{"success":true,"data":{"pressRelease":{"id":"50507","rtpr_id":"nNFC6M0dZZ","ticker":"OMG","exchange":"","all_tickers":["OMG"],"title":"Omai Gold Drills 8.54 g/t Au over 20.6m at Northeast Wenot and Commences Deep Hole on Gilt Deposit","author":"Newsfile Corp","published_at":"2026-06-01T10:41:55.063Z","article_body":"Toronto, Ontario--(Newsfile Corp. - June 1, 2026) - Omai Gold Mines Corp.\n(TSXV: OMG) (OTCQB: OMGGF) (\"Omai Gold\" or the \"Company\") is pleased to\nannounce assay results from eight additional diamond drill holes and four\nrelated wedged holes, from the current 50,000m drilling program at its 100%\nowned Omai Gold Project in Guyana, South America. Five rigs continue drilling\nat Omai. One drill has commenced drilling on a planned deep hole to test the\ndepth extension of the Gilt Deposit.\n\nAssay results are reported for eight holes collared across a 450m strike along\nthe northeastern area of the Wenot shear-hosted deposit (Figure 1). Four\nadditional holes reported were wedged for more targeted drilling. Wenot is one\nof the two orogenic gold deposits on the Omai property. These reported holes,\ncollared further to the north, were designed to explore a series of apparent\nsplays off of the northern side of the broad Wenot east-west shear corridor,\nand also to test for the down-dip extensions of the Dike Corridor gold zones.\nAll of these holes were drilled to the south, testing the northern splays,\nthen the gold zones within the prolific Dike Corridor. All but one hole\ncontinued further south to provide a deeper cut of the Dike Corridor, test the\ncentral contact with the Central Quartz Feldspar Porphyry zone (CQFP) and\ncontinue into the southern sedimentary sequence.\n\nThe best results from the northern splays included 4.77 g/t Au over 6.6m,\n18.11 g/t Au over 1.5m, and 3.49 g/t Au over 16.9m (in the upper part of hole\n173 previously reported), these all being above a 210m vertical depth and as\nfar as 300m north of the CQFP. The best assays within the Dike Corridor\nincluded 8.54 g/t Au over 20.6m, 5.79 g/t Au over 7.7m, 14.07 g/t Au over 2.3m\nand 4.77 g/t Au over 6.6m. Most holes extended the Dike Corridor zones at\nleast 50-75m downdip. Assays returned from the CQFP zone included 3.43 g/t Au\nover 12.25m and 2.54 g/t Au over 8.8m. One zone further into the southern\nsediments ran 7.48 g/t Au over 2.92m. These results continue to confirm the\ncontinuity and robustness of the main gold zones at Wenot, as well as\nextending these northeastern splays that would fall within the proposed pit.\n\nHighlights* from the recent drilling include:\n(refer to Table 1 for full assays and downhole depths):\n* Hole 26ODD-180* 8.54 g/t Au over 20.6m* Including 25.89 g/t Au over 2.5m\n* Including 13.42 g/t Au over 5.8m\n\n* 3.43 g/t Au over 12.3m* Including 5.57 g/t Au over 5.4m\n\n\n* Hole 26ODD-173W* 2.63 g/t Au over 11.5m\n* 3.68 g/t Au over 8.1m\n* 2.62 g/t Au over 13.1m\n* 5.79 g/t Au over 7.7m* Including 11.49 g/t Au over 3.6m\n\n\n* Hole 26ODD-175* 4.77 g/t Au over 6.6m* Including 9.27 g/t Au over 3.0m\n\n\n* Hole 26ODD-178W* 7.48 g/t Au over 2.9m\n\n* Hole 26ODD-179* 2.54 g/t Au over 8.8m* Including 6.48 g/t Au over 2.7m\nElaine Ellingham, President & CEO commented: \"The 50,000m drill program at\nOmai is advancing quickly with the five drills turning. To date this year,\n23,685m has been drilled. The results of these twelve holes reported today is\nagain a positive for Wenot. They explored the potential of a series of splays\nwe had encountered in a few holes on the under-drilled northeastern flank of\nthe Wenot deposit. These holes confirm the strike extension of these shallow\nzones that fall within the proposed pit area, but are far outside the area of\nhistorical mining. These holes were continued to the south, intersecting the\nmain Wenot gold zones, the most impressive being 8.54 g/t Au over 20.6m that\nincluded two high grade intervals: 25.89 g/t Au over 2.5m and 13.42 g/t Au\nover 5.8m within an interval of felsic dikes and breccia within the Dike\nCorridor roughly 60m north of the central contact porphyry. Multiple\nimpressive drill intersections in the Dike Corridor continue to speak to the\nongoing strength of this project. Further east of this area remains\nunder-explored.\n\nWe were on-site at Omai last week for the commencement of the deep hole into\nthe Gilt Deposit. A newly arrived drill with rod-pulling-assist will allow\nthis hole, targeting a 1200m+ depth, to advance more quickly.\n\nWork continues to progress on the Preliminary Economic Assessment (\"PEA\") with\nan estimated 6- to 8-week timeframe. The new mine plan will integrate both the\nWenot deposit and the adjacent intrusion-hosted Gilt Deposit. A new expanded\nMineral Resource Estimate for Omai was announced very recently (news release\nApril 14, 2026) and will form the basis for the upcoming PEA.\"\n\nWenot Northeast\n\nThese twelve holes were collared on 50m spaced section lines along a 450m\nstrike in the northeastern part of the Wenot shear-hosted gold deposit (Figure\n1). Wenot is one of the two orogenic gold deposits on the Omai property. These\nreported holes are part of a program designed to explore a series of apparent\nshear splays, on the far northern edge of the broad and prolific Wenot Shear\nCorridor. A number of previous gold intercepts in the uppermost part of drill\nholes that were focused on the zones to the south, suggested a series of\npossible splays off of the main Wenot shear to the northeast. Most of the\ncurrent holes confirmed this by intersecting shallower gold zones as far as\n310m north of the Wenot central contact zone. This further attests to the\noverall extent of the large Wenot gold system. Most of the splay intercepts\nare at depths of less than 210m, but as shallow as 65m. No deeper drilling has\nbeen done on these zones.