Omai Gold Added to GDXJ Junior Gold Miners ETF

OMAI Gold Mines Corp. (OMG) was added to the VanEck Junior Gold Miners ETF (GDXJ) effective September 18, 2026, following the fund's rebalancing on September 11, 2026. The inclusion follows the release of the August 19, 2026 Preliminary Economic Assessment (PEA) for the Omai Gold Project in Guyana.

The PEA outlines an 18-year mine life producing 6.3 million ounces of gold at an average rate of 351,000 ounces per year. Financial metrics from the assessment include a $4.0 billion after-tax net present value (NPV) at a 5% discount rate using a $3,600/oz base case, and a $6.2 billion NPV at current gold prices of approximately $4,500/oz.

Drilling remains active with a 50,000-meter program underway using five rigs. Management highlights existing infrastructure, including a cleared site, on-site airstrip, tailings facility, known metallurgy, and road connections to Georgetown and Linden.

Omai Gold Mines Corp. (OMG) has been included in the GDXJ index, a move analysts view as a direct consequence of the company’s recent resource expansion and the August Preliminary Economic Assessment (PEA). Index funds typically rebalance based on market capitalization and liquidity thresholds, criteria that Omai has clearly met.

The PEA’s mine plan targets a production rate of 351,000 ounces per year, aligning with the April 2026 Mineral Resource Estimate which reported a total of 8.0 million ounces. Drilling efforts continue to support resource growth and the conversion of resources from Inferred to Indicated categories.

No new project economics, metallurgical breakthroughs, or permitting milestones were disclosed in this release. The information is incremental and serves primarily to enhance market visibility and trading liquidity. The news does not alter the fundamental execution timeline or capital requirements, representing a standard market-access milestone rather than a project de-risking event.

OMAI Gold Mines Corp. is a 100%-owned exploration and early development company focused on the Omai Gold Property in the Potaro Mining District, Guyana. The flagship project combines the Wenot open-pit deposit and the adjacent Gilt underground deposit. Historical production from 1993 to 2005 totaled 3.8 million ounces, with operations ceasing when gold prices fell below $400/oz. The project benefits from legacy infrastructure, including an existing airstrip, tailings facilities, and road access to major urban centers. Metallurgical testwork confirms 93–95% gold recoveries using a standard Carbon-in-Leach (CIL) circuit, supporting the PEA's processing assumptions.