Otso receives all approvals to restart gold operations in Finland

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(Kitco News) - Otso Gold (TSX.V: OTSO) todayannounced the receipt of all necessary approvals for the restart of operationsand the pouring of gold at the Otso Gold mine from the regulatory authoritiesin Finland.

"The mine's approval clearsthe way for the company to continue its ramp up to production," the companysaid in a statement.

Otso added that as previouslyannounced, all preparatory work required for the start of production has beencompleted and the mine is ramping up production.

Vice President Brian Wessonstated, "The approval to mine and process is another major milestone for the company,with permission to enter into production in place the focus is now solely oncontinuing and accelerating the ramp up to commercial production."

Otso Gold wholly owns theOtso gold mine near the town of Raahe in Finland. The Otso gold mine isdeveloped, fully permitted, has all infrastructure in place, two open pits andis progressing towards production in October 2021 to ramp up towards processingore at nameplate capacity of 2 million tonnes per annum.

By Vladimir Basov

For Kitco News

Follow kitconewsnow vbasov@kitco.comwww.kitco.com Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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