OMAI PROPERTY - FENNELL PIT -
Significant Mineralization below the Fennell Pit
A significant mineralized zone was confirmed under the Fennell pit in 2007. We plan to drill test this area in the first half of 2022 with the objective of upgrading and verifying the mineralized zone and then continue to explore the depth potential of this deep rooted Omai stock. Based on the known gold mineralization identified in the 46 drill holes and our knowledge of this Omai stock, we believe there is good potential for this mineralization to continue to significant depths.
- Fennell gold mineralization hosted in a 400m diameter quartz diorite intrusive – the “Omai Stock”
- Production of 2.4 million oz Au above the sill ~9600 oz per vertical metre
- Pit bottomed at 250 m in a barren ~180m thick diabase sill
- 2006-07 Iamgold dewatered the pit and drilled ~27,000 meters in 46 holes
- Discovered high-grade gold mineralization down 650 m below the sill; deepest hole to depth of 967 metres ended in mineralization
- Impressive intersections:
- 41 intervals > 34g/t Au over 1m
- 3 intervals 1000 to 3350 g/t Au
- 143m @ 2.6 g/t Au over 1 m