\n\nGold was intersected in these splay zones in most of these sections with the\nbest intercepts being 4.77 g/t Au over 6.6m, 18.11 g/t over 1.5m, and 3.49 g/t\nAu over 16.9m (previously reported in hole 173, the upper part of hole 173W),\nall at less than a 210m vertical depth. These holes were continued south past\nthese splay zones to provide deeper intersections in the Dike Corridor. All\nbut one hole were continued as far south as the Central Contact quartz\nfeldspar porphyry and into the sedimentary sequence.\n\nThe gold zones associated with the splays are generally narrow but can be high\ngrade. From west to east, the splay intersections include:\n\n Drill Hole Intercept Vertical Depth \n \n 173 & 173W 3.49 g/t Au over 16.9m -110m \n 174W 8.42 g/t Au over 1.5m -190m \n 177 12.51 g/t Au over 1.0m -210m \n 0.69 g/t Au over 5.2m -170m \n 181 1.58 g/t Au over 1.3m -120m \n 1.71 g/t Au over 1.5m -200m \n 180 18.11 g/t Au over 1.5m -140m \n 3.84 g/t Au over 1.5m -190m \n 2.91 g/t Au over 1.4m -210m \n 179 0.67 g/t Au over 5.1m - 60m \n 2.05 g/t Au over 3.0m - 70m \n 176 2.34 g/t Au over 4.1m -125m \n 3.37 g/t Au over 3.3m -170m \n 175 4.77 g/t Au over 6.6m (VG) -170m \n 5.29 g/t Au over 1.5m -175m \n 178W 2.78 g/t Au over 1.5m -200m \n\nOngoing Work Towards Preliminary Economic Assessment\n\nThe Company's independent consultants (SLR Consulting (Canada) Ltd.) continue\nto advance on the various components of an updated Preliminary Economic\nAssessment (\"PEA\") which will include a larger mine plan to incorporate the\nGilt underground and a much-expanded Wenot super pit. Completion of the PEA is\nanticipated in the next six to eight weeks. Omai is also advancing on the\npermitting front, currently working through the final review of the terms and\nscope of an Environmental Impact Assessment (EIA) with the Guyana EPA. Results\nfor an extensive program of metallurgical test work are expected shortly for\n73 representative samples from the two deposits on the Omai Gold Project. All\ntechnical programs, including environmental assessment, metallurgy, tailings,\nand mine planning are being advanced to a standard aligned with\npre-feasibility and feasibility-level study requirements.\n\n(https://images.newsfilecorp.com/files/8712/299596_8abc6357f43c0bcf_001full.jpg)\n\nFigure 1. Plan Map of Wenot Showing Drill Hole Locations\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/8712/299596_8abc6357f43c0bcf_001full.jpg\n\nTable 1. Recent Wenot Drill Results*\n\n DDH FROM TO INTERVAL Grade Zone \n (m) (m) (m) (g/t Au) \n \n 26ODD-173W (upper previously reported) 387.5 399.0 11.5 2.63 Dike Corridor (in Volcanics) \n 407.2 415.3 8.05 3.68 \n 439.5 441.0 1.5 0.89 \n 466.3 467.6 1.23 1.08 \n 529.0 542.1 13.12 2.62 \n 546.7 547.9 1.23 4.77 \n 574.5 576.0 1.5 0.83 \n 587.4 593.0 5.6 0.68 \n 609.3 617.0 7.7 5.79 \n including 610.4 614.0 3.58 11.49 \n 681.0 688.5 7.5 0.35 CQFP \n \n 26ODD-174 85.9 88.5 2.6 0.36 Saprolite \n 105.7 107.0 1.23 0.44 Splay (in volcanics) \n \n 26ODD-174W 297.0 298.5 1.5 8.42 Dike Corridor (with QV and shears) \n 340.0 349.0 9 0.89 \n 372.0 373.1 1.13 2.05 \n 378.4 383.5 5.15 1.74 \n 400.0 410.1 10.09 0.51 \n 430.5 440.0 9.55 2.89 \n \n 26ODD-175 169.0 175.0 6 0.44 Dike Corridor (Felsic Dikes in volcanics) \n 255.4 262.0 6.6 4.77 \n including 259.0 262.0 3 9.27 \n 266.5 268.0 1.5 5.29 \n 271.5 275.0 3.5 0.95 \n 329.2 330.2 1 2.43 \n 386.5 401.6 15.1 0.51 \n 409.0 411.0 2 1.66 \n 425.5 427.0 1.5 0.69 \n 485.6 489.0 3.4 0.48 \n 511.5 516.7 5.18 2.87 CQFP \n 534.5 535.5 1 4.4 Sediments( Diorite dike) \n 539.5 540.5 1 4.12 \n 544.5 546.3 1.78 0.73 \n \n 26ODD-176 216.0 220.1 4.05 2.34 Diorite dike in Volcanics \n including 217.4 218.7 1.35 6.1 \n 259.4 262.7 3.3 3.37 Felsic Porphyry in Volcanics \n including 259.4 260.5 1.1 7.38 \n 269.1 271.5 2.45 0.83 Dike Corridor in Volcanics \n 275.0 278.8 3.8 3.83 \n 282.7 284.2 1.45 2.59 \n 310.5 315.0 4.5 0.57 \n 322.5 325.0 2.5 1.11 \n 347.2 357.0 9.72 0.81 CQFP \n 362.8 365.7 2.9 3.7 Sediments \n 381.7 387.7 6 0.36 \n 398.3 399.7 1.4 2.04 \n \n 26ODD-177 9.0 18.0 9 0.72 Saprolite \n 24.0 27.0 3 1.03 \n 259.9 265.1 5.15 0.69 Sheared Volcanics \n 315.0 316.0 1 12.51 Dike Corridor in Volcanics \n 321.5 329.0 7.5 0.3 \n \n 26ODD-177W 438.0 439.4 1.35 1.72 Dike Corridor in Volcanics \n 445.9 455.7 9.75 0.48 \n 468.6 472.5 3.95 1.15 \n 514.0 515.5 1.5 1.97 \n 521.5 526.0 4.5 1.19 \n 572.5 577.0 4.5 1.53 \n 587.5 590.5 3 0.37 \n 596.5 598.0 1.5 0.98 \n 602.5 611.5 9 0.46 \n 616.0 631.0 15 0.82 \n \n 26ODD-178 117.0 118.5 1.5 2.78 Saprolite \n \n 26ODD-178W 186.0 190.5 4.5 1.16 Dike Corridor in Volcanics \n 242.0 243.5 1.5 3 \n 254.0 256.7 2.7 3.77 CQFP \n 276.8 279.5 2.7 1.77 Sediments \n 283.5 286.2 2.7 1.12 \n 317.6 320.5 2.92 7.48 \n \n 26ODD-179 115.2 120.3 5.1 0.67 Splays in Volcanics \n 133.0 136.0 3 2.05 \n 288.0 289.5 1.5 0.99 Dike Corridor in Volcanics \n 363.5 366.5 3 0.97 \n 405.5 407.7 2.2 0.81 \n 510.6 519.4 8.8 2.54 CQFP \n including 516.7 519.4 2.7 6.48 \n 524.5 533.5 9 0.42 Sediments \n 557.5 559.0 1.5 1.64 \n \n 26ODD-180 228.2 229.6 1.45 18.11 Splays in Volcanics \n 289.7 291.2 1.5 3.84 \n 313.1 314.5 1.4 2.91 \n 416.9 418.2 1.35 2.85 Felsic Dikes and Breccia in Volcanics \n 428.7 431.0 2.3 14.07 \n including 429.9 431.0 1.15 27.43 \n 438.0 442.3 4.3 1.27 \n 446.3 447.8 1.45 1.01 \n 478.9 481.3 2.4 0.82 \n 504.4 525.0 20.6 8.54 \n including 505.7 508.2 2.5 25.89 \n including 517.8 523.6 5.8 13.42 \n 562.5 566.3 3.82 2.13 Sheared Felsic \n 575.8 588.0 12.25 3.43 CQFP, Sediments \n including 576.6 582.0 5.4 5.57 \n \n 26ODD-181 203.6 204.8 1.25 1.58 Splay in Volcanics \n 298.3 299.8 1.5 1.71 Shear \n 331.4 332.7 1.35 0.8 Dike Corridor in Volcanics \n 339.4 341.4 2 1.57 \n 491.9 499.5 7.65 1.6 \n 507.8 516.0 8.2 0.71 \n 556.5 561.7 5.15 3.16 \n 585.0 597.0 12 0.849 CQFP \n 633.0 634.5 1.5 1.65 Sediments \n 640.5 642.0 1.5 1.37 \n\n \n\n*True widths vary as mineralization at Wenot is generally hosted within\nstockwork vein systems with alteration halos, with an estimated true width\nrange of 70-90%. Cut-off grade 0.30 g/t Au with maximum 3.0m internal dilution\nis applied. **If indicated, a maximum 5.0m internal dilution was applied. All\ngrades are uncapped unless otherwise noted.