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(Kaieteur News) – Guyana is once again praised as a mining-friendly jurisdiction with supportive policies, with the President and Chief Executive Officer (CEO) of OMAI Gold Mines Corp., Elaine Ellingham saying that the country has been “great” to the company in its quest to return to gold production.
Since its return to Guyana’s mining sector in 2020, OMAI, through its subsidiary Avalon Gold Exploration Inc., has identified 2.5 million ounces of gold in the indicated category at the historic OMAI Gold project. The company holds 100% interest in the project which hosts two orogenic gold deposits: Wenot and Gilt.
During a recent interview with the KE Report, Ellingham described Guyana as an attractive destination for mining investment. She outlined that government understands the industry and has fostered an environment conducive to support long-term gold operations. “I think OMAI is going to get fast-track to production. The government and the communities want to see this back in production but probably some green energy not too far down the road,” she said.
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