Omai Gold Mines Corp.
Omai Gold Mines holds 100% of the historic, past-producing Omai gold mine site in Guyana's Guiana Greenstone Belt, comprising the shear-hosted Wenot deposit and adjacent intrusive-hosted Gilt Creek deposit. An April 2026 resource update increased the Wenot indicated estimate 49.8% to 1,453,000 oz gold at 1.59 g/t, part of a combined multi-million-ounce system the company describes as an 8 million ounce system; a maiden PEA is forthcoming but not yet published.
Notable vs. Peers
- Financials score of 3.1/10 is weaker than the peer average of 6.6/10.
- Jurisdiction risk score of 6/10 is meaningfully riskier than the peer average of 7.8/10.
Lifecycle Milestones
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.
Your Rankings
Management Team
President, Chief Executive Officer and Executive Chairman of Omai Gold Mines Corp., which is redeveloping the past-producing Omai gold project in Guyana. Over 35 years of diverse mining-industry experience spanning technical, executive and board roles, from field geologist to corporate development and investor relations. Career: Lead Director, Richmont Mines Inc. (also interim President & CEO, Jul-Nov 2014), through the company's real acquisition by Alamos Gold Inc. (already tracked in this DB, AGI) in 2017 -- Renaud Adams (OMG's own Chairman) subsequently led Richmont as CEO through to that same acquisition; 8 years, Toronto Stock Exchange (1997-2005), including as National Leader of Mining.
Chief Financial Officer and Corporate Secretary of Omai Gold Mines Corp., appointed 1 May 2025. Chartered Professional Accountant with over 25 years' mining-industry finance experience spanning financial reporting, corporate governance, M&A, capital markets, compliance and ESG. Career: CFO, Marimaca Copper Corp. (Apr 2021-May 2023); Vice President, Finance and Assistant Secretary, Franco-Nevada Corporation (already tracked in this DB, FNV).
Vice President, Operations of Omai Gold Mines Corp. Mining engineer with over 25 years of international experience in exploration, operations and development across Cuba, Morocco, Brazil and Spain. MSc Mining Engineering, Camborne School of Mines (1996-1997). Career: Partner, Billiken Management Services (management consulting); President & CEO, Anconia Resources; Long Term Planning Engineer, Matsa (resource planning and project scheduling).
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
The Franklin Gold & Precious Metals Fund holds 3.2%, and unusually for this dataset that figure is current -- it is dated 10 August 2026, five days before this assessment. It is a genuine actively managed precious-metals fund rather than an index vehicle, though the position is below the size that would signal real conviction. Director David Stewart bought 50,000 shares on the open market in February 2025 and no insider has ever sold. Institutional ownership is 27.5%.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.
Statement of Financial Position (expressed in USD): Total liabilities $2,785,896, consisting entirely of 'Trade payables and accrued liabilities' (Note 7 and 13). No loans, notes payable, or lease-liability line items on the balance sheet.
Omai Gold Mines' updated Mineral Resource Estimate (14 Apr 2026) for the historic, past-producing Omai gold mine site, Guyana: combined Indicated Mineral Resource of Wenot 1,453,000 oz at 1.59 g/t gold (28.4 Mt, up 49.8%) + Gilt Creek 1,042,000 oz at 3.33 g/t gold (9.7 Mt) = 2,495,000 oz combined Indicated. Company describes the broader system (including Inferred) as an '8 million ounce system'. A maiden PEA is forthcoming but not yet published -- no NPV/IRR/mine-life figures exist for this project yet, which is why only ouncesFound (already cited before this script ran) is populated on this miner.