\n\nQuality Control\n\nOmai maintains an internal QA/QC program to ensure sampling and analysis of\nall exploration work is conducted in accordance with best practices. Certified\nreference materials, blanks and duplicates are entered at regular intervals.\nSamples are sealed in plastic bags.\n\nDrill core samples (halved-core) were shipped to Act Labs, a certified\nlaboratory in Georgetown Guyana, respecting the best chain of custody\npractices. At the laboratory, samples are dried, crushed up to 80% passing 2\nmm, riffle split (250 g), and pulverized to 95% passing 105 μm, including\ncleaner sand. Fifty grams of pulverized material is then fire assayed by\natomic absorption spectrophotometry (AA). Initial assays with results above\n3.0 ppm gold are re-assayed using a gravimetric finish. For samples with\nvisible gold and surrounding samples within deemed gold zones, two separate\n250g or 500g pulverized samples are prepared, with 50 grams of each fire\nassayed by atomic absorption spectrophotometry, with assays above 3.0 ppm gold\nbeing re-assayed using a gravimetric finish. Certified reference materials and\nblanks meet with QA/QC specifications.\n\nQualified Person\n\nElaine Ellingham, P.Geo., is a Qualified Person (QP) under National Instrument\n43-101 \"Standards of Disclosure for Mineral Projects\" and has reviewed and\napproved the technical information contained in this news release. Ms.\nEllingham is a director and officer of the Company and is not considered to be\nindependent for the purposes of National Instrument 43-101.\n\nABOUT OMAI GOLD\n\nOmai Gold Mines Corp. is a Canadian gold exploration and development company\nfocused on rapidly expanding the two orogenic gold deposits at its 100%-owned\nOmai Gold Project in mining-friendly Guyana, South America. The Company has\nestablished the Omai Gold Project as one of the fastest growing and\nwell-endowed gold camps in the prolific Guiana Shield.\n\nIn April 2026, the Company announced an updated NI 43-101 Mineral Resource\nEstimate(1) (MRE) which included expansions to both the Wenot Deposit and Gilt\nDeposit. Most significantly, the Wenot Indicated MRE increased 49.8% to\n1,453,000 ounces (\"oz\") of gold with an average grade of 1.59 g/t Au,\ncontained in 28.4 million tonnes (\"Mt\") and the Wenot Inferred MRE increased\n7.6% to 3,999,000 oz grading 1.35 g/t Au, contained in 92.4 Mt. Similarly, the\nadjacent Gilt Deposit saw an overall increase in ounces over the previous MRE.\nGilt's Inferred MRE increased 120% to 1,465,000 oz averaging 3.22 g/t Au (in\n14.2 Mt), while the Indicated MRE decreased by 9.5% to 1,042,000 oz averaging\n3.33 g/t Au (in 9.7 Mt).\n\nFive diamond drills have commenced a 50,000m program for 2026: at Wenot the\nfocus is to further test the limits of the deposit, including both east and\nwest, and to commence converting the large Inferred MRE to Indicated.\nAdditional drilling will continue to explore certain known gold occurrences\nfor possible near-surface higher-grade satellite deposits. Following the\ncurrent updated MRE, an updated PEA is planned for Q3 2026 to include the\nexpanded Wenot open pit deposit and the adjacent Gilt Creek underground\ndeposit. The Omai Gold Mine produced over 3.7 million ounces of gold from 1993\nto 2005(2), ceasing operations when gold was below US$400 per ounce. The Omai\nsite significantly benefits from existing infrastructure, including an on-site\nairstrip, and is connected by road to the two largest cities in Guyana,\nGeorgetown and Linden.\n\n(1) Omai Gold Mines news release titled \"Omai Gold Increases Indicated Mineral\nResources to 2.5 Moz Au at 2.04 g/t Au (38.1 Mt) and Inferred to 5.5 Moz Au at\n1.59 g/t Au (106.6 Mt) with Expansion of Wenot and Gilt Deposits\" dated April\n14, 2026.\n\n(2) Past production at the Omai Mine (1993-2005) is summarized in several\nCambior Inc. documents available on www.sedarplus.ca, including March 31, 2006\nAIF and news release August 3, 2006.\n\nFor further information, please see our website www.omaigoldmines.com or\ncontact:\n\nElaine Ellingham, P.Geo.\nPresident & CEO\nelaine@omaigoldmines.com\n+1.416.473.5351\n\nTable 2. Drill Hole Coordinates\n\n Hole ID Azimuth Inclination Easting Northing Length Status \n (degrees) (degrees) (m) \n 26ODD-173W 175 -54 305530 601930 718.2 Reporting \n 26ODD-174 175 -53 305580 601880 181.7 Reporting \n 26ODD-174W 175 -53 305580 601880 460.1 Reporting \n 26ODD-175 175 -51 305930 601760 562.5 Reporting \n 26ODD-176 176 -49 305878 601700 494.3 Reporting \n 26ODD-177 175 -56 305680 601905 361.9 Reporting \n 26ODD-177W 175 -56 305680 601905 648.8 Reporting \n 26ODD-178 173 -45 305978 601654 175.5 Reporting \n 26ODD-178W 173 -45 305978 601654 442.4 Reporting \n 26ODD-179 175 -53 305833 601777 608.3 Reporting \n 26ODD-180 175 -54 305780 601823 601.3 Reporting \n 26ODD-181 175 -52 305730 601855 649.6 Reporting \n\n \n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nCautionary Note Regarding Forward-Looking Statements\n\nThis news release includes certain \"forward-looking statements\" under\napplicable Canadian securities legislation. Forward-looking statements\ninclude, but are not limited to, statements with respect to the timing of\ncompletion of the drill program, and the potential for the Omai Gold Project\nto allow Omai