Omai Gold Mines Corp. announced additional outstanding drill results from the Company's Omai gold project in Guyana. Diamond drilling has focused on exploration targets and on demonstrating the significant expansion potential for the Wenot resource.

A total of 3,569 metres ("m") have been completed in 11 holes in 2023. Results are reported for hole 23ODD-063, where visible gold was identified in 37 locations along 299 m of core. Highlights for hole 23ODD-063 at Wenot include: 4.07 g/t Au over 31.1 m, 3.38 g/t Au over 9.6 m, 14.21 g/t Au over 1.8 m, and 3.09 g/t Au over 6.8 m. Hole 23ODD-063 is at the west end of Wenot, where no previous mining was done below the surficial saprolite.

The NI 43-101 Mineral Resource Estimate for Wenot spans a 2.4 km strike length, and the western 750 m may be well suited as a starter pit for a future operation. Hole 23ODD-063 shows multiple gold zones within the broad Wenot shear corridor, including wide zones of good grade gold mineralization extending to surface (with no previous mining other than from surficial saprolite). Hole 23ODD-063 intersected multiple zones of gold mineralization and, in aggregate, the composite intervals that grade >0.30 g/t Au cover 138m of the 554m of drill core, or 25% of the hole.

Hole 23ODD-063 tested 125m down dip from a 1994 exploration hole that intersected 1.23 g/t over 75m at a vertical depth of ~125m, where the correlating interval in -063 intersected 4.07 g/t Au over 31.1m, 5.36 g/t over 1.5m, 1.1 g/t over 6.5m and 14.21 g/t over 1.8m. The width and the down dip extension of this zone and the additional zones bode extremely well for a potential open pit operation. These wide zones of gold mineralization occur within altered, sheared and veined zones within the metasedimentary package, whereas historical mining at Wenot was predominantly within the volcanics on the northern side of the main Wenot shear contact.

Hole 23ODD-063 also intersected the expected gold zones associated with the felsic dikes and quartz feldpar porphyry at and near the Wenot shear contact, that included 3.38 g/t Au over 9.6 m, 3.09 g/t over 6.8m and 1.03 g/t Au over 4.5 m. Although at Wenot there is not sufficient drilling at depth to be conclusive, results to date, including this new hole, support previous observations that grades within the Wenot deposit appear to increase with depth. Due to the significance this western area holds for a potential future mine plan, an additional 2-3 drill holes are planned to pursue these up to 75m wide zones as well as the higher grade zones within this west Wenot area. Results for additional holes in this program are pending and expected shortly.