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Omai Gold Files NI 43-101 Technical Report Supporting an Updated Mineral Resource Estimate on Its Omai Gold Property in Guyana
Toronto, Ontario--(Newsfile Corp. - October 9, 2025) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: ...
About this update from Omai Gold Mines Corp.
[{"type":"text","content":"Omai Gold Files NI 43-101 Technical Report Supporting an Updated Mineral Resource Estimate on Its Omai Gold Property in GuyanaToronto, Ontario--(Newsfile Corp. - October 9, 2025) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) (\"Omai Gold\" or the \"Company\") announces that a National Instrument 43-101 Technical Report dated October 9, 2025 (the \"Report\") has been filed on the SEDAR+ website www.sedarplus.ca in support of the updated Mineral Resource Estimate (\"MRE\") announced August 25, 2025 on its 100%-owned Omai Gold Property in Guyana. The MRE includes an expansion to the Wenot Deposit and incorporates the previously disclosed Gilt Creek Deposit. Most significantly, for the Wenot Mineral Resource Estimate (\"MRE\"), the Inferred MRE increased 130% to 3,717,000 oz grading 1.82 g/t Au, contained in 63.4 million tonnes (\"Mt\"), and the Indicated MRE increased 16% to 970,000 oz grading 1.46 g/t Au, contained in 20.7 Mt. The Report was prepared under the supervision of Eugene Puritch, P.Eng., FEC, CET of P&E Mining Consultants Inc., who is independent of the Company and a Qualified Person in accordance with NI 43-101. The Omai Property hosts two orogenic gold deposits: the shear-hosted Wenot Deposit and the adjacent intrusive-hosted Gilt Creek Deposit. On August 25, 2025, the Company issued a news release announcing the update combined MRE (over the February 2024 MRE) with the following highlights: 2,121,000 ounces of gold (Indicated MRE), a 7% increase, averaging 2.07 g/t Au in 31.9Mt and4,382,000 ounces of gold (Inferred MRE), a 92% increase, averaging 1.95 g/t Au in 69.6Mt Wenot Deposit (a constrained pit and underground approach is applied) 970,000 oz of gold in 20.7Mt (Indicated), a 16% increase in ounces over the Feb 2024 MRE 3,717,000 oz of gold in 63.4Mt (Inferred), a 130% increase in ounces 1.46 g/t Au grade of Indicated MRE, a 1.4% decrease* 1.82 g/t Au grade of Inferred MRE, an 8.5% decrease**Increased gold price assumption to $2,500/oz from $1,850/oz allowed cutoff lower to 0.30 g/t Au from 0.35 g/t Au, resulting in lower average grades however increased ounces ~60% above 350m depth from surface ~30% of Wenot MRE is west of the historical open pit, an area considered to be well suited to initial mining Expansion potential is evident along a minimum 2.5 km length of the host Wenot shear corridor, includin...