Omai Gold Mines Corporation, commonly referred to as “Omai Gold,” has unveiled the appointment of a new country manager, Marcel Cameron.

Cameron has been in mining engineering for over 25 years and brings a wealth of expertise in mine planning and project management, garnered from extensive engagements across North and South America, Africa, Southeast Asia, and notably, Guyana.

In his new capacity, Cameron assumes a pivotal role in steering and enhancing operations at Omai Gold’s 100% owned Omai gold project. Tasked with overseeing permitting procedures and community engagement initiatives, he is also entrusted with spearheading the Company’s broader business endeavors within the Guyanese landscape.

Elaine Ellingham, the President and CEO of Omai Gold, expressed her enthusiasm regarding Cameron’s appointment, stating, “We are pleased to welcome Marcel to the team. His extensive hands-on experience with technical and mine planning for advanced stage projects will drive forward the next phases of work at our Omai project.” She emphasized the significance of Mr. Cameron’s expertise in propelling the project into its next developmental stages, following the recent positive outcomes of a baseline Preliminary Economic Assessment (PEA).

“We announced positive results for a baseline Preliminary Economic Assessment (PEA) about a month ago that sets the stage for the next phases of project development. Our PEA provides a solid mine plan and economics, while incorporating less than 45% of Omai’s current Mineral Resource Estimate. This alone presents obvious opportunities,” Ellingham elaborated.

She further underscored the potential for expansion and optimization within the project framework, emphasizing the importance of additional drilling efforts and environmental studies to augment the existing mine plan and bolster overall economic returns.

Noteworthy is Cameron’s intrinsic connection to the Guyanese landscape, as highlighted by Ellingham who said, “Mr. Cameron is a Guyanese citizen. His early career experience at the Omai mine, when it was a large-scale 300,000 ounces per year operation, is invaluable, giving him an excellent base of knowledge of the property and its potential to be re-developed as a large-scale mine.”

In addition to the significant personnel announcement, Omai Gold also announced the granting of a new Omai Prospecting Licence by the Guyana Geology & Mines Commission (GGMC). This pivotal development furnishes the company with exclusive rights pertaining to occupation and exploration for gold, base metals, precious metals, and precious stones within the designated area.

The license, boasting an initial three-year term extendable until 2029, underscores Omai Gold’s commitment to advancing its exploration and development agenda in Guyana. The company has also initiated dialogue with governmental bodies to expedite the subsequent steps, including the application for a mining licence.

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