Omai Gold Mines Corp.

Omai Gold Mines Corp. is aggressively exploring the past-producing Omai gold project in Guyana, which produced 3.7 million ounces of gold from 1993-2005. The Company has substantially grown the gold endowment through three resource estimates in three years, culminating in 2.0 Moz Indicated + 2.3 Moz Inferred in the February 2024 estimate. 2025 plans include additional aggressive exploration drilling, an updated resource estimate, and an updated PEA.

Recent News

Omai Gold Appoints Drew Anwyll as a New Director and Grants Incentive Stock Options

Toronto, Ontario--(Newsfile Corp. - October 17, 2024) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai Gold" or the "Company") is pleased to announce the appointment of Mr. Drew Anwyll P.Eng. as an independent Director of the Company. Further, the Company announces the granting of incentive stock options to the new Director. Mr. Anwyll is a mining engineer with over 25 years of international experience in operations start-up, construction, and project management of both open pit and...

2024-10-17 12:17 PM EDT

Omai Gold Drills 3.13 g/t Au over 43.0m, 2.20 g/t Au over 43.7m and 2.89 g/t over 22.0m at Wenot

Toronto, Ontario--(Newsfile Corp. - September 6, 2024) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai" or the "Company") announces drill results from the Company's Omai gold project in Guyana. To date in 2024, ten diamond drill holes have been completed totalling 3,732 metres ("m") and drilling continues. A second drill commenced in late August. Assays have been received for seven holes and additional assays are pending. Highlights include: Hole 24ODD0782.20 g/t Au over 43.7 m 3.13...

2024-09-06 9:13 AM EDT

Omai Gold Mines Appoints Joshua Bailey as Strategic and Technical Advisor & Presents at Beaver Creek Precious Metals Summit

Toronto, Ontario--(Newsfile Corp. - September 4, 2024) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai" or the "Company") is pleased to announce the appointment of Joshua Bailey, P.Geo as Technical and Strategic Advisor to the Company, effective immediately. Mr. Bailey brings over 20 years professional experience in mineral exploration having played key executive leadership roles in corporate strategy and governance, technical and operational execution, transactions and...

2024-09-04 8:04 AM EDT

Omai Gold Mines Provides Exploration Update on Omai Project in Guyana

Toronto, Ontario--(Newsfile Corp. - July 31, 2024) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai" or the "Company") is pleased to announce that the drilling has commenced at its 100%-owned Omai gold property in Guyana. With the Preliminary Economic Assessment announced April 4th, followed by a $13 million brokered private placement that closed June 20th, the Company is well positioned to further advance the project. Elaine Ellingham, CEO commented: "With the completion of our...

2024-07-31 9:00 AM EDT

Omai Gold Mines Corp. Announces Closing of $13 Million Brokered Private Placement

Toronto, Ontario--(Newsfile Corp. - June 20, 2024) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai" or the "Company") is pleased to announce that it has completed its previously announced brokered private placement offering (the "Offering") of 108,333,333 common shares (each, a "Share") of the Company at a price of $0.12 per Share (the "Issue Price") for gross proceeds of approximately $13,000,000. The Offering was conducted by Paradigm Capital Inc., acting as lead agent and sole...

2024-06-20 9:43 AM EDT

Omai Gold Mines Corp. Announces Upsize of Previously Announced Private Placement to $13 Million

Toronto, Ontario--(Newsfile Corp. - June 4, 2024) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai" or the "Company") is pleased to announce that, due to investor demand, the Company and Paradigm Capital Inc. (the "Agent") have agreed to increase the size of the Company's previously-announced best efforts private placement offering (the "Offering"). The amended Offering is now for 108,333,333 common shares of the Company (the "Shares") at a price of $0.12 per Share (the "Issue...

2024-06-04 8:57 AM EDT

Omai Gold Mines Corp. Announces $10 Million Brokered Private Placement

Toronto, Ontario--(Newsfile Corp. - May 30, 2024) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai" or the "Company") has entered into an agreement with Paradigm Capital Inc. (the "Agent") to act as lead agent and sole bookrunner, on behalf of a syndicate of agents to be formed, in connection with a "best efforts" private placement offering (the "Offering") of 83,334,000 common shares (each, a "Share") of the Company to be issued at $0.12 per Share (the "Issue Price") for gross...

