Mr. Craig Lindsay reports

OTIS ESTABLISHES ADVISORY BOARD; APPOINTS MR. ERIC KLEPFER AS FIRST MEMBER

Otis Gold Corp. has established an advisory board, the mandate of which is to provide guidance and technical advice to the management team and board of directors as the company continues advancing the Kilgore gold project through to an eventual production decision. The first member to be appointed to this advisory board is Eric Klepfer of Klepfer Mining Services LLC, whose specific area of expertise is mine permitting and related activities.

Mr. Klepfer, who is an Idaho resident, has been in the mining industry for over 30 years. He earned his BS in mining engineering and engineering administration from Michigan Technological University. He has held management positions in engineering, production and environmental. As a mining engineer, Mr. Klepfer provides senior-level management assistance to companies overseeing their technical, environmental and corporate development programs. His experience covers international as well as domestic projects for base and precious metals, coal, and industrial minerals in both surface and underground projects. He has worked for Placer Dome, Newmont Gold, Coeur d' Alene Mines and Mines Management Inc. where he was vice-president of operations for the Montanore project. Mr. Klepfer's work experience covers; Arizona, New Mexico, Texas, Colorado, Nevada, Alaska, Wyoming, Montana, Idaho, Pennsylvania, Oklahoma, Oregon, New Zealand, Chile, Argentina, Uzbekistan, Peru, Bolivia and Indonesia.

Stated Craig Lindsay, president and chief executive officer: "We are very pleased to have Mr. Klepfer join our team. As we move from an exploration to a development company, we are very cognizant of the need to grow our knowledge base in the area of mine permitting and engineering. In particular, Mr. Klepfer's expertise in mine permitting in the Western U.S. and his relationships with local, state and federal agencies and non-governmental organizations will be of significant benefit to Otis."

We seek Safe Harbor.