The Prospector News

Otso Returns To Production And Pours First Gold

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Otso Returns To Production And Pours First Gold

 

 

 

 

 

Otso Gold Corp. (TSX-V:OTSO) is pleased to announce the restart of production and completion of the first gold pour at the Otso Gold Mine.

The restart of production and the gold pour is the culmination of the completion of all the preparatory works and the hiring and training of over 140 full time staff now on site with a further 128 contractors retained to provide permanent services to the mine.

The Company is currently processing approximately 4,000 tonnes of ore a day and blasting ore in mining areas four times a week, as we ramp up towards name plate capacity of 6,000 tonnes of ore a day. We expect to sell the first gold dore from the Site over the next week.

Additionally, during the past month the Company has completed a further 6,000 meters of grade control reverse circulation drilling to underpin detailed mine planning.

Brian Wesson, CEO, stated “this is a major milestone for the Company and represents the dedication and commitment of the team. We look forward to continuing towards long term, sustainable commercial production over the following weeks”.

About the Company 

Otso Gold Corp. wholly owns the Otso Gold Mine near the town of Raahe in Finland. The Otso Gold Mine is developed, fully permitted, has all infrastructure in place, two open pits and is currently in the ramp up towards commercial production at name plate capacity of 2 million tonnes per annum.

Posted November 3, 2021

Share this news article

MORE or "UNCATEGORIZED"


Osisko Development Closes C$82.5 Million Private Placement

Osisko Development Corp. (NYSE: ODV) (TSX-V: ODV) is pleased to a... READ MORE

October 29, 2025

Minaurum Drills More High-Grade Silver at Alamos Silver Project

Minaurum Gold Inc. (TSX-V: MGG) (OTCQX: MMRGF) is pleased to ann... READ MORE

October 29, 2025

Altamira Gold Intersects Gold Mineralization Within a New Porphyry Body at Tavares Norte Target, Cajueiro District, Brazil

Altamira Gold Corp. (TSX-V: ALTA) (FSE: T6UP) (OTCQB: EQTRF) is ... READ MORE

October 29, 2025

Seabridge Gold Recovers $4.4 Million after Successfully Challenging Tax Ruling in BC Supreme Court

Further Recoveries Anticipated Seabridge Gold Inc. (TSX: S... READ MORE

October 29, 2025

Standard Uranium Closes Final Tranche of Private Placement

Standard Uranium Ltd. (TSX-V: STND) (OTCQB: STTDF) (FSE: 9SU0) ... READ MORE

October 29, 2025

Copyright 2025 The Prospector News