2024-05-30 3:00 PM EDT

RETRANSMISSION: Omai Gold Files NI 43-101 Technical Report Supporting a Preliminary Economic Assessment Indicating After-Tax NPV5% of $556 Million at a $1,950/oz Gold Price for Wenot Open Pit Project

Toronto, Ontario--(Newsfile Corp. - May 22, 2024) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai Gold" or the "Company") is pleased to announce that a National Instrument 43-101 Technical Report dated May 21, 2024 (the "Report") has been filed on the SEDAR+ website www.sedarplus.ca in support of the Preliminary Economic Assessment ("PEA") announced April 4, 2024 for the Wenot Deposit on its Omai Gold Project in Guyana. The Report was prepared under the supervision of Eugene...

2024-05-22 7:00 AM EDT

Omai Gold Files NI 43-101 Technical Report Supporting a Preliminary Economic Assessment Indicating After-Tax NPV5% of $556 Million at a $1,950/oz Gold Price for Wenot Open Pit Project

Toronto, Ontario--(Newsfile Corp. - May 21, 2024) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai Gold" or the "Company") is pleased to announce that a National Instrument 43-101 Technical Report dated May 21, 2024 (the "Report") has been filed on the SEDAR+ website www.sedarplus.ca in support of the Preliminary Economic Assessment ("PEA") announced April 4, 2024 for the Wenot Deposit on its Omai Gold Project in Guyana. The Report was prepared under the supervision of Eugene...

2024-05-21 5:20 PM EDT

Omai Gold Participates at 121 Mining Investment Conference in London and Grants Incentive Stock Options

Toronto, Ontario--(Newsfile Corp. - May 13, 2024) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai" or the "Company") announces its participation at the 121 Mining Investment Summit on May 15th and 16th in London. The 121 Mining Investment Summit attracts more than 400 investors, providing the Company with targeted one-on-one meetings with potential new investors https://www.weare121.com/121mininginvestment-london/. Further, the Company announces the granting of incentive stock...

2024-05-13 9:39 AM EDT

Omai Gold Appoints Guyana Country Manager and Announces Approval of a New 3-Year Permit for Omai

Toronto, Ontario--(Newsfile Corp. - May 7, 2024) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai Gold" or the "Company") is pleased to announce the appointment of Marcel Cameron P.Eng. as Country Manager, Guyana. Mr. Cameron is a Mining Engineer with 25 years experience in mine planning, engineering and project management for large-scale open pit and underground operations in North and South America, Africa, Southeast Asia, and Guyana. He will be responsible for managing and...

2024-05-07 8:35 AM EDT

Omai Gold Delivers PEA with After-Tax NPV5% of $556 Million and 19.8% IRR at a $1,950/oz Gold Price for Wenot Open Pit Project in Guyana

Toronto, Ontario--(Newsfile Corp. - April 4, 2024) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai Gold" or the "Company") is pleased to announce positive results from its first Preliminary Economic Assessment ("PEA") for the Wenot Project, one of the two gold deposits located on its 100%-owned Omai Property, in Guyana. The PEA supports an initial open pit mining scenario for production averaging 142,000 ounces of gold per year over a 13-year mine life, with peak year production of...

2024-04-04 10:26 AM EDT

Omai Gold Increases Indicated Mineral Resources to 2.0 Million Oz Au and Inferred Mineral Resources to 2.3 Million Oz Au with Expansion of Wenot Deposit

Toronto, Ontario--(Newsfile Corp. - February 8, 2024) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai Gold" or the "Company") is pleased to report an updated Mineral Resource Estimate on its 100%-owned Omai Gold Property in Guyana. It includes an expansion to the Wenot Deposit and incorporates the previously disclosed Gilt Creek Deposit. Most significantly, the Wenot Mineral Resource Estimate ("MRE") increased the Indicated MRE to 834,000 oz (10% increase) @ 1.48 g/t Au and the...

