Business
Omai Gold Mines Commences Exploration on East Wenot Extension and Broccoli Hill Target
TORONTO, Oct. 29, 2021 (GLOBE NEWSWIRE) -- Omai Gold Mines Corp. (TSXV: OMG) ("Omai" or the "Company") is pleased to report that exploration has commenced on th
About this update from Omai Gold Mines Corp.
[{"type":"text","content":" TORONTO, Oct. 29, 2021 (GLOBE NEWSWIRE) -- Omai Gold Mines Corp. (TSXV: OMG) (\"Omai\" or the \"Company\") is pleased to report that exploration has commenced on the East Wenot Extension and on the Broccoli Hill target, at the Omai property in Guyana. The current drilling program that focused on the Wenot deposit beneath the past producing pit, was completed yesterday. The program consisted of 16 holes totalling 9,367 metres, with final assay results pending. P&E Mining Consultants are engaged as the independent Qualified Person and have commenced the Wenot resource study. This allows the technical team to initiate a broader exploration program on the Omai property to include drilling the extension of the Wenot deposit to the east, plus the Broccoli Hill target, both located near the past-producing pits. East Wenot Extension The Wenot Shear Corridor is part of a wide east-west trending gold-mineralized geological structure with 3 kilometres of drill-indicated strike length across the property. The Wenot pit, covering roughly 1.7 km of the strike length of this structure, produced 1.4 million ounces of gold1 to a depth of 190 metres. Like the classic regional shear structures that host many of central Canada’s significant gold mines, several episodes of crustal deformation were focused along this shear structure creating permeable fracturing to significant depths, that allowed hydrothermal fluids to invade and deposit gold within the open fractures and breaks. Drilling is scheduled to start in mid-November, to explore the eastern extension of the Wenot shear. Work will commence from the eastern end of the pit (~306000E) and continue along an initial 800 metres, following the trend of the shear. This area has seen no commercial mining, however abundant pitting in the surficial alluvial material attests to gold that has attracted small scale miners. Significant gold mineralization has been identified in this area by several shallow holes drilled along this trend from 1993-95 but testing to depths of only 50 to 75 metres into fresh rock. 1 Past production at Omai is summarized in several Cambior Inc. documents available on Sedar.com, including March 31, 2006 AIF and news release August 3, 2006. Gold was intersected on ten 50-metre spaced section lines, with the best intersections (west to east) including 21m @ 1.3 g...