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COLD CREEK PROJECT
DATA SHEET
 Project Stage:
Intermediate exploration play with an open-ended, 85,000 ounce inferred gold
resource has been calculated (not 43-101 compliant).
 Location:
Approximately 13 miles south of Oakley, and 4 miles north of the Blue Hill
Creek gold deposit, Cassia County, Idaho.
 Ownership:
100% Otis Gold (no underlying NSR).
 Land:
53 unpatented lode mining claims staked on BLM administered land.
 Target:
Epithermal hot spring gold deposit. Intensely silicified and stockwork- veined
and brecciated Tertiary Salt Lake Formation sedimentary rocks, predominantly
composed of sandstone and conglomeratic sandstone.
 Geology:
The Cold Creek precious metal system lies on the western margin of the Albion
metamorphic core complex. Alteration and gold mineralization hosted within
epiclastic sediments. The Cold Creek zone consists of a northwest-trending,
fault bounded graben, filled by more than 450 feet of Tertiary sedimentary rocks
that unconformably overlie Paleozoic sedimentary rocks. Pervasive silicification
with locally strong stockwork chalcedonic quartz veins are the primary alteration
types. Fine-grained pyrite is ubiquitous in the pervasively silicified and oxidized
rock. Surface dimensions of these altered sediments measures at least 1,000' x
3,000 feet. Surface gold values to 0.06 opt are present.
Drilling:
A total of 9,205 feet in 38 reverse circulation holes was completed by both
Meridian and WestGold in the Cold Creek Area. Fifteen (15) of the 38 holes
returned significant intercepts greater than 0.02 opt Au. The highest-grade
intercept reported is 30' @ 0.063 opt, but Au but thick intervals of altered and
mineralized rock are encountered in many of the holes (up to 320' @ 0.013 opt
Au).
Resource:
A loosely constrained, cross-sectional, global resource estimate for Cold Creek,
by WestGold, yielded 50,000 ounces Au. A loosely constrained estimate by Otis
is 85,000 ounces Au.
Explor. Potential: Numerous ore-grade drill hole intercepts are open and have yet to be offset.
Faulted off and buried mineralized sections remain untested. The deposit is open
and the feeders that supplied hydrothermal fluids to the system are not been
identified. Like the nearby Blue Hill Creek deposit, possibility exists for a
carbonate replacement in basement rocks, or a detachment-type gold model.
Infrastructure:
Road network present; power needed; labor to be drawn from local communities
within 50 mile radius; need to improve a water source.
 Summary:
Excellent potential to develop a large gold reserve in a Tertiary sediment-hosted
environment. Potential to find high-grade feeders in the Paleozoic carbonate
basement. More drilling is necessary to infill and expand the existing
mineralization.