Omai Gold Mines (OMG) 2025 Precious Metals Summit - Zurich summary

Investment highlights and resource update

• Latest mineral resource estimate (August) totals 6.5 million oz across Wenot (open pit) and Gilt Creek (underground) deposits, marking a 96% increase year-over-year.

• 1.8 million oz are underground, 4.7 million oz are open pit; 2.2 million oz added in one year of drilling.

• April 2024 PEA based on only 28% of the deposit, showing a 13-year mine life and CAD 560 million NPV at CAD 1,950 gold.

• Brownfields site with historical production of 3.8 million oz (1993–2005), offering infrastructure and permitting advantages.

• Fully funded with recent CAD 40 million raise, bringing treasury to about CAD 59 million; over 30,000 m drilled so far in 2024, targeting 40,000 m by year-end.

Project development and exploration

• Five drills active; updated PEA in progress to include both deposits and expanded resource.

• Wenot deposit is open pit-focused, with majority inferred resources at 1.8 g/t and nearly 1 million oz indicated at 1.5 g/t.

• Gilt Creek is primarily indicated resource (2/3) at 3.25 g/t, starting at 300 m depth.

• Exploration targets near Wenot and Gilt Creek show high-grade intercepts (e.g., 20 g/t over 5 m, 2.5 g/t over 16 m), potentially improving early project economics.

• Drilling at depth confirms mineralization continues, supporting the orogenic model and future expansion.

Infrastructure, jurisdiction, and market context

• Project benefits from road and airstrip access, proximity to a planned hydro power line, and existing tailings facilities.

• Located in Guyana, a top 10 global mining jurisdiction with strong GDP growth and government support for mining investment.

• Area is underexplored by majors, with significant interest due to infrastructure improvements and economic growth.

• Shareholder base includes major funds (no >10% holders), strong liquidity (2–2.5 million shares/day), and five analyst coverages with positive ratings.

• Updated PEA will reflect full resource base and ongoing drilling, aiming to further enhance project economics.