VANCOUVER, BRITISH COLUMBIA–(May 17, 2012) - Arrowhead Gold Corp. (“AWH”) (TSX VENTURE:AWH) Arrowhead is pleased to announce that after a review of previous drilling completed on the Gateau property in 2008, it has been determined that drill hole GAT-08-01 intersected 48 metres of coarse-grained graphite mineralization from 57 to 105 m. The graphite horizon is within a basalt unit just below a contact with a quartzite unit. An airborne survey completed over the property in 2011 outlined an electromagnetic conductor approximately 7.5 km long in an east to west direction. This conductor is coincident with and appears to be caused by the graphite horizon. Up to five other conductive horizons were identified by the airborne survey and may also be related to graphite mineralization. The drilling was done to test a uranium target so no analytical work to measure the carbon content of the graphite was completed. The drill core is still on site at the property.

The Gateau property is located roughly 240 km northeast of Chibougamau and consists of 75 claims in one contiguous claim block covering 3,975 hectares of the Chibougamau Mining District of Quebec. Arrowhead intends to send a crew to the property in order to re-examine the graphite horizon in GAT-08-01 and prospect the electromagnetic conductors for graphite.

Mark Fekete, P.Geo., a “qualified person” as defined in Section 1.2 in and for the purposes of National Instrument 43-101, reviewed the technical content of this release.

On Behalf of the Board of Arrowhead Gold Corp.,

Steve Smith, President

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The Company disclaims any intention or obligation to revise or update such statements.

To view the map associated with this press release, please visit the following link: http://media3.marketwire.com/docs/GateauAirborneMap.pdf.

VANCOUVER, Canada, April 30, 2012, – Tajiri Resources Corp. (the “Company”) (TSXV: TAJ) announces that it has served a notice of termination of the option agreement (the “Option Agreement“) previously entered into with Arrowhead Gold Corp. (TSXV: AWH), formerly Otish Energy Inc. on April 5, 2011 as part of its qualifying transaction to acquire up to 80% undivided interest in the Gateau property claims located in the Otish basin, Quebec.

Under the terms of the Option Agreement, Tajiri had the option to acquire a 80% working interest in the Gateau property claims in consideration of payment of the sum of $500,000, the issuance of an aggregate of 5.25 million common shares in the capital of the company and incurring a total of $1 million in exploration expenditures, over the period of four years.

Tajiri issued 500,000 shares upon regulatory approval and incurred expenditures of $80,012 in 2011 by engaging Prospectair of Quebec to conduct a heliborne magnetic (mag), spectrometric (spec), and time-domain electromagnetic (tdem) survey.  The survey block was flown for a total of 587 line km.

An evaluation report of the heliborne survey was performed by Mr. Mark Fekete P.Geo and Marty Huber B.Sc, GIT of Breakaway Exploration Management Inc. ofQuebecfor the Company.  The report states “In summary the airborne surveys detected elevated radiometric signals over topographic ridges rather than along geological contacts and units prospective for uranium mineralization.  It appears therefore that radiometric pattern is due more to topography than to geology.  Moreover the radiometric uranium values detected by the airborne survey are not remarkably strong and do not indicate the presence of significant uranium mineralization.  No further exploration work can be recommended based on the interpretation of the airborne geophysical results.  In the context of the underlying property geology, there does not appear to be any exploration targets that are of sufficient technical merit to justify further work.”

Tajiri is currently focused on advancing its INCA property, a high grade Silver-Lead-Zinc exploration property located in the Mayo Mining District, Yukon Territory, Canada and its recently acquired Kaburi Gold property inGuyana. Technical information in this news release has been reviewed by Derrick Strickland, P.Geo, a qualified person as defined in NI 43-101.

About Tajiri Resources Corp.

