bullish

OMG: Substantial Resource Update; Advancing to PEA

230 Views09 Feb 2024 00:00
Issuer-paid
SUMMARY
  • Omai announced a substantial MRE, increasing its Wenot indicated and inferred resources by 10% and 45% respectively.
  • Resource grades also increased significantly (10% indicated, 16% inferred).
  • Today’s Resource Update highlights the Company’s ability to cost- effectively increase the resource while producing what we believe should be a much more economical open-pit resource (578 Koz Au was added to the open-pit resource in this update)
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