Otis Provides Additional Oakley Project Exploration Results

Otis Provides Additional Oakley Project Exploration Results

Otis Gold Corp. is pleased to announce additional results from its recently completed 2018 exploration program at the Oakley Project (or “Oakley”), Cassia County, Idaho. Surface geochemical studies consisting of rock outcrop mapping, rock-chip sampling, and soil surveys, have identified several areas of mineralized outcrop and soils with significant gold and silver results at both the Blue Hill Creek and Emery Creek targets. Assay results from rock chip samples include gold values up to 1.75 g/t gold (or “Au”) and silver values up to 105.0 g/t silver (or “Ag”). Blue Hill Creek contains an existing Inferred Resource of 163,000 ounces gold in 9.97 million tonnes at a grade of 0.51 g/t Au (see Otis Technical Report dated August 8, 2016); Emery Creek is an early stage exploration target. 

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Otis Identifies 3.5km Gold & Silver Anomaly at Oakley Project

Otis Identifies 3.5km Gold & Silver Anomaly at Oakley Project

Surface geochemical studies consisting of rock outcrop mapping and sampling, and a 200 metre (“m”) by 50m soil sample grid, has revealed a 3.5 km long by 0.5 km wide trend of anomalous gold and silver values.

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Otis Raises $1.3 Million Through Sale of Non-Core Asset

Otis Raises $1.3 Million Through Sale of Non-Core Asset

Otis is pleased to announce that it has raised a total of approximately $1,320,000 through the sale of 2,000,000 common shares of Revival Gold Inc. (“Revival”). A total of 1,771,000 shares were sold in a private transaction and the remainder were sold through the TSX-Venture Exchange. The sale of these shares provides non-dilutive capital to fund the ongoing development of both the Kilgore and Oakley Projects and for general working capital purposes. The Company’s remaining shareholding in Revival, totaling approximately 750,000 shares, will be held for investment purposes. The shares in Revival were received in June 2017 as partial compensation for the sale of two non-core claim blocks known as the Hai and Gold Bug Projects,

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Otis Files Kilgore NI 43-101 Technical Report

Otis Files Kilgore NI 43-101 Technical Report

“The technical report supports the disclosure made by the Company in its news release dated August 14, 2018, titled, "Otis Increases Kilgore Indicated Gold Resource by 59%."

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 Otis Provides 2018 Kilgore Exploration Update 

  Otis Provides 2018 Kilgore Exploration Update 

Approximately 1,700 soil samples are to be collected over a 200 metre (m) x 50m spaced grid. The geochemistry block will encompass areas that were covered by 2017 reconnaissance sampling and ground magnetic surveys.

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Otis Receives New 5-Year Exploration Permit at Kilgore

Otis Receives New 5-Year Exploration Permit at Kilgore

The USFS issued a Decision Notice authorizing a 5-year exploration plan which, provides significant flexibility to drill on up to 140 drill sites throughout the Kilgore Project, including step-out and infill drilling at the existing Kilgore Deposit and exploration drilling at emerging targets including Gold Ridge, Prospect Ridge and Dog Bone Ridge. The Plan of Operation was approved by the United States Forest Service after completion of an Environmental Assessment, a process which included input and feedback from the local community and others.

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Otis Increases Kilgore Indicated Gold Resource by 59% 825,000 Indicated and 136,000 Inferred Gold Ounces

Otis Increases Kilgore Indicated Gold Resource by 59% 825,000 Indicated and 136,000 Inferred Gold Ounces

Otis is pleased to announce an updated independent mineral resource estimate at its 100% owned Kilgore Project (“Kilgore”) located in Clark County, Idaho. The new resource incorporates drilling completed from 2015 through 2017 and is a strong foundation for future growth by expansion drilling, engineering and metallurgical studies. 

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Otis Enters Final Phase of Kilgore Permitting

Otis Enters Final Phase of Kilgore Permitting

Otis Gold Corp. (“Otis” or the “Company”) (TSX-V: OOO) is pleased to report that ongoing permitting at its Kilgore Project has entered the final phase. The U.S. Forest Service (the “USFS”), as part of their ongoing agency review process, has issued a Draft Decision Notice and Finding of No Significant Impact (or “FONSI”) in connection with Otis’ proposed Plan of Operation for a significantly expanded 5-year exploration program at the Kilgore Project, Clark County, Idaho,

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Otis Initiates Fieldwork and Expands Land Position at Oakley Project

Otis Initiates Fieldwork and Expands Land Position at Oakley Project

Otis Gold Corp. (“Otis” or the “Company”) (TSX-V: OOO) is pleased to announce the commencement of a surface exploration program at its Oakley Project (“Oakley”). Oakley is a gold-silver exploration prospect located 21 km south of Oakley, Idaho, and 3 km north of the Idaho-Utah state line along the western flank of the Albion Mountains, part of the Albion-Raft River-Grouse Creek Metamorphic Core Complex.

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Otis Adds New Gold Targets at Kilgore

Otis Adds New Gold Targets at Kilgore

Otis Gold Corp. is pleased to announce the addition and further definition of emerging gold targets at its Kilgore Project in Clark County, Idaho. These targets were generated as a result of surface geochemical sampling and ground geophysical surveys conducted in the 2016 and 2017 exploration seasons. The geochemical program consisted of sampling and assay of soils, silts and rocks; the geophysical program consisted of property-wide ground magnetic surveys. These activities were complemented by historical Induced Polarization and CSAMT surveys. 

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