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Focused on Production February 2013

Otis goldfeb2013corppres

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Page 1: Otis goldfeb2013corppres

Focused on Production

February 2013

Page 2: Otis goldfeb2013corppres

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Legal Disclaimer

Except for the statements of historical fact contained herein, the information presented constitutes “forward‐looking statements” within the meaning

of the Safe Harbour Statement under the United States Private Securities Litigation Reform Act of 1995. Such forward‐looking statements including

but not limited to those with respect statements, to the price of gold, the timing and amount of future production, costs of production, reserve and

resource determination and reserve conversion rates, involve known and unknown risks, uncertainties and other factors which may cause the

actual results, performance or achievement of the Company to be materially different from any future results, performance or achievements

expressed or implied by such forward‐looking statements. Such factors include, among others, risks relating to the integration of acquisitions, risk

relating to international operations, risks relating to joint‐venture operations, the actual results of current exploration activities, conclusions of

economic evaluations, changes in project and exploration parameters as plans continue to be refined and future prices of gold and silver.

Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors

that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as

actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue

reliance on forward‐looking statements.

CAUTIONARY NOTE TO US INVESTORS CONCERNING ESTIMATES OF MEASURED, INDICATED & INFERRED RESOURCES

This presentation uses the terms “Measured”, “Indicated” and “Inferred” Mineral Resources. US investors are advised that while such terms are

recognized and required by Canadian Securities Regulatory Authorities and laws, the Securities and Exchange Commission does not recognize

them. “Inferred Resources” have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility.

It cannot be assumed that all or any part of an Inferred Resource exists, is economically or legally mineable or will ever be upgraded to a higher

category.

Under Canadian securities laws, estimates of Inferred Resources may not form the basis of feasibility or other economic studies. US investors are

cautioned not to assume that all or any part of Measured or Indicated Resources will ever be converted into reserves, and also that all or any part

of an Inferred Resource exists, or is economically or legally mineable.

QUALIFIED PERSON

Under National Instrument (NI 43-101) Standards of Disclosure for Mineral Projects, the Qualified Person for this Otis Gold Corp. presentation is

Dr. John Carden, PhD Lic. Geo. and consulting geologist for Otis Gold Corp., who has reviewed and approved its contents.

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Otis currently has 4 projects located in Idaho, USA

Kilgore Project (Au)

Oakley Project (Au)

Gold Bug Project (Au)

Hai Project (Au)

2 contain established, open-ended gold resources:

The Kilgore Gold Project Advanced-stage exploration project

NI 43-101 compliant Resource Estimate

Indicated 520,000 oz Au @ 0.59 gpt

Inferred 300,000 oz Au @ 0.46 gpt

The Oakley Project Intermediate-stage exploration target

NI 43-101 compliant Resource Estimate

Indicated 235,000 oz Au @ 0.55 gpt

Joint venture signed in January 2013

Otis aims to become the leading consolidator of gold projects in the Western USA, using the Kilgore Gold

Project to anchor the story.

3

Overview

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Cash Position (Sept 30, 2012) CAD $1.3 million

Issued Shares (see Appendix 2) 50.1 million

Options Outstanding 3.0 million

Warrants Outstanding 3.6 million

Fully Diluted Shares 56.7 million

Treasury (January 31, 2013) $0.75 million

Insider/Close Hands Holdings ~15%

52 Week High/Low CAD $.35/$0.07

Avg. Daily Vol. (12 week) ~50,000

Share Capitalization

TSX-V: OOO

OTCQX: OLGDF

No debt

Management & close hands own a significant position

Institutions have between 35 – 40% ownership interest

Galena Special Situations Fund ~7% shareholder

Trading at historic lows

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Management has demonstrated success in resource discovery, project development, finance & corporate governance.

Former Echo Bay Mines US exploration team comprises the core of the Otis technical team.

