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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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.

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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. 

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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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