Federal Court Confirms Status of Kilgore Plan of Operations
2019年12月20日 - 2:25AM
Otis Gold Corp. (“
Otis” or the
“
Company”) (
TSX-V:
OOO) (
OTC: OGLDF) is pleased to
report that Idaho federal district court Judge B. Lynn Winmill
issued a decision in Idaho Conservation League et al v. U.S. Forest
Service (or “Forest Service”) that confirms Otis’ right to operate
under the five year Plan of Operation issued to Otis in 2018 at its
Kilgore Project, Clark County, Idaho. Judge Winmill found the
Forest Service adequately evaluated the potential environmental
impacts of exploration pursuant to the National Environmental
Policy Act, National Forest Management Act and Organic Act. Otis
recently completed a drill program at Kilgore under this approved
Plan of Operation (see Otis News Release dated December 13, 2019),
and has an extensive drill program planned for 2020.
Judge Winmill, in his decision, did find that
further explanation and analysis is required with respect to ground
and surface water in what is known as Dog Bone Ridge, a
historically lightly-explored exploration target that Otis feels
has strong exploration potential. The court has therefore directed
the Forest Service to update its analysis to include more
information about potential ground and surface water impacts in
this area. In the interim, Otis has a continued legal right to
explore at Kilgore under its five-year Plan of Operation and
applicable Mining Law.
Otis President & CEO, Craig Lindsay, stated:
“We are pleased that Judge Winmill has deferred to the Forest
Service, relying on both established mining law and the Forest
Service’s expertise in respect of the analysis of the environmental
impacts of the approved Kilgore Plan of Operation. We will work
with the Forest Service to remedy the data deficiencies identified
at Dog Bone Ridge, and note that much, if not all, of the
information the Court has requested has previously been collected
as part of the comprehensive permitting process. This decision is
hugely positive for Otis and our ongoing exploration efforts at
Kilgore. I would like to thank the Forest Service, in particular
its team responsible for Kilgore, and the local community of Clark
County, for their continued support. Finally, I want to assure the
local community, and Idahoans in general, that we will continue to
work collaboratively with all stakeholders, and will maintain our
focus on reducing the environmental impact of all exploration
activities.”
Alan Roberts, Otis Vice President of
Exploration, stated: “This decision reaffirms our right to continue
exploration efforts at Kilgore, which have been severely hampered
since the filing of the complaint and the uncertainty it created.
We are now in a position to significantly expand exploration at
Kilgore unencumbered by the complaint, and will be conducting a
significant drill program in 2020 with the goal being to expand the
existing Kilgore deposit and identify new ones.”
About the Company Otis is
a resource company focused on the acquisition, exploration, and
development of precious metal deposits in Idaho, USA. Otis is
currently developing its flagship property, the Kilgore Project,
located in Clark County, Idaho and the Oakley Project, located in
Cassia County, Idaho.
ON BEHALF OF THE BOARD
“Craig T. Lindsay”
President & CEO
For additional information, please contact:
Mr. Tony Perri – Corporate Development
Tel: (604) 424-8100 Email: tony@otisgold.com
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Services Provider (as defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy
of this release.
This News Release does not constitute an offer
to sell or a solicitation of an offer to sell any securities in the
United States. The securities have not been and will not be
registered under the United States Securities Act of 1933, as
amended (the “US Securities Act”) or any State securities laws, and
may not be offered or sold within the United States or to US
Persons unless registered under the US Securities Act and
applicable State securities laws, or an exemption from such
registration is available.
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