Omai Gold Mines, which has initiated a 5,000-meter drilling program at Wenot mine in Region Seven (Cuyuni-Mazaruni), has announced a high-grade gold presence in the first two holes extending at least 100 meters below.
The announcement was made through a statement from Omai Gold Mines and follows promises from the company last year that it would conduct its drilling campaign in early 2021.
According to Omai, its current drilling program is focused on expanding the potential of the Wenot open pit, which has produced 1.8 million ounces of gold up to a depth of 190 meters.
Omai Gold Mines CEO Mario Stifano was quoted as saying: “We are pleased with our assay results from the first two holes we drilled in Omai, which complements the assay results we announced this month February. “
“These results show that the extent and thickness of gold mineralization remains at least 100 to 150 meters below the historically produced Wenot Pond, and remains exposed to depth and on strike. We look forward to updating our stakeholders with further results from our 5,000 meter drilling program in the coming months, ”he added.
Omai Gold Mines Limited (OGML), which returned to Wenot and Fennell pits at the Region Seven site in 2020, after leaving Guyana in 2015, announced in December that it would proceed with the 5000-meter drilling program.
Just last November, Omai Gold Mines, which aims to regain its place as Guyana’s main gold producer, announced the upcoming resumption of trading on the Toronto Stock Exchange following the recent acquisition of Avalon Investment Holdings .
The company also had a new Board of Directors, including Stifano, Denis Clement, Adam Spencer and Paul Fornazzari; Executive Director and Founder Harvey McKenzie; Chief Financial Officer and Secretary Denis LaPoint; Vice President of Audit, Jason Brewster and Vice President of Operations, Nadine Miller.