Otis Gold Corp.

Otis Gold Corp.

April 12, 2010 08:30 ET

Otis Appoints Charles W. Reed as Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 12, 2010) - Otis Gold Corp. (TSX VENTURE:OOO)(PINK SHEETS:OGLDF) ("Otis" or the "Company") is pleased to announce the appointment of Mr. Charles W. ("Bill") Reed as a Director of the Company. Mr. Reed is currently Vice President of Exploration for Paramount Gold and Silver Corp. (AMEX and TSX: PZG). He has significant mining experience in both Mexico and North America. From 1998 to 2004, he held the position of Chief Geologist - Mexico for Minera Hecla S.A. de C.V., a subsidiary of Hecla Mining (NYSE: HL). From 1993 to 1998 he was Regional Geologist in Mexico and Central America for Echo Bay Exploration.

While at Hecla, Mr. Reed supervised detailed exploration at the Noche Buena project, Sonora, and the San Sebastian silver and gold mine, Durango. He also discovered and drilled the Don Sergio vein that was later put into production. While at Echo Bay, Mr. Reed identified the potential of the Dolores mining district in Chihuahua, Mexico and recommended acquisitions that resulted in the discovery of more than 44 million ounces of silver and 2.5 million ounces of gold.

Mr. Reed holds a Bachelor of Science Degree in Mineralogy from the University of Utah and is a Registered Professional Geologist in the State of Utah. He also completed an Intensive Spanish Program at Institute De Lengua Espanola, San Jose, Costa Rica [1969].

"In addition to his familiarity with our flagship Kilgore Gold project, the addition of Mr. Reed will substantially enhance our ability to identify and evaluate new business opportunities as we continue to grow our Company," stated Craig Lindsay, President & CEO of Otis.

Dr. John R. Carden has resigned his position as a Director of the Company due to health reasons, but will remain active and committed on a full-time basis as a Consulting Geologist to Otis as well as in an advisory capacity to the Board of Directors. Dr. Carden, a founder and significant shareholder of Otis, has been, and will continue to be, invaluable to the development of the Company.

About the Company

Otis is a resource company focused on the acquisition, exploration, and development of precious metal deposits in Idaho and Nevada, USA. Otis is currently developing its flagship property, the Kilgore Gold Project, Clark County, Idaho.

"Craig T. Lindsay"
President and 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 "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

The TSX Venture Exchange has neither approved or disapproved of the contents herein.

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