Core Viewpoint - Omai Gold Mines Corp. has filed a National Instrument 43-101 Technical Report supporting an updated Mineral Resource Estimate for its Omai Gold Property in Guyana, highlighting significant increases in both Inferred and Indicated resources [1][2]. Group 1: Mineral Resource Estimate Highlights - The Inferred Mineral Resource Estimate for the Wenot Deposit increased by 130% to 3,717,000 ounces at a grade of 1.82 g/t Au, contained in 63.4 million tonnes [1][5]. - The Indicated Mineral Resource Estimate for the Wenot Deposit increased by 16% to 970,000 ounces at a grade of 1.46 g/t Au, contained in 20.7 million tonnes [1][5]. - The overall updated Mineral Resource Estimate includes a total of 2,121,000 ounces of gold (Indicated) and 4,382,000 ounces of gold (Inferred), reflecting increases of 7% and 92% respectively compared to the previous estimate [5]. Group 2: Technical Report and Methodology - The Technical Report was prepared under the supervision of Eugene Puritch, a Qualified Person, ensuring compliance with NI 43-101 standards [1][6]. - The report indicates that approximately 60% of the resources are located below 350 meters depth from the surface, with significant expansion potential along a minimum 2.5 km length of the Wenot shear corridor [5][7]. Group 3: Company Overview and Future Plans - Omai Gold Mines Corp. is focused on expanding its two orogenic gold deposits at the Omai Gold Project, which is recognized as one of the fastest-growing gold camps in the Guiana Shield [7]. - The company is preparing an updated Preliminary Economic Assessment (PEA) expected in early 2026, following the significant increase in the Mineral Resource Estimate [7].
Omai Gold Files NI 43-101 Technical Report Supporting an Updated Mineral Resource Estimate on Its Omai Gold Property in Guyana
Newsfile·2025-10-09 20:00