Otis Gold Corp. strives to unlock shareholder value through resource discovery and development. Otis is well supported and our experienced technical team is focused on continuing to increase the grade and size of the gold deposit at the Kilgore Project through significant exploration activities.
The 5-year Plan of Operation permit received in August 2018, allows for a significant amount of flexibility to aggressively test new exploration targets and expand the gold resources at Kilgore. An exploration program for 2019/2020, which includes expansion drilling and drill testing targets both within and external to the current project boundaries (Gold Ridge, Prospect Ridge and Dog Bone Ridge), will consist of up to 25,000 metres of reverse circulation and diamond drilling. In 2019, Otis completed phase one drilling consisting of 11 reverse circulation drill holes targeted at expansion drilling at the Kilgore deposit.
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 a district-scale potential.”
Excellon and Otis Gold File Joint Circular In Connection With Proposed Arrangement
Excellon Resources Inc. and Otis Gold Corp.announced today that they have filed a joint management information circular (the “Circular”), which will be mailed out to their respective shareholders’ next week for the meetings to be held on April 17, 2020,
Excellon and Otis Gold Obtain Interim Order For Plan of Arrangement
– 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”) are pleased to announce the receipt of an interim order from the Supreme Court of British