Analyst RatingThe analyst maintains a BUY rating and has increased the target price for Omai Gold Mines.
Drilling ExpansionThe drilling year-to-date has reached 43 holes and 23,500m, well above the originally planned 15,000m program.
Resource ExpansionThe updated Mineral Resource Estimate reported a significant increase with the Inferred resource increasing 92% to 4.4Moz grading 1.95 g/t Au and the Indicated resource increasing 7% to 2.1Koz grading 2.07g/t Au.