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Omai Gold Mines (OTCQB: OMGGF) has announced significant drill results from its 2025 drilling program at the Wenot deposit in Guyana. Key intersections include 3.08 g/t Au over 25.8m, 6.84 g/t Au over 9.5m, and 1.52 g/t Au over 37.5m. The company has completed 43 drill holes totaling 23,500m this year.
A notable deep exploration hole (25ODD-122) has reached 1,860m depth, encountering the Wenot shear corridor at 1,598m, approximately 1,100m below surface. This represents a potential significant expansion of the deposit at depth. The company is operating with four drilling rigs, focusing on resource optimization and exploration of new satellite deposits including the Camp Zone and Blueberry Hill trend.
The drilling program aims to optimize the resource for an upcoming Preliminary Economic Assessment (PEA) expected in Q1/26, with efforts focused on reducing strip ratios and upgrading Inferred resources to Indicated category.
Positive
- Multiple high-grade gold intersections including 3.08 g/t Au over 25.8m and 6.84 g/t Au over 9.5m
- Deep exploration hole successfully encountered mineralized shear corridor 1,100m below surface
- Expansion of drilling program to four rigs indicates operational scale-up
- Exploration of new satellite deposits (Camp Zone and Blueberry Hill) shows potential for additional resources
Negative
- Deep drilling progressing slowly due to significant length and shallow dip of the hole
- Assays pending for multiple drill holes could impact final results
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09/24/2025 – 07:47 AM
Toronto, Ontario – Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) (“Omai Gold” or the “Company”) has announced promising assay results from its ongoing 2025 drill program at its wholly-owned Omai Gold Project in Guyana, South America. The latest data, encompassing six drill holes at the Wenot deposit (totaling 3,782m), reveal significant gold intercepts, signaling a potential boost to the project’s resource base. The company has completed 43 drill holes to date this year, totaling 23,500m.
Key highlights from the recent Wenot drilling include:
- Hole 25ODD-127:
- 3.08 g/t Au over 25.8m (including 17.06 g/t Au over 3.1m)
- 1.52 g/t Au over 37.5m
- 7.33 g/t Au over 1.5m
- Hole 25ODD-125:
- 6.84 g/t Au over 9.5m (including 27.51g/t Au over 1.2m)
- 9.80 g/t Au over 1.5m
- Hole 25ODD-126:
- 1.31 g/t Au over 39.5m
- 2.08 g/t Au over 18.0m (including 9.68 g/t Au over 1.5m)
- 5.39 g/t Au over 3.4m
- 1.33 g/t Au over 8.9m
- 5.04 g/t Au over 3.0m
- Hole 25ODD-117:
- 10.16 g/t Au over 2.6m
- 1.98 g/t Au over 7.5m
- 4.53 g/t Au over 2.4m
Alongside resource optimization, Omai Gold is actively exploring near-surface satellite deposits like the Camp Zone and the Blueberry Hill trend. The Camp Zone, located approximately 500m west of the Wenot deposit, is being investigated based on projected strikes of regional shear structures. The Blueberry Hill trend, extending 500m northeast towards the Gilt Creek pit, has also shown promising high-grade gold intersections in historical drilling and trenching. Six holes have been completed, once assay results are received, further drilling could provide higher-grade mill feed early in the mine life, potentially improving project economics.
A particularly noteworthy development is the progress of the deep exploration hole 25ODD-122, now at a depth of 1860m. This hole, designed to explore the unexplored potential ~600m below the Wenot deposit ,has encountered the Wenot shear corridor at 1598m downhole. The Wenot shear-hosted orogenic gold deposit consists of a series of essentially vertical gold zones. Given the significant strike length and width of the Wenot deposit, this deep intersection adds substantial “blue sky” potential, with the possibility of materially increasing the project’s overall size and mine life. Sampling has just commenced on the lower zone. Samples from the upper part of hole 122, through the historically productive Gilt Creek deposit, have been analysed using Metallic Screening, recommended due to coarse gold that resulted in over 30% recovery from the gravity circuit.
The company currently has four drill rigs deployed at Omai. Two are operating at Wenot, focused primarily on optimizing resources for an upcoming Preliminary Economic Assessment (PEA) anticipated in Q1/26, scheduled for early 2026, with the goal of reducing strip ratios and upgrading inferred resources to indicated resources. The remaining rigs are strategically testing the limits of the deposit in the east and west, and the recently identified northwest zone.
Elaine Ellingham, CEO and Executive Chairman of Omai Gold, stated, “We are very pleased with our recently announced, significantly increased, updated Mineral Resource Estimate (“MRE”). The NI 43-101 Report will be filed on SEDAR+ in the next couple of weeks. Today’s new drill results from Wenot, were completed at the end of the resource drilling program, but assays were received after the cutoff date for the the MRE. These results will contribute to the updated Preliminary Economic Assessment (“PEA”), expected in early Q1/26.”
Figure 1. Plan Map of Geology and Drill Hole Locations
Table 1. Recent Wenot Drill Results*
DDH | From (m) | To (m) | Interval (m) | Grade (g/t Au) |
25ODD-114 | 458.5 | 460.0 | 1.5 | 2.87 |
490.9 | 492.0 | 1.1 | 1.66 | |
497.5 | 500.5 | 3.0 | 2.33 | |
515.5 | 517.0 | 1.5 | 6.30 | |
575.8 | 576.8 | 1.0 | 1.03 | |
599.0 | 604.6 | 5.6 | 0.70 | |
609.4 | 618.8 | 9.4 | 1.35 | |
25ODD-117 | 304.0 | 311.5 | 7.5 | 0.49 |
322.0 | 324.1 | 2.1 | 1.73 | |
396.2 | 402.0 | 5.8 | 1.20 | |
407.6 | 410.0 | 2.4 | 4.53 | |
465.5 | 473.0 | 7.5 | 1.98 | |
479.0 | 483.5 | 4.5 | 1.41 | |
488.0 | 504.5 | 16.5 | 0.54 | |
508.0 | 510.6 | 2.6 | 10.16 | |
25ODD-125 | 285.0 | 286.5 | 1.5 | 9.80 |
367.1 | 370.5 | 3.4 | 1.72 | |
425.5 | 427.0 | 1.5 | 3.80 | |
447.9 |