Otis Gold Corp

account_balanceMining

  About Us
Otis Gold Corp. ("Otis" or the "Company") is focused on the discovery, exploration and development of precious metals deposits in Idaho. Otis’s management and technical team has a proven track record of discovering and developing quality assets and unlocking shareholder wealth through the drill bit and M&A activities.
Website

http://www.otisgold.com

http://www.otisgold.com

Headquarters

580 - 625 Howe Street Vancouver, BC V6C2T6

Public Issuance

2007

Shares Outstanding

161.83m

Corporate Filings

SEDAR

Stock Symbol

OOO:CA

location_on580 - 625 Howe Street Vancouver, BC V6C2T6
 3 Reasons to invest
  1. Although the U.S. dollar is one of the world's most important reserve currencies, when the value of the dollar falls against other currencies as it did between 1998 and 2008, this often prompts people to flock to the security of gold, which raises gold prices .

     

  2. Deflation, a period in which prices decrease, business activity slows and the economy is burdened by excessive debt, has not been seen globally since the Great Depression of the 1930s. During that time, the relative purchasing power of gold soared while other prices dropped sharply.

     

  3. Demand for gold has also grown among investors. Many are beginning to see commodities, particularly gold, as an investment class into which funds should be allocated. In fact, SPDR Gold Trust, became one of the largest ETFs in the U.S., as well as one of the world's largest holders of gold bullion in 2008, only four years after its inception.

     

If you are interested in investing in us, please join management, shareholders and other interested investors in our Investor Group. We want to ensure all investors are well informed and have access to important investor information.

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 Current Team
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Kilgore Project


The Kilgore Project consists of 614 federal lode mining claims and one Idaho State Land Permit totaling 12,150 acres (49.2 km2) located on US Forest Service land in southeastern Idaho within Clark County, 60 miles north of Idaho Falls. The project is accessible by road approximately 32 miles northeast of the town of Dubois and Interstate Highway 15.

The Kilgore Project lies on the north-eastern margin of the Miocene-Pliocene Kilgore Caldera complex in the Eastern Snake River Plain, Idaho. The Kilgore Project contains the Kilgore Deposit with a current NI 43-101 (completed in 2018) Indicated Resource of 825,000 ounces (oz.) Au in 44.6 million tonnes at a grade of 0.58 g/t Au and an Inferred Resource of 136,000 oz. Au in 9.4 million tonnes at a grade of 0.45 g/t Au (the “Deposit”). The Kilgore Deposit is a low-sulphidation, gold bearing, quartz-adularia epithermal system hosted in Tertiary volcanic rocks, local Tertiary intrusive rocks, and basement Late Cretaceous, Aspen Formation sedimentary rocks. The release of an updated NI 43-101 compliant resource calculation was announced on Aug. 14, 2018 (please see Otis news release dated Aug. 14, 2018) and the technical report is to be filed on sedar within 45 days.
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Oakley Project
In July 2008, Otis initially acquired the right to earn a 100% interest in the Blue Hill Creek target in exchange for the issuance of 6.0 million shares and cash payments of $400,000 spread over five years. Subsequently, the company staked the Cold Creek target in October 2008 located approximately 6 miles north of the Blue Hill Creek target. To consolidate its land position, Otis has staked a number of federal mining claims between the two targets (which are approximately 3 miles apart) and has acquired an 80 acre Utah state lease to consolidate its land position in the area. Otis increased its ownership interest in The Oakley Gold Project to 100% and plans a field program in 2017 that will include regional mapping and ground mag.
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