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Omai Gold Mines Shares Decline by 6.32% Amid Broader Gold Sector Weakness

Guavy AI Editorial Team
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Gold
Share

Omai Gold Mines (TSXV:OMG) shares declined by 6.32% on September 28 due to gold price and mining equities selloff.

The company's development strategy focuses on advancing its wholly owned Omai Gold Project in Guyana, where the Wenot and Gilt deposits underpin its plan.

A recent preliminary economic assessment provides a potential development pathway, but feasibility work, financing, permitting, and construction execution remain substantial risks.

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