| Announcement Date: | 2022-01-19 |
|---|---|
| Announcement Type: | Exploration Update |
| Announcement Code: | NI43-101 |
| Company name: | Omai Gold Mines Corp. |
| Project name: | Omai |
| Location: | Guyana |
| Commodities: | Gold |
| Highlight: | Trenching results incl. 29.3g/t Au, 7.8g/t Au, 5.0g/t Au and 2.2g/t Au |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | January 19, 2022 Toronto, Ontario — Omai Gold Mines Corp. (TSXV:OMG) (“Omai” or the “Company”) is pleased to announce exploration results from initial trenching and drilling on the Broccoli Hill target, at its Omai project in Guyana. Trenching exposed a quartz-rich shear zone with samples assaying 29.3 g/t Au, 7.8 g/t Au, 5.0 g/t Au and 2.2 g/t Au along a 40-metre strike. A first round of drilling on Broccoli Hill, totalling 690 metres, intersected gold mineralization with four of the six holes returning assays greater than 1 g/t Au and as high as 4.04 g/t Au over 0.9 m and 0.91 g/t over 6.8 m. Elaine Ellingham, Chief Executive Officer, commented “We are pleased to have delivered on our goal of completing an NI 43-101 mineral resource estimate on Wenot by the end of 2021 (see news release Jan 4, 2022). This new mineral resource is quite an achievement for our first year. We are also pleased to report that our initial trenching and drilling on Broccoli Hill, that commenced late in 2021, has already resulted in several significant gold values.” |
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