Tajiri Resources Corp is a Canadian junior exploration company with an option agreement to acquire 100% interest in the INCA property, a high grade Silver-Lead-Zinc exploration property located in the Mayo Mining District, Yukon Territory, Canada. The Company also recently signed an agreement with Arrowhead Gold Corp. ofVancouverto acquire a 51% working interest in the hard rock mining rights to the Kaburi Gold Property,Omai Mining District,Guyana,South America.

On Behalf of the Board,

Tajiri Resources Corp.

“Albert (Rick) Timcke”

President

Follow Tajiri Resources On:

Facebook: http://www.facebook.com/tajiriresources

Twitter: http://twitter.com/tajiriresources

YouTube: http://www.youtube.com/user/tajiriresources

Flickr: http://www.flickr.com/tajiriresources

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results.  Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements.  The Company disclaims any intention or obligation to revise or update such statements.

Vancouver, B.C., April 19, 2012 – Arrowhead Gold Corp. (the “Company”) (TSXV: AWH) is pleased to announce results from Phase II of its 4-hole, 906-metre drill program on the wholly owned Puruni Gold Project in Guyana.  The drilling tested an area where two high grade veins are exposed in saprolite and gravel terraces adjacent to a river bank.  An estimated 3,000 oz of gold was recovered from these quartz veins in 2010 using crude crushing and sluicing techniques in just over four months (Henry Alphonso, personal communication).

The drilling intersected up to 19.9 grams per tonne silver (gpt Ag) over 10.0 metres (m) from 3.0m in hole 11.  This interval included a higher grade sub-interval of 60.7gpt Ag over 3.0m from 3.0m.  One sample returned an overlimit value of 100 gpt Ag and is currently being reanalyzed to determine its true silver content.  The best gold value was  0.5 grams per tonne gold (gpt Au) over 2.0m from 85.0m in hole 11.  The following table includes all weight averaged interval with elevated gold and/or silver.

All analytical work was completed at Acme Analytical Laboratories Ltd. (“Acme”) in Vancouver, British Columbia.  Acme is accredited under ISO 9001. Core samples were prepared at Acme’s Georgetown, Guyana facility by crushing to 80% passing -10 mesh and then pulverizing a 250g sub-sample to 85% passing -200 mesh.  A 15g pulp sub-sample was then sent to Vancouver and analyzed for 37 elements by   Aqua Regia digestion Ultratrace ICP-MS method.  Mark Fekete, P.Geo is the “qualified person” as defined in Section 1.2 in and for the purposes of National Instrument 43-101 that reviewed the technical content of this release.

On Behalf of the Board of Arrowhead Gold Corp.,
“Steve Smith”
President

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results.  Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements.  The Company disclaims any intention or obligation to revise or update such statements.

VANCOUVER, BRITISH COLUMBIA–(Feb. 7, 2012) - Arrowhead Gold Corp. (the “Company”) (TSX VENTURE:AWH) is pleased to announce that it has commenced phase II of its drill program on the wholly owned Puruni Gold Project in Guyana, S.A.

The phase II drilling program will consist of 800 metres in depth. Most of phase II is a follow up to the 2,000 metres of diamond drilling that was completed in 2011. All seven (7) holes drilled in 2011 returned anomalous gold values and tested only a small length of the broad altered and mineralized area defined by the mapping and sampling program at the surface.

Phase II will concentrate on an area in proximity to the saprolite and elevated gravel terraces adjacent to the river bank where two high grade veins was uncovered. An estimated 3,000 oz of gold was recovered from these quartz veins in 2010 using crude crushing and sluicing techniques in just over 4 months (Henry Alphonso, personal communication). Geological relations indicate that veins exposed on the property are syngenetic lode veins that were formed from hydrothermal sea-floor hot springs. The geology appears to be analogous to the Peter’s Mine and other gold deposits in Guyana.

On Behalf of the Board of Arrowhead Gold Corp.,

Steve Smith, President

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The Company disclaims any intention or obligation to revise or update such statements.

