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Omai Gold Mines (OMG) investor relations material
Omai Gold Mines Nordic Funds & Mines Conference 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Nordic Funds & Mines Conference 2025 summary8 Oct, 2025
Project overview and recent milestones
Achieved a fourth mineral resource estimate, now totaling 6.5 million ounces, making it one of the world's large undeveloped gold projects.
Project consists of two closely situated deposits: a shear-hosted and an intrusion-hosted deposit.
100% ownership with a simple structure and direct government acquisition; permit renewed once.
Recently completed financing brings cash position to just under CAD 60 million.
Past production was 300,000 ounces/year (1993–2005) and ceased due to low gold prices and company priorities.
Geological and operational highlights
Both deposits are orogenic gold types, similar to those in Ontario and Quebec, with deep mineralization potential.
Recent drilling to 400–450 m depth revealed improved grades and widths, indicating potential for a generational mine.
Wenot deposit features 12 sub-parallel vertical gold zones over a 2.5 km strike, with grades increasing at depth.
Recent drilling added 2.2 million ounces to the resource, delaying the PEA but expanding project scale.
Intrusion-hosted deposit has 1.8 million ounces; new deep drilling is underway to test further extensions.
Infrastructure, government, and community
Project benefits from existing infrastructure: road access, airstrip, and tailings facility suitable for refurbishment.
Located 10 miles from a main corridor road, with ongoing upgrades improving access.
Strong government support, with the President eager for mine reopening and job creation.
Local workforce has significant open-pit mining experience from nearby bauxite operations.
Environmental permit secured for dewatering Wenot pit after extensive water and rock studies.
New PEA production targets and economics
Deep hole results: What's the upside potential?
Future development strategy: partner or sell?
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Next Omai Gold Mines earnings date
Q3 202526 Nov, 2025
Next Omai Gold Mines earnings date
Q3 202526 Nov, 2025
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