Otis Increases Land Position At Kilgore By 58%
February 22, 2012
VANCOUVER, BC – Otis Gold Corp. (“Otis” or the “Company”) is pleased to announce that, due to the positive drilling results it has received during the last two drill seasons, it has acquired an additional 1,880 acres of land contiguous to the Kilgore Gold Project (“Kilgore”), increasing its total Kilgore land package to 5,130 acres. The additional land comprises 70 Federal lode mining claims (totaling 1,400 acres) and one Idaho State Land Use Permit (480 acres). The land was acquired via direct staking of federal lode mining claims and an application submitted to the State of Idaho.
States President & CEO Craig Lindsay: “We continue to achieve strong drill results at Kilgore, and the larger land position better reflects the increasing potential of the project.”
About The Company
Otis is a Canadian-based mineral exploration company focused on the acquisition and development of quality precious metal deposits in Idaho, USA. Otis is currently developing its flagship property, the Kilgore Gold Project, located in Clark County, Idaho (approx. 60 miles north of Idaho Falls).
ON BEHALF OF THE BOARD
“Craig T. Lindsay”
President & CEO
For additional information, please contact:
Tel: (604) 683-2507
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