Omai Gold Mines reports significant drilling results
Wenot plan map showing drill-hole locations
Wenot plan map showing drill-hole locations

CANADA-BASED Omai Gold Mines Corporation has announced continued positive drilling results from its ongoing exploration at the Wenot deposit within the Omai Gold Project in Guyana.
In a press statement, the company said that these results show impressive gold grades across wide zones, providing further evidence of the growing potential of the Wenot deposit.
Very wide zones of up to 68.7m with robust gold grades were drilled within the “Dike Corridor”, one of the five main subparallel gold zones that comprise the Wenot deposit.

The latest assays, which include three additional drill holes, indicate robust gold grades and broad intersections, with results from seven additional holes still pending.
The drilling is part of an effort to expand the Wenot deposit, one of the most promising targets within the project. The most recent drilling results show impressive gold grades across several key holes. Hole 24ODD-085 intersected 3.16 g/t Au over 68.7 metres, with a notable 6.65 g/t Au over 29.9 meters within the broader interval.

Additional intersections in this hole included 2.64 g/t Au over 6.5 metres and 1.87 g/t Au over 7.5 metres. Similarly, Hole 24ODD-087 returned 4.57 g/t Au over 45.5 metres, including an extraordinary 77.71 g/t Au over 1.5 metres within the interval. This hole also showed other gold zones, including 19.36 g/t Au over 2.5 metres and 2.07 g/t Au over 8.5 metres.

Elaine Ellingham, President and Chief Executive Officer (CEO) of Omai Gold, expressed her excitement over the results, noting, “The very significant widths and robust gold grades further demonstrate that the gold zones at Wenot increase in width and grade with depth.”
“Drilling is expected to continue well into Q1 2025 and we remain on track for an updated Mineral Resource Estimate in Q1 2025, and an updated economic study is planned for Q2 2025. This is expected to include both an expanded Wenot deposit and the Gilt Creek deposit, which was not included in the 2024 Preliminary Economic Assessment,” she added.

The Dike Corridor is known for its high gold mineralisation and significant historical production. The recent drilling success is crucial, as it shows the gold zones at Wenot continue to increase in size and quality, especially at greater depths.
Omai Gold is now planning additional drilling to further test the potential of the Dike Corridor and other parts of the Wenot deposit. In particular, Hole 24ODD-085 is planned for re-entry early in 2025 to extend its depth and test the central quartz-feldspar porphyry (QFP) and protomylonite zone, which is known for some of the best mineralised zones at Wenot.

Moreover, the company is also planning a drilling campaign for the “Camp Zone,” an extension of the Wenot shear. The company previously reported encouraging gold intersections in this area, and four additional holes are planned for early 2025 to explore this zone further.
These promising results come as the company moves towards updating its Mineral Resource Estimate (MRE) for the Wenot deposit, with an updated estimate scheduled for release in the first quarter of 2025. The updated MRE will include both the Wenot deposit and the Gilt Creek deposit, which was not included in the 2024 Preliminary Economic Assessment.

The Omai gold project currently holds a MRE that includes 834,000 indicated ounces of gold averaging 1.48 g/t Au and 1,614,000 inferred ounces of gold averaging 1.99 g/t Au at the Wenot deposit, along with 1,151,000 indicated ounces of gold averaging 3.22 g/t Au at the Gilt Creek deposit

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