MANAGEMENT & BOARD OF DIRECTORS (see Appendix 2 for detailed biographies)

Craig Lindsay, BComm, MBA, CFA

President & CEO, Director

Founder & Former CEO: Magnum Uranium Corp. (TSX-V), which was merged with Energy Fuels Inc

(TSX: EFR) in 2009

Former VP, Investment Banking: PricewaterhouseCoopers LLP

Director: Tarsis Resources Corp. (TSX-V); Philippine Metals Inc. (TSX-V); Archer Petroleum Corp.

Mitch Bernardi, M. Sc. Geology

Chief Geologist

Former Senior Geologist: Echo Bay Mines

Former Chief Geologist: Magnum Uranium Corp. (TSX-V)

Dr. John R. Carden, PhD, Lic. Geo

Consulting Geologist

Director: Paramount Gold & Silver Corp. (NYSE AMEX)

Former Director of US Exploration: Echo Bay Mines

Bob Nowell

Chief Financial Officer

Former CFO: Tournigan Energy Ltd. (TSX-V)

Former CFO: Magnum Uranium Corp (TSX-V)

Dr. Donald E. Ranta, PhD, P.Geo

Director

President & CEO: Rare Element Resources Ltd. (TSX-V)

Director: Animas Resources Ltd. (TSX-V)

Former VP, Exploration: Echo Bay Mines

Roger Norwich

Director

Non-Executive Chairman: Mexico-based Grupo Minero Panuco

Director: Rio Alto Mining (TSX: RIO) and Founding Director Mexican Silver Mines Ltd

Norm Eyolfson

Director

Founder & Director: Zonte Metals Inc. (TSX-V)

Founder & Director: Asher Resources Corp. (TSX-V)

Founder, President & CEO: CT Developers Ltd.

Charles W. (Bill) Reed, Lic. Geo

Director

Director & Consultant: Meadow Bay Gold (TSX-V)

Former Chief Geologist: Minera Hecla S.A. de C.V. (Hecla Mining’s Mexican subsidiary) (NYSE: HL)

Sean Mitchell, BComm

Director Financial Consultant

Management Team and Directors

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Project Resource

Category

Tonnes

(millions)

Grade

Au

(opt)

Grade

Au

(gpt)

Contained

Ounces

Au

Estimation

Type Date

Kilgore Gold Deposit1

Indicated 27.3 0.017 0.59 520,000 Kriged 2012

Inferred 20.2 0.014 0.46 300,000 Kriged 2012

Oakley Project

Blue Hill Creek Inferred 14.4 0.016 0.549 235,000 G x T 2008

1. Donald E. Cameron M.S., an independent consultant and Qualified Person under National Instrument (NI 43‐101) Standards of Disclosure for

Mineral Projects has prepared, reviewed and verified the Kilgore Gold Deposit resource estimate included in this corporate presentation. Verification

included a review and validation of the applicable assay databases, reviews of assay certificates, duplicate core sampling, and a site visit. Mr.

Cameron is a Registered Member (#4018521RM) of the Society of Mining Engineers and a QP Member (#01434QP) of the Mining and Metallurgical

Society of America.

NI 43-101 Compliant Resources

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Kilgore Gold Project Overview

Previously operated by majors such as Placer Dome, Pegasus Gold & Echo Bay Mines.

Kilgore Deposit

o Mine Ridge Area

o Prospect Ridge Area

o North Target Area

232 Federal BLM Mining Claims

o 1 State Land Use Permit

5,130 Acres

100% Ownership Interest

No NSRs

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Kilgore Gold Project History

Over 60,000 metres of historic drilling has been completed at Kilgore

1993 – 1996 Echo Bay Mines

Planned to put Kilgore Deposit into production as open-pit

Internal Initial Engineering Assessment completed

11.0 MT @ 1.28 gpt identified as potentially mineable1

CAPEX est. $31.6M, cash costs @ $221/oz

6.6 year mine life based on production rate of 4,700 tpd

(45,000 oz Au per year)

Good opportunity existed to expand resource to 2.0 – 3.0Moz

Did not proceed due to low price of Au (less than $300/oz) &

deteriorating corporate financial position

2004 Kilgore Minerals Ltd.

Completed updated Scoping Study that showed attractive economics

presuming doubling existing mineable resource with Au price of

$375/oz

2008 - 2012 Otis Gold Corp.

