Otis Gold Corp. ("Otis" or the "Company") is focused on the discovery, exploration and development of precious metals deposits in Idaho. Otis’s management and technical team has a proven track record of discovering and developing quality assets and unlocking shareholder wealth through the drill bit and M&A activities.
Otis wholly owns a 100% ownership interest in gold and silver projects in Idaho, USA. Its flagship, the Kilgore Project (or "Kilgore"), is located in Clark County, Idaho. Kilgore is an advanced-stage open pit, heap leach low sulphidation epithermal gold deposit that contains a NI 43-101 compliant Indicated resource estimate of 520,000 oz Au @ 0.59 g/t and Inferred resource estimate of 300,000 oz Au @ 0.46 g/t which was prepared in 2012. Subsequent to the current resource estimate, approximately 23,000 metres of additional drilling has been completed that will be reflected in a new updated resource estimate. Additionally, significant potential exists to increase the size and grade of the deposit as well as discover additional targets within the 12,150 acre (49.2 km2) claim area. No royalties or other encumbrances exist at Kilgore.
Otis Capital Corp. was incorporated under the Business Corporations Act (British Columbia) on April 24, 2007. On January 14, 2009, the Company changed its name to Otis Gold Corp. The Company's common shares are listed on the TSX Venture Exchange (the "Exchange") under the trading symbol OOO. On July 16, 2008, the Company acquired an option to acquire a 100% interest in the Blue Hill Creek Project located in Cassia County, Idaho (which is now known as the Oakley Project). At the same time, the Company also acquired an option to earn up to a 75% interest in the Kilgore Project, located in Clark County, Idaho, and the Hai and Gold Bug properties, located in Lemhi County, Idaho. In November 2010, the Company increased its interest in the Kilgore Project and related assets to 100%. Further, in 2017, the Company completed a transaction that increased its ownership in the Oakley Project to 100%. The Company is currently exploring for precious metals on these properties.
Otis is a gold exploration company focused on developing projects which have multi-million ounce potential located in mining-friendly jurisdictions. Otis is leveraging the talents of technical team, which made up the core of the Echo Bay Mines US exploration team in the mid 1990s, to build out its property portfolio. The technical team is complimented by a management team with a strong level of experience in corporate finance and public company management. While each project is approached with the goal of ultimately putting mines into production, the exit strategy will likely be through an M&A transaction.
Craig Lindsay, MBA, CFA
President and CEO
Mr. Lindsay has in excess of 20 years experience in corporate finance, investment banking and business development in both North America and Asia. Mr. Lindsay was President and CEO of Magnum Uranium Corp. until its sale to Energy Fuels Inc. (TSX: EFR) in July 2009, and prior thereto was a Vice President in the Corporate Finance and Investment Banking Group at PricewaterhouseCoopers LLP. Mr. Lindsay was a founding Director of Malasapina Capital Ltd. and led its merger with Miranda Mining Development Corp (a Mexico-based gold producer that was subsequently acquired by Wheaton River Minerals in 2003). He was a Founder of OneAsia.com (Holdings) Ltd. and helped develop the business from inception to the establishment of offices in Hong Kong, Taipei, Mumbai and Vancouver, and was instrumental in the sale of the business to Hutchison Whampoa Limited in 2001. He is currently a Director of VR Resources Ltd. (TSX-V), Alianza Minerals Ltd. (TSX-V) and Philippine Metals Inc. (TSX-V).
Mr. Lindsay has a Bachelor of Commerce (Finance) from UBC (1989), an MBA (Finance and International Business) from Dalhousie University (1993) and is a Chartered Financial Analyst. He is a Past Chairman of the Family Services of Greater Vancouver (the largest social service agency in British Columbia) and is Chairman of the Hong Kong – Canada Business Association (HKCBA) and a Past President of the Vancouver Section of the HKCBA. Additionally, he served on the Western Leadership Council of Dalhousie University’s successful $250 million “Bold Ambitions” capital campaign.
Mr. Nowell is an experienced accountant who has more than 30 years experience with small mining and high-tech publicly traded and private companies. He is the Chief Financial Officer for Otis Gold Corp. and currently provides accounting services for 5 Vancouver based companies.
Mitch Bernardi, M.Sc. Geology
Mr. Bernardi has over 30 years of experience in the mining industry and a proven exploration track record of mineral resources and discoveries in gold, zinc, copper, yttrium, rare earths, and uranium. The bulk of Mr. Bernardi’s experience, some 20 years, has been in precious metals property generation, exploration, and development, having worked on numerous deposit types while employed by Latitude Minerals, Echo Bay Mines, Cyprus Metals Exploration, Meridian Minerals, Unocal - Molycorp, Inc., Amoco Minerals and Magnum Uranium Corp.
Discoveries directly associated with Mr. Bernardi as project leader or as co-discoverer of include the Kilgore gold deposit, Idaho (706,000 ounces Au), Coulterville gold project, California (70,000 ounces Au), Crypto zinc deposit, Utah (6.01MM Tons @ 8.68% sulfide zinc), Pan gold deposit, Nevada (400,000 ounces Au), Santiam copper breccia pipe, Oregon, and the Blue Hill Creek gold/silver deposit, Idaho (230,000 ounces Au.)
John Carden, Ph.D Lic. Geo.
Dr. Carden has more than 30 years experience in exploration management, teaching, and research. He has broad experience in managing large exploration programs including tracking costs, managing personnel, negotiating leases and contracts, writing technical reports, delivering verbal presentations, writing permitting and compliance documents for state and federal agencies, and managing remote drilling programs involving camp logistics. He has a proven track record for discovery of ore deposits in the western United States, with a gross metal value of more than $765 million.
From 1986 through 1998, Dr. Carden was with Echo Bay Mines. During the period from 1992 to 1998, he was Echo Bay’s Director of U.S. Exploration, where he directed the work of two district geologists, eight senior geologists, and a GIS specialist. This group was successful in generating 35 funded projects over a five year period. While at Echo Bay, he discovered the 600,000 ounce Lamefoot gold deposit, Echo Bay’s highest grade and lowest cost producer, and the Easy Junior gold deposit, a 250,000 ounce sediment-hosted gold deposit located in White Pine County, Nevada. Most recently, Dr. Carden has consulted on gold projects in Mexico for Minefinders in Chihuahua and Sonora states, in Zacatecas for Corex Gold Corp. and in the U.S. for Magnum Uranium Corp. Dr. Carden has a Ph.D. in Geology from the Geophysical Institute, University of Alaska, and an M.Sc. degree in Geology from Kent State University. He is a Licensed Geologist in the State of Washington and a member of the American Institute of Professional Geologists and a Fellow of the Society of Economic Geologists.
Dr. Carden is currently a Director of Paramount Gold and Silver Corp.
Bruno Barde, MSc, PGeo
Mr. Buno Barde provides the Company with extensive mineral exploration experience, both domestic and international. Over the past 25 years, Mr. Barde has managed large mineral exploration programs in North America, South America, Africa and Europe. Previously he held senior positions with Placer Dome Inc. and, more recently, served as Regional Chief Geologist for Alamos Gold Corp.