{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Omai Gold Mines (TSXV:OMG) - Restarting High-Grade Gold Mine in Guayana","html":"","width":"100%","height":180,"duration":881,"description":"Interview with Elaine Ellingham, President & CEO of Omai Gold Mines Corp.Our previous interview: https://www.cruxinvestor.com/posts/omai-gold-mines-tsxvomg-reigniting-a-gold-mine-giant-4749Recording date: 2nd March 2024Omai Gold Mines offers investors exposure to restarting production at a historic gold mine in the mining-friendly jurisdiction of Guyana. The company's flagship Omai project was a large-scale producer from 1993-2005, churning out over 3.7 million ounces of gold from open pit and underground mines.Shuttered since 2005, extensive infrastructure remains in place, including a camp, access roads, and power. Omai has completed feasibility-level engineering and mining studies on the asset, providing a strong technical foundation.The project hosts robust resources, with a recently updated estimate outlining 1.9 million ounces indicated grading 1.48 g/t gold and 0.5 million ounces inferred grading 1.99 g/t gold. Additional exploration upside exists, as mineralization remains open along a 2.5 km shear zone.Omai is led by an experienced mining team focused on restarting production, beginning with open pit mining to generate early cash flows. A PEA study is upcoming. The Guyanese government is supportive of redevelopment efforts given the previous economic benefits of the mine.With its permitted, past-producing project, existing infrastructure, and exploration upside, Omai offers investors exposure to reactivating a high-grade gold mine with compelling economics. As feasibility studies advance, Omai's systematic de-risking of the project could yield substantial shareholder value._View Omai Gold Mines' company overview: https://www.cruxinvestor.com/companies/omai-gold-minesSign up for Crux Investor: https://cruxinvestor.com","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}