Not Your Average Exploration Company.

The Omai Property: a Tale of Two Pits

Significant Past Gold Producer – History of Performance

  • Omai averaged over 300,000 oz/yr gold production over 12 year mine life
  • Once South America’s largest gold producer
  • Outperformed feasibility study – produced 3.7 Moz vs 2.7 Moz

Untapped Drilled Resources

  • Inherited quality drilling and mining database
  • Mineralized shears known to extend below Wenot Pit along 1.7 km
  • Fennell has historic resource of 9 mt @ 2.4 g/t Au1 open at depth

Well Located and Amenable to Mining

  • 165 km S of capital city, road access plus airstrip for 45 min flight
  • Remediated mine site with large camp infrastructures
  • No communities nearby, no issues

Guyana – a Hot Region for Exploration and Mining

  • Guiana Shield holds significant gold potential, being part of the W African belt
  • Recent acquisitions at premium to market
  • Majors actively entering the region

Enthusiastic Government

  • Stable jurisdiction, Mining Act and legacy of British law and business practices
  • Omai is a famous asset and Government keen to see its untapped potential developed

New Management Brings Clear Corporate Direction

  • New management focused on realizing potential of 100% owned asset
  • Cash position of $2.3 m
  • Fast tracking to an initial Wenot Resource by year-end

The Omai Property is located in the country of Guyana

Learn More

The Best Assets Require The Best Leadership.


Renaud Adams



Mr. Adams has 25 years of experience in the mining industry. He is currently President, Chief Executive Officer and Director of New Gold Inc. – roles he has held since September 2018. He was the President and Chief Executive Officer of Richmont Mines Inc. from 2014 until the sale of the company to Alamos Gold in November 2017. From 2011 to 2014, Mr. Adams was the Chief Operating Officer at Primero Mining Corporation, and prior to that he was with IAMGOLD Corporation from 2007 to 2011 as the General Manager of the Rosebel mine in Suriname and then the Senior Vice President, Americas Operations. Mr. Adams obtained a Bachelor of Engineering degree in Mining and Mineral Processing from Laval University in Quebec, Canada.

Elaine Ellingham

P.Geo, MBA, M.Sc


Ms. Ellingham is a seasoned mining executive and veteran geologist (P.Geo.) with over 35 years’ experience in the mining and exploration business. She has held numerous roles with junior and major mining companies, from field geologist to corporate development, and investor relations. Elaine worked for the Toronto Stock Exchange for 8 years in corporate finance and as National Leader, Mining. As a consultant since 2005, she has been a strategic advisor working with numerous international companies and private equity groups. Elaine has an MSc in geology and an MBA. She has extensive board experience over 14 years with companies including Wallbridge Mining and Aurania Resources and is currently a director of Alamos Gold Inc., Almaden Minerals Ltd. and the Prospectors’ and Developers’ Association of Canada. As a director of the former Richmont Mines Inc, Elaine stepped in as CEO, introducing a new chapter for the gold producer, where Renaud Adams (Omai’s Chairman) then led the company as CEO through to the successful near-billion-dollar acquisition by Alamos Gold Inc three years later.

Nadine Miller



Nadine Miller is a professional engineer with 19 years of experience in engineering design and project management in the mining and transportation industries. Ms. Miller is currently the Vice President of Project Development at JDS Energy and Mining. She also serves as an Independent Non-Executive Director for Wesdome Gold Mines, a Canadian gold mining company, and a Strategic Advisor at Awz Ventures Inc., a venture capital fund. Prior to joining JDS, Ms. Miller worked primarily on tailings projects before transitioning to business development. She led the Business Development departments for two of the world’s largest engineering consulting firms’ Toronto offices: Bantrel with the backing of Bantrel’s parent company, Bechtel; and SNC-Lavalin’s Mining and Metallurgy. She is a strong advocate on issues pertaining to women in engineering and received the 2017 Leading Women Building Communities Award for her work in this area. Ms. Miller graduated from the University of Oxford, Saïd School of Business, with an MBA focused on finance and strategy; Massachusetts Institute of Technology (MIT) with a Master’s degree in Civil and Environmental Engineering (specializing in geotechnical engineering); and holds a Bachelor of Applied Science degree from the University of Toronto in Mineral and Geological Engineering.

Lon Shaver



Mr. Shaver is currently Vice President at Silvercorp Metals, where he oversees investor relations and corporate development activities. He has over 25 years of capital markets and corporate finance experience, mainly focused on the mining sector. He held investment banking roles with Raymond James and Merrill Lynch, assisting corporate issuers with numerous financing and M&A transactions and began his career in equity research with an institutional sell-side firm. His previous corporate experience includes Chief Financial Officer roles with a publicly-listed mining company and a private technology company. Most recently, he acted as a consultant and advisor, providing corporate development and capital markets support to a number of companies in the resource sector. He holds a B.Comm. degree, with a major in finance, and is a CFA charterholder.