to build significant gold Mineral Resources at attractive\ngrades, and forward-looking statements are necessarily based upon a number of\nestimates and assumptions that, while considered reasonable, are subject to\nknown and unknown risks, uncertainties and other factors which may cause the\nactual results and future events to differ materially from those expressed or\nimplied by such forward-looking statements. Such factors include, but are not\nlimited to general business, economic, competitive, political and social\nuncertainties; delay or failure to receive regulatory approvals; the price of\ngold and copper; and the results of current exploration. Further, the Mineral\nResource data set out in this news release are estimates, and no assurance can\nbe given that the anticipated tonnages and grades will be achieved or that the\nindicated level of process recovery will be realized. There can be no\nassurance that forward-looking statements will prove to be accurate, as actual\nresults and future events could differ materially from those anticipated in\nsuch statements. Accordingly, readers should not place undue reliance on\nforward-looking statements. The Company disclaims any intention or obligation\nto update or revise any forward-looking statements, whether as a result of new\ninformation, future events or otherwise, except as required by law.\n\nCautionary Note Regarding Mineral Resource Estimates\n\nUntil mineral deposits are actually mined and processed, Mineral Resources\nmust be considered as estimates only. Mineral Resource Estimates that are not\nMineral Reserves have not demonstrated economic viability. The estimation of\nMineral Resources is inherently uncertain, involves subjective judgement about\nmany relevant factors and may be materially affected by, among other things,\nenvironmental, permitting, legal, title, taxation, socio-political, marketing,\nor other relevant risks, uncertainties, contingencies and other factors\ndescribed in the Company's public disclosure available on SEDAR+ at\nwww.sedarplus.ca. The Inferred Mineral Resource in this estimate has a lower\nlevel of confidence than that applied to an Indicated Mineral Resource and\nmust not be converted to a Mineral Reserve. It is reasonably expected that the\nmajority of the Inferred Mineral Resource could be upgraded to an Indicated\nMineral Resource with continued exploration. The accuracy of any Mineral\nResource Estimates is a function of the quantity and quality of available\ndata, and of the assumptions made and judgments used in engineering and\ngeological interpretation, which may prove to be unreliable and depend, to a\ncertain extent, upon the analysis of drilling results and statistical\ninferences that may ultimately prove to be inaccurate. Mineral Resource\nEstimates may have to be re-estimated based on, among other things: (i)\nfluctuations in mineral prices; (ii) results of drilling, and development;\n(iii) results of future test mining and other testing; (iv) metallurgical\ntesting and other studies; (v) results of geological and structural modeling\nincluding block model design; (vi) proposed mining operations, including\ndilution; (vii) the evaluation of future mine plans subsequent to the date of\nany estimates; and (viii) the possible failure to receive required permits,\nlicenses and other approvals. It cannot be assumed that all or any part of a\n\"Inferred\" or \"Indicated\" Mineral Resource Estimate will ever be upgraded to a\nhigher category. The Mineral Resource Estimates disclosed in this news release\nwere reported using Canadian Institute of Mining, Metallurgy and Petroleum\nDefinition Standards for Mineral Resources and Mineral Reserves (the \"CIM\nStandards\") in accordance with National Instrument 43-101- Standards of\nDisclosure for Mineral Projects of the Canadian Securities Administrators (\"NI\n43-101\").\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/299596","article_body_html":"","raw_payload":{"data":{"id":"nNFC6M0dZZ","title":"Omai Gold Drills 8.54 g/t Au over 20.6m at Northeast Wenot and Commences Deep Hole on Gilt Deposit","author":"Newsfile Corp","ticker":"OMG","created":"2026-06-01T10:41:55.063Z","tickers":["OMG"],"exchange":"","article_body":"Toronto, Ontario--(Newsfile Corp. - June 1, 2026) - Omai Gold Mines Corp.\n(TSXV: OMG) (OTCQB: OMGGF) (\"Omai Gold\" or the \"Company\") is pleased to\nannounce assay results from eight additional diamond drill holes and four\nrelated wedged holes, from the current 50,000m drilling program at its 100%\nowned Omai Gold Project in Guyana, South America. Five rigs continue drilling\nat Omai. One drill has commenced drilling on a planned deep hole to test the\ndepth extension of the Gilt Deposit.\n\nAssay results are reported for eight holes collared across a 450m strike along\nthe northeastern area of the Wenot shear-hosted deposit (Figure 1). Four\nadditional holes reported were wedged for more targeted drilling. Wenot is one\nof the two orogenic gold deposits on the Omai property. These reported holes,\ncollared further to the north, were designed to explore a series of apparent\nsplays off of the northern side of the broad Wenot east-west shear corridor,\nand also to test for the down-dip extensions of the Dike Corridor gold zones.\nAll of these holes were drilled to the south, testing the northern splays,\nthen the gold zones within the prolific Dike Corridor. All but one hole\ncontinued further south to provide a deeper cut of the Dike Corridor, test the\ncentral contact with the Central Quartz Feldspar Porphyry zone (CQFP) and\ncontinue into the southern sedimentary sequence.