OTO Releases Recent Drilling Results in the Shinbagou Silver Mines
07/17/2012

According to OTO Mining Ltd.’s mining team report, the assaying in that hole started at 450 meters below the siliceous cap and extended to 1,667.5 meters.

Online PR News – 17-July-2012 – Chifeng City, Inner Mongolia – OTO Mining, Ltd. announced the recent drilling results of a silver drill hole MVB 005 at Shinbagou silver mines region located in Mesozoic volcanic basin Keshiketeng County, Inner Mongolia, covering 11.2 square kilometers. In this project OTO Mining holds a working interest of 65%.

According to OTO Mining Ltd.’s mining team report, the assaying in that hole started at 450 meters below the siliceous cap and extended to 1,667.5 meters.

Averaging the assaying results between 500 and 1,667.5 meters over 1,026.7 meters gives the following results:
The average of the whole achieved amount contains 101.5 g/t silver, 0.35 g/t gold and 80 ppm (parts per million) Molybdenum. But the mining engineers intersected the hole into four intervals of significant silver mineralization. The best section includes 8.7 meters of 265.8 g/t silver from the Manganese Oxide Zone and 15.8 meters of 171.6 g/t silver from the Upper Silver Zone.

The mineralization procedure consisted of disseminated pyrite, chalcopyrite and molybdenum together with disseminated magnetite including argillaceous alteration. From a hole depth of 500 meters the mineralization was within mixed volcanic and sediments passing below 895 meters into diorite and micro diorite intrusive.

OTO Mining is very pleased that the strength and extent of mineralization cut by MVB 005 is pretty impressive. So the company is thinking that it will start extensive drilling work by the end of this season.