GREY:OGLDF - Post by User
Post by
herbaciouson Oct 07, 2011 11:31am
197 Views
Post# 19129729
ITS ALL IN YOUR FAVOUR
ITS ALL IN YOUR FAVOURVANCOUVER, BRITISH COLUMBIA, Oct 6, 2011 (Marketwire via COMTEX News Network) --Otis Gold Corp. (TSX VENTURE:OOO)(OTCQX:OGLDF)(PINK SHEETS:OGLDF) ("Otis" or the "Company") is pleased to announce that it has encountered new ore-grade intercepts in excess of 100-metres thick from its most recent round of drilling at the Kilgore Gold Project ("Kilgore"), Clark County, Idaho. These results are groundbreaking as collectively they define a significant extension of bulk-tonnage gold mineralization at the Kilgore Mine Ridge deposit. These intercepts (see Table 1), the thickest and some of the shallowest and stronger ones drilled by Otis since acquiring the project in 2008, are all open-ended and collectively extend the deposit an additional 150 metres to the northwest. Intercepts include:
1) 114.3 metres (m) @ 0.89 grams per tonne gold (g/t Au), that includes 80.8 m @ 1.10 g/t Au in hole 11 OKC-258, and 2) 118.8 m @ 0.89 g/t Au, that includes 36.5 m @ 1.65 g/t Au in hole 11 OKC-259
DO YOUR OWN DUE DILIGENCE
HERB