VANCOUVER, Canada December 13, 2011 – Arrowhead Gold Corp. (the “Company”) (TSXV: AWH) is pleased to announce it has closed its non- brokered private placement for gross proceeds totalling $500,000. These finances were raised by the company issuing up to 5 million units at a price of 10 cents per unit, each unit consisting of one common share and one-half of one share purchase warrant. Each whole warrant will entitle the holder, on exercise, to purchase one common share for a period of two years, at a price of 15 cents.

A cash commission of 10 per cent totalling $27,050 was paid by the Company, on a portion of the gross proceeds of the offering, to the agents as consideration for arranging the offering. The Company also issued agents’ warrants, which entitle the agents to purchase up to 135,250 common shares of the Company at a price of 15 cents per share until December 12, 2013.

The securities issued pursuant to the offering, and any common shares to be issued upon the exercise of the warrants and agents’ warrants, are subject to a hold period expiring April 13, 2012.

On Behalf of the Board of Arrowhead Gold Corp., 

“Steve Smith”
President 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results.  Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements.  The Company disclaims any intention or obligation to revise or update such statements.

VANCOUVER, BRITISH COLUMBIA–(Nov. 15, 2011) - Arrowhead Gold Corp., (the “Company”) (TSX VENTURE:AWH) announces that it has arranged, subject to the acceptance of the TSX Venture Exchange, a private placement totaling $500,000. These funds will be raised by the Company issuing up to 5 million units at a price of $0.10 per unit, each unit consisting of one common share and one-half of one share purchase warrant. Each whole warrant will entitle the holder, on exercise, to purchase one common share for a period of two years, at a price of $0.15.

Finder’s fees may be payable on a portion of the private placement, in accordance with the policies of the TSX Venture Exchange.

The net proceeds of the private placement will be used to further exploration on the Company’s properties and for working capital purposes.

The Company’s drill program on its wholly owned Puruni Gold Project in Guyana, SA is anticipated to commence on Wednesday November 16, 2011.

On Behalf of the Board of Arrowhead Gold Corp.

Steve Smith, President

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The Company disclaims any intention or obligation to revise or update such statements.

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Nov. 2, 2011) - Arrowhead Gold Corp. (the “Company”) (TSX VENTURE:AWH) is pleased to announce that it has signed a drill contract and that drilling will commence shortly at its wholly owned Puruni Gold Project in Guyana.

Arrowhead has completed an extensive exploration program at Puruni including deep hand auger-type soil sampling as well as soil gas hydrocarbon (“SGH”) deep penetrating geochemistry. The soil and SGH results highlighted five prospective zones labeled A, B, C, D and E. The Company is currently focusing on A, C and E and to this end completed a 25km induced polarization (“IP”) geophysical survey over these zones. The IP results correlated very well with the soil and SGH results and together they indicated the potential occurrence of a gold-bearing structure.

Mechanical trenching at the C zone confirmed the presence of a northwest to southeast trending multiple quartz vein system. A total of five trenches were completed over a strike length of 800m at trenching intervals of 200m. Significant gold values were returned from samples collected from the three trenches done furthest to the south. Trench T-03 returned the best values including 2.5 grams per tonne gold (gpt Au), 6.2gpt Au and 9.6gpt Au. Trench T-05 returned a best value of 2.4gpt Au.

The drill program, due to begin shortly, will test the C zone at depth below the area from Trench T-03 to T-05 over an approximate horizontal strike length of 250m. It is anticipated that 8 to 10 holes will be drilled.

The trench sampling was completed by the Company`s Guyana field crew under the supervision of Martin Zambrano, Senior Geologist. All analytical work was completed at Acme Analytical Laboratories Ltd. (“Acme”) in Vancouver, B.C. Acme is accredited under ISO 9001. The samples were bagged on site and then delivered to Acme’s facility in Georgetown, Guyana where they were prepared by crushing one kilogram to 80% passing 10 mesh and then pulverizing a 250-gram pulp subsample to 85% passing 200 mesh. The pulps were shipped to Vancouver and analyzed for gold by 30g fire assay ICP-MS technique. Mark Fekete, PGeo., a designated qualified person as defined in Section 1.2 in and for the purposes of National Instrument 43-101, has reviewed the technical content of this press release.

