Otis Gold Corp. strives to unlock shareholder value through resource discovery and development. Otis is well funded 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.
New 5-year permits for 2018, will allow a significant amount of flexibility to aggressively test new exploration targets and to expand the gold resources at Kilgore. A specific exploration program for 2018, which includes expantion drilling and drill testing targets both within and external to the current project boundaries (Gold Ridge, Prospect Ridge and Dog Bone Ridge), will be finalized once the new permits are approved and received.
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.”
Otis Increases Kilgore Indicated Gold Resource by 59%, 825,000 Indicated and 136,000 Inferred Gold Ounces
Otis Gold Corp. (“Otis” or the “Company”) (TSX-V: OOO) (OTC: OGLDF) is pleased to announce an updated independent mineral resource estimate at its 100% owned Kilgore Project (“Kilgore”) located in Clark County, Idaho.