The O.T.’s goal is to provide extraordinary shareholder value by exploring for and delineating base and precious metal resources on the Ruby Property and then selling these resources to a major mining company for development. To accomplish this goal, The O.T. has put together:
The O.T. is a United States non-designated 15c-2-11 company. The Cusip # is 671061 10 9. The O.T. is listed in Standard and Poor’s and Mergent Inc.’s OTC Industrials.
- A well-managed, aggressive company supported by a technical team of professionals with extensive world-wide mine making successes to their credit.
- A large property situated in an area of outstanding mineral potential between Montana Tunnels and the Butte Mining Camp (Anaconda-ARCO-Berkeley-Continental).
- Identified extensive target areas and mineralized zones consisting of COPPER, MOLYBDENUM, COBALT, ZINC and LEAD confirmed by the application of a full range of modern exploration techniques including geology, geophysics and innovative geochemistry. All of which has been confirmed in an updated third party technical and recommendations report of November 27,2006 by Watts, Griffis and McOuat (www.wgm.on.ca), consulting geologists and engineers of Toronto.
The O.T. Mining Corporation, a Montana company, is traded on the OTC Pink Sheets (www.pinksheets.com) under the symbol OTMN. Its assets consist of 100% ownership (less a 3% Net Smelter Royalty - NSR) of the 9.26 contiguous square mile Ruby Property, the Basin Mill in Jefferson County, Montana and a minor (474,262 shares) ownership interest in Namex Explorations Inc. a Canadian exploration company.
As at March 31, 2013, there were 19,096,861 common shares issued and 1,851,157 options outstanding. Fully diluted 20,948,018.
The O.T. Mining Corporation was incorporated in the State of Montana in 1980 as Ruby Resources of Montana Inc. On May 4, 1987, the Company’s name was changed to The O.T. Mining Corporation (“The O.T.”) and began trading in October 1987 under the symbol OTMN.
Since The O.T.’s emergence in 1987, its affairs have been managed by Montreal based Somerville House Management Ltd., which also administers the affairs of The O.T.’s controlling shareholders. Somerville House Management Ltd. also provides these same management services to Namex Explorations Inc.