The company holds a 100% interest in the past-producing Omai gold project in Guyana, located in Region Seven (Cuyuni-Mazaruni).  The Omai property hosts two orogenic gold deposits: the shear-hosted Wenot Deposit and the adjacent intrusive-hosted Gilt Creek Deposit. The project’s combined update MRE results is: 2,121,000 ounces of gold (indicated), a 7% increase, averaging 2.07 g/t Au in 31.9 million tonnes (Mt) and 4,382,000 ounces of gold (inferred), a 92% increase, averaging 1.95 g/t Au in 69.6Mt. The property’s 2024 MRE outlined 2.0 million ounces of gold indicated and 2.3 million ounces inferred. Notably, the updated MRE includes an expansion to the Wenot Deposit and incorporates the previously disclosed Gilt Creek Deposit. Most significantly, OMAI noted that for the Wenot MRE, the inferred MRE increased by 130% to 3,717,000 oz. grading 1.82 g/t Au, contained in 63.4 million tonnes (Mt), and the indicated MRE increased by 16% to 970,000 oz. grading 1.46 g/t Au, contained in 20.7 Mt.

Omai’s President and Chief Executive Officer (CEO) said, “We are pleased to be delivering yet another very substantial increase to the Mineral Resource Estimate for our Omai Gold Project in Guyana.” Ellingham noted that this increase firmly positions Omai as one of the top two largest gold projects in Guyana. (Kaieteur News)