Otis Reports Q3 Financial and Operating Results
Otis Gold Corp. (“Otis” or the “Company”) (TSX-V: OOO) (OTC: OGLDF) is pleased to provide a corporate update and report its financial results for the nine month period ending March 31, 2019.
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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 2019, 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 be finalized before commencement of drilling.
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.”
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