Blue sky over Kilgore and the Centennials |
Vancouver, Canada's Otis Gold Corp. says it sees a long-term opportunity to enrich its investors at Americans' expense by mining royalty-free gold from public lands in Idaho.
Otis Gold's so-called Kilgore Project is the "flagship" project of its Idaho ventures. It is named for a nearby hamlet in sparsely populated Clark County, on the southern flank of the Centennial Mountains. (Another is the Oakley Project, in Cassia County, on the Utah/Nevada border.) A five-year exploratory project is scheduled to begin near tiny Kilgore in July 2019.
Encouraged that the company's risky cyanide-based extraction process could produce more than 800,000 ounces of gold in Caribou-Targhee National Forest -- without having to pay royalties to the U.S. Treasury -- the Canadians say that 2019 is just the beginning.
Something far larger is coming to Kilgore, it says.