Omai Gold Mines Corp. announced additional drill results from the Company's Omai gold project in Guyana. Assays have been received for five additional holes, including four exploration holes and one hole at Wenot exploring the down dip extension of the central part of the known deposit as well as additional shallower, northern flanking gold zones.

To date in 2023, eleven holes have been completed totaling 3,570 metres ("m") and drilling continues. Hole 23ODD-064 confirms the continuity of the Wenot gold bearing structures to at least 100m below the current resource model in this central part of the deposit with an impressive intersection of 5.18 g/t Au over 20.2 m, including 12.7 g/t Au over 7.9 m. This intercept reinforces growing evidence that the gold grades at Wenot increase with depth. Highlights for hole 23ODD-064 include: 5.18 g/t gold over 20.2 m (including 12.7 g/t gold bearing structures to at least100m below the current resource models in this central part of the deposits with gold mineralization.

Hole 23ODD- 064 is located 1.25 kilometres east of hole 063, again demonstrating the continuity of the multiple shear-hosted gold zones that extend along a minimum 2.5 km strike. Wenot hole 23ODD- 064 intersected multiple zones with gold mineralization, with visible gold identified in 19 locations along the core. The gold mineralization is typical of the Wenot deposit, being hosted within both the quartz veining and the adjacent alteration halos.

The veins and vein stockworks typically occur within or at the margins of near-vertical dikes that range in composition from quartz feldspar porphyry to rhyolite to diorite. Hole 064 is located in the mid-region of the Wenot deposit where there was a 200-metre gap between drill holes 21ODD-001 and 21ODD-024. Drilling indicates that the Wenot shear corridor in this area is at least 400 metres in width.

Hole 23ODD-1 was 713 m in length and most of the gold mineralization was within the volcanic rocks on the northern side of the central contact shear. The hole ended within intensely sheared sedimentary rocks, still within the Wenot shear sequence. Unfortunately, given the significant width of the shear, it is difficult to drill across the full width with a single drill hole at the targeted depths, so there are quite possibly additional zones within the southern sedimentary rocks that remain to be tested.