On Behalf of the Board of Arrowhead Gold Corp.,

Steve Smith, President

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The Company disclaims any intention or obligation to revise or update such statements.

Arrowhead Gold Corp. is currently developing logistics for the Company’s upcoming drill program on its wholly owned Puruni Gold Project inGuyana, SA.

Arrowhead is also commencing a NI43-101 report on its wholly owned Kaburi Project. Arrowhead’s Kaburi project is contiguous to Azimuth Resources Ltd.’s Hicks and Smarts Projects.

Azimuth’s Hicks and Smarts Projects are both undergoing extensive drill programs. Recent drilling results from Smarts returned particularly high grades with intercepts including 3 metres at 54g/t Au. Other intercepts include 38m @ 6.2g/t Au, 30m @ 8.1g/t Au, 6m @ 36.3 g/t Au and 3m @ 16.4 g/t Au.

Arrowhead intends to commence a Phase I work program on Kaburi immediately following the NI43-101 report.

For more information please feel free to call 1-866-345-0115.

VANCOUVER, BRITISH COLUMBIA–(Aug. 5, 2011) – Otish Energy Inc. (the “Company”) (TSX VENTURE:OEI) is pleased to announce the special resolution relating to the change of name from Otish Energy Inc to Arrowhead Gold Corp, has been approved at the annual and special meeting of shareholders held in Toronto on July 28th, 2011.

Other business transacted at the annual and special meeting included: the re-election of Steve Smith, Zachery Dingsdale, Ick Boga, Mark Fekete and Albert Timcke as directors; the appointment of BDO Canada LLP as auditor of the company; and the approval of the company’s rolling stock option plan.

The Company has arranged, subject to the acceptance of the TSX Venture Exchange, a private placement totalling $490,000. These finances will be raised by the company issuing up to 3.5 million units at a price of 14 cents per unit, each unit consisting of one common share and one-half of one share purchase warrant. Each whole warrant will entitle the holder, on exercise, to purchase one common share for a period of one year, at a price of 25 cents.

Finders’ fees may be payable on a portion of the private placement, in accordance with the policies of the TSX Venture Exchange. The net proceeds of the private placement will be used to drill the company’s wholly owned Puruni Gold project in Guyana, SA and for working capital purposes.

On Behalf of the Board of Otish Energy Inc.

Steve Smith, President

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The Company disclaims any intention or obligation to revise or update such statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION:

Otish Energy Inc.
Steve Smith
President
604 642-0115
Fax: 604 642-0116
steve@otishenergyinc.com
www.otishenergyinc.com

Interview With Otish Energy Country Manager, Trevor Taylor on July 28, 2011 from the Austin Gallery at 1 King Street West Toronto, Ontario.

Download Interview Here

Video Interview With Otish Energy Senior Geologist, Martin Zambrano on July 28, 2011 from the Austin Gallery at 1 King Street West Toronto, Ontario.

Download Interview Here

Video Interview With Otish Energy President, Steve Smith on July 28, 2011 from the Austin Gallery at 1 King Street West Toronto, Ontario.

Download Interview Here

VANCOUVER, BRITISH COLUMBIA–(July 28, 2011) - Otish Energy Inc. (the “Company”) (TSX VENTURE:OEI) is pleased to announce rock sample assay results from its wholly owned Puruni Gold Project in the Mazaruni Mining District No. 3, Guyana.

Sample PRX-01 returned 1940.0 grams per tonne gold (gpt Au) or 56.8 ounces per ton gold (opt Au). Sample PRX-02 returned 503.8 gpt Au (14.71 opt Au). Sample PRX-03 returned 791.3 gpt Au (23.28 opt Au). The samples are selective grabs taken from quartz boulders recently excavated from Zone A on the Puruni Property. Zone A is marked by a strong induced polarization anomaly and a coincident gold-in-soil geochemical anomaly.

