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All Press Releases for May 3, 2002 Subscribe to this News Feed    
 

FEDIKOW JOINS OT MINING CORP

MARK FEDIKOW, EXPERT ON MOBILE METAL IONS SURVEYS JOINS OTMN ON A FULL TIME BASIS. HE WILL ATTEMPT TO COMPLETE THE MMI SURVEY ON THE REMAINING 75% OF THE RUBY PROPERTY THIS SEASON.

O.T. Mining Corporation

                           April 30, 2002
NEWS RELEASE

James W. Hess, President, O.T. Mining Corporation, is pleased to announce that on May 10, 2002 Dr. Mark Fedikow, P.Eng., P.Geo. will join the technical team of the Corporation. Dr. Fedikow brings 25 years of industry and government experience as an exploration geochemist and mineral deposits geologist to the Corporation. Prior to joining O.T. Mining, he was Chief Geologist, Mineral Deposits Section, Manitoba Geological Survey. In 2001 he was the recipient of the Provincial Geologists Medal for outstanding geoscientific achievement.

Dr. Fedikow holds Honours B.Sc. and M.Sc. degrees in geology, geophysics and geochemistry from the University of Windsor (Canada) and a Ph.D. in exploration geochemistry from the School of Applied Geology, University of New South Wales in Sydney (Australia).

He is an exploration geochemist and mineral deposits geologist and has published numerous articles on mineral deposits and their geochemical expressions in rock, soil and vegetation sample media. Specifically, he has applied the Mobile Metal Ions Process (MMI) in exploration programs for lode gold, base metal massive sulphides, platinum group metals, magmatic nickel-copper, epithermal gold-silver and porphyry copper deposits in a variety of geological and overburden environments.

Recent work by Dr. Fedikow and his colleagues has resulted in a major diamond staking rush and enhanced gold and base metal exploration in northern Manitoba. The expertise of Dr. Fedikow will be applied to ongoing exploration on O.T. Mining Corporation's Ruby Property in southwestern Montana. Geological mapping, helicopter-borne geophysics and soil geochemical surveys have delineated multiple precious and base metal anomalies in association with argillic-propylitic-silicic alteration zones on the property. These multivariate targets occur within a regional magnetic low typical of the Butte copper-silver-manganese deposits and the diatreme-hosted base and precious metal mineralization at Montana Tunnels.

Last season Dr. Fedikow joined O.T. Mining as a consultant and, during that time, was able to complete an MMI survey on 25% of O.T.s Ruby property. Now, as a full time employee, in addition to his input as a highly experienced geologist, he will devote much of his effort to continuing the MMI survey of the remaining 75% of the property.

Information on MMI may be found in O.T.s June 29, 2001 press release, and the web pages for XRAL -- www.sgs.ca/xral/services/mmi.html and www.mmigechem.com/overview.htm

Contact:      James W. Hess, President
      4333 Ste-Catherine St. West, Suite #610
      Montreal, Quebec, H3Z 1P9 Canada
      Tel: (514) 935-2445 Fax: (514) 935-8161
      E-mail: info@otmining.com Web site: www.otmining.com
      Symbol: OTMN in the Pink Sheets

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CONTACT INFORMATION
Ed Fishbaine
Technical Research Reports Inc.
718-268-3300
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