Completed ~ 20,000 m of drilling (mostly in Kilgore Deposit Area)

Drilling contained intervals > than majority contained in existing

Kilgore NI 43-101 Resource Estimate with excellent grades

8.5 line km CSAMT survey at Dog Bone Ridge

Note 1 These estimates are historic in nature and have been presented for reference purposes only. A Qualified Person has not done sufficient work to classify the

historical estimates as current mineral resources, nor confirm the economic viability of the project, and the issuer is not treating the historical estimates as current

mineral resources and the historical estimates should not be relied upon.

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Metallogenic Regime

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Kilgore Gold Project Generalized Geologic Cross-Section

(looking Northwest)

Kilgore Deposit

Dog Bone

Ridge Targets

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Kilgore Deposit: 2008 – 2011 Select Drill Intercepts

90 of 108 holes

reported

between 2008

and 2012 have

hit

mineralization.

Intercepts and

grade

demonstrate

continuity of

deposit.

Echo Bay hole

EKR-98

intercepted

27.4m @ 1.30 g/t

300m southeast

of discovery

hole 11 OKC-252

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Grade x Thickness displays excellent

overall continuity of mineralization

Lends itself to open pit exploitation

Low strip ratio estimated at 1.5:1 or

less

Five areas open with step-out potential

to grow the deposit

“North Target” +100 m intercepts of

0.89 g/t Au

Deposit open into the “Boulder

Field”

Deposit is 1,000m long x 600m wide

and open in multiple directions

Strong NW and NE structural control to

the deposit

Kilgore Deposit – Size Potential

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Kilgore Deposit 2011 Soil Survey

Kilgore Deposit

remains wide open

to the northeast,

northwest and

southeast

(into Prospect

Ridge Area)

Location of 100m+ intercepts

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Drilling into the North Target area,

which is outside of existing resource,

achieved excellent results in 2012.

2012 Kilgore North Target Drilling

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Typical Cross Section - 11,500 N

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Echo Bay Mines (1993 – 1996)

Bottle Roll Tests: all > 90% extractability

Ore is not refractory

Column leach recoveries:

Oxide 94.3% (-0.5”)

Mixed 80.8 % (-0.5”)

Unoxidized 63.8% (-0.5”)

Oxide and mixed material comprises 85% to 90% of

deposit

Otis Gold Corp. (2010 - 2012)

Based on lithology rather than oxidation state

Column leach recoveries:

Dike 85% (-0.5”)

Lithic Tuff 81% (-0.5”)

Aspen 70% (-0.5”)

Low cyanide (1/2 lb/ton) & lime consumption

Otis has released column leach tests on 1.5” crush

material – material leaches at same rates as 0.5” crush

material in 2 of 3 tests

16

Kilgore Deposit Metallurgy

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Environment

Corporate Social Responsibility Otis is committed to growing in a sustainable manner & minimizing

its environmental impact

Environmental Scoping Study (Dec. 2010, Golder Associates Inc.)

“No issues have been identified that are considered fatal flaws.”

Exploration Permits All have been granted in 6 weeks (or less)

Idaho State Exploration Reclamation Award 1995 Recipient

No threatened or endangered species present

All drainage internal No water flows into salmon spawning grounds or rivers

Not in the view shed of any National Parks

Not in the vicinity of any Native American land

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Infrastructure

24 km to railhead

and Interstate

Excellent road access with

2-wheel drive vehicle

Significant local water supply

Permanent well on property

Power to town of Kilgore

(approx. 5 km from deposit)

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Oakley Project Joint Venture

Year Cash Shares Work

Commitments

Otis

Interest

2013 $50,000 200,000 $300,000 100%

2014 $125,000 250,000 $700,000 100%

2015 $250,000 500,000 $1,300,000 100%

2016 $250,000 1,500,000 $1,500,000 100%

2017 $250,000 2,500,000 $1,900,000 30%

2018 $500,000 500,000 $0 30%

2019 $1,000,000 1,500,000 $0 20%

2020 $2,350,000 5,000,000 $0 0%

Totals $4,775,000 11,950,000 $5,700,000

The Oakley Gold Project, located in Idaho, USA is

comprised of two primary targets (Blue Hill Creek and

Cold Creek) covering approximately 3,500 acres.

