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"


NioBay Closes $2.2 Million Charity Flow-Through Private Placement

NioBay Metals Inc. (TSX-V: NBY) (OTCQB: NBYCF) is pleased to anno... READ MORE

July 30, 2025

Fireweed Intersects Sulphide Mineralization at Boundary Zone Muon Targets

Fireweed Metals Corp. (TSXV: FWZ) (OTCQX: FWEDF) is pleased to re... READ MORE

July 30, 2025

Amerigo Announces Q2-2025 Results & Quarterly Dividend

Q2-2025 Net Income of $7.5 million Robust EBITDA1 of $17.8 millio... READ MORE

July 30, 2025

COPPER GIANT EXTENDS MOCOA'S NEAR SURFACE HIGH-GRADE WITH 567-METRES AT 0.54% COPPER & 0.07% MOLYBDENUM

Hole MD-047 returned 1,004-metres of continuous copper and molybd... READ MORE

July 30, 2025

NexGold Intersects 40.09 g/t gold over 17.7 Metres at the Goldboro Open Pit Gold Project

NexGold Mining Corp. (TSX-V: NEXG) (OTCQX: NXGCF) is pleased to p... READ MORE

July 30, 2025

Copyright 2025 The Prospector News