The sampling was completed by the Otish Gold (Guyana) field crew under the supervision of Martin Zambrano, Senior Geologist. All analytical work was completed at Acme Analytical Laboratories Ltd. (“Acme”) in Vancouver, B.C. Acme is accredited under ISO 9001. The samples were bagged on site and then delivered to Acme’s facility in Georgetown, Guyana where they were prepared by crushing one kilogram to 80% passing 10 mesh and then pulverizing a 250-gram pulp subsample to 85% passing 200 mesh. The pulps were shipped to Vancouver and initially analyzed for gold by 30g fire assay ICP-MS technique. All three samples were above the detection limit of this technique and accordingly were re-assayed using 30g fire assay gravimetric technique.

“These sample results and the recent induced polarization results suggest the possibility of a gold-bearing quartz vein structure. Drilling is required to confirm the existence of this structure”, states Martin Zambrano, Senior Geologist. Mark Fekete, PGeo., a designated qualified person as defined in Section 1.2 in and for the purposes of National Instrument 43-101, has reviewed the technical content of this press release.

On Behalf of the Board of Otish Energy Inc.

Steve Smith, President

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The Company disclaims any intention or obligation to revise or update such statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

Otish Energy Inc.
Steve Smith
President
604 642-0115
604 642-0116 (FAX)
steve@otishenergyinc.com
www.otishenergyinc.com

VANCOUVER, BRITISH COLUMBIA–(May 12, 2011) – (the “Company”) (TSX VENTURE:OEI) is pleased to announce its wholly owned Guyana subsidiary Otish Gold (Guyana) Inc. has commenced the second phase of the exploration on the Puruni Gold Project comprising six contiguous land blocks totaling approximately 9000 acres in the Mazaruni Mining District No. 3, Guyana.

Five zones on the Puruni property have been identified as prospective for gold based on the results of recently completed saprolite (weathered bedrock) sampling and soil gas hydrocarbon (SGH) surveys (Otish Press Release – April 12, 2011). Two zones with the best SGH responses also returned anomalous gold values from saprolite samples up to a maximum of 4.0 grams per tonne. The Company intends to collect approximately 1000 samples from these two zones. Otish also intends to commence a deep channel sampling and trenching program in the prospective areas to further define drill targets.

Otish has hired Martin David Zambrano Gutiérrez of Peru to oversee the work program. Mr. Gutiérrez is an exploration geologist with more than ten years experience, working with several well-known mining and geotechnical companies in Peru and Guyana. Mr. Gutiérrez has been a member of Society of Economic Geologists since January 2009.

Mark Fekete, PGeo., a designated qualified person as defined in Section 1.2 in and for the purposes of National Instrument 43-101, has reviewed the technical content of this press release.

On Behalf of the Board of Otish Energy Inc.

“Steve Smith”, President

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The Company disclaims any intention or obligation to revise or update such statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

VANCOUVER, BRITISH COLUMBIA–(April 12, 2011) – Otish Energy Inc. (the “Company”) (TSX VENTURE:OEI) is pleased to announce the results of a preliminary geochemical survey completed in March 2011 on the Puruni Gold Project in the Mazaruni Mining District of Guyana.

From the 224 saprolite (weathered bedrock) samples collected, 57 samples returned anomalous gold values greater than 14 parts per billion (ppb) based on the 75^th percentile threshold. Of these 57 samples, 23 samples are considered strongly anomalous ranging from 34.6 to 4003.8ppb Au based on the 90^th percentile break.

The samples were collected at 100m intervals on lines spaced 500m apart over a grid 6.5km long and 1.6km wide located in the central part of the property area. A hand-powered auger was used to collect the samples at depths from 2 to 3 metres. Although the survey provides limited, preliminary coverage, it clearly points to at least five prospective gold targets within the survey area. A map outlining the survey results will be posted on the company website shortly. Otish intends to follow up these encouraging sample results with a mechanical trenching and channel sampling program in the five prospective areas with the goal of defining drill targets.