\n\nThe best results from the northern splays included 4.77 g/t Au over 6.6m,\n18.11 g/t Au over 1.5m, and 3.49 g/t Au over 16.9m (in the upper part of hole\n173 previously reported), these all being above a 210m vertical depth and as\nfar as 300m north of the CQFP. The best assays within the Dike Corridor\nincluded 8.54 g/t Au over 20.6m, 5.79 g/t Au over 7.7m, 14.07 g/t Au over 2.3m\nand 4.77 g/t Au over 6.6m. Most holes extended the Dike Corridor zones at\nleast 50-75m downdip. Assays returned from the CQFP zone included 3.43 g/t Au\nover 12.25m and 2.54 g/t Au over 8.8m. One zone further into the southern\nsediments ran 7.48 g/t Au over 2.92m. These results continue to confirm the\ncontinuity and robustness of the main gold zones at Wenot, as well as\nextending these northeastern splays that would fall within the proposed pit.\n\nHighlights* from the recent drilling include:\n(refer to Table 1 for full assays and downhole depths):\n* Hole 26ODD-180* 8.54 g/t Au over 20.6m* Including 25.89 g/t Au over 2.5m\n* Including 13.42 g/t Au over 5.8m\n\n* 3.43 g/t Au over 12.3m* Including 5.57 g/t Au over 5.4m\n\n\n* Hole 26ODD-173W* 2.63 g/t Au over 11.5m\n* 3.68 g/t Au over 8.1m\n* 2.62 g/t Au over 13.1m\n* 5.79 g/t Au over 7.7m* Including 11.49 g/t Au over 3.6m\n\n\n* Hole 26ODD-175* 4.77 g/t Au over 6.6m* Including 9.27 g/t Au over 3.0m\n\n\n* Hole 26ODD-178W* 7.48 g/t Au over 2.9m\n\n* Hole 26ODD-179* 2.54 g/t Au over 8.8m* Including 6.48 g/t Au over 2.7m\nElaine Ellingham, President & CEO commented: \"The 50,000m drill program at\nOmai is advancing quickly with the five drills turning. To date this year,\n23,685m has been drilled. The results of these twelve holes reported today is\nagain a positive for Wenot. They explored the potential of a series of splays\nwe had encountered in a few holes on the under-drilled northeastern flank of\nthe Wenot deposit. These holes confirm the strike extension of these shallow\nzones that fall within the proposed pit area, but are far outside the area of\nhistorical mining. These holes were continued to the south, intersecting the\nmain Wenot gold zones, the most impressive being 8.54 g/t Au over 20.6m that\nincluded two high grade intervals: 25.89 g/t Au over 2.5m and 13.42 g/t Au\nover 5.8m within an interval of felsic dikes and breccia within the Dike\nCorridor roughly 60m north of the central contact porphyry. Multiple\nimpressive drill intersections in the Dike Corridor continue to speak to the\nongoing strength of this project. Further east of this area remains\nunder-explored.\n\nWe were on-site at Omai last week for the commencement of the deep hole into\nthe Gilt Deposit. A newly arrived drill with rod-pulling-assist will allow\nthis hole, targeting a 1200m+ depth, to advance more quickly.\n\nWork continues to progress on the Preliminary Economic Assessment (\"PEA\") with\nan estimated 6- to 8-week timeframe. The new mine plan will integrate both the\nWenot deposit and the adjacent intrusion-hosted Gilt Deposit. A new expanded\nMineral Resource Estimate for Omai was announced very recently (news release\nApril 14, 2026) and will form the basis for the upcoming PEA.\"\n\nWenot Northeast\n\nThese twelve holes were collared on 50m spaced section lines along a 450m\nstrike in the northeastern part of the Wenot shear-hosted gold deposit (Figure\n1). Wenot is one of the two orogenic gold deposits on the Omai property. These\nreported holes are part of a program designed to explore a series of apparent\nshear splays, on the far northern edge of the broad and prolific Wenot Shear\nCorridor. A number of previous gold intercepts in the uppermost part of drill\nholes that were focused on the zones to the south, suggested a series of\npossible splays off of the main Wenot shear to the northeast. Most of the\ncurrent holes confirmed this by intersecting shallower gold zones as far as\n310m north of the Wenot central contact zone. This further attests to the\noverall extent of the large Wenot gold system. Most of the splay intercepts\nare at depths of less than 210m, but as shallow as 65m. No deeper drilling has\nbeen done on these zones.\n\nGold was intersected in these splay zones in most of these sections with the\nbest intercepts being 4.77 g/t Au over 6.6m, 18.11 g/t over 1.5m, and 3.49 g/t\nAu over 16.9m (previously reported in hole 173, the upper part of hole 173W),\nall at less than a 210m vertical depth. These holes were continued south past\nthese splay zones to provide deeper intersections in the Dike Corridor. All\nbut one hole were continued as far south as the Central Contact quartz\nfeldspar porphyry and into the sedimentary sequence.\n\nThe gold zones associated with the splays are generally narrow but can be high\ngrade. From west to east, the splay intersections include:\n\n Drill Hole Intercept Vertical Depth \n \n 173 & 173W 3.49 g/t Au over 16.9m -110m \n 174W 8.42 g/t Au over 1.5m -190m \n 177 12.51 g/t Au over 1.0m -210m \n 0.69 g/t Au over 5.2m -170m \n 181 1.58 g/t Au over 1.3m -120m \n 1.71 g/t Au over 1.5m -200m \n 180 18.11 g/t Au over 1.5m -140m \n 3.84 g/t Au over 1.5m -190m \n 2.91 g/t Au over 1.4m -210m \n 179 0.67 g/t Au over 5.1m - 60m \n 2.05 g/t Au over 3.0m - 70m \n 176 2.34 g/t Au over 4.1m -125m \n 3.37 g/t Au over 3.3m -170m \n 175 4.77 g/t Au over 6.6m (VG) -170m \n 5.29 g/t Au over 1.5m -175m \n 178W 2.78 g/t Au over 1.5m -200m \n\nOngoing Work Towards Preliminary Economic Assessment\n\nThe Company's independent consultants (SLR Consulting (Canada) Ltd.) continue\nto advance on the various components of an updated Preliminary Economic\nAssessment (\"PEA\") which will include a larger mine plan to incorporate the\nGilt underground and a much-expanded Wenot super pit. Completion of the PEA is\nanticipated in the next six to eight weeks. Omai is also advancing on the\npermitting front, currently working through the final review of the terms and\nscope of an Environmental Impact Assessment (EIA) with the Guyana EPA. Results\nfor an extensive program of metallurgical test work are expected shortly for\n73 representative samples from the two deposits on the Omai Gold Project. All\ntechnical programs, including environmental assessment, metallurgy, tailings,\nand mine planning are being advanced to a standard aligned with\npre-feasibility and feasibility-level study requirements.