Denis Clement

B.Comm., LL.B., LL.M.


Mr. Clement is a highly experienced international business executive with over 35 years of experience in finance, M&A, banking, law and management, primarily in the finance, oil and gas, mining and technology industries. Mr. Clement has been in management and on the Board of Directors of various public and private companies throughout his career. Mr. Clement has extensive experience in the international corporate finance business having raised over $1 billion in debt and equity in various industries including the resource business. Mr. Clement has over 25 years of experience in the resource business in Guyana. He was instrumental in launching the offshore oil and gas industry in Guyana. As founding President of CGX Energy Inc., he negotiated and co-signed the first offshore oil and gas licenses in Guyana in 1998.


Jason Brewster



Mr. Brewster is President and CEO of Anconia Resources Corp., as well as serving as Partner of Billiken Management Services, a full service exploration management consulting company. Mr. Brewster received his M.Sc. in mining engineering from the Camborne School of Mines in Cornwall, England and his B.A. from the University of Western Ontario. For over 20 years, Mr. Brewster has been active in all facets of the mining industry from grass roots prospecting to being instrumental in bringing the Aguas Tenidas mine in southern Spain out of care and maintenance and back into production.

John Ross



Mr. Ross is a Chartered Accountant with over 30 years of experience in the financial management of publicly-listed exploration and mining companies. He holds a Master of Business Administration from the University of Western Ontario.

Geological Team

Linda Heesterman



Dr Linda Heesterman, a consultant to Omai, has worked at many of the known deposits in Guyana such as Eagle Mountain, Toroparu, Aurora and Karouni. She also worked for the Guyana Geology & Mines Commission (GGMC), where she initiated the multi-element drainage geochemical atlas of Guyana and helped start digital land management. Linda was employed by Cambior (operator of the Omai Mine) from 2005 to 2010 and subsequently IAMGOLD as regional exploration manager in Guyana and worked on the investigation of the extension of Omai’s Fennell deposit. She was responsible for the handover of data to the Guyanese government after IAMGOLD relinquished the project, and so is familiar with the extensive historic data on Omai.

John Spurney


John C. Spurney, Omai’s Chief Geologist, is an economic geologist with over 35 years of diversified technical and managerial experience in mineral exploration, primarily in Latin America, the U.S. and Asia. A field-oriented geologist, John has been involved with the evaluation, acquisition, and exploration of a wide range of precious and base metal projects in metallogenic belts around the world. He led the team that discovered the Cerro Crucitas and Conchudita epithermal gold-silver deposits (in Costa Rica), the Cerro Casale porphyry gold-copper deposit (in Chile) and has generated multiple precious metal targets in El Salvador, Nicaragua, and Peru. Mr. Spurney has worked for Placer Dome, Barrick Gold, Goldcorp, Bema Gold, Kinross Gold, Getty Mining, and Brett Resources; for the latter he helped develop a portfolio of gold prospects, until its purchase by Osisko Mining for US$375M in 2010. John received his B.Sc. and M.Sc. degrees in Geology from Kent State University in the U.S. and is a Qualified Person under NI 43-101.

Andres Rincon


Andres Rincon is Omai’s Senior Geologist with 13 years’ experience in exploration and mineral deposit evaluation. He spent five years with B2Gold in Nicaragua working on mapping, and structural and geological modelling at the La Libertad mine. Later, he was Head of Regional Exploration at B2Gold’s El Limon mine, where he led the exploration initiatives to increase the mine life through near-mine discoveries. He also worked as a geologist in Colombia for Continental Gold, Forbes & Manhattan, La Esperanza Mining and Touchtone Colombia. Andres has a BSC in Geology from the University of Colombia in Bogota.

Diego Sabogal


Diego Sabogal is a Geologist with over 15 years experience in exploration and resource evaluation. He graduated from Universidad Nacional de Colombia in Bogata in 2006 and is a Member of the Colombian Professional Council of Geology. Diego worked for Continental Gold for 8 years becoming Exploration project manager at Antioquia, Colombia, working on identifying and developing exploration targets at Continental’s projects including Gran Buritica, Pinbispo and Dominical. He started his career working with Anglogold Ashanti Colombia for 2 years before working for B2Gold at the Orosi mine in Nicaragua and Quebradona in Colombia. Recently, Diego was a Research and Exploration Geologist with the Servicio Geologico Colombiano, focusing on the identification and characterization of potential areas for metallic minerals in areas of strategic interest to the Colombian state.