Blue Hill Creek contains a resource of 235,000 ounces

Au at grade of 0.55 gpt (NI 43-101 compliant, dated

April 2008) and Cold Creek contains a historic

resource of 85,000 oz Au (non 43-101 compliant).

The project has extremely large district-sized potential,

but has been the subject of only limited historic drilling.

Numerous drill targets have been identified at both

projects arising from a CSAMT survey completed in

2008. Otis is also in possession of a significant

Meridian Gold project database.

Joint venture signed with Lateral Gold Corp. (TSXV:

LTG) in January 2014 providing LTG with right to

acquire up to a 100% interest in exchange for shares,

cash and property expenditures.

Additionally, LTG must complete two resource

estimates and a PEA by 2017.

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2013 Goals

Kilgore Gold Deposit

Up to 7,000 m drilling planned in 20131

Focus will be on adding ounces in the North Target area to

expand Kilgore Deposit; goal of increasing resource beyond

1.0 million oz Au in 2013

Initiate Preliminary Economic Assessment and 12 month

environmental baseline studies

Note 1: These goals are dependent on the availability of adequate

capital to implement field programs, and may be adjusted.

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Company (Gold Companies with projects in Idaho)

Exchange Share I/O (millions)

Share Price

MC (millions)

NI 43-101 Ozs MC/Oz

Midas Gold TSX 114.3 $2.00 $228.60 5,700,000 $40.1

Northern Vertex TSX 52.5 $1.30 $68.25 1,200,000 $56.9

Terraco Gold Corp TSX-V 133.9 $0.18 $24.10 948,000 $25.4

Western Pacific TSX-V 23.0 $0.07 $1.61 501,859 $3.2

Musgrove Minerals TSX-V 15.6 $0.10 $1.56 460,000 $3.4

Premium Exploration TSX-V 143.1 $0.07 $10.02 775,000 $12.9

Atlanta Gold Corp TSX-V 253.4 $0.04 $10.14 756,000 $13.4

Otis Gold Corp TSX-V 50.2 $0.14 $7.03 1,055,000 $6.7

Simple Average $20.2

Weighted Average $39.8

Company (Resource Base of 1.0 to 5.0 millon Oz Au)

Exchange Share I/O (millions)

Share Price

MC (millions)

NI 43-101 Ozs (Au or AuEq)

MC/Oz

Torex Gold Corp TSX 604.4 $2.08 $1,257.15 2,200,000 $571.4

Premier Gold Mines TSX 149.0 $3.97 $591.53 1,800,000 $328.6

Rainy River Resources TSX-V 89.9 $5.01 $450.40 5,003,000 $90.0

Keegan Resources TSX 84.9 $3.90 $331.11 4,130,000 $80.2

Rio Novo Gold TSX 113.2 $0.21 $23.77 2,248,000 $10.6

Klondex Mines TSX 64.4 $1.17 $75.35 2,150,000 $35.0

Midway Gold TSX-V 128.5 $1.38 $177.33 4,536,000 $39.1

Orezone Gold TSX 85.6 $1.78 $152.37 4,490,000 $33.9

Rye Patch Gold TSX-V 146.3 $0.42 $61.45 3,100,000 $19.8

Simple Average $319.2

Weighted Average $234.9

Comparable Company Valuations

Significant

opportunity for

re-valuation of

Otis Gold

Page 22: Otis goldfeb2013corppres

Otis is a near-term production story with an established and growing gold resource located in

mining-friendly Idaho

Strong potential for expansion – open-ended Kilgore Deposit (comprised of Mine Ridge, Prospect Ridge

and North Target areas) approaching 1.0 million ozs and growing

Additional multi-million ounce potential at Gold Ridge and Dog Bone Ridge.1

Otis owns a 100% interest in the Kilgore Gold Project

property is subject to no royalties or residual interests

Experienced technical team – made up of core of Echo Bay Mines US exploration team.

