Omai Gold Mines announces high-grade and broad zones of gold from the first two holes at the Wenot Pit, including 16.0 meters of 9.0 g/t gold and 32.1 meters of 3.6 g/t gold
Omai Gold Mines Corp. is pleased to announce that results from the first two holes of diamond core drilling at the Omai Project confirm that high-grade mineralization continues below the historically-producing Wenot Pit. The 5,000-meter drill program is focused on expanding the open-pit potential of the Wenot Pit that produced 1.8 million ounces of gold at 1.6 grams per tonne to a depth of 190 meters. Highlights of …
Omai Gold Mines Corp. (TSX VENTURE:OMG) (“Omai” or the “Company”) is pleased to announce that results from the first two holes of diamond core drilling at the Omai Project confirm that high-grade mineralization continues below the historically-producing Wenot Pit. The 5,000-meter drill program is focused on expanding the open-pit potential of the Wenot Pit that produced 1.8 million ounces
Omai Gold Mines reports assays of 9.1 g/t gold over 14 meters and extends Wenot mineralization over 150 meters below historical pit
Omai Gold Mines Corp. is pleased to announce the results from a program of logging and sampling of 6,000 meters of unassayed core from a 2012 drilling program that had been preserved by the Guyana Geology & Mines Commission . As announced on December 15, 2020, assays from the first two of these holes, 12WED11 and 12WED13, indicate that high-grade mineralization extends below the Wenot Pit with additional expansion …
Omai Gold Mines Corp. (TSX VENTURE:OMG) (“Omai” or the “Company”) is pleased to announce the results from a program of logging and sampling of 6,000 meters of unassayed core from a 2012 drilling program that had been preserved by the Guyana Geology & Mines Commission (GGMC). As announced on December 15, 2020, assays from the first two of these holes, 12WED11 and 12WED13, indicate that high-grade mineralization extends below the We
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Overview
Base and precious metals mining make up a significant portion of Guyana’s economy. The country’s mineral heritage not only includes high-quality copper, iron and nickel occurrences but well-known deposits of gold, bauxite and diamonds. Leveraging Guyana’s pro-mining government and the country’s stable Mining Act, resource companies operating in the country could offer investors significant returns.
In 2019, the country declared the production of 634,905 ounces of gold, up slightly from its 2018 output. For junior mining companies operating out of this prospective jurisdiction, potential discoveries offer an exciting opportunity for economic success.