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Omai Gold Drills 8.51 g/t Au over 9.3m (capped), 3.56 g/t Au over 21.8m, and 2.32 g/t Au over 19.8m in Resource Expansion Drill Program at Wenot
Toronto, Ontario--(Newsfile Corp. - May 12, 2025) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: O...
About this update from Omai Gold Mines Corp.
[{"type":"text","content":"Omai Gold Drills 8.51 g/t Au over 9.3m (capped), 3.56 g/t Au over 21.8m, and 2.32 g/t Au over 19.8m in Resource Expansion Drill Program at WenotToronto, Ontario--(Newsfile Corp. - May 12, 2025) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) (\"Omai Gold\" or the \"Company\") is pleased to announce assay results from its ongoing 2025 drill program, focused on expanding the large Wenot deposit at the Company's 100%-owned Omai Gold Project in Guyana, South America. Assays are reported for three holes and one hole extension totaling 2,607m drilled. A total of 20 holes have been completed to date this year totalling 13,700m. The program is expected to surpass the planned 15,000m program as results continue to extend the known limits of the gold mineralization at Wenot. Results are pending for an additional 16 holes and drilling continues with three rigs (Figure 1). The Company has engaged an independent engineering firm to commence the updated NI 43-101 Mineral Resource Estimate which is expected to take 2-3 months to complete. Highlights include: Hole 25ODD-103 & 103W (Figure 2)3.56 g/t Au over 21.8m3.93 g/t Au over 7.0m5.66 g/t Au over 4.3mHole 25ODD-10228.04 g/t Au over 9.3m (8.51 g/t Au over 9.3m capped at 70 g/t Au)including 252.36 g/t Au over 1.0m8.98 g/t Au over 5.0m3.36 g/t Au over 12.5m4.55 g/t Au over 7.0mHole 25ODD-105 & 105W2.32 g/t Au over 19.8mHole 24ODD-085EXT2.02 g/t Au over 18.7mElaine Ellingham, President & CEO, commented: \"Today's results exemplify the continued resource expansion potential of our Wenot shear-hosted orogenic deposit. Wide intercepts of high-grade gold mineralization continue to extend the known limits of gold mineralization at Central, East, and West Wenot. Much of the gold mineralization identified by our 2025 drilling to date is outside of the 2024 Mineral Resource Estimate1 (\"MRE\") and well outside of the pit limits as defined within our 2024 Preliminary Economic Assessment1 (\"PEA\"). As such, management believes that these results will contribute to a significant expansion in the upcoming MRE update. Given the very positive results and rapid pace of drilling with three rigs, we anticipate surpassing the expanded 15,000m drill program. Although we have delayed this next (fourth) NI 43-101 MRE by a couple of months from our original plans, we believe that maximizing the Wenot ...