Otis Gold kicks off exploration at Oakley project in Idaho; aims to model deposit

Oakley hosts epithermal hot spring-type mineralization at two targets - Blue Hill Creek and Cold Creek
Otis Gold kicks off exploration at Oakley project in Idaho; aims to model deposit
Otis is a gold, silver deposit in Idaho
Otis Gold Corp (CVE:OOO) has kicked off this year’s exploration program at the Oakley gold, silver project In Idaho in a bid to model the deposit.
Oakley hosts epithermal hot spring-type mineralization at two targets - Blue Hill Creek and Cold Creek.

There is also detachment-related gold-silver mineralization at the Matrix Creek target.
"We are pleased to announce the start of this year's exploration program at Oakley; our hope is that enhanced understanding of the overall geologic controls will allow us to develop a coherent ore deposit model for the Oakley Project,” said vice president of exploration Alan Roberts.
“Oakley's current geologic map is both historical in nature and incomplete; the ongoing field work marks the next phase in a comprehensive exploration program that will ultimately lead to the generation of drill targets for testing."
The initial fieldwork consists of a systematic program of geologic mapping and sampling of all the project area, which currently covers around 5,120 acres.
Phase 1 of the program is focused on Cold Creek, which to-date has received very little exploration by Otis.
Future phases will target the Blue Hill Creek and Matrix Creek target areas.
Otis also today said it had expanded its footprint at Oakley through the staking of 56 federal lode mining claims and has made an application for additional Idaho state leases totalling 960 acres, so that additional land may be acquired.
Shares added over 6% to C$0.26 before dropping back in aftrenoon trade to C$0.24.
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