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Omai Gold Mines (TSXV:OMG) drilling expands mineralization at Wenot

Mining
TSXV:OMG
06 July 2021 16:45 (EDT)

Omai Gold Mines (OMG) has released results from the Wenot pit, part of the company’s ongoing drill program at the Omai Gold Mine.

The 5,000-metre drill program is focused on extending the mineralized area at Wenot below the historical pit and into the sedimentary package south of the pit.

Recent drilling has encountered multiple mineralized zones to support the extension of the pit. Highlights from these zones include the following results:

  • 2 g/t gold over 2 metres, including 86.3 g/t gold over 0.8 metres in hole 21ODD-009
  • 6 g/t gold over 9 metres, including 43.5 g/t gold over 1 metre in hole 21ODD-008

Mario Stifano, CEO of Omai Gold Mines, commented on the results.

“We are pleased that our drilling program continues to produce positive results,” he said, “demonstrating that mineralization at Wenot continues to depths exceeding 100 meters below the historical pit and remains open in all directions.”

This drilling continues to give the company’s technical team a better understanding of the geology and mineralization at Omai.

“The current drill program,” added Mr. Stifano, “is anticipated to be completed shortly and will support the objective of developing a NI 43-101 Inferred Resource at Wenot later this year.”

The Omai Gold Mine, once South America’s largest producing gold mine, is located in Guyana. The mine has two open pits, the Fennell pit and the Wenot pit.

Omai Gold Mines Corp. is a mineral exploration company.

Omai Gold Mines Corp. (OMG) is down 6.06 per cent, trading at $0.155 per share at 2:35 pm ET.

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