Otis Increases Land Position at Kilgore By 58%
22 Febrero 2012 - 6:30AM
Marketwired Canada
Otis Gold Corp. ("Otis" or the "Company") (TSX VENTURE:OOO)(OTCQX:OGLDF) 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
This News Release does not constitute an offer to sell or a solicitation of an
offer to sell any securities in the United States. The securities have not been
and will not be registered under the United States Securities Act of 1933, as
amended (the "US Securities Act") or any State securities laws, and may not be
offered or sold within the United States or to US Persons unless registered
under the US Securities Act and applicable State securities laws, or an
exemption from such registration is available.
Otis Gold (TSXV:OOO)
Gráfica de Acción Histórica
De Oct 2024 a Nov 2024
Otis Gold (TSXV:OOO)
Gráfica de Acción Histórica
De Nov 2023 a Nov 2024
Real-Time news about Otis Gold Corp (TSX Venture Exchange): 0 recent articles
Más de Otis Gold Corp. Artículos de Noticias