Otis Gold Corp. is pleased to announce the completion of drilling operations at its flagship Kilgore Project, Clark County, Idaho. The program comprised 11 reverse-circulation holes totaling 8,415 feet and was designed to step-off the current margins of the Kilgore Deposit as defined by the 0.1 g/t gold grade shell . All samples have been delivered [...]
Otis Gold Corp. is hosting an investor webcast which will be held on Wednesday, October 23, 2019 at 12 pm PST . This live webcast event will feature Craig Lindsay, President & CEO and Alan Roberts, VP Exploration where they will give an overview of Otis Gold and its ongoing exploration efforts at Kilgore. They will also review the recent PEA and [...]
Otis Gold Corp. is pleased to announce that it has commenced drilling operations at its flagship Kilgore Project, Clark County, Idaho. The drill program, which will comprise up to 14 holes averaging approximately 230 metres in length, is designed to step-off open-ended mineralization at the margins of the Kilgore Deposit. This first phase of [...]
Otis Gold Corp. is pleased to announce the initiation of a planned 3,250 metre reverse circulation drill program at its flagship Kilgore Project, Clark County, Idaho. The drilling will be conducted under an approved Plan of Operation, and is the first phase of a larger 25,000 metre exploration program planned for Kilgore. The first phase will [...]
Otis Gold Corp. is pleased to announce the closing of its previously announced non-brokered private placement . Due to increased investor interest, the financing was oversubscribed and closed on 13,263,500 units at a price of 10 cents per unit for aggregate proceeds of $1,326,350. Each unit consists of one common share of the Company and one-half [...]
Otis Gold Corp. is pleased to announce that further to its news release dated July 30, 2019, the Company has filed on SEDAR a National Instrument 43-101 Preliminary Economic Assessment for the Kilgore volcanic- and sediment-hosted epithermal gold deposit, Clark County, Idaho. The PEA as filed contains an amendment of the PEA findings released on [...]
Otis Gold Corp. is pleased to announce a non-brokered private placement financing of up to 10,000,000 units at a price of $0.10 per unit, for aggregate gross proceeds of up to $1,000,000. Each unit will consist of one common share and one-half of a common share purchase warrant. Each whole warrant will entitle the holder to acquire one additional [...]
Otis Gold Corp. is pleased to announce the completion of its maiden Preliminary Economic Assessment at the Kilgore volcanic- and sediment-hosted epithermal gold deposit, Clark County, Idaho. The PEA utilizes the resource estimate completed in August, 2018 , and provides a robust economic scenario upon which to expand the potential scope and scale [...]
Otis Gold Corp. is pleased to provide a corporate update and report its financial results for the nine month period ending March 31, 2019. Selected Financial Data The following selected financial data is derived from our unaudited condensed interim financial statements and related notes thereto for the nine months ended March 31, 2019 as prepared [...]
Otis Gold Corp. is pleased to report that Mr. C. G. Lee-Barber, the principal of 2nd Half Limited, has acquired an additional 2.0 million shares of the Company in a private transaction. This purchase increases his ownership interest to 13.9% of the issued and outstanding shares of Otis. Mr. Lee-Barber stated: “My confidence level in [...]
Otis Gold Corp. is pleased to announce that metallurgical work conducted at Kilgore on the lower volcanic stratigraphy, referred to as the “Sill Domain”, has returned favourable simulated heap leach gold recovery results of 83.5% on 38mm crush material. Additionally, final gold grades from column leach tests on crushed core show a 59 [...]
Otis Gold Corp. is pleased to announce the results of its annual general meeting of shareholders held on February 5, 2019. At the Meeting, all resolutions proposed in the Company’s Information Circular dated December 31, 2018 were accepted by Company shareholders, including the election of Messrs. Craig Lindsay, Roger Norwich, Don Poirier [...]
