Federal Court Issues Final Judgement/Order Confirming Good Status of Kilgore Permit
20 Januar 2020 - 2:30PM
Otis Gold Corp. (“
Otis” or the
“
Company”) (
TSX-V:
OOO) (
OTC: OGLDF) reports that
Idaho federal district court Judge B. Lynn Winmill issued a final
Judgment in Idaho Conservation League et al v. U.S. Forest Service
(the “Complaint”) on January 16, 2020 that confirms Otis’ continued
legal right to conduct exploration activities, including drilling,
at the Kilgore Project, Clark County, Idaho.
This Judgment, which is a final step in the
court’s review of the Complaint, confirmed and referenced the
court’s Decision issued on December 18, 2019 (see Otis news release
dated Dec. 19, 2019). In its Decision, the court found that the US
Forest Service adequately evaluated the potential environmental
impacts of exploration pursuant to the National Environmental
Policy Act, National Forest Management Act and Organic Act. The
court did find that further explanation and analysis is required
with respect to groundwater in what is known as Dog Bone Ridge, and
Otis will be assisting the US Forest Service with any additional
analysis required to address potential impacts in this area prior
to proceeding with drilling activities in this limited area.
Otis CEO, Craig Lindsay, stated: “We are pleased
that this matter has been concluded. We want to assure the local
community, and Idahoans in general, that we are committed to openly
engaging with our community stakeholders to address and mitigate
concerns through activities such as project open houses, site
visits and other methods of constructive engagement. Further,
we reiterate our focus on minimizing the environmental footprint of
all exploration and development activities.”
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/Investor
RelationsTel: (604) 683-2507 Email:
tony@otisgold.com
Neither TSX Venture Exchange nor its Regulation
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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