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Omai Gold Mines Mobilizes Sixth Drill to Omai Project Site in Guyana

Omai Gold Mines Mobilizes Sixth Drill to Omai Project Site in Guyana

MT newswireMT newswire2026/10/08 18:04

02:04 PM EDT, 10/08/2026 (MT Newswires) -- Omai Gold Mines (OMG.V) is mobilizing a sixth diamond drill to the Omai Project site in Guyana, to focus on exploration targets, it said Thursday. The company has planned an initial 5,000-meter drill program with the first target being the BBH area, where an eight-hole program will explore an area that has seen "successful trenching and drilling results" in previous programs, said the company. "With our Preliminary Economic Assessment ("PEA") completed, infill and expansion drilling continues on Wenot with five diamond drills," said Chief Executive Officer Elaine Ellingham. "This sixth drill will allow us to pursue a number of exploration targets, identified by a combination of geophysics, trenching and in some cases previous drilling." The company's shares were last seen up CA$0.04 at CA$2.16 on the TSX Venture Exchange. Price: 2.17, Change: +0.05, Percent Change: +2.36

02:04 PM EDT, 10/08/2026 (MT Newswires) -- Omai Gold Mines (OMG.V) is mobilizing a sixth diamond drill to the Omai Project site in Guyana, to focus on exploration targets, it said Thursday. The company has planned an initial 5,000-meter drill program with the first target being the BBH area, where an eight-hole program will explore an area that has seen "successful trenching and drilling results" in previous programs, said the company. "With our Preliminary Economic Assessment ("PEA") completed, infill and expansion drilling continues on Wenot with five diamond drills," said Chief Executive Officer Elaine Ellingham. "This sixth drill will allow us to pursue a number of exploration targets, identified by a combination of geophysics, trenching and in some cases previous drilling." The company's shares were last seen up CA$0.04 at CA$2.16 on the TSX Venture Exchange. Price: 2.17, Change: +0.05, Percent Change: +2.36
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