Although still under the radar, Omai Gold Mines (TSXV:OMG) is looking to change this soon, as they are in the midst of an ongoing trenching and drill program at their Omai Gold project in Guyana, and are raising money at the moment.

1. Introduction

Recently I used the proverb “in order to find a new mine, look in the shadow of the headframe of an old or existing mine”. However, there is not even the need to even find a new mine in the case of Omai Gold Mines (TSXV:OMG), as they are working on revitalizing the existing Omai gold mine in Guyana, which closed in 2005 due to low gold prices.