- Omai Gold Mines Corp. (OMG) has begun exploration on the East Wenot Extension and Broccoli Hill target at its property in Guyana
- The program consisted of 16 holes totalling 9,367 metres, with final assay results pending
- Significant gold mineralization has been identified in the Wenot area
- Previous auger and soil surveys have identified numerous gold anomalies on Broccoli Hill including one auger hole that sampled 12.4 g/t Au from 4 to 6 metres depth in saprolite adjacent to a large area of artisanal miner activity
- The initial drill holes will provide valuable information on the bedrock underlying the hill to direct further drilling
- Omai Gold Mines Corp. (OMG) is unchanged trading at $0.13 per share at 12:52 p.m. ET
Omai Gold Mines Corp. (OMG) has begun exploration on the East Wenot Extension and Broccoli Hill target at its property in Guyana.
The current drilling program that focused on the Wenot deposit beneath the past-producing pit, was completed yesterday
The program consisted of 16 holes totalling 9,367 metres, with final assay results pending.
The Wenot Shear Corridor is part of a wide east-west trending gold-mineralized geological structure with 3 kilometres of drill-indicated strike length across the property.
The work will start from the eastern end of the pit and continue along an initial 800 metres, following the trend of the shear.
Significant gold mineralization has been identified in this area by several shallow holes drilled along this trend from the early 1990s but testing to depths of only 50 to 75 metres into fresh rock.
Broccoli Hill sits less than 300 metres east of the company’s Fennell pit and 300 metres north of the Wenot pit. Combined, these two pits produced over 3.7 million ounces of gold
Previous auger and soil surveys have identified numerous gold anomalies on Broccoli Hill including one auger hole that sampled 12.4 g/t Au from 4 to 6 metres depth in saprolite adjacent to a large area of artisanal miner activity.
The trenching done on Broccoli Hill was successful at exposing saprolite and a significant area was found to have an abundance of quartz crystals or grains in the ferricrete.
It is possible that these quartz grains in some exposures could represent a residual texture of a quartz-rich intrusive underlying portion of the hill.
Two to three drill holes, planned for late this year, will target some of the best gold anomalies in the soil and auger sampling, areas of artisanal miner workings and areas possibly underlain by granitic intrusives.
The initial drill holes will provide valuable information on the bedrock underlying the hill to direct further drilling.
Omai Gold Mines Corp. (OMG) is unchanged trading at $0.13 per share at 12:52 p.m. ET.