\n\n(https://images.newsfilecorp.com/files/8712/299596_8abc6357f43c0bcf_001full.jpg)\n\nFigure 1. Plan Map of Wenot Showing Drill Hole Locations\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/8712/299596_8abc6357f43c0bcf_001full.jpg\n\nTable 1. Recent Wenot Drill Results*\n\n DDH FROM TO INTERVAL Grade Zone \n (m) (m) (m) (g/t Au) \n \n 26ODD-173W (upper previously reported) 387.5 399.0 11.5 2.63 Dike Corridor (in Volcanics) \n 407.2 415.3 8.05 3.68 \n 439.5 441.0 1.5 0.89 \n 466.3 467.6 1.23 1.08 \n 529.0 542.1 13.12 2.62 \n 546.7 547.9 1.23 4.77 \n 574.5 576.0 1.5 0.83 \n 587.4 593.0 5.6 0.68 \n 609.3 617.0 7.7 5.79 \n including 610.4 614.0 3.58 11.49 \n 681.0 688.5 7.5 0.35 CQFP \n \n 26ODD-174 85.9 88.5 2.6 0.36 Saprolite \n 105.7 107.0 1.23 0.44 Splay (in volcanics) \n \n 26ODD-174W 297.0 298.5 1.5 8.42 Dike Corridor (with QV and shears) \n 340.0 349.0 9 0.89 \n 372.0 373.1 1.13 2.05 \n 378.4 383.5 5.15 1.74 \n 400.0 410.1 10.09 0.51 \n 430.5 440.0 9.55 2.89 \n \n 26ODD-175 169.0 175.0 6 0.44 Dike Corridor (Felsic Dikes in volcanics) \n 255.4 262.0 6.6 4.77 \n including 259.0 262.0 3 9.27 \n 266.5 268.0 1.5 5.29 \n 271.5 275.0 3.5 0.95 \n 329.2 330.2 1 2.43 \n 386.5 401.6 15.1 0.51 \n 409.0 411.0 2 1.66 \n 425.5 427.0 1.5 0.69 \n 485.6 489.0 3.4 0.48 \n 511.5 516.7 5.18 2.87 CQFP \n 534.5 535.5 1 4.4 Sediments( Diorite dike) \n 539.5 540.5 1 4.12 \n 544.5 546.3 1.78 0.73 \n \n 26ODD-176 216.0 220.1 4.05 2.34 Diorite dike in Volcanics \n including 217.4 218.7 1.35 6.1 \n 259.4 262.7 3.3 3.37 Felsic Porphyry in Volcanics \n including 259.4 260.5 1.1 7.38 \n 269.1 271.5 2.45 0.83 Dike Corridor in Volcanics \n 275.0 278.8 3.8 3.83 \n 282.7 284.2 1.45 2.59 \n 310.5 315.0 4.5 0.57 \n 322.5 325.0 2.5 1.11 \n 347.2 357.0 9.72 0.81 CQFP \n 362.8 365.7 2.9 3.7 Sediments \n 381.7 387.7 6 0.36 \n 398.3 399.7 1.4 2.04 \n \n 26ODD-177 9.0 18.0 9 0.72 Saprolite \n 24.0 27.0 3 1.03 \n 259.9 265.1 5.15 0.69 Sheared Volcanics \n 315.0 316.0 1 12.51 Dike Corridor in Volcanics \n 321.5 329.0 7.5 0.3 \n \n 26ODD-177W 438.0 439.4 1.35 1.72 Dike Corridor in Volcanics \n 445.9 455.7 9.75 0.48 \n 468.6 472.5 3.95 1.15 \n 514.0 515.5 1.5 1.97 \n 521.5 526.0 4.5 1.19 \n 572.5 577.0 4.5 1.53 \n 587.5 590.5 3 0.37 \n 596.5 598.0 1.5 0.98 \n 602.5 611.5 9 0.46 \n 616.0 631.0 15 0.82 \n \n 26ODD-178 117.0 118.5 1.5 2.78 Saprolite \n \n 26ODD-178W 186.0 190.5 4.5 1.16 Dike Corridor in Volcanics \n 242.0 243.5 1.5 3 \n 254.0 256.7 2.7 3.77 CQFP \n 276.8 279.5 2.7 1.77 Sediments \n 283.5 286.2 2.7 1.12 \n 317.6 320.5 2.92 7.48 \n \n 26ODD-179 115.2 120.3 5.1 0.67 Splays in Volcanics \n 133.0 136.0 3 2.05 \n 288.0 289.5 1.5 0.99 Dike Corridor in Volcanics \n 363.5 366.5 3 0.97 \n 405.5 407.7 2.2 0.81 \n 510.6 519.4 8.8 2.54 CQFP \n including 516.7 519.4 2.7 6.48 \n 524.5 533.5 9 0.42 Sediments \n 557.5 559.0 1.5 1.64 \n \n 26ODD-180 228.2 229.6 1.45 18.11 Splays in Volcanics \n 289.7 291.2 1.5 3.84 \n 313.1 314.5 1.4 2.91 \n 416.9 418.2 1.35 2.85 Felsic Dikes and Breccia in Volcanics \n 428.7 431.0 2.3 14.07 \n including 429.9 431.0 1.15 27.43 \n 438.0 442.3 4.3 1.27 \n 446.3 447.8 1.45 1.01 \n 478.9 481.3 2.4 0.82 \n 504.4 525.0 20.6 8.54 \n including 505.7 508.2 2.5 25.89 \n including 517.8 523.6 5.8 13.42 \n 562.5 566.3 3.82 2.13 Sheared Felsic \n 575.8 588.0 12.25 3.43 CQFP, Sediments \n including 576.6 582.0 5.4 5.57 \n \n 26ODD-181 203.6 204.8 1.25 1.58 Splay in Volcanics \n 298.3 299.8 1.5 1.71 Shear \n 331.4 332.7 1.35 0.8 Dike Corridor in Volcanics \n 339.4 341.4 2 1.57 \n 491.9 499.5 7.65 1.6 \n 507.8 516.0 8.2 0.71 \n 556.5 561.7 5.15 3.16 \n 585.0 597.0 12 0.849 CQFP \n 633.0 634.5 1.5 1.65 Sediments \n 640.5 642.0 1.5 1.37 \n\n \n\n*True widths vary as mineralization at Wenot is generally hosted within\nstockwork vein systems with alteration halos, with an estimated true width\nrange of 70-90%. Cut-off grade 0.30 g/t Au with maximum 3.0m internal dilution\nis applied. **If indicated, a maximum 5.0m internal dilution was applied. All\ngrades are uncapped unless otherwise noted.\n\nQuality Control\n\nOmai maintains an internal QA/QC program to ensure sampling and analysis of\nall exploration work is conducted in accordance with best practices. Certified\nreference materials, blanks and duplicates are entered at regular intervals.\nSamples are sealed in plastic bags.\n\nDrill core samples (halved-core) were shipped to Act Labs, a certified\nlaboratory in Georgetown Guyana, respecting the best chain of custody\npractices. At the laboratory, samples are dried, crushed up to 80% passing 2\nmm, riffle split (250 g), and pulverized to 95% passing 105 μm, including\ncleaner sand. Fifty grams of pulverized material is then fire assayed by\natomic absorption spectrophotometry (AA). Initial assays with results above\n3.0 ppm gold are re-assayed using a gravimetric finish. For samples with\nvisible gold and surrounding samples within deemed gold zones, two separate\n250g or 500g pulverized samples are prepared, with 50 grams of each fire\nassayed by atomic absorption spectrophotometry, with assays above 3.0 ppm gold\nbeing re-assayed using a gravimetric finish. Certified reference materials and\nblanks meet with QA/QC specifications.\n\nQualified Person\n\nElaine Ellingham, P.Geo., is a Qualified Person (QP) under National Instrument\n43-101 \"Standards of Disclosure for Mineral Projects\" and has reviewed and\napproved the technical information contained in this news release. Ms.