t Au over 33.9m, 2.73 g/t Au over 10.5m, and1.10 g/t Au over 9.4 m in Hole 22ODD-05213.07 g/t Au over 3.5 m in hole 22ODD-050 6.28 g/t Au over 7.3 m, 1.92 g/t Au over 20.3 m, and1.45 g/t Au over 12.7m in 22ODD-051 Elaine Ellingham, Chief Executive Officer, commented \"These impressive new drill results continue to confirm the strike and depth continuity of the Wenot mineralized zones. We have not seen any limitations at this point to the depth and strike potential of the Wenot zones, and as such are optimistic that additional drilling can further expand the gold zones. We are in the process of preparing an updated NI 43-101 report and these wide zones are expected to positively impact this upcoming mineral resource estimate.\"\"Holes 22ODD-051 and 052 were designed to in-fill and confirm the continuity of the gold mineralized shears at depth below the western end of Wenot and proved extremely successful with wide intersections, including 33.9m averaging 2.27 g/t Au and 20.3 m at 1.92 g/t Au, in addition to multiple additional subparallel gold zones. These gold-bearing shear structures at the west end of Wenot are particularly important since they come to surface and are now identified to a vertical depth of at least 320m, which is expected to allow the expansion of the constraining pit for the updated resource. Only the surficial saprolite cover was historically mined in this area.\" \"We expect to deliver our new NI 43-101 mineral resource estimate in October, which will incorporate results from the eleven additional drill holes completed on Wenot this year. More significantly, the resource estimate is expected to be augmented by the inclusion of an additional gold deposit, hosted within the adjacent Omai Stock, located less than 400 m north of Wenot.\"...