Omai Gold Mines Corp. · TSXV:OMG
Omai Gold Mines — Investor Presentation (December 2020)
28 slides from Omai Gold Mines's investor presentation, December 2020
Slide 1: Rebuilding the Success of One of South America's Largest Gold Mines
REBUILDING THE SUCCESS OF ONE OF SOUTH AMERICA'S LARGEST GOLD MINES DECEMBER 2020 | INVESTOR PRESENTATION
Slide 2: Forward-looking Statement
Forward-looking Statement This presentation contains “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the future price of gold, copper and other minerals and metals, t
Slide 3: OMG A Unique Investment Opportunity
OMG A Unique Investment Opportunity 100% Interest Government of Guyana has directly granted the Company a 100% interest in Omai. Proven Deposit with Production During Located in Highly Prospective Low Gold Price Environment Guiana Shield High grade open-pit Omai Gold Mine produced 3.8 First large go
Slide 4: Omai is part of the gold-rich shield of West Africa
Omai is part of the gold-rich shield of West Africa O M AI Source: West Africa Resources, 2015 TSX.V: OMG 4
Slide 5: Omai Gold Mine, circa 2000
Omai Gold Mine, circa 2000 The historical high-grade open pit TSX.V: OMG 5
Slide 6: OMG is Under-Drilled
OMG is Under-Drilled More drilling = more ounces 900,000 763,811 $349/oz $1,695/oz 800,000 700,000 Average gold price 2020 average when Omai was in to date 600,000 production 491,479 Metres Drilled 500,000 411,088 400,000 300,000 180,207 200,000 87,845 100,000 0 Omai Mine Toroparu Project Aurora Min
Slide 7: Limited drilling along OMG's mineralized trend
Limited drilling along OMG’s mineralized trend TSX.V: OMG 7
Slide 8: High priority geophysical targets identified at Omai
High priority geophysical targets identified at Omai Fennell-type targets Wenot-type targets TSX.V: OMG 8
Slide 9: High priority geophysical targets identified at Omai
High priority geophysical targets identified at Omai Magnetic inversion showing signature of Fennell and Wenot pits and other potential targets Fennell-type targets Wenot-type targets TSX.V: OMG 9
Slide 10: OMG Wenot & Fennell are open to depth
OMG Wenot & Fennell are open to depth TSXV: OMG 10 • Gold mineralization in Wenot and Fennell pits have OPEN similar mineral association (W, Te, Bi) potentially linked to a shared intrusive source. • Wenot mineralization is a complex shear with various dikes and intrusives. OMG expects to find more
Slide 11: High-grade gold associated with low angle veins within a diorite intrusion host rock
High-grade gold associated with low angle veins within a diorite intrusion host rock Fennell Pit cross section TSX.V: OMG 11
Slide 12: High-grade gold extends below Fennell Pit & Omai Sill
High-grade gold extends below Fennell Pit & Omai Sill • Longest hole (978 metres) – still in mineralization. • IAMGOLD uncapped uncompliant resource of 2.5 million ounces.* Examples of intervals found below the Fennell Pit: • 41 intervals at over 1 oz/t (1m). • 3 intervals 1,130 to 3,350 g/t. • Long
Slide 13: Another view of Fennell Deep
Another view of Fennell Deep 13
Slide 14: Directly east of Fennell, Broccoli Hill is a near-surface exploration target
Directly east of Fennell, Broccoli Hill is a near-surface exploration target TSX.V: OMG 14
Slide 15: Wenot mineralization within steep shear zone
Wenot mineralization within steep shear zone MILL SITE PALEO CHANNEL WENOT SHEAR Mineralized Mineralized sedimentary andesites rocks with felsic dikes Photo looking west. High-grade complex shear with felsic dikes was mined. Mineralization continued under the mill site and recent drilling indicates
