(MARKETWIRE via COMTEX) — Otis Gold Corp. CA:OOO +2.86% (otcqx:OGLDF) (“Otis” or the “Company”) is pleased to provide an update on recent developments at its Kilgore Gold Project, Clark County, Idaho.

Ongoing 2011 Drill Program

A total of up to 10,000 metres of drilling is planned for Kilgore in 2011. This season’s drill program commenced on June 22, 2011, and Otis currently has two core rigs drilling operating on a 24-hour basis. To date, Otis has completed 17 holes totaling 4,150 metres at Mine Ridge (11 holes) and Prospect Ridge (6 holes). Based on progress to date, the Company expects to complete the planned Mine Ridge and Prospect Ridge drilling by the end of September. The Company may expand the ongoing drill program at these two sites dependent on drill results. Drilling is being conducted by Timberline Drilling of Coeur d’Alene, Idaho.

The Company has implemented a streamlined process for logging and splitting core in 2011. As a result, core processing is maintaining pace with drilling. All samples are being submitted to ALS Chemex in Elko, Nevada. Due to the high demands on ALS Chemex arising from heavy seasonal drilling activity in the region, drill results are taking approximately 6 to 8 weeks to turnaround. We expect to have our first drill results available later this month, and results will likely continue to be received into 2012. All drill results will be released as they become available.

An archaeological survey has been completed in advance of the submission of a Plan of Operation for the planned 1,500 meters of drilling at the Gold Ridge target. The Plan of Operation will be submitted within the next week, and based on historical experience we expect approval within six weeks. Assuming appropriate drill and helicopter equipment can be secured (no existing road access is available into the area), drilling at Gold Ridge is planned to commence in October.

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