Recent 2011 and 2012 drill intercepts include 121.9m @ 1.04 g/t, 118.8 m @ 0.89 g/t Au, 114.3 m @

0.89 g/t Au, 83.8m @ 1.12 g/t and 82.3m @ 0.89 g/t

90 of 108 holes reported between 2008 – 2012 have intersected gold mineralization at

Mine Ridge & Prospect Ridge.

North Target area is wide-open and provides clear path to resource expansion

Recently signed a JV agreement on the Oakley Project – 3rd party to be developing non-core project that

has an existing Inferred resource of 235,000 oz Au.

Why Otis Gold?

22

Note 1: The potential quantity and grade is conceptual in nature, there has been insufficient exploration to define a mineral resource and it is

uncertain if further exploration will result in the target being delineated as a mineral resource.

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Craig Lindsay, MBA, CFA – President, CEO & Director

Mr. Lindsay has in excess of 18 years experience in corporate finance, investment banking and business development in both North America and Asia. Mr. Lindsay

was President and CEO of Magnum Uranium Corp. until its merger with Energy Fuels Inc. in July 2009, and formerly was a Vice President in the Corporate Finance

and Investment Banking Group at PricewaterhouseCoopers LLP. Mr. Lindsay was a founding Director of Malasapina Capital Ltd., a junior capital pool company, and

was responsible for indentifying its merger with Miranda Mining Corp (a Mexican-based gold producer that was subsequently acquired by Wheaton River Minerals).

He is currently a Director of Tarsis Resources Ltd. (TSX-V), Archer Petroleum (TSX-V), and Philippine Metals Inc. (TSX-V).

Mr. Lindsay has a Bachelor of Commerce (Finance) from UBC (1989), an MBA (Finance and International Business) from Dalhousie University (1993) and is a

Chartered Financial Analyst. He is a Past Chairman of the Family Services of Greater Vancouver (the largest social service agency in British Columbia) and a current

Director and Immediate President of the Hong Kong – Canada Business Association (Vancouver Section). Additionally, he sits on the Leadership Council of

Dalhousie University’s $250 million “Bold Ambitions” capital campaign.

Mitch Bernardi, M.Sc. Geology – Chief Geologist

Mr. Bernardi has over 30 years of experience in the mining industry and a proven exploration track record of mineral resources and discoveries in gold, zinc, copper,

yttrium, rare earths, and uranium. The bulk of Mr. Bernardi's experience, some 20 years, has been in precious metals property generation, exploration, and

development, having worked on numerous deposit types while employed by Echo Bay Mines, Cyprus Metals Exploration, Meridian Minerals, Unocal - Molycorp, Inc.,

Latitude Minerals and Amoco Minerals. He is currently the Chief Geologist of Magnum Uranium Corp., and in this role has been responsible for the identification,

acquisition and development of all Magnum properties. Discoveries directly associated with Mr. Bernardi as project leader or co-discoverer include the Kilgore gold

deposit, Idaho (706,000 ounces Au), Coulterville gold project, California (70,000 ounces Au), Crypto zinc deposit, Utah (6.01MM Tons @ 8.68% sulfide zinc), Pan

gold deposit, Nevada (400,000 ounces Au), Santiam copper breccia pipe, Oregon, and the Blue Hill Creek gold/silver deposit, Idaho (230,000 ounces Au.) Mr.

Bernardi has a Master of Science Degree in Geology (Magna Cum Laude) from Western Washington University and additional studies under a University Fellowship

at Ohio State University.

