Omai Gold Mines Corp. is pleased to announce the appointment of David Stewart, P.Eng. as Vice President Corporate Development & Investor Relations, effective immediately. Further, the Company announces the granting of incentive stock options. Mr. Stewart is a mining engineer with 15 years of mining sector experience including mine development and planning, sell-side equity research, corporate development and investor [...]
Omai Gold Mines Corp. is pleased to announce the appointment of Elaine Ellingham as Executive Chairman and Derek Macpherson as Lead Director. Ms. Ellingham continues in the role of President and CEO of Omai Gold, a position she has held since 2021. She has been instrumental in building and leading a team that has discovered significant gold resources at the Company's Omai Gold project in Guyana. Completion of a positive [...]
Omai Gold Mines Corp. is pleased to announce that it has commenced drilling on the Gilt Creek gold deposit, one of two orogenic gold deposits located on its 100% held Omai gold project in Guyana. Two initial holes are planned to potentially expand the current Gilt Creek Mineral Resource Estimate, while advancing engineering and metallurgical studies that will facilitate inclusion of this underground deposit into a next [...]
Omai Gold Mines Corp. announces continued positive results from the ongoing drilling focused on expanding the Wenot deposit at the Omai gold project in Guyana. 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. Assays are reported for three additional drill holes and results are pending for an [...]
Omai Gold Mines Corp. announces continued positive drilling results from the Company's Omai gold project in Guyana. Since drilling commenced in July 2024, 17 diamond drill holes have been completed totalling 8,460 metres . Assays are reported for six drill holes and assays are pending for six additional holes. Drilling continues with two rigs. Highlights include: Hole 24ODD-086 2.96 g/t Au over 19.4 m 3.78 g/t Au over [...]
Omai Gold Mines Corp. is pleased to announce the appointment of Mr. Drew Anwyll P.Eng. as an independent Director of the Company. Further, the Company announces the granting of incentive stock options to the new Director. Mr. Anwyll is a mining engineer with over 25 years of international experience in operations start-up, construction, and project management of both open pit and underground mines. He is currently Chief [...]
Omai Gold Mines Corp. announces drill results from the Company's Omai gold project in Guyana. To date in 2024, ten diamond drill holes have been completed totalling 3,732 metres and drilling continues. A second drill commenced in late August. Assays have been received for seven holes and additional assays are pending. Highlights include: Hole 24ODD078 2.20 g/t Au over 43.7 m 3.13 g/t Au over 43.0 m Hole 24ODD-076 2.89 g/t [...]
Omai Gold Mines Corp. is pleased to announce the appointment of Joshua Bailey, P.Geo as Technical and Strategic Advisor to the Company, effective immediately. Mr. Bailey brings over 20 years professional experience in mineral exploration having played key executive leadership roles in corporate strategy and governance, technical and operational execution, transactions and partnerships, and corporate development. Joshua [...]
Omai Gold Mines Corp. is pleased to announce that the drilling has commenced at its 100%-owned Omai gold property in Guyana. With the Preliminary Economic Assessment announced April 4th, followed by a $13 million brokered private placement that closed June 20th, the Company is well positioned to further advance the project. Elaine Ellingham, CEO commented: "With the completion of our recent financing, Omai has $13 million [...]
Omai Gold Mines Corp. is pleased to announce that it has completed its previously announced brokered private placement offering of 108,333,333 common shares of the Company at a price of $0.12 per Share for gross proceeds of approximately $13,000,000. The Offering was conducted by Paradigm Capital Inc., acting as lead agent and sole bookrunner, and Maison Placements Canada Inc., Pollitt & Co. Inc. and Velocity Trade [...]
Omai Gold Mines Corp. is pleased to announce that, due to investor demand, the Company and Paradigm Capital Inc. have agreed to increase the size of the Company's previously-announced best efforts private placement offering . The amended Offering is now for 108,333,333 common shares of the Company at a price of $0.12 per Share for total gross proceeds of $13,000,000. The net proceeds from the Offering will be used for [...]
Omai Gold Mines Corp. has entered into an agreement with Paradigm Capital Inc. to act as lead agent and sole bookrunner, on behalf of a syndicate of agents to be formed, in connection with a "best efforts" private placement offering of 83,334,000 common shares of the Company to be issued at $0.12 per Share for gross proceeds of $10,000,080. In addition, the Agent has been granted an option to sell up to 12,500,100 [...]
