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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.
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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.

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Q3 202526 Nov, 2025
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