Otish Energy Inc. (OEI: TSXV) a resource exploration company focused on the exploration and development of Gold in Guyana and Gold, Rare Earth Elements and Uranium in Quebec, Canada.
Otish Energy recently signed an agreement to earn a 100-percent interest in a contiguous land block comprising six medium-scale prospecting permits, of approximately 6,900 acres, located in Puruni Mazzruni mining district No. 3 in Guyana.
The property is located in the tropical rain forest about 160 kms southwest of Georgetown. The property can be reached by road, helicopter, or river boat.
Otish Energy commenced an extensive exploration program on it's 100-per-cent-interest Noyelles gold property comprising 66 mineral claims in the Noyelles and Bruneau townships, Abitibi area of Quebec.
The property lies within the Casa Berardi-Cameron deformation corridor that hosts several orebodies and gold deposits, notably the Casa Berardi gold mine with over five million ounces of gold and the Discovery deposit with more than 500,000 ounces of gold. The property is located approximately 20 kilometres from the Discovery deposit.
Otish is planning a diamond drill program on the Noyelles property in 2010.