John Carden, Ph.D., Lic. Geo – Consulting Geologist & Board Advisor

Dr. Carden has more than 30 years experience in exploration management, teaching, and research. He has broad experience in managing large exploration

programs including tracking costs, managing personnel, negotiating leases and contracts, writing technical reports, writing permitting and compliance documents for

state and federal agencies, and managing remote drilling programs. He has a proven track record for discovery of ore deposits in the western United States, with a

gross metal value of more than $750 million. From 1986 through 1998, Dr. Carden was with Echo Bay Mines. During the period from 1992 to 1998, he was Echo

Bay’s Director of U.S. Exploration, where he directed the work of two district geologists, eight senior geologists, and a GIS specialist. This group was successful in

generating 35 funded projects over a five year period. While at Echo Bay, he discovered the 600,000 ounce Lamefoot gold deposit, Echo Bay's highest-grade and

lowest cost producer, and the Easy Junior gold deposit, a 250,000 ounce sediment-hosted gold deposit located in White Pine County, Nevada. Most recently, Dr.

Carden has consulted on gold projects in Mexico for Mine finders in Chihuahua and Sonora states, and in Zacatecas for Corex Gold Corp and in Chihuahua for

Paramount Gold and Silver Corp. Dr. Carden has a Ph.D. in Geology from the Geophysical Institute, University of Alaska, Fairbanks, Alaska and an M.Sc. Degree in

Geology from Kent State University, Kent, Ohio. He is a Licensed Geologist in the State of Washington a member of the American Institute of Professional

Geologists and a Fellow of the Society of Economic Geologists. Dr. Carden is currently a Director of Paramount Gold and Silver Corp.(TSX and NYSE-AMEX).

Appendix 1: Biographies

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Biographies (cont’d)

Donald E. Ranta, Ph.D., P.Geo. – Director

Dr. Ranta is an exploration and development mining executive experienced in planning, implementing and directing successful exploration and

acquisitions throughout North and South America and internationally. He is a former president and board member of the Society for Mining, Metallurgy,

and Exploration (SME) and former Vice President, Finance and board member of the American Institute of Mining, Metallurgical, and Petroleum

Engineers (AIME).

He has successfully directed and led innovative exploration efforts resulting in the discovery, evaluation and/or acquisition of several major deposits

including Montana's McDonald and Mexico's Santa Gertrudis gold ore bodies. He has also participated in the acquisition or discovery of Baja

California's Paradones Amarillos, Idaho's Kilgore, Montana's Seven-Up Pete, Mexico's Dolores gold-silver, Burkina Faso's Youga gold and Russia's

Kuranakh gold deposits. In addition, has been a Vice President of Exploration for Echo Bay Mines and Manager/Vice President for North American

Exploration at Phelps Dodge Mining Company. Dr. Ranta is the Chairman of Rare Element Resources (TSX and NYSE AMEX).

Roger Norwich – Director

Dr. Norwich is non-Executive Chairman of Mexico-based Grupo Minero Panuco, a private company which has extensive producing copper, gold and

molybdenum assets. Dr. Norwich was a founding Director of formerly TSX-V listed Mexican Silver Mines Ltd, which completed a merger with Rio Alto

Mining Limited (“Rio Alto”, TSX: RIO) in 2009. He remains an Independent Director of Rio Alto, which since the merger has grown from a development

stage operation to a significant gold producer.

Additionally, he has wide-ranging board experience with both publicly-listed and private enterprises. Most recently, he joined the Board of Directors of

Inkron Limited, a private company based in Hong Kong which is involved in nanometal (nanocopper and nanosilver) production for the electronics

industry.

Dr. Norwich has a BA in Geology and Archaeology (1974) from Manchester University England. He also holds MB Bachelor of Medicine and ChB

Bachelor of Surgery degrees from Manchester University. Early in his career, he worked as an oil exploration Geologist for Texaco and gained

experience in the North Sea, the Gulf of Mexico and the Permian Basin.

