Omai Gold Drills High-Grade Zone at East Wenot, Intersecting 11.07 g/t Au over 14.7m, Including 34.31 g/t Au over 4.3m
Omai Gold Hits High-Grade Bonanza as New Zone Boosts Guyana Project's Potential
The December 8, 2025 news release announces significant high-grade assay results from the ongoing drill program at the Omai Gold Project in Guyana. - East Wenot Discovery: A new high-grade zone was intersected at the east end of the Wenot deposit. Hole 25ODD-142 returned 11.07 g/t Au over 14.7 meters, including a bonanza-grade sub-interval of 34.31 g/t Au over 4.3 meters. - Central Wenot High-Grade: Hole 25ODD-145W at Central Wenot also intersected a high-grade zone, returning 13.54 g/t Au over 13.3 meters. - Operational Update: The company has exceeded its 2025 drilling goals, completing 35,300 meters across 79 holes. This includes over 10,000 meters at Wenot since the August 2025 Mineral Resource Estimate (MRE). - Forward Plan: An updated MRE is planned for early 2026, to be followed by an updated Preliminary Economic Assessment (PEA) in H1 2026. Drilling continues with five active rigs. - Corporate: The company has retained TB Investor Relations for a monthly fee of $5,000.
The news is Material - Positive. The discovery of a "spectacular new zone" with high-grade mineralization (11.07 g/t Au over 14.7m) in a previously underexplored area of East Wenot is a significant exploration success. These grades are substantially higher than the project's average resource grade (Indicated: 2.07 g/t, Inferred: 1.95 g/t) and have the potential to materially enhance the project's economics, possibly by defining high-grade starter pits or sweetening the overall resource.
This release builds on a year of consistent positive developments: - Jan 2025: Reported "best hole to date" with 4.48 g/t Au over 57.0m, signaling deep potential. - Aug 2025: Delivered a massive 92% increase in Inferred ounces in an updated MRE, establishing Omai as a major project in Guyana. - Oct 2025: Successfully closed a C$40 million bought deal financing at C$1.15 per share, demonstrating strong institutional confidence and fully funding the company through its next major milestones. - Nov 2025: Confirmed depth potential with a deep hole intersecting mineralization 700m below the Wenot deposit.
The latest results de-risk the upcoming MRE and PEA, which are the primary catalysts for the stock in the next 3-6 months. The market expects growth, and these results strongly suggest the company will deliver. By exceeding drilling targets, management also demonstrates strong operational execution. While the discovery is significant, it reinforces the existing thesis rather than fundamentally changing it, thus it is rated Material - Positive rather than a Game Changer.
Omai Gold Mines Corp. is a Canadian exploration company focused on its 100%-owned Omai Gold Project in Guyana. The project is a brownfield site that hosted the past-producing Omai Mine, which yielded over 3.7 million ounces of gold between 1993 and 2005.
The company's strategy is to re-establish Omai as a large-scale mining operation by expanding two key deposits: - Wenot Deposit: A large shear-hosted system with a 2.5 km strike length, targeted for a large open-pit operation. The August 2025 MRE for Wenot included 970k oz Indicated @ 1.46 g/t Au and 3.7M oz Inferred @ 1.82 g/t Au. - Gilt Creek Deposit: A higher-grade, intrusion-hosted deposit located 500m north of Wenot, envisioned as an underground operation. The MRE for Gilt Creek includes 1.15M oz Indicated @ 3.22 g/t Au and 665k oz Inferred @ 3.35 g/t Au.
The entire property is subject to a 1% Net Smelter Returns (NSR) royalty held by Sandstorm Gold Ltd.