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Omai Gold Mines Commences 2023 Drilling Program at the Omai Property in Guyana
Toronto, Ontario--(Newsfile Corp. - February 10, 2023) - Omai Gold Mines Corp. (TSXV: OMG) ...
About this update from Omai Gold Mines Corp.
[{"type":"text","content":"Omai Gold Mines Commences 2023 Drilling Program at the Omai Property in GuyanaToronto, Ontario--(Newsfile Corp. - February 10, 2023) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) (\"Omai Gold\" or the \"Company\") is pleased to announce that it has commenced the 2023 drill program at its 100%-owned Omai Gold Property in Guyana. A 5,000-metre drill program will focus on targets along the 7-kilometre extension of the prolific Wenot Shear Corridor and those delineated by geophysics, geochemistry and historic workings. Additional drilling is designed to optimize further expansion of the Wenot deposit, along strike and at depth. The 2023 exploration program is guided by the results of the 2022 mapping, geochemical survey and trenching programs, combined with new results from the application of magnetic vector inversions of the airborne geophysics survey data. Elaine Ellingham, CEO of Omai Gold, commented: \"2022 was a transformational year for Omai Gold. After drilling an additional 5,900m, we announced an updated NI43-101 resource in October that more than doubled our initial resource announced less than a year earlier. With a base of 1.9 million ounces (Indicated Mineral Resources) and a further 1.8 million ounces (Inferred Mineral Resources) we are starting the 2023 program by stepping out to test select exploration targets. The Omai property represents a major gold camp, with past production of 3.8 million ounces plus substantial new gold resources and the potential for additional new deposits along a target structural zone that extends for 7 kilometres across the property.\"Figure 1. New Wenot and Gilt Creek Deposits - Mineral Resource Update announced Oct 2022To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8712/154366_17cdf3f4b404e950_001full.jpgExploration at the Omai project in 2022 included trenching, mapping, and geochemical programs which were integrated with the historic data to refine and prioritize the 2023 exploration targets. Many gold deposits have very subtle or, in many instances, no geophysical signatures, adding to the challenge of gold exploration. Exploration at the Omai project benefits from prominent and distinctive geophysical signatures over the main deposits. Most of the Wenot shear-hosted gold deposit has a magnetite alteration overprint that appea...