Exploration And Drilling ProgressDrilling continues to accelerate with five drills turning at Wenot and YTD meterage over 30,000m (over double the 15,000m originally planned).
Market Rating And Target PriceThe company is maintaining a BUY rating and increasing the target price to $1.60/share on Omai Gold Mines.
Resource Estimate UpdatesThe MRE reported a significant increase to the resource 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.