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
Omai Gold Drills 4.54 g/t Au over 27.5 m, 1.83 g/t over 25.5 m and 2.37 g/t over 12.5 m in Hole 23ODD-065 at Wenot
Toronto, Ontario--(Newsfile Corp. - August 22, 2023) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai" or the "Company") announces additional excellent drill results from the Company's Omai gold project in Guyana. Assays have been received for an additional hole drilled in the Wenot target. To date in 2023, fourteen holes have been completed totalling 5,235 metres ("m") and drilling continues. Hole 23ODD-065 encountered very wide zones of gold mineralization starting at a vertical...
2023-08-22 7:25 AM EDT
Omai Gold Drills 5.18 g/t Au over 20.2 m (including 12.7 g/t Au over 7.9 m) and 5.86 g/t over 13.0 m at Wenot
Toronto, Ontario--(Newsfile Corp. - July 17, 2023) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai" or the "Company") announces additional drill results from the Company's Omai gold project in Guyana. Assays have been received for five additional holes, including four exploration holes and one hole at Wenot exploring the down dip extension of the central part of the known deposit as well as additional shallower, northern flanking gold zones. To date in 2023, eleven holes have been...
2023-07-17 7:52 AM EDT
Omai Gold Drills 4.07 g/t Au over 31.1m, 3.38 g/t over 9.6m and 14.21 g/t over 1.8m at Wenot
Toronto, Ontario--(Newsfile Corp. - June 22, 2023) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai" or the "Company") announces additional outstanding drill results from the Company's Omai gold project in Guyana. Diamond drilling has focused on exploration targets and on demonstrating the significant expansion potential for the Wenot resource. A total of 3,569 metres ("m") have been completed in 11 holes in 2023. Results are reported for hole 23ODD-063, where visible gold was...
2023-06-22 7:45 AM EDT
Omai Gold Provides Project and Corporate Update
Toronto, Ontario--(Newsfile Corp. - April 28, 2023) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai" or "the Company") is pleased to provide a project update on its Omai gold project in Guyana. Six holes have been completed on exploration targets to date in 2023, totalling 1,364 metres. A work break in March was extended pending the delivery of a new diamond drill that will improve drilling capabilities and productivity. The new drill arrived in mid-April and drilling has...
2023-04-28 7:54 AM EDT
Omai Gold Announces Changes to the Board of Directors
Toronto, Ontario--(Newsfile Corp. - April 4, 2023) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai Gold" or the "Company") announces the following changes to the Board of Directors: Renaud Adams is stepping down from his position as Chairman and director as a result of his increased responsibilities associated with his recent appointment as CEO of Iamgold Corp. Mr. Adams has offered to join Omai's Advisory Board; Don Dudek, a director of Omai Gold since June 2022, has been appointed...
2023-04-04 7:16 AM EDT
Omai Gold to Present at Upcoming Prospectors and Developers Convention (PDAC) in Toronto
Toronto, Ontario--(Newsfile Corp. - March 2, 2023) - Omai Gold Mines Inc. (TSXV: OMG) (OTCQB: OMGGF) ("Omai Gold" or the "Company") is pleased to announce its participation at the upcoming Prospectors and Developers Convention being held in Toronto on March 5th to 8th at the Metro Toronto Convention Centre. Omai Gold PDAC Booth #2931 Omai will be exhibiting at the South Building of the Convention Centre, Level 800. Management and geologists will be there to meet with investors. Registration...
2023-03-02 9:00 AM EST
Omai Gold Mines Commences 2023 Drilling Program at the Omai Property in Guyana
Toronto, Ontario--(Newsfile Corp. - February 10, 2023) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai Gold" or the "Company") is pleased to announce that it has commenced the 2023 drill program at its 100%-owned Omai Gold Property in Guyana. A 5,000-metre drill program will focus on targets along the 7-kilometre extension of the prolific Wenot Shear Corridor and those delineated by geophysics, geochemistry and historic workings. Additional drilling is designed to optimize further...
2023-02-10 7:09 AM EST
Omai Gold Mines Grants Stock Options
Toronto, Ontario--(Newsfile Corp. - January 26, 2023) - Omai Gold Mines Inc. (TSXV: OMG) (OTCQB: OMGGF) ("Omai Gold" or the "Company") announces that it has granted stock options exercisable into 17.55 million common shares in the Company to certain officers, directors, employees and consultants of the Company. The incentive stock options have an exercise price of $0.08 per share with a five-year term and will vest one-third on the date of grant, and one-third on each of the first and second...
2023-01-26 7:30 AM EST
Omai Gold Mines Closes Non-Brokered Private Placement for Gross Proceeds of $4.22 Million
Toronto, Ontario--(Newsfile Corp. - December 22, 2022) - Omai Gold Mines Inc. (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 "Private Placement") and issued 84,400,000 common shares of the Company ("Share") at a price of $0.05 per Share for gross proceeds of $4,220,000. The net proceeds from the Private Placement will be used to advance exploration on nearby targets and...
2022-12-22 10:07 AM EST