Northwire Canada EditionMonday, August 3, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

Omai Gold Drills High-Grade Zones at Wenot: 11.48 g/t Au over 10.2m, 23.79 g/t Au over 3.8m and 4.79 g/t Au over 14.5m

Omai Gold Caps Record Drilling Year with High-Grade Intercepts as Guyana Project Inches Toward Massive Resource Upgrade

Executive Summary

The most recent news release (January 15, 2026) reports the final assay results from the 2025 drilling program at the Wenot deposit in Guyana. Key intercepts include 11.48 g/t Au over 10.2m, 23.79 g/t Au over 3.8m, and 4.79 g/t Au over 14.5m. The company confirmed the completion of its 35,300-meter program (79 holes) for 2025. Additionally, Omai announced that the 2026 drilling program has already commenced with three rigs currently active, focusing on expanding the Wenot resource at depth (-300m to -450m) and following up on a new high-grade zone discovered at the eastern end of the deposit.

Material Impact

The news is materially positive as it confirms the continuity of high-grade mineralization at the Wenot deposit, particularly in the "Volcanics" and "Dike Corridor" zones. - Resource Growth: The results from the final eight holes of 2025 provide critical data for the upcoming Mineral Resource Estimate (MRE) update. These intercepts are significantly higher than the current Wenot Indicated grade of 1.46 g/t and Inferred grade of 1.82 g/t. - Operational Velocity: Transitioning immediately into the 2026 program without a financing pause demonstrates a robust treasury and management’s confidence in the project's scalability. - De-risking: The high-grade nature of these results (e.g., 10.65 g/t over 9.0m) suggests that the "superpit" model being prepared for the 2026 PEA could see improved economics through higher-grade early-years mill feed.

OMG · Price
Company Overview

Omai Gold Mines Corp. is focused on the redevelopment of the past-producing Omai Gold Mine in Guyana, which produced over 3.7 million ounces between 1993 and 2005. - Flagship Project: The Omai Gold Project, 100% owned. - Wenot Deposit: A shear-hosted orogenic deposit stretching 2.5km. Current focus is a large-scale open pit. - Gilt Creek Deposit: An intrusion-hosted deposit located 500m north of Wenot, planned for underground development.

Read the original news release →

More from OMAI Gold Mines Corp.