Omai Gold Mines Corp. · TSXV:OMG
Omai Gold Mines — Investor Presentation (July 2021)
26 slides from Omai Gold Mines's investor presentation, July 2021
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 JULY 2021 | 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 4
Slide 5: Omai Gold Mine, circa 2000
Omai Gold Mine, circa 2000 Fennell Pit Wenot Pit TSX.V: OMG 5
Slide 6: OMG is Under-Drilled
OMG is Under-Drilled More drilling = more ounces 900,000 800,000 763,811 $349/oz $1,805/oz 700,000 Average gold price 2021 average 600,000 when Omai was in to date production 491,479 Meters 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: 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 10: 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 (Wenot Shear) with felsic dikes was mined. Mineralization continued under the mill site and recent drill
Slide 11: 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. 11
Slide 12: 2021 drill holes focused on developing resource below Wenot Pit
2021 drill holes focused on developing resource below Wenot Pit 2021 holes Historical holes Historical holes FENNELL PIT BROCCOLI HILL WENOT PIT 12
Slide 13: 2021 drill holes in relation to geophysical targets
2021 drill holes in relation to geophysical targets 2021 holes Historical holes Historical holes FENNELL PIT BROCCOLI HILL WENOT PIT 13
Slide 14: 2021 drill holes in relation to geophysical targets
2021 drill holes in relation to geophysical targets 2021 holes Historical holes Historical holes FENNELL PIT BROCCOLI HILL WENOT PIT 14
Slide 15: Hole 12WED11 extends gold mineralization at least 150 meters below 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 15
Slide 16: February 2021 assay results confirm extension below Wenot Pit
February 2021 assay results confirm extension of mineralization over 150 meters below Wenot Pit, including 14 meters of 9.1 g/t gold TSX.V: OMG 16
Slide 17: 5,000-meter drill program commenced in February
5,000-meter drill program commenced in February, focused on expanding the open-pit potential of the historical past-producing Wenot Pit 17
Slide 18: April drill results confirm high-grade mineralization at Wenot Pit
In April, Omai announced drill results of first two holes that confirm high-grade mineralization at Wenot Pit is open to depth and on strike • 21ODD-001 intersected multiple high-grade and thick intervals including 19.5 meters of 2.2 g/t gold, 13.5 meters of 3.6 g/t gold, and 16 meters of 9 g/t gold
Slide 19: High-grade gold extends below Fennell Pit & Omai Sill
High-grade gold extends below Fennell Pit & Omai Sill • Longest hole (978 meters) – ended 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 20: Another view of Fennell Deep
Another view of Fennell Deep BROCCOLI HILL 20
Slide 21: 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 21
Slide 22: Omai Gold Mines: Key catalysts
Omai Gold Mines: Key catalysts Geophysics Commenced NI 43-101 and data trading on resource compilation TSX-V update Q2 2020 Q3 2020 Q4 2020 Q1 2021 2021 Commenced RTO listing 5,000-meter drill program in New logging February and assays from recovered core TSX.V: OMG 22
Slide 23: Board of Directors
Board of Directors RENAUD ADAMS ▪ New Gold Inc. 25 years of experience in the mining industry. President, CEO and Director of New Gold P.Eng ▪ Primero Mining Inc. Former President and CEO of Richmont Mines Inc.; former COO at Primero Mining Corporation; former General Manager of the Rosebel mine in
Slide 24: Management & Technical Team
Management & Technical Team JASON BREWSTER ▪ Anconia Resources • President and CEO of Anconia Resources Corp., as well as serving as Partner of ▪ Billiken Management Billiken Management Services, an exploration management consulting company. BA, MSc • Holds a M.Sc. in mining engineering from the Cam
Slide 25: Omai Gold Mines Capital Structure
Omai Gold Mines Capital Structure Ticker symbol TSXV: OMG Shares issued 197,708,701 Warrants 36,927,765 (expiring June 3, 2022) Options 15,866,676 Fully Diluted 250,503,142 Silvercorp Metals (TSX & NYSEAMERICAN: SVM) – 15.1% Strategic Sandstorm Gold Royalties (TSX: SSL; NYSE: SAND) – 9.9% Shareholde
Slide 26: Contact
Contact Elaine Ellingham Director & Interim CEO info@omaigoldmines.com OMAIGOLDMINES.COM