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🪙 Omai Gold Drills 708 m @ 1.06 g/t Au at Gilt Creek — Major Resource Expansion News
Omai Gold Mines (TSXV: OMG / OTCQB: OMGGF) reported new drilling results from Hole 25ODD-122w at its Gilt Creek deposit in Guyana, showing a very broad gold-mineralized interval that adds confidence to the size and continuity of the deposit — a key step toward an updated Preliminary Economic Assessment (PEA).
• 708.1 m averaging 1.06 g/t Au from 364.9 m downhole — demonstrating extensive mineralization through the intrusive stock.
• Includes multiple higher-grade intervals, such as:
– 4.88 g/t Au over 7 m
– 5.70 g/t Au over 8 m
– 3.10 g/t Au over 24 m (among others).
• Hole reached 2,014 m, intersecting the Wenot shear, with seven significant gold zones including 3.61 g/t Au over 4.4 m near the end.
• Existing Gilt Creek resource: 1.151 Moz @ 3.22 g/t Au (Indicated) and 0.665 Moz @ 3.35 g/t Au (Inferred) — the new drilling supports continuity and potential expansion.
This wide interval confirms that gold mineralization at Gilt Creek continues at depth and laterally, providing key geological data for upcoming PEA work and future mine planning.
#OmaiGold #GoldDrilling #GiltCreek #GoldExploration #StockNews $PAXG
Omai Gold Mines (TSXV: OMG / OTCQB: OMGGF) reported new drilling results from Hole 25ODD-122w at its Gilt Creek deposit in Guyana, showing a very broad gold-mineralized interval that adds confidence to the size and continuity of the deposit — a key step toward an updated Preliminary Economic Assessment (PEA).
• 708.1 m averaging 1.06 g/t Au from 364.9 m downhole — demonstrating extensive mineralization through the intrusive stock.
• Includes multiple higher-grade intervals, such as:
– 4.88 g/t Au over 7 m
– 5.70 g/t Au over 8 m
– 3.10 g/t Au over 24 m (among others).
• Hole reached 2,014 m, intersecting the Wenot shear, with seven significant gold zones including 3.61 g/t Au over 4.4 m near the end.
• Existing Gilt Creek resource: 1.151 Moz @ 3.22 g/t Au (Indicated) and 0.665 Moz @ 3.35 g/t Au (Inferred) — the new drilling supports continuity and potential expansion.
This wide interval confirms that gold mineralization at Gilt Creek continues at depth and laterally, providing key geological data for upcoming PEA work and future mine planning.
#OmaiGold #GoldDrilling #GiltCreek #GoldExploration #StockNews $PAXG
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