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Omai Gold Increases Indicated Mineral Resources to 2.5 Moz Au at 2.04 g/t Au (38.1 Mt) and Inferred to 5.5 Moz Au at 1.59 g/t Au (106.6 Mt) with Expansion of Wenot and Gilt Deposits
Toronto, Ontario--(Newsfile Corp. - April 14, 2026) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB:...
About this update from Omai Gold Mines Corp.
[{"type":"text","content":"Omai Gold Increases Indicated Mineral Resources to 2.5 Moz Au at 2.04 g/t Au (38.1 Mt) and Inferred to 5.5 Moz Au at 1.59 g/t Au (106.6 Mt) with Expansion of Wenot and Gilt DepositsToronto, Ontario--(Newsfile Corp. - April 14, 2026) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) (\"Omai Gold\" or the \"Company\") is pleased to announce an updated Mineral Resource Estimate (\"MRE\") on its 100%-owned Omai Gold Property in Guyana. The MRE includes expansions to both the Wenot Deposit and Gilt Deposit. Most significantly, the Wenot Indicated MRE increased 49.8% to 1,453,000 ounces (\"oz\") of gold with an average grade of 1.59 g/t Au, contained in 28.4 million tonnes (\"Mt\") and the Wenot Inferred MRE increased 7.6% to 3,999,000 oz grading 1.35 g/t Au, contained in 92.4 Mt. Similarly, the adjacent Gilt Deposit saw an overall increase in ounces over the previous MRE. Gilt's Inferred MRE increased 120% to 1,465,000 oz averaging 3.22 g/t Au (in 14.2 Mt), while the Indicated MRE decreased by 9.5% to 1,042,000 oz averaging 3.33 g/t Au (in 9.7 Mt). HIGHLIGHTS: The Omai Gold Property hosts two orogenic gold deposits: the shear-hosted Wenot Deposit and the adjacent, intrusion-hosted Gilt Deposit (Figure 1), with a combined updated MRE (over the August 2025 MRE) of: 2,495,000 ounces of gold (Indicated MRE), a 17.6% increase, averaging 2.04 g/t Au in 38.1Mt and5,465,000 ounces of gold (Inferred MRE), a 24.7% increase, averaging 1.59 g/t Au in 106.6 MtWenot Deposit (a constrained pit approach with minor underground is applied)1,453,000 oz of gold in 28.4 Mt (Indicated), a 49.8% increase in ounces (+483,000 oz) over the August 2025 MRE13,999,000 oz of gold in 92.4 Mt (Inferred), a 7.6% increase in ounces (+282,000 oz) 1.59 g/t Au grade of Indicated MRE, an 8.9% increase (from 1.46 g/t Au) 1.35 g/t Au grade of Inferred MRE, a 25.8% decrease (from 1.82 g/t Au)Increased gold price assumption to $3,000/oz from $2,500/oz at the same cut-off of 0.30 g/t Au Gilt Deposit (an underground mining approach is applied)1,042,000 oz of gold (Indicated) averaging 3.33 g/t Au, in 9.7 Mt, a 9.5% decrease in ounces (-109,000) over the August 2025 MRE 1,465,000 oz of gold (Inferred) averaging 3.22 g/t Au, in 14.2 Mt, a 120.3% increase in ounces (+800,000 oz) 3.33 g/t Au grade of Indicated MRE, a 3.4% increase (from 3.22 g/t Au) 3.22 g/t Au grade of Inferred ...