OGLDF News Alert Otis Gold Corp (OGLDF) 0.0300 02/15/2015 06

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Otis Gold Corp (OGLDF) 0.0300 $OGLDF

Otis Joint Venture Partner Reports 0.691 gpt Au Over 123m at the Oakley Gold Project
Marketwired - Thu Feb 05, 7:31AM CST
Otis Gold Corp. ("Otis" or the "Company" (TSX VENTURE: OOO)(OTCQX: OGLDF) today reports that its joint venture partner, Radius Gold Inc., has announced initial drill results from its Fall 2014 diamond drill program at the Blue Hill Creek Gold target, located within Otis' Oakley Gold Project in southeastern Idaho. Five diamond drill holes totalling 1,308m were drilled between August 30th and October 24th, 2014. Three holes intercepted gold mineralization, including 0.691 gpt Au over 123m (BHC14-01), 0.705 gpt Au over 41.1m (BHC14-03) and 0.405 gpt Au over 113.9m (BHC14-04) (see Radius Gold News Release dated February 5, 2015). A summary of the drill results are as follows:
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Otis Completes Kilgore Environmental Assessment
Marketwired - Wed Oct 08, 7:32AM CDT
Otis Gold Corp. (TSX VENTURE: OOO)(OTCQX: OGLDF) ("Otis" or the "Company" is pleased to provide a permitting update in connection with its filed Plan of Operation (the "Plan" to construct approximately 1,200 metres of new roads and conduct drilling at approximately 16 sites into the untested "North Target" area at the Kilgore Gold Project, Clark County, Idaho. The Company is reports that the United States Forest Service has now completed an Environmental Assessment and filed a draft "Decision Memo and Finding of No Significant Impact". The completion of this documentation and posting of a Public Notice (posted on October 5, 2014) initiates a 45-day review period. Based on this timeline, Otis expects to receive an approved permit in late November.
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Otis Stakes New Matrix Creek Silver-Gold Target at Oakley
Marketwire - Thu Sep 18, 7:31AM CDT
Otis Gold Corp. (TSX VENTURE: OOO)(OTCQX: OGLDF) ("Otis" or the "Company" is pleased to announce that it has recently staked 41 Federal lode-mining claims to cover its new Matrix Creek silver-gold target that is located within its larger Oakley Project, Cassia County, Idaho. In addition to these claims, the Company has applied for a 320-acre state lease with the Idaho Department of Lands. This increases Otis' total land holdings at Oakley to 2,350 acres. Matrix Creek is a detachment-related silver-gold target located approximately 1 mile southeast of the company's Blue Hill Creek target, which is currently optioned to Radius Gold Inc. ("Radius" and contains an historic Inferred 235,000 ounce gold resource (see News Release dated July 14, 2014). The new Matrix Creek claims are owned 100% by Otis and are not subject to terms of the recent agreement with Radius. The Oakley Project is located 13 miles south of Oakley, Idaho and 2-miles north of the Idaho-Utah state line on the west flank of the Albion Metamorphic Core Complex.
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Otis Announces Blue Hill Creek Joint Venture
Marketwire - Mon Jul 14, 7:31AM CDT
Otis Gold Corp. ("Otis" (TSX VENTURE: OOO)(OTCQX: OGLDF) is pleased to announce that it has signed a Letter of Intent (the "Agreement" to joint venture its Blue Hill Creek Project ("Blue Hill Creek" with Radius Gold Inc. ("Radius" . Blue Hill Creek, which is a single target located within Otis' larger Oakley Gold Project located in Cassia County, Idaho, is a high-potential, classic epithermal hot spring-type gold play. The Blue Hill Creek Project consists of 36 federal lode mining claims and one 80 acre Idaho State lease all totaling 800 acres.
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Otis Announces Resignation of Director
Marketwire - Wed Jun 18, 1:23AM CDT
Otis Gold Corp. (TSX VENTURE: OOO)(OTCQX: OGLDF) ("Otis" or the "Company" announces that Dr. Roger Norwich has resigned as a Director of the Company due to health reasons. Dr. Norwich has been an active member of the Board of Directors since October 2012, and also served as a Member of the Audit Committee. Mr. Craig Lindsay, President & CEO, stated: "On behalf of the shareholders and the Board, I want to thank Roger for the active role he has played in the development of Otis. He has been a tremendous asset to the Company, and his advice and guidance will be missed. We wish Roger well during his recovery."
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