“We are off to a great start with these initial results from Purini,” commented Steve Smith, President and CEO.

The sampling was completed by the Otish Gold (Guyana) field crew under the supervision of Martin Zambrano, Senior Geologist. All analytical work was completed at Acme Analytical Laboratories Ltd. (“Acme”) in Vancouver, B.C. Acme is accredited under ISO 9001. The samples were bagged on site and then delivered to Acme’s facility in Georgetown, Guyana where they were prepared by crushing one kilogram to 80% passing 10 mesh and then pulverizing a 250-gram pulp subsample to 85% passing 200 mesh. The pulps were shipped to Vancouver and analyzed for 37 elements (including gold) by 15g aqua regia digestion, ICP-MS finish technique. Mark Fekete, P.Geo, is the designated qualified person as defined in Section 1.2 in and for the purposes of National Instrument 43-101 responsible for reviewing the technical content of this release.

On Behalf of the Board of Otish Energy Inc.

“Steve Smith”, President

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The Company disclaims any intention or obligation to revise or update such statements.

For more information, please contact

Otish Energy Inc.
Steve Smith
President
604 642-0115
604 642-0116 (FAX)
steve@otishenergyinc.com

VANCOUVER, BRITISH COLUMBIA–( March 17, 2011) - Otish Energy Inc. (the “Company”) (TSX VENTURE:OEI) is pleased to announce the completion of the Phase I exploration program on the Company’s Purini Gold Project in Guyana, SA.

The Company conducted a systematic exploration program to evaluate and develop the gold potential of the property, including line cutting, hand-powered auger soil sampling, geological mapping and pit rock chip / soil sampling, channel sampling of the quartz veins and saprolite, and propose trenching sites and diamond drilling targets.

Grid location and Sampling stations

A 6.5 by 1.6km grid with Baseline and sampling stations were located in the Puruni Gold Project using a Garmin GPSmap 76CSx. This grid is distributed in 14 1.6km lines spaced 500m each. Of these 14 lines, each one consists of 16 sampling stations 100m spaced.

Pit Sampling

The walls of 3 large gold working pits (mainly Brazilian dredge workings), along with numerous other smaller workings, were checked and sampled. The pits that were checked but not sampled are at the moment full of water, and were unable to be worked.

Of these 3 large pits, 9 samples were collected. Saprolite samples in the pits were taken in 1×1 m panel samples, including 2 sluice box tailing material.

Deep hand auger sampling

The oil sampling was done with a 3m hand-powered auger and samples were collected from surface to depths between 2 to 3m. The first 2 m of material is discarded and the rest of the material collected as 1 m samples which weigh from 2 kg to 5 kg. Unless there was contact with phreatic water, the samples were taken between 1 to 2m. The samples are going to be analyzed using normal soil geochem and SGH (first 300m W – Baseline – first 300m E).

The objective of this deep auger sampling is to define a large area with anomalous gold values. If promising gold values come up from this program, the area will require additional follow up with mechanical trenching or shallow diamond drill holes, including infill lines to obtain more soil samples. 224 hand-powered auger soil samples together with 98 SGH soil samples were collected during Phase 1, making a total of 322 soil samples.

Benoit Moreau, P. Eng. Vice President, Exploration for Otish Energy, is a qualified person (is such is defined in National Instrument 43-101) and is responsible for the geological information presented herein.

On Behalf of the Board,

Otish Energy Inc.

Steve Smith, President

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The Company disclaims any intention or obligation to revise or update such statements.

For more information, please contact

Otish Energy Inc.
Steve Smith
President
604 642-0115
604 642-0116 (FAX)
steve@otishenergyinc.com

Summary

The Puruni Project area (Alphonso and Kayum Permits