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Omai Gold Drills 2.53 g/t Au over 9.9 m, 1.85 g/t over 12.7 m and 37.8 g/t over 2.0 m Along the West and East Wenot Extensions
Toronto, Ontario--(Newsfile Corp. - July 13, 2022) - Omai Gold Mines Corp. (TSXV: OMG) (OTC Pi...
About this update from Omai Gold Mines Corp.
[{"type":"text","content":"Omai Gold Drills 2.53 g/t Au over 9.9 m, 1.85 g/t over 12.7 m and 37.8 g/t over 2.0 m Along the West and East Wenot ExtensionsToronto, Ontario--(Newsfile Corp. - July 13, 2022) - Omai Gold Mines Corp. (TSXV: OMG) (OTC Pink: OMGGF) (\"Omai\" or the \"Company\") is pleased to provide results from the Company's ongoing diamond drill program currently focused on expanding the Wenot resource at its Omai project in Guyana. This new drilling confirms that the Wenot shear-hosted gold mineralization extends to at least 900 metres west of the past-producing pit and 400 metres east of the pit, for a total strike of at least 2.7 km, which remains open along strike. Results for an additional four holes to the west of the Wenot deposit and two holes to the east include the following highlights1: 2.53 g/t Au over 9.9 m and 5.96 g/t Au over 2.4 m in hole 22ODD-04737.83 g/t Au over 2.0 m and 1.85 g/t Au over 12.7 m in hole 22ODD-046 1.84 g/t Au over 9.2 m in hole 22ODD-049 1.30 g/t Au over 8.4 m in hole 22ODD-044 Elaine Ellingham, Chief Executive Officer, noted, \"We are pleased that this new drilling continues to intersect gold zones and, very significantly, extends our Wenot mineralization along an open-ended 2.7-km strike, well outside of the previously mined area. Hole 22ODD-047 which intersected 2.53 g/t Au over 9.9 m and 5.96 g/t over 2.4 m is 2.7 km west of hole 22ODD-049 which intersected two zones hosting visible gold, one intersecting 1.84 g/t Au over 9.2 m and a second zone with assays pending. These results indicate an exploration target with a size of at least 2.7 km long, by 450 m deep, by 200-300 m wide, with only 50% of this larger area having been drill tested, and outside of the pit area, only by wide-spaced holes or very shallow historic holes. The Wenot shear corridor is a regional structure and it is highly likely that the gold-bearing zones extend beyond the drill-tested area.\"\"We are sufficiently funded to advance our exploration program to the next significant milestone of expanding the gold resources on our Omai project through our drilling at Wenot and our renewed study of the Fennell historic resource. Once the current phase of Wenot drilling is complete, an updated NI 43-101 resource estimate will commence. We expect to re-start work shortly on some of the nearby exploration targets, including unexplored areas along...