Slide 16: Wenot high-grade intercepts along strike indicate expansion potential
Wenot high-grade intercepts along strike indicate expansion potential • Mineralization south of the zone, potentially adding 100m in width. • OMG mineralization is open in both directions along strike, and to depth. 16
Slide 17: Mineralized Wenot structures continue to depth below pit
Mineralized Wenot structures continue to depth below pit Wenot Pit looking from underneath TSX.V: OMG 17
Slide 18: OMG Wenot structures indicate significant depth potential
OMG Wenot structures indicate significant depth potential TSX.V: OMG 18
Slide 19: Unmined intersections for Fennell Deep and Wenot
Unmined intersections for Fennell Deep and Wenot Hole Number From To Interval Length (m) Grade Au g/t Fennell Deep unmined intersections OMU-02 172 243 41 4.51 OMU-04 363 412 49 25.69 OMU-04 323 344 21 9.87 incl 323 332 9 20.22 OMU-07 507 510 3 23.51 OMU-08 268 301 33 3.59 OMU-11 252 281 29 3.88 OMU
Slide 20: Over 6,000 metres of recovered core to be assayed
Over 6,000 metres of recovered core to be assayed • 6,000 metres of core recovered from a government facility. • Core shipped to Omai core facility to be logged and assayed. • Priority to assay core on the Wenot extension and below the Wenot pit. TSX.V: OMG 20
Slide 21: Initial assay results from holes 12WED11 and 12WED13 announced in December 2020
Initial assay results from holes 12WED11 and 12WED13 announced in December 2020 TSX.V: OMG 21
Slide 22: Holes 12WED11 and 12WED13 assay results
Holes 12WED11 and 12WED13 assay results • Hole 12WED11 intersected intervals such as 20.6 meters of 3.55 grams per tonne (g/t) gold (Au) from 460 to 480.6 meters, including 4.5 meters of 8.02 g/t Au, and 10.5 meters of 3.93 g/t Au from 400.5 to 411 meters. • Visible gold was encountered in hole 12WE
Slide 23: Results in hole 12WED11 extend gold mineralization below the Wenot Pit
The results in hole 12WED11 extend gold mineralization at least 150 meters below the bottom of the Wenot Pit Mineralization remains robust at this depth with no indication of decreasing. TSX.V: OMG 23
Slide 24: Omai Gold Mines: Key catalysts
Omai Gold Mines: Key catalysts Geophysics Commence NI 43-101 and data trading on resource compilation TSX-V update Q2 2020 Q3 2020 Q4 2020 Q1 2021 H1 2021 Commence drill program RTO listing in January New logging and receive and assays assays in from approx. 2 recovered months core TSX.V: OMG 24
Slide 25: Board of Directors
Board of Directors RENAUD ADAMS ▪ New Gold Inc. • 25 years of experience in the mining industry. P.Eng ▪ Primero Mining • President, Chief Executive Officer and Director of New Gold Inc. • Former President and CEO of Richmont Mines Inc.; former COO at Primero Mining ▪ IAMGOLD Non-Executive Chairman
Slide 26: Management & Technical Team
Management & Technical Team DENNIS LAPOINT ▪ IAMGOLD • Former exploration manager for Suriname, South America at Cambior and later ▪ Cambior IAMGOLD. Initiated, managed and discovered the Merian Gold Mine for Alcoa in PhD Suriname. ▪ Alcoa • Over 40 years’ experience in project generation, explorati
Slide 27: Omai Gold Mines Capital Structure
Omai Gold Mines Capital Structure Ticker symbol TSXV: OMG Shares issued 197,709,193 Warrants 34,584,899 (expiring June 3, 2022) Broker Warrants 2,342,886 (expiring June 4, 2022) Options 8,741,676 Fully Diluted 243,378,654 Silvercorp Metals (TSX & NYSEAMERICAN: SVM) – 15.1% Strategic Sandstorm Gold R
Slide 28: Contact
Contact Mario Stifano President & CEO info@omaigoldmines.com OMAIGOLDMINES.COM
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