Omai Gold Mines Corp. (TSXV: OMG) has commenced the 2023 drill programme at its 100%-owned Omai Gold Property in Guyana.
A 5,000m drill programme will focus on targets along the 7km extension of the prolific Wenot Shear Corridor and those delineated by geophysics, geochemistry and historic workings.
Additional drilling is designed to optimize further expansion of the Wenot deposit, along strike and at depth.
The 2023 exploration programme is guided by the results of the 2022 mapping, geochemical survey and trenching programmes, combined with new results from the application of magnetic vector inversions of the airborne geophysics survey data.
“2022 was a transformational year for Omai Gold. After drilling an additional 5,900m, we announced an updated NI43-101 resource in October that more than doubled our initial resource announced less than a year earlier,” CEO, Elaine Ellingham, said.
“With a base of 1.9 million ounces (Indicated Mineral Resources) and a further 1.8Moz (Inferred Mineral Resources) we are starting the 2023 program by stepping out to test select exploration targets.
“The Omai property represents a major gold camp, with past production of 3.8Moz plus substantial new gold resources and the potential for additional new deposits along a target structural zone that extends for 7km across the property.”
Exploration at the Omai project in 2022 included trenching, mapping, and geochemical programs which were integrated with the historic data to refine and prioritize the 2023 exploration targets.
Many gold deposits have very subtle or, in many instances, no geophysical signatures, adding to the challenge of gold exploration. Exploration at the Omai project benefits from prominent and distinctive geophysical signatures over the main deposits.
Most of the Wenot shear-hosted gold deposit has a magnetite alteration overprint that appears to increase with depth and is expressed as a high magnetic response in the geophysics data. At Gilt Creek, the gold-bearing stockwork quartz-veined quartz diorite intrusion is associated with a low magnetic signature.
In late 2022, the company engaged a magnetic inversion-modelling expert geophysicist to work with the airborne data, to assist in better refinement of new Wenot-type and Gilt Creek-type targets. This work has significantly contributed to the recent target development for the large-target Broccoli Hill, Boneyard and Pyramid areas which are part of the current H1 2023 drill programme.
For further information please visit: https://omaigoldmines.com/