The primary goal of the drill program is to follow up at depth on drill intercepts hit in 2016 at the existing Kilgore deposit, in particular in the prospective Aspen formation host unit.
In addition, two of the planned holes will be drilled for metallurgical test purposes.
Otis is also implementing an approximately 250-line-kilometre ground magnetometer survey to complement the magnetic survey work completed in 2016. Upon completion of this program, Otis will have ground magnetic coverage over its entire Kilgore land package.
The company will also take approximately 2,500 soil and rock-chip samples to expand coverage of the existing soils database. These new data, when factored with structural information, geology and the magnetic data, will be used to plan exploration drilling for 2018 and beyond as the company continues to explore for additional deposits along the Kilgore Caldera margin.
Finally, Otis announces that it has acquired several airborne surveys flown initially by Aerodat Inc., for Echo Bay Mines Ltd., in the early 1990s. The data include a GPS-registered airborne magnetic survey, several channels of radiometrics and an airborne resistivity survey.
The information will be integrated with other geologic data accumulated on the property for drill targeting purposes.