• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Minerals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    gold investing

    Otis Gold Commences Drill Program at Kilgore

    Written by Georgia Williams
    |
    Oct. 02, 2019 11:26AM PST

    Otis Gold has announced the initiation of a planned 3,250 metre reverse circulation drill program at its flagship Kilgore project located in Clark County, Idaho.

    Otis Gold (TSXV:OOO,OTC:OGLDF) has announced the initiation of a planned 3,250 metre reverse circulation drill program at its flagship Kilgore project located in Clark County, Idaho.

    As quoted from the press release:

    The drilling, expected to take approximately 45 days, will be conducted by Alford Drilling, LLC of Butte, Montana, using an Explorer 1500 tire mounted “buggy” reverse circulation drill rig; results will be released when available.

    In keeping with Otis’ philosophy of implementing best exploration practices, the Fall 2019 drill program has been designed to keep environmental disturbance to a minimum. This includes the selection of state-of-the-art reverse circulation technology that reduces the water requirement as well as reducing additive use, while the use of face-sampling center return drill bits will maximize and optimize sample quality. Three-dimensional modeling software was used to review and relocate drill holes to reduce the need for additional new road construction; since filing the original Plan of Operation, the relocation of drill sites resulting from advanced modeling has removed several hundred metres of new road construction.

    Otis President & CEO, Craig Lindsay, stated: “We are very excited to have recently raised C$1.3 million in an oversubscribed private placement to fund this drill program. The imminent start of exploration drilling is the beginning of a new phase at Kilgore that will be marked by extension and expansion of the current resource, combined with ongoing targeting of newly discovered areas of near surface gold occurrences.”

    Click here to read the full announcement 

    gold investingtsxv:ooootc:ogldfotis gold
    The Conversation (0)

    Go Deeper

    AI Powered
    Western Copper and Gold

    Western Copper and Gold Commences Exploration and Drilling Program at Casino

    Visible Gold Mines Starts Winter Drilling Program

    Latest News

    Aurum Adds More High-Grade Gold at Boundiali’s BST1 Deposit

    Alice Queen Divests Non-Core NSW Asset

    Capital Tides 2026 Sets Sail September 10 with 26 Presenting Companies as Final Investor Seats Open

    Stockpiles Continue to Deliver High- Grade Gold Assays

    NevGold Appoints Dale Found as CFO, Current CFO Bob McKnight Transitions to VP Engineering Studies To Support Next Project Development Phase

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Precious Metals Investing Stocks

    Horizon Gold

    Horizon Gold (HRN:AU)
    HRN:AU

    Mayfair Gold Corp.

    Mayfair Gold Corp. (MFG:CC)
    MFG:CC

    EraNova Metals

    EraNova Metals (NOVA:CC)
    NOVA:CC

    Triple One Metals

    Triple One Metals (TONE:CC)
    TONE:CC

    Tinka Resources

    Tinka Resources (TK:CC)
    TK:CC

    Omega Pacific Resources

    Omega Pacific Resources (OMGA:CC)
    OMGA:CC
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES