OOO Otis Gold Corp

Otis Gold Corp. (TSX VENTURE:OOO)(OTCQX:OGLDF) ("Otis" or the "Company") is
pleased to announce the results of 681 soil samples collected from two grids
(the "North Soil Grid" and the "South Soil Grid") situated along the strike
projection of the Northwest Fault, known to be the feeder to the Kilgore "Mine
Ridge" Deposit. Sampling of the North Soil Grid was performed in order to extend
the strike length of the Mine Ridge Deposit northward of the +100 metre thick
intercepts that were recently discovered on the northern edge of the 2011 drill
pattern (see news releases dated November 1, 2011 and October 6, 2011). The
results from the North Soil Grid display strong linear gold-in-soil anomalies
that trace the extension of the Northwest Fault for a minimum of 400 metres to
the northwest and represent the surface manifestation of feeder faults that
supplied the gold-rich hydrothermal fluids into the deposit's host rocks. 


Sampling of the South Soil Grid was performed in order to better define drill
targets in the Prospect Ridge target area, located immediately to the southeast
of the Mine Ridge deposit. Results from the South Soil Grid identify a large,
and previously untested, anomalous area in the Prospect Ridge target area.


The North Soil Grid comprises 266 samples collected on a 30-metre x 30-metre
spacing in an untested area northwestward beyond the northern limit of the
current Mine Ridge Deposit. The data collected and contoured display a strong
and significant linear gold-in-soil anomaly that very closely lines up with the
trace of the Northwest Feeder Fault that controls the overall northwest trend of
the deposit. The anomaly extends the target a minimum of 400 metres in the
northwest direction and is shown on a map available on the Otis website at
http://www.otisgold.com/_resources/kilgore/20120131_Soil_Survey_Results.pdf.
These trends, as well as several additional linear anomalies, are collectively
considered to be high-priority drill targets that could extend and expand the
existing deposit by more than 30%. There are also a number of corresponding
trace element anomalies that have a high correlation to the gold suggesting
geochemistry characteristic of a typical epithermal gold system. 


Nine helicopter drill sites, chosen to fully test the anomalous area, are
planned for the upcoming 2012 drill campaign. If the drilling campaign is
successful, additional drill roads will be permitted and constructed to
facilitate infill drilling and fully delineate suspected deposit extensions. In
addition, Otis plans fans of up to 12 holes at 5 existing sites totaling
approximately 4,000 m on the existing north access road, where the 100 m
intercepts were identified last year.


The South Soil Grid comprises 415 samples collected on a 30-metre x 60-metre
grid that displays a very strong and coherent gold-in-soil anomaly that covers
approximately 15,000 sq. metres in the Prospect Ridge target area. This anomaly
overlies a section of lithic tuff that is identical to rock that hosts the bulk
of the Mine Ridge deposit. This portion of the property package is undrilled and
Otis plans to initially test the area with several core holes in 2012. 


Otis' President and CEO Craig Lindsay states, "We have achieved outstanding
results from the soil surveys conducted at Kilgore in 2011. Based on these
results, it is clear that significant expansion potential exists to the
northwest and to the southeast of the existing Mine Ridge deposit and further
southeast into the Prospect Ridge target area. Additionally, our Gold Ridge
targets provide significant upside potential, and Kilgore continues to expand
with each drill program."


Analysis and Otis QA/QC Program

All assay work was performed by ALS Chemex Labs, Reno, Nevada, which has ISO
9001:2008 quality management system certification and ISO 17025:2005 technical
capability accreditation. A 50-gram pulp of all samples was assayed for gold by
Fire Assay/AA finish methods. 


The Qualified Person under National Instrument (NI 43-101) Standards of
Disclosure for Mineral Projects for this News Release is John R. Carden, PhD,
Lic. Geo. and Consulting Geologist for Otis Gold Corp., who has reviewed and
approved its technical contents. 


About The Company

Otis is a Canadian-based mineral exploration company focused on the acquisition
and development of quality precious metal deposits in Idaho, USA. Otis is
currently developing its flagship property, the Kilgore Gold Project, located in
Clark County, Idaho (approx. 60 miles north of Idaho Falls).


ON BEHALF OF THE BOARD

Craig T. Lindsay, President & CEO

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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