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.”

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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. 

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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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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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