Revival Gold Revives Past Producing Beartrack Mine

Revival Gold Revives Past Producing Beartrack Mine

Some exciting news on Sept. 7, 2017 for shareholders of Otis Gold and investors of various Idaho based projects with the announcement of Revival Gold (TSX.V: RVG) acquiring the past producing open pit, heap leach Beartrack Mine from a subsidiary of Yamana Gold Inc.  The Beartrack mine was in production from 1994 until 2000 and produced approximately 600,000 ounces of gold with reported recoveries in the region of 87%. Please see the news release here.

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Otis Commences Drilling at Kilgore

Otis Commences Drilling at Kilgore

Vancouver, B.C. – Otis Gold Corp. (the “Company” or “Otis”) is pleased to announce that it has commenced an approximately 25 hole, 8,000 metre drill program at the Kilgore Project, Clark County, Idaho.  The primary goal of the drill program is to follow up at depth on drill intercepts achieved in 2016 at the existing Kilgore Deposit, primarily in the prospective Aspen Formation host unit (see News Release dated January 19, 2017). Further, 2 of the planned holes will be drilled for metallurgical test purposes.   Drilling will continue through November and results will be announced as they become available. All drilling will be conducted by Timberline Drilling of Hayden Lake, Idaho employing two Atlas Copco CS-14 track-mounted core rigs.

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Overview: The Oakley Project

Overview: The Oakley Project

We are pleased to announce we are conducting a phase one program of regional geological mapping, surface sampling, and ground magnetic survey on the Oakley Gold project. This project consists of 142 federal lode-mining claims and several Utah State leases comprising of approximately 4,000 acres. It’s located in Cassia Country, Idaho, and 15 miles south of the town of Oakley and just north of the Utah/Nevada border. Otis has been expanding its land position, and to date, the Oakley Gold Project consists of three primary targets- Blue Hill Creek, Matrix Creek, and Cold Creek. Oakley has an NI43-101 complaint inferred resource of 163,000 ounces Au at a grade of 0.51 g/t Au. The ownership interest in the Oakley Gold Project is 100%.

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Otis Gold Against Its Peer Groups

Otis Gold Against Its Peer Groups

Below you will find links to three charts: Otis Gold-Core Peer Group (Heap Leach projects), Otis Gold-North American Group and Otis Gold-International Peer Group. These charts provide an insight into the core peer group of Otis’ miners, comparing locations, Economic Value (EV), Mine Type and Total Resource Grade, among other factors. Placing Otis Gold Corp as the central point of reference, the short paragraphs below will overview the information on the charts, describing Otis’ position within its market.

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Expanding Operations at Idaho Gold Mine Projects

Expanding Operations at Idaho Gold Mine Projects

Recent news releases on our company website show how we’ve been busy with important activity at two project locations. In recent weeks, we’ve expanded our land package at Kilgore and began an exploration program at Oakley. Below are details for both worth-noting news pieces. In addition, if you’d like to discuss more on this in person or learn about it from our CEO, Craig Lindsay, note that he will be presenting at the Swiss Mining Institute conference on June 21, 2017 in Zurich and June 22, 2017 in Geneva. Presentations will take place at 09:20 local time on both days.

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Review and Analysis of the Kilgore Ground Mag and Soil Surveys: Identifying New Exploration Targets

Review and Analysis of the Kilgore Ground Mag and Soil Surveys: Identifying New Exploration Targets

As you may know, we recently announced the completion of a 34-line-kilometer ground magnetometer survey along with a program consisting of 213 surface and subsurface soil samples at the Kilgore Gold Project, Idaho. We are pleased to present an interpretation of the extensive exploration activities conducted on both the Kilgore Deposit and the emerging “Gold Ridge” exploration target in Clark County, Idaho.

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Otis Increases Interest in Blue Hill Creek and Matrix Creek Projects to 100%

Otis Increases Interest in Blue Hill Creek and Matrix Creek  Projects to 100%

We are pleased to announce our increased interest in the Blue Hill Creek and Matrix Creek Gold-Silver Properties (Cassia County, Idaho) from 80% to 100% and reduction in the existing net smelter royalty on these projects from 2.5% to 2.0%. In consideration, 380,000 Otis Common Shares, subject to a voluntary hold period ending July 31, 2017,  will be issued to the vendors. Note that the transaction is subject to the approval of the TSX Venture Exchange and other regulatory bodies. 

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6 Key Factors that Drive The Price of Gold

6 Key Factors that Drive The Price of Gold

Gold is a symbol of power and wealth par excellence that has fascinated the world since Ancient times. It was shaped into coins and used as humanity’s very first currency. It also had divine value for Egyptians, who used it for tomb ornaments as a pathway for the soul of the deceased towards the sun.

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