None
AF
Omai hires UK firm to update resource, economic assessment
[]
Kaieteur News
Omai hires UK firm to update resource, economic assessment(Kaieteur News) – Omai Gold Mines has engaged UK-firm SLR Consulting to deliver an updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) for its gold project in Guyana.
The Canadian miner subsidiary, Avalon Gold Exploration Inc. is the 100-percent owner of the Omai Gold Project in Region Seven.
Last month, the company applied for environmental authorisation for the gold project.
An August 2025 MRE outlined a 96% increase to the Wenot Gold Deposit to 970,000 ounces of gold (Indicated) and 3,717,000 ounces of gold (Inferred).
The Omai Gold Mine produced over 3.7 million ounces of gold from 1993 to 20052, ceasing operations when gold was below US$400 per ounce.