\nEllingham is a director and officer of the Company and is not considered to be\nindependent for the purposes of National Instrument 43-101.\n\nABOUT OMAI GOLD\n\nOmai Gold Mines Corp. is a Canadian gold exploration and development company\nfocused on rapidly expanding the two orogenic gold deposits at its 100%-owned\nOmai Gold Project in mining-friendly Guyana, South America. The Company has\nestablished the Omai Gold Project as one of the fastest growing and\nwell-endowed gold camps in the prolific Guiana Shield.\n\nIn April 2026, the Company announced an updated NI 43-101 Mineral Resource\nEstimate(1) (MRE) which included expansions to both the Wenot Deposit and Gilt\nDeposit. Most significantly, the Wenot Indicated MRE increased 49.8% to\n1,453,000 ounces (\"oz\") of gold with an average grade of 1.59 g/t Au,\ncontained in 28.4 million tonnes (\"Mt\") and the Wenot Inferred MRE increased\n7.6% to 3,999,000 oz grading 1.35 g/t Au, contained in 92.4 Mt. Similarly, the\nadjacent Gilt Deposit saw an overall increase in ounces over the previous MRE.\nGilt's Inferred MRE increased 120% to 1,465,000 oz averaging 3.22 g/t Au (in\n14.2 Mt), while the Indicated MRE decreased by 9.5% to 1,042,000 oz averaging\n3.33 g/t Au (in 9.7 Mt).\n\nFive diamond drills have commenced a 50,000m program for 2026: at Wenot the\nfocus is to further test the limits of the deposit, including both east and\nwest, and to commence converting the large Inferred MRE to Indicated.\nAdditional drilling will continue to explore certain known gold occurrences\nfor possible near-surface higher-grade satellite deposits. Following the\ncurrent updated MRE, an updated PEA is planned for Q3 2026 to include the\nexpanded Wenot open pit deposit and the adjacent Gilt Creek underground\ndeposit. The Omai Gold Mine produced over 3.7 million ounces of gold from 1993\nto 2005(2), ceasing operations when gold was below US$400 per ounce. The Omai\nsite significantly benefits from existing infrastructure, including an on-site\nairstrip, and is connected by road to the two largest cities in Guyana,\nGeorgetown and Linden.\n\n(1) Omai Gold Mines news release titled \"Omai Gold Increases Indicated Mineral\nResources to 2.5 Moz Au at 2.04 g/t Au (38.1 Mt) and Inferred to 5.5 Moz Au at\n1.59 g/t Au (106.6 Mt) with Expansion of Wenot and Gilt Deposits\" dated April\n14, 2026.\n\n(2) Past production at the Omai Mine (1993-2005) is summarized in several\nCambior Inc. documents available on www.sedarplus.ca, including March 31, 2006\nAIF and news release August 3, 2006.\n\nFor further information, please see our website www.omaigoldmines.com or\ncontact:\n\nElaine Ellingham, P.Geo.\nPresident & CEO\nelaine@omaigoldmines.com\n+1.416.473.5351\n\nTable 2. Drill Hole Coordinates\n\n Hole ID Azimuth Inclination Easting Northing Length Status \n (degrees) (degrees) (m) \n 26ODD-173W 175 -54 305530 601930 718.2 Reporting \n 26ODD-174 175 -53 305580 601880 181.7 Reporting \n 26ODD-174W 175 -53 305580 601880 460.1 Reporting \n 26ODD-175 175 -51 305930 601760 562.5 Reporting \n 26ODD-176 176 -49 305878 601700 494.3 Reporting \n 26ODD-177 175 -56 305680 601905 361.9 Reporting \n 26ODD-177W 175 -56 305680 601905 648.8 Reporting \n 26ODD-178 173 -45 305978 601654 175.5 Reporting \n 26ODD-178W 173 -45 305978 601654 442.4 Reporting \n 26ODD-179 175 -53 305833 601777 608.3 Reporting \n 26ODD-180 175 -54 305780 601823 601.3 Reporting \n 26ODD-181 175 -52 305730 601855 649.6 Reporting \n\n \n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nCautionary Note Regarding Forward-Looking Statements\n\nThis news release includes certain \"forward-looking statements\" under\napplicable Canadian securities legislation. Forward-looking statements\ninclude, but are not limited to, statements with respect to the timing of\ncompletion of the drill program, and the potential for the Omai Gold Project\nto allow Omai to build significant gold Mineral Resources at attractive\ngrades, and forward-looking statements are necessarily based upon a number of\nestimates and assumptions that, while considered reasonable, are subject to\nknown and unknown risks, uncertainties and other factors which may cause the\nactual results and future events to differ materially from those expressed or\nimplied by such forward-looking statements. Such factors include, but are not\nlimited to general business, economic, competitive, political and social\nuncertainties; delay or failure to receive regulatory approvals; the price of\ngold and copper; and the results of current exploration. Further, the Mineral\nResource data set out in this news release are estimates, and no assurance can\nbe given that the anticipated tonnages and grades will be achieved or that the\nindicated level of process recovery will be realized. There can be no\nassurance that forward-looking statements will prove to be accurate, as actual\nresults and future events could differ materially from those anticipated in\nsuch statements. Accordingly, readers should not place undue reliance on\nforward-looking statements. The Company disclaims any intention or obligation\nto update or revise any forward-looking statements, whether as a result of new\ninformation, future events or otherwise, except as required by law.