# Omai Gold Reports Positive Metallurgical Testwork at its Omai Project with Gold Recoveries from 93% to 95%

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/omai-gold-reports-positive-metallurgical-testwork-at-its-omai-project-with-gold--6ec1a5cd-f18d-4f0a-a619-14ee565a01b2

Original source: https://finance.yahoo.com/markets/commodities/articles/omai-gold-reports-positive-metallurgical-110100702.html

Publisher: yahoo\_press

Original announcement: 2026-06-22T11:01:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Omai Gold Mines Corp.

- Ticker: OMG

- Exchange: TSXV

- Region: Guyana

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Metallurgy

- Extracted: 2026-08-20 21:38:52 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Omai Gold Mines Corp. has announced positive results from its first phase of metallurgical testwork at the Omai Gold Project in Guyana. The testwork on the Wenot and Gilt deposits demonstrated high gold extraction rates of 93%.

Reasoning: The company reported high gold recoveries \(93%\) using industrially proven technologies for its orogenic gold deposits.

- Positive factor: High gold recovery achieved

- Positive factor: Proven processing technologies

Facts used in scoring: 1

## Classification and evidence

**High Recovery**

Polarity: positive

Definition: Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 93% gold recovery is within the exceptional/strong band for gold processing.

Evidence · text

> High gold extraction was achieved from testwork with 93% gold \("Au"\).

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: The text mentions 'industrially proven processing technologies' which typically implies mill/CIL routes for orogenic gold.

Evidence · text

> responsive to reliable, industrially proven processing technologies

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Metallurgical Results (1)

### unspecified

[Link to this fact](https://atlas-staging.minestarters.com/news/omai-gold-reports-positive-metallurgical-testwork-at-its-omai-project-with-gold--6ec1a5cd-f18d-4f0a-a619-14ee565a01b2#fact-metallurgical-facts-0)

Omai Gold Project · gold

#### Identity

- Project: Omai Gold Project
- Commodity: gold
- Region: guyana
- Reported Region: Guyana
- Ticker: OMG

#### Test Work

- Program Status: preliminary
- Test Type: unspecified
- Sample: Wenot and Gilt deposits metallurgical testwork

#### Recovery

- Recovery: 93 %
- Recovery Basis: unspecified

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-22T00:00:00.000Z

Reasoning: 93% recovery is strong for gold, though the specific processing route and recovery basis were not detailed in the text.

- Positive factor: High recovery rate

- Negative factor: Recovery basis unspecified

Evidence · text

> High gold extraction was achieved from testwork with 93% gold \("Au"\).

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.