2024-02-08 7:15 AM EST

Omai Gold Retains Velocity Trade Capital Ltd. for Market Stabilization and Liquidity Services

Toronto, Ontario--(Newsfile Corp. - February 8, 2024) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai Gold" or the "Company") announces that it has engaged Velocity Trade Capital Ltd. ("Velocity Trade") to provide market stabilization and liquidity services to the Company, in accordance with applicable securities laws and the policies of the TSX Venture Exchange ("Exchange"), and pursuant to the terms of a liquidity program services agreement (the "Services Agreement"). Pursuant to...

2024-02-08 6:45 AM EST

Omai Gold Mines Closes Non-Brokered Private Placement for Gross Proceeds of $2.1 Million

Toronto, Ontario--(Newsfile Corp. - February 2, 2024) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai Gold" or the "Company") is pleased to announce that the Company has closed its previously announced non-brokered private placement (the "Offering") and issued 29,467,399 units (the "Units") at a price of $0.07 per Unit for gross proceeds of C$2,062,718. Each Unit consists of one common share of the Company (a "Common Share") and one-half of a Common Share purchase warrant. Two such...

2024-02-02 8:17 AM EST

Omai Gold Mines Announces Private Placement Offering

Toronto, Ontario--(Newsfile Corp. - January 10, 2024) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) (the "Company") is pleased to announce a non-brokered private placement offering (the "Offering") of up to 43,000,000 units (each a "Unit") at a price of $0.07 per Unit for gross proceeds of up to $3,000,000, subject to acceptance of the TSX Venture Exchange (the "Exchange"). Each Unit will consist of one common share of the Company (a "Common Share") and one-half of a common share...

2024-01-10 8:17 AM EST

Omai Gold Announces New Director Derek Macpherson and AGM Results

Toronto, Ontario--(Newsfile Corp. - December 11, 2023) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai" or the "Company") is pleased to announce the election of Mr. Derek Macpherson to the Board of Directors. The Company is also announcing the results from the Annual General and Special Meeting (AGSM) and the granting of incentive stock options to a director of the Company. Mr. Macpherson has over ten years of capital markets experience in mining, identifying investment...

2023-12-11 6:59 AM EST

Omai Gold Announces 7.69 g/t Au over 9.5m and 3.4 g/t over 15.0m from Exploration Target and Commences Updated Mineral Resource Estimate for Wenot

Toronto, Ontario--(Newsfile Corp. - December 5, 2023) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai" or the "Company") announces completion of its 2023 Omai drill program, having released a series of strong drilling results from the Wenot gold deposit and extension, located on the Omai property in Guyana. These results will contribute to an updated Mineral Resource Estimate that is currently underway. As part of the recently completed diamond drilling program, two additional holes...

2023-12-05 8:01 AM EST

Omai Gold Drills 5.89 g/t Au over 12.0m and 8.7 g/t Au over 4.6m at the West Wenot Target

Toronto, Ontario--(Newsfile Corp. - November 13, 2023) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai" or the "Company") announces further strong drill results from the Company's Omai gold project in Guyana. These new assays for diamond drill holes 23ODD-066, -067 and -068, combined with the recent drill results further extend the multiple gold-zones of the Wenot deposit, and are expected to positively impact the upcoming Mineral Resource update. Highlights from these recent drill...

2023-11-13 8:14 AM EST

Omai Gold Drills 2.26 g/t Au over 70.0m, Including 4.6 g/t Au over 19.2m at Wenot West Extension

Toronto, Ontario--(Newsfile Corp. - October 23, 2023) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai" or the "Company") announces further excellent drill results from the Company's Omai gold project in Guyana. Assays have been received for diamond drill hole 23ODD-071 in the West Wenot target. It encountered multiple gold zones associated with the main gold-bearing Wenot shear complex, including a 70.0 metre ("m") wide intercept with gold grades well above the current Wenot...

2023-10-23 7:44 AM EDT

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