\n\nCautionary Note Regarding Mineral Resource Estimates\n\nUntil mineral deposits are actually mined and processed, Mineral Resources\nmust be considered as estimates only. Mineral Resource Estimates that are not\nMineral Reserves have not demonstrated economic viability. The estimation of\nMineral Resources is inherently uncertain, involves subjective judgement about\nmany relevant factors and may be materially affected by, among other things,\nenvironmental, permitting, legal, title, taxation, socio-political, marketing,\nor other relevant risks, uncertainties, contingencies and other factors\ndescribed in the Company's public disclosure available on SEDAR+ at\nwww.sedarplus.ca. The Inferred Mineral Resource in this estimate has a lower\nlevel of confidence than that applied to an Indicated Mineral Resource and\nmust not be converted to a Mineral Reserve. It is reasonably expected that the\nmajority of the Inferred Mineral Resource could be upgraded to an Indicated\nMineral Resource with continued exploration. The accuracy of any Mineral\nResource Estimates is a function of the quantity and quality of available\ndata, and of the assumptions made and judgments used in engineering and\ngeological interpretation, which may prove to be unreliable and depend, to a\ncertain extent, upon the analysis of drilling results and statistical\ninferences that may ultimately prove to be inaccurate. Mineral Resource\nEstimates may have to be re-estimated based on, among other things: (i)\nfluctuations in mineral prices; (ii) results of drilling, and development;\n(iii) results of future test mining and other testing; (iv) metallurgical\ntesting and other studies; (v) results of geological and structural modeling\nincluding block model design; (vi) proposed mining operations, including\ndilution; (vii) the evaluation of future mine plans subsequent to the date of\nany estimates; and (viii) the possible failure to receive required permits,\nlicenses and other approvals. It cannot be assumed that all or any part of a\n\"Inferred\" or \"Indicated\" Mineral Resource Estimate will ever be upgraded to a\nhigher category. The Mineral Resource Estimates disclosed in this news release\nwere reported using Canadian Institute of Mining, Metallurgy and Petroleum\nDefinition Standards for Mineral Resources and Mineral Reserves (the \"CIM\nStandards\") in accordance with National Instrument 43-101- Standards of\nDisclosure for Mineral Projects of the Canadian Securities Administrators (\"NI\n43-101\").\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/299596"},"type":"article","timestamp":"2026-06-01T10:41:55.131012908Z","server_sent_at_ms":1780310515131},"received_at":"2026-06-01T10:41:55.294Z","source_url":"https://www.newsfilecorp.com/release/299596"},"analysis":{"id":"39939","press_release_id":"50507","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":[],"eventType":"operations_update","narrative":"Omai Gold reported high-grade drill results from the Wenot deposit, headlined by 8.54 g/t Au over 20.6m in hole 26ODD-180.\n\nThe intercept includes two high-grade intervals of 25.89 g/t Au over 2.5m and 13.42 g/t Au over 5.8m within the Dike Corridor.\n\nThese results confirm the continuity of the Wenot system and support the upcoming Preliminary Economic Assessment (PEA), expected in 6-8 weeks.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Strong high-grade intersections at Wenot reinforce resource growth narrative ahead of Q3 PEA."},"keyFigures":{"customDimensions":{"best_grade":"8.54 g/t Au","best_interval":"20.6m","gilt_inferred_oz":1465000,"gilt_indicated_oz":1042000,"wenot_inferred_oz":3999000,"drill_program_size":"50,000m","wenot_indicated_oz":1453000,"drill_meters_to_date":"23,685m","wenot_indicated_grade":"1.59 g/t Au","high_grade_inclusion_1":"25.89 g/t Au over 2.5m","high_grade_inclusion_2":"13.42 g/t Au over 5.8m"}},"quotedText":"The results of these twelve holes reported today is again a positive for Wenot.","namedEntities":{"people":[{"name":"Elaine Ellingham","role":"President & CEO"}],"products":[],"companies":[{"name":"Omai Gold Mines Corp.","ticker":"OMG","relationship":"filer"},{"name":"SLR Consulting (Canada) Ltd.","relationship":"consultant"},{"name":"Act Labs","relationship":"laboratory"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"High-grade drill results (8.54 g/t Au over 20.6m) confirm continuity and robustness of the Wenot deposit, supporting the upcoming PEA. This is a positive exploration update for a development-stage miner, but not a binary event like an M&A or PEA release."},"tickerRelevance":{"others":[],"primary":"OMG"},"globalImportance":25,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"exploration_update","sectorWeight":"moderate","householdBrandBoost":0,"marketCapAdjustment":"low","retailFavoriteBoost":0}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Omai Gold reported high-grade drill results from the Wenot deposit, headlined by 8.54 g/t Au over 20.6m in hole 26ODD-180.\n\nThe intercept includes two high-grade intervals of 25.89 g/t Au over 2.5m and 13.42 g/t Au over 5.8m within the Dike Corridor.\n\nThese results confirm the continuity of the Wenot system and support the upcoming Preliminary Economic Assessment (PEA), expected in 6-8 weeks.","key_figures":{"customDimensions":{"best_grade":"8.54 g/t Au","best_interval":"20.6m","gilt_inferred_oz":1465000,"gilt_indicated_oz":1042000,"wenot_inferred_oz":3999000,"drill_program_size":"50,000m","wenot_indicated_oz":1453000,"drill_meters_to_date":"23,685m","wenot_indicated_grade":"1.59 g/t Au","high_grade_inclusion_1":"25.89 g/t Au over 2.5m","high_grade_inclusion_2":"13.42 g/t Au over 5.8m"}},"named_entities":{"people":[{"name":"Elaine Ellingham","role":"President & CEO"}],"products":[],"companies":[{"name":"Omai Gold Mines Corp.","ticker":"OMG","relationship":"filer"},{"name":"SLR Consulting (Canada) Ltd.","relationship":"consultant"},{"name":"Act Labs","relationship":"laboratory"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-01T10:43:11.893Z","global_importance":25,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap","eventGravity":"exploration_update","sectorWeight":"moderate","householdBrandBoost":0,"marketCapAdjustment":"low","retailFavoriteBoost":0}},"durationMs":76586,"modelName":"george-droid-qwen-72b"}}