- Omai Gold Mines (OMGGF, Financial) reports significant gold intersections in its 2025 drilling program at the Wenot deposit, Guyana.
- Key highlights include intersections of 8.51 g/t Au over 9.3m, 3.56 g/t Au over 21.8m, and 2.32 g/t Au over 19.8m.
- The drilling program may exceed the planned 15,000m due to promising results, with an updated resource estimate expected in 2-3 months.
Omai Gold Mines Corp. (OMGGF) has announced promising assay results from its ongoing 2025 drill program at the Wenot deposit, located at the company's 100%-owned Omai Gold Project in Guyana. The latest drilling results demonstrate significant potential for further resource expansion, with high-grade gold intersections reported in several holes.
Notable results include 8.51 grams per tonne (g/t) gold (Au) over 9.3 meters (m) in Hole 25ODD-102, 3.56 g/t Au over 21.8m in Hole 25ODD-103, and 2.32 g/t Au over 19.8m in Hole 25ODD-105. To date, the company has completed 20 drill holes totaling 13,700 meters, with results pending for 16 additional holes.
The drilling program aims to expand the 2.5-kilometer long Wenot deposit by identifying mineralization in previously undrilled areas and extending known mineralization to depths of 400-450 meters. As a result of the positive findings, the drilling program is anticipated to surpass the initially planned 15,000 meters. Three rigs are currently operational, accelerating the exploration process.
A key aspect of the company's strategy includes engaging an independent engineering firm to update the National Instrument (NI) 43-101 Mineral Resource Estimate, expected to take between two to three months. This update will inform a revised Preliminary Economic Assessment (PEA) scheduled for 2025, which will integrate both the Wenot deposit expansion and the adjacent Gilt Creek underground deposit.
Elaine Ellingham, President & CEO of Omai Gold Mines, commented on the achievements, highlighting the potential for a substantial increase in the Mineral Resource Estimate (MRE), driven by the robust drill results achieved thus far in 2025. The company aims to maximize resource value for its shareholders, despite a minor delay in the release of the next NI 43-101 MRE.
