Otis Gold: The Year in Review

Otis Gold: The Year in Review

Otis Gold Corp. is pleased to provide the following review of its activities and accomplishments over the past year.  Strength in the gold price early in 2017 drove interest in the junior exploration sector and allowed Otis to fund active exploration and development programs at both its Kilgore and Oakley Gold Projects.  The close of the year saw a challenging trading environment as the price of gold weakened, with the result being a softening in gold company valuations, particularly at the junior end of the market.  That said, Otis remains very optimistic about 2018 for gold prices and company valuations and is excited about the exploration year ahead.

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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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