Confirmation Received To Expand The Wenot Deposit

TORONTO - Omai Gold Mines Corp. announced continued positive drilling results from the Omai gold project in Guyana. Since drilling commenced 17 diamond drill holes have been completed totalling 8,460 metres (m). Assays are reported for six drill holes and assays are pending for six additional holes.

Elaine Ellingham, President & CEO, said, "These new drilling results confirm the potential to expand the Wenot deposit along strike, to depth, and within the sedimentary rocks. We expect to further expand the drill program this quarter, including the addition of a third drill rig, to accelerate towards an updated Mineral Resource Estimate at Wenot in Q1 2025. Work on the underground Gilt Creek deposit has also commenced and we expect to complete drilling, engineering, and metallurgical studies in order to include Gilt Creek in an updated economic study in Q2 2025, together with an expected expanded Wenot Mineral Resource Estimate. These current drill results move us significantly towards these next milestones."