Otso Gold Corp. V.OTSO

OTSO future exploration land package?

[triple3]

I know this is pre emptive considering OTSO has not completed finacing nor started mining but i am looking for information on what exploration land package OTSO has and where it is located in reference to their present mill site and ifo on their drill results there GLTA


"We hold significant land in exploration leases regionally which were identified and drilled by OutoTec and contain promising intercepts."

[Dummoney]

Yea, with the mill built, gold price high, fuel price low, and (hopefully) start up financing secured , the last remaining question is do we have the gold? Which actually should be the first question, haha

[triple3]

From what i can find OTSO has 4300 hectres and they provide a map on page 6 of their presentation but no legend....ya all the things you list make for a very compellinhg case for OTSO. The drilling program should add ounces and area to be mined. What we have now is 65,000 oz yr from 1.5 m oz total which is excellent mine life but would still like to know what would be in the pipeline for the

[rborhi]

I recently emailed the company, their plan is to produce on an annual basis 95,000 oz Au once fully operational, not 65,000 oz.  That is a 15 year mine life with what they have now in resources, barring any expansion or new discoveries through drilling.

[triple3]

Thats a 46% increase in output, thanks for that info!

[rborhi]

Market cap at $17 million CAD is cheap if they can pull it off, only a few months away from start up.  Management seems like they know what they're doing.  With gold prices at these levels and an operating mine with close to 100k oz AU production, and costs of $1,000/oz, I'd say market cap should go at least 10x from here.  Imagine the numbers if gold gets to $2000 or $2300

[Dummoney]

10 bagger seems in the cards Imagine if they just do what they say they'll do.. AISC will probably be even lower with oil in the tank

[luke1234]

Please excuse my ingorance, but I have not been following news on OTSO GOLD for some time now. I assume that the plans on producing 95K ounces yearly are publicly known? Thanks. Best regards, L

[flapjackjane]

better then i thought it was, 65,000 a year for for a mine life of 6 years

[flapjackjane]

i should also say this is without further drilling, which has a big resource within and outside the mine

[Dummoney]

nice clarificartion