Omai Gold Mines Corp. (TSXV: OMG) has appointed Elaine Ellingham to the position of President and CEO.
Ms Ellingham, who assumes the role effective immediately, has served as the interim CEO since mid-July. She will continue as a member of the Board of Directors.
“I am very pleased with the appointment of Elaine Ellingham to the CEO role. The Board shares my view that Elaine’s impressive combination of technical expertise together with an extensive track record with public mining companies make her the best fit for Omai, to lead the company as we aggressively explore and develop the resource potential of our Omai gold project in Guyana,” Chair, Renaud Adams, said.
“Since stepping into the interim role in late July, Elaine has hit the ground running with a focus on quickly assessing the project’s many targets and developing a strategy to create value through both resource development and pursuing potential new deposits.”
Ms Ellingham said the Omai gold project in Guyana is a very exciting and unique project.
“I have had the opportunity to spend three weeks on-site over the past few months, as we strengthened the on-site technical team.
“We have had two drills turning over the past three months and are nearing completion of the first phase of drilling that has been focused on testing the depth extension below the past producing Wenot pit. This work will support the Company’s first NI 43-101 resource report, that is now underway.
“There are indeed few such successful past producing gold properties with remaining historical resources, plus unexplored extensions at depth and along strike of the past producing deposits, and a number of attractive under-explored targets.
“We believe there is great potential to quickly build significant gold resources at very attractive grades and located in a mining-friendly jurisdiction. I look forward to leading the team as we explore and build gold resources on this very prospective property, with a focus on optimising value for all stakeholders.”
Ms Ellingham brings more than 35 years of diverse experience in the mining industry, in technical, executive and board roles. She has held numerous positions with junior and major mining companies, from field geologist to corporate development, and investor relations. Elaine worked for the Toronto Stock Exchange for eight years in corporate finance and as National Leader, Mining.
As a consultant since 2005, she has been a strategic advisor working with numerous international companies and private equity groups. As a director of Richmont Mines, Elaine stepped in as interim CEO, introducing a new chapter for the gold producer, where Renaud Adams (Omai’s Chairman) then led the company as CEO through to the successful near billion-dollar acquisition by Alamos Gold three years later.
For further information please visit: https://www.omaigoldmines.com/
