Unexplored Zone Shows Signs of Significant New Gold Mineralization

Unexplored Zone Shows Signs of Significant New Gold Mineralization

We are pleased to present an explanation of significant Tertiary sill- and Cretaceous Aspen Formation-hosted gold intercepts drilled during 2015–2016 at its Kilgore Gold ProjectThese gold intercepts define a significant, previously unrecognized and under-explored target that collectively delineate a broad zone of gold mineralization, now known as the “Aspen Corridor,” which underlies the existing Kilgore Deposit. Dimensions of the corridor, as currently defined by the drill results, are approximately 460-metres-long by 120-metres-wide, and from 60- to 135-metres-thick. Mineralization remains open to the northwest and southeast and at the bottom of many holes.

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Results for 12 Drill Holes Confirm Increased Presence of Gold at Kilgore

Results for 12 Drill Holes Confirm Increased Presence of Gold at Kilgore

We are pleased to share our latest drilling intercepts at the Kilgore Gold Project, in Clark County, Idaho. These results represent the final 12 holes of the 10,300-meter, 40-hole drill program completed in November 2016. Analytical results for the 12 drill holes reported in today’s press release, along with those for the initial 28 holes reported in 2016 (September 26October 31, and November 29), confirm the presence of significant gold mineralization in the Aspen Formation sedimentary host rocks, the primary target of last year’s drill program.

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Kilgore Gold Mine Project On The News

Kilgore Gold Mine Project On The News

The past year was truly stellar for Otis' Kilgore Gold Project. A 12-month review revealed great news in drilling, financing and team growth. Then, just before the December 31st mark, an increase in financing to $800,000 was announced. As a result, there has been a lot of talk about our company in the news. Below is a brief look at the latest articles that may be of interest to you.

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A Remarkable Year for Gold Mining Projects

A Remarkable Year for Gold Mining Projects

We are pleased to outline below this year's news and accomplishments. Activity and interest in the junior gold exploration and development sector increased significantly during the year, driven by a rising gold price between January and July. This stronger gold value combined with extremely encouraging results from our 2015 drill program, positioned us well to advance our flagship asset, the Kilgore Gold Project. In this process, we realized a number of significant milestones.

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History and Trends of the Top Gold Rich Countries in The World

History and Trends of the Top Gold Rich Countries in The World

The Gold Rich Countries charts remained stable for several centuries. Back in the mid-1900s, four countries –South Africa, the United States, Canada and Australia, dominated gold production worldwide. South Africa was the world's largest gold producer of the group, which together accounted for more than half of the world’s gold output.

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How Otis is Increasing The Size and Grade of its Kilgore Resource

How Otis is Increasing The Size and Grade of its Kilgore Resource

As you may already know if you are following our regular press releases, we are actively pursuing a 10.000 meter, 40 hole drilling program with an average thickness of the deposit at about 50 meters and an average grade of 0.6 grams per tonne.

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Gold Rises and Life is a Little More Interesting...

Gold Rises and Life is a Little More Interesting...

In a recent article, Mining Weekly discussed the Kilgore Project with Otis Gold Corp. President and CEO, Craig Lindsay. The online publication inquired with Otis' president about his company's future within the current difficult market environment. “We have seen some very dilutive financing structures, but not us. We have been able to build a stronger shareholder base, even adding projects during this time.” He advised that ten groups of institutional investors have bought into the company and that it has avoided dilution by not issuing any warrants.

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