Otis Gold Hosts Investor Webcast

Otis Gold Hosts Investor Webcast

Otis Gold Corp. (“Otis” or the “Company”) (TSX-V: OOO) (OTC: OGLDF) is hosting an investor webcast which will be held on Wednesday, October 23, 2019 at 12 pm PST (3 pm EST). This live webcast event will feature Craig Lindsay, President & CEO and Alan Roberts, VP Exploration where they will give an overview of Otis Gold and its ongoing exploration efforts at Kilgore. They will also review the recent PEA and discuss plans for the Oakley project with a Q&A session to follow. Interested parties that wish to attend the webcast can click here to register.

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Otis Initiates Drilling at Kilgore

Otis Initiates Drilling at Kilgore

Otis Gold Corp. (“Otis” or the “Company”) (TSX-V:OOO) (OTC: OGLDF) is pleased to announce that it has commenced drilling operations at its flagship Kilgore Project, Clark County, Idaho. The drill program, which will comprise up to 14 holes averaging approximately 230 metres in length, is designed to step-off open-ended mineralization at the margins of the Kilgore Deposit. This first phase of drilling is part of a larger 25,000 metre program planned for Kilgore, and is expected to take approximately 45 days to complete. Results will be released when available. Please visit our website to view the 2019 drill plan map and pictures from the drill program.

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Otis Announces Kilgore Drill Program

Otis Announces Kilgore Drill Program

Otis Gold Corp. is pleased to announce the initiation of a planned 3,250 metre reverse circulation (“RC”) drill program at its flagship Kilgore Project, Clark County, Idaho.

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Otis Closes Oversubscribed Private Placement of $1.3 Million

Otis Closes Oversubscribed Private Placement of $1.3 Million

Otis Gold Corp is pleased to announce the closing of its previously announced non- brokered private placement (see news release dated Aug. 23, 2019). Due to increased investor interest, the financing was oversubscribed and closed on 13,263,500 units at a price of 10 cents per unit for aggregate proceeds of $1,326,350.

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Otis Gold Amends and Files Kilgore Preliminary Economic Assessment

Otis Gold Amends and Files Kilgore Preliminary Economic Assessment

Otis Gold Corp is pleased to announce that further to its news release dated July 30, 2019, the Company has filed on SEDAR a National Instrument (“NI”) 43-101 Preliminary Economic Assessment (or “PEA”) for the Kilgore volcanic- and sediment-hosted epithermal gold deposit, Clark County, Idaho.   

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Otis Gold Arranges Private Placement

Otis Gold Arranges Private Placement

Otis is pleased to announce a non-brokered private placement financing of up to 10,000,000 units at a price of $0.10 per unit, for aggregate gross proceeds of up to $1,000,000. Each unit will consist of one common share and one-half of a common share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share of the Company at an exercise price of $.15 per common share for a period of 30 months from the closing date of the financing. All funds are in Canadian dollars.  Members of the Company’s board of directors and management team may be participating in this offering.

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Otis Gold Announces Positive Kilgore Preliminary Economic Assessment

 Otis Gold Announces Positive Kilgore Preliminary Economic Assessment

Otis Gold Corp. is pleased to announce the completion of its maiden Preliminary Economic Assessment (or “PEA”) at the Kilgore volcanic- and sediment-hosted epithermal gold deposit, Clark County, Idaho. The PEA utilizes the resource estimate completed in August, 2018 (see Otis news release dated September 28, 2018), and provides a robust economic scenario upon which to expand the potential scope and scale of the project with ongoing drilling. The PEA supports the potential for a low capital intensity, low operating cost, open-pit, heap-leach operation producing 112,500 ounces of gold per year over a 4.9 year mine life and generating highly attractive economics.

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Otis Reports Q3 Financial and Operating Results

Otis Reports Q3 Financial and Operating Results

The following selected financial data is derived from our unaudited condensed interim financialstatements and related notes thereto (the “Interim Financial Statements”) for the nine months ended March 31, 2019 as prepared in accordance with International Financial ReportingStandards (“IFRS”). The amounts reported herein are in Canadian dollars.

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Otis Reports Favourable Metallurgical Results from Kilgore

Otis Reports Favourable Metallurgical Results from Kilgore

FInal gold grades from column leach tests on crushed core show a 59% increase in gold grade. The results continue to demonstrate very favourable metallurgy at Kilgore, and the increase in recovered gold grade confirm that gold grades in the existing resource are potentially under- reported.

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Otis Lays Foundation For Exciting 2019

Otis Lays Foundation For Exciting 2019

Otis Gold Corp. is pleased to provide the following corporate update. This past year was eventful, and included a number of significant achievements at both our Kilgore and Oakley projects as well as at the corporate level. These milestones have laid the foundation for what we expect to be an active and successful year for the Company in 2019.

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