Omai Increases Indicated Mineral Resources to 2.1 Moz Au (2.07 g/t Au, 31.9mt) and Inferred Mineral Resources to 4.4 Moz Au (1.95 g/t Au, 69.6Mt) With Expansion of Wenot Deposit
Original announcement by yahoo_press on
- Company
- Omai Gold Mines Corp.
- Ticker
- OMG
- Exchange
- TSXV
- Region
- Guyana
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Resource update
- Extracted
- 2026-08-21 07:22:27 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Omai Gold Mines Corp. has updated its Mineral Resource Estimate for the Omai Gold Property in Guyana, reporting an increase in both Indicated and Inferred resources. The update is driven by the expansion of the Wenot Deposit and the inclusion of the Gilt Creek Deposit.
Reasoning: Significant expansion of the Inferred resource by 130% and overall increase in contained gold ounces through deposit expansion.
Positive factors
- Tonnage Growth
- Contained Metal Growth
Facts used in scoring: 3
Classification and evidence
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: Inferred resource increased 130% to 3.717 Moz at Wenot.
Evidence · text
“the Inferred MRE increased 130% to 3,717,000 oz”
Tonnage Growthpositive
Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
Why it applies: Total Inferred resource increased to 69.6Mt.
Evidence · text
“Inferred Mineral Resources to 4.4 Moz Au (1.95 g/t Au, 69.6Mt)”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Resource Estimates (3)
indicatedgoldTonnes: 31900000Grade: 2.07Grade Unit: g/tContained Metal: 2100000Contained Unit: ozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- OMG
Resource Data
- Category
- indicated
- Tonnes
- 31900000
- Grade
- 2.07
- Grade Unit
- g/t
- Contained Metal
- 2100000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-08-25T00:00:00.000Z
Reasoning: Indicated resource reported with 2.1 Moz Au.
Evidence · text
“Indicated Mineral Resources to 2.1 Moz Au (2.07 g/t Au, 31.9mt)”
inferredgoldTonnes: 69600000Grade: 1.95Grade Unit: g/tContained Metal: 4400000Contained Unit: ozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- OMG
Resource Data
- Category
- inferred
- Tonnes
- 69600000
- Grade
- 1.95
- Grade Unit
- g/t
- Contained Metal
- 4400000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-08-25T00:00:00.000Z
Reasoning: Significant increase in Inferred resource scale.
Positive factors
- Tonnage Growth
- Contained Metal Growth
Evidence · text
“Inferred Mineral Resources to 4.4 Moz Au (1.95 g/t Au, 69.6Mt)”
inferredgoldTonnes: 3717000Grade: 1.82Grade Unit: g/tContained Metal: 3717000Contained Unit: ozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- OMG
Resource Data
- Category
- inferred
- Tonnes
- 3717000
- Grade
- 1.82
- Grade Unit
- g/t
- Contained Metal
- 3717000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-08-25T00:00:00.000Z
Reasoning: Specific Wenot Inferred resource component increased 130%.
Positive factors
- Contained Metal Growth
Evidence · text
“the Inferred MRE increased 130% to 3,717,000 oz grading 1.82 g/t 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.