Omai Gold Mines (TSXV: OMG)
Announced assay results from eight additional drill holes from the recent drill program at its 100% owned Omai Gold Project in Guyana, South America.
Five of the eight holes were collared in West Wenot, two in Central Wenot and one at the east end of the Wenot deposit. All holes intersected multiple zones of gold mineralization.
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Omai Gold core logging huts – Courtesy of Omai Gold Mines
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| Omai Gold Mines | TSX.V : OMG | |
| Stage | Development | |
| Metals | Gold | |
| Market cap | C$1 B @ C$1.68 | |
| Location | Guyana | |
| Website | www.omaigoldmines.com |
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Omai Gold Intersects 7.74 g/t Au over 13.5m and 6.30 g/t Au over 9.8m at Wenot
and Commences Drilling ExplorationTarget
Toronto, Ontario – (March 26, 2026) – Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) (“Omai Gold” or the “Company”) is pleased to announce assay results from eight additional drill holes from the recent drill program at its 100% owned Omai Gold Project in Guyana, South America.
Five of the eight holes were collared in West Wenot, two in Central Wenot and one at the east end of the Wenot deposit. All holes intersected multiple zones of gold mineralization.
The objective of these holes was to fill gaps within the broader Wenot deposit, to convert some mineralized areas to the higher “indicated” confidence level and to provide further testing of the limits of the Wenot gold system.
The holes at West Wenot showed continued significant gold mineralization within the southern sediments.
Five diamond drill rigs are now drilling on the Wenot deposit, all working on a series of holes at the northeast portion of Wenot. These are focused on the prolific Dike Corridor at depths between -150 to -400m (the DC holes), in areas not previously tested. As these holes are collared further to the north, they will also explore potential northern splays.
Early next week, one drill rig will be deployed to test an intriguing geophysical anomaly known as “the Handle” that corresponds to a magnetic high trending northeast off of the Wenot deposit.
An additional drill rig will also commence an additional two holes stepping out on the East Wenot target area.
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Highlights* from the recent drilling include:
• Hole 25ODD-158
o 7.74 g/t Au over 13.5m
o Including 28.03 g/t Au over 3.1m
o 1.45 g/t Au over 44.4m
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Elaine Ellingham, President and CEO commented:
“As these drill results continue to add to the confidence in Omai as a Tier 1 gold asset, we are advancing many aspects of work towards the next stages for the project.
“The Company is expecting the completion of its updated Mineral Resource Estimate (MRE) within the next couple of weeks and the Preliminary Economic Assessment (PEA) is expected a couple months following completion of the MRE.
“We have already set our sights on the work that will advance us towards a Pre-Feasibility or Feasibility Study. Metallurgical work, tailings studies and the important permitting initiatives are front and centre.
“At the same time, we will continue our very aggressive drill program with a focus on upgrading the large Wenot resource, extending the limits and testing certain priority exploration targets.”
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To read the full news release, please click HERE
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Disclosure
At the time of writing the author holds shares in Omai Gold Mines.
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