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Otis Gold Corp. ("Otis") is a Canadian-based mineral exploration company with a portfolio of quality precious metals projects located in Idaho, USA. The company is currently focused on exploring its flagship Kilgore Project, located in Clark County, Idaho and the Oakley Project, located in Cassia County, Idaho.

On February 24, 2020, Excellon Resources Inc. and Otis Gold Corp. announced a definitive agreement whereby Excellon will acquire all the issued and outstanding shares of Otis Gold pursuant to a plan of arrangement under the Business Corporations Act (British Columbia). The combined company will be a well-financed precious metals producer with established silver production in Mexico and an attractive gold development project in the United States. The combination of these companies is an initial step in Excellon becoming a larger multi-asset precious metals producer.

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Otis Gold Corp. strives to unlock shareholder value through resource expansion, discovery and development. Otis is well funded and our experienced technical team is focused on growing the gold resource in size and grade at the Kilgore Project, and exploring for the district-scale potential outside the deposit area. The 5-year Plan of Operation permit, approved in August 2018, allows for a significant amount of flexibility to expand the gold resources at Kilgore and aggressively explore known exploration targets surrounding the Kilgore deposit. A specific exploration program for 2020, up to 25,000 metres, will be finalized after an assessment of the results from the 2019 Kilgore drill program and a compilation and review of all exploration data from this and prior year’s field programs.

Craig Lindsay, Otis President & CEO, stated: “Otis is at a critical juncture in the development of the Kilgore Project. While significant growth potential exists at the current deposit, which will remain a critical focus of future drilling, exploration outside of the existing deposit area has the potential to quickly take Kilgore to the next stage. We are excited about working with the U.S. Forest Service and the local community on this newest round of permitting at Kilgore.”

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News Releases

Excellon Resources to Acquire Otis Gold Creating a New Multi-asset Precious Metals Company

Excellon Resources Inc. (TSX:EXN, EXN.WT, OTC:EXLLF and FRA:E4X1) (“Excellon” or the “Company”) and Otis Gold Corp. (TSX-V:OOO, OTC:OGLDF, FRA:4OG) (“Otis Gold”) are pleased to announce that they have entered into a definitive agreement (the “Agreement”)

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Otis Significantly Extends Mineralization at Kilgore

Otis Gold Corp. (“Otis” or the “Company”) (TSX-V: OOO) (OTC: OGLDF) is pleased to announce that results from the Fall 2019 drill program at the Kilgore Project indicates gold mineralization extends to the west and the south of the existing Kilgore Deposit

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Federal Court Issues Final Judgement/Order Confirming Good Status of Kilgore Permit

Otis Gold Corp. (“Otis” or the “Company”) (TSX-V: OOO) (OTC: OGLDF) reports that Idaho federal district court Judge B. Lynn Winmill issued a final Judgment in Idaho Conservation League et al v. U.S. Forest Service

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Kilgore Project

The Kilgore Project consists of 614 federal mining claims and one Idaho State Land Permit totaling 12,150 acres (or 49.2km2) located in southeastern Idaho within Clark County, 60 miles north of Idaho Falls.

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Oakley Project

The Oakley Project consists of 198 federal lode mining claims and several Utah State leases (comprising approx. 5,120 acres) located in Cassia County, Idaho, approximately 15 miles south of the town of Oakley and just north of the Utah/Nevada border.

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