Charles W. (“Bill”) Reed, Lic. Geo. – Director

Mr. Reed is a former Vice President of Exploration for Paramount Gold and Silver Corp. (AMEX and TSX: PZG). He has significant mining experience

in both Mexico and North America. From 1998 to 2004, he held the position of Chief Geologist - Mexico for Minera Hecla S.A. de C.V., a subsidiary of

Hecla Mining (NYSE: HL). From 1993 to 1998 he was Regional Geologist in Mexico and Central America for Echo Bay Exploration.

While at Hecla, Mr. Reed supervised detailed exploration at the Noche Buena project, Sonora, and the San Sebastian silver and gold mine, Durango.

He also discovered and drilled the Don Sergio vein that was later put into production. While at Echo Bay, Mr. Reed identified the potential of the Dolores

mining district in Chihuahua, Mexico and recommended acquisitions that resulted in the discovery of more than 44 million ounces of silver and 2.5

million ounces of gold.

Mr. Reed holds a Bachelor of Science Degree in Mineralogy from the University of Utah and is a Registered Professional Geologist in the State of Utah.

He also completed an Intensive Spanish Program at Institute De Lengua Espanola, San Jose, Costa Rica (1969). He is currently a Director of Empire

Capital Ltd (TSXV).

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Appendix 2: Share Structure

as at December 31, 2012

Price per Share Financing Shares

Seed Financing $0.10 $210,000 2,100,000

IPO - PI Financial Corp. $0.20 $200,000 1,000,000

Post IPO $410,000 3,100,000

Exercise of Agents Options $0.20 $2,800 14,000

Exercise of Options $0.20 $10,000 50,000

December 2007 Private Placement $0.25 $550,000 2,200,000

Qualifying Transaction - Initial Blue Hill Creek Share Issuance n/a 0 1,500,000

Kilgore JV - First Payment n/a 0 500,000

July 2008 Private Placement $0.50 $1,882,500 3,765,000

Qualifying Transaction - Second Blue Hill Creek Share Issuance n/a 0 750,000

June 2009 Private Placement $0.25 $1,175,500 4,702,000

Qualifying Transaction - Third Blue Hill Creek Share Issuance n/a $0 750,000

Kilgore JV - Second Payment n/a $0 400,000

October 2009 Private Placement $0.65 $2,433,950 3,744,538

Warrant Conversion - July 2009 Private Placement $0.35 $1,690,150 4,829,000

Exercise of Agents Options $0.25 $37,500 150,000

Qualifying Transaction - Fourth Blue Hill Creek Share Issuance n/a $0 750,000

Qualifying Transaction - Fifth Blue Hill Creek Share Issuance n/a $0 750,000

Kilgore JV - Third Payment n/a $0 400,000

October 2010 Private Placement $0.55 $2,744,500 4,990,000

Kilgore Buyout - 100% Acquisition n/a $0 2,000,000

Qualifying Transaction - Sixth Blue Hill Creek Share Issuance n/a $0 750,000

Various Option Exercises $0.47 $63,526 136,000

Qualifying Transaction - Final Blue Hill Creek Share Issuance n/a $0 750,000

February 2011 Private Placement $0.70 $4,046,390 5,780,557

March 2012 Private Placement $0.20 $1,458,500 7,292,500

Issued and Outstanding $16,505,316 50,053,596

Options (price based on average strike price) $0.31 $1,443,500 4,725,000

Warrants:

March 2012 Private Placement (expire Sept 2013) $0.30 $1,093,875 3,646,250

Total Warrants $1,093,875 3,646,250

Shares Fully Diluted $19,042,691 58,424,846

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Head Office 1610 - 1066 West Hastings St.

Vancouver, BC V6E 3X1

Tel: (604) 683-2507

[email protected]

www.otisgold.com

Contact Craig Lindsay, President & CEO

[email protected]

Direct: (604) 218-0550

Bank Bank of Montreal

Auditor D&H Group LLP

Legal Counsel Harder & Company

Corporate Information