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.

Read More

Otis Gold CEO Craig Lindsay on Successful 2017 Drill Campaign & 2018 Catalysts

Otis Gold CEO Craig Lindsay on Successful 2017 Drill Campaign & 2018 Catalysts

I think the real takeaway from these results, and really our entire package of drill results from the 25 holes that we drilled in 2017, is that these things number one, have really demonstrated the continuity of the deposit at Kilgore, and number two, we've continued to identify areas of the deposit which remain open to drilling.

Read More

Otis Intercepts 118.9 Metres @ 1.41 g/t Au and 137.2 Metres @ 0.91g/t Au at Kilgore

Otis Intercepts 118.9 Metres @ 1.41 g/t Au and 137.2 Metres @ 0.91g/t Au at Kilgore

Otis Gold Corp. is pleased to announce assay results for the final nine core holes from its 25-hole, 8,000-metre drill program at the Kilgore Project in Idaho.

 

The primary goal of the drill program was to follow-up on open-ended drilling at depth and laterally as infill on drill intercepts from 2015 and 2016, primarily in the prospective Late Cretaceous Aspen Formation (or “Aspen”) sedimentary host unit within and along the “Aspen Corridor” (see News Releases dated February 9, 2016, and January 19, 2017). Timberline Drilling of Hayden, Idaho performed all the drilling employing two Atlas Copco CS14 core rigs. 

Read More

Otis Increases Kilgore Project Land Position by 33%

Otis Increases Kilgore Project Land Position by 33%

Otis Gold Corp. is pleased to announce that it has increased its land position at the Kilgore Project, Clark County, Idaho, by approximately 3,000 acres, or 33%. The additional land was acquired by the direct staking of 150 federal lode mining claims located immediately adjacent and contiguous to the Company’s existing Kilgore claims.

Read More

Otis Drills 24.4 Metres @ 4.33 g/t Au and 53.3 Metres @ 1.23 g/t Au at Kilgore

Otis Drills 24.4 Metres @ 4.33 g/t Au and 53.3 Metres @ 1.23 g/t Au at Kilgore

Otis Gold Corp. is pleased to announce assay results for seven additional holes from its 25-hole, 8,000-metre, 2017 Kilgore Project drill program. Bulk-tonnage intercepts of 24.4 metres (m) grading 4.33 grams per tonne gold (g/t Au) in hole 17 OKC-37353.3 m grading 1.23 g/t Au in hole 17 OKC-375, and 100.2 m grading 0.74 g/t Au in hole 17-OKC 378have been intersected. Core logging is now complete and assays from the final nine holes outstanding will be reported when available.

Read More

Otis Announces Results of Annual General Meeting

Otis Announces Results of Annual General Meeting

Otis Gold Corp. is pleased to announce the results of its annual general meeting of shareholders (the “Meeting”) held on January 15, 2018. At the Meeting, all resolutions proposed in the Company’s Information Circular dated December 11, 2017 were accepted by Company shareholders, including the election of Messrs.

Read More

Otis Provides Kilgore Permitting Update

Otis Provides Kilgore Permitting Update

“The initial public comment period is an important part of the permitting process, and we are pleased the USFS is working within our planned timelines for the approval of our new Plan of Operation.  We have been operating in Idaho since 2008, and remain committed to continuing our policy of utilizing best practices in the conduct of all our exploration programs.”

Read More

Otis Submits Plan of Operation for Major Kilgore Exploration Program

Otis Submits Plan of Operation for Major Kilgore Exploration Program

Otis Gold Corp. is pleased to announce the submittal of a Plan of Operation (or the “Plan”) to the U.S. Forest Service in connection with a proposed exploration program at its Kilgore Project, Clark County, Idaho.  Permitting of this program will include drilling at up to 140 drill sites to further develop the Kilgore Deposit and test new exploration targets.

Read More

Otis Drills 129.4 Metres @ 1.66 g/t Au and 73.1 Metres @ 1.13 g/t Au at Kilgore

Otis Drills 129.4 Metres @ 1.66 g/t Au and 73.1 Metres @ 1.13 g/t Au at Kilgore

Otis Gold Corp. is pleased to announce assay results from the first three holes of its ongoing 2017 drill program at the Kilgore Project, where bulk-tonnage intercepts of 129.4 metres (m) grading 1.66 grams per tonne gold (g/t Au) (includes 24.4 m grading 3.45 g/t) in hole 17 OKC-356 and 73.1 m grading 1.13 g/t Au in hole 17 OKC-358 have been intersected. The ongoing program comprises a total of 7,300 metres of drilling over 23 holes (see News Release dated July 19, 2017). To date, 20 holes have been drilled totaling 6,100 m with core logging on-going and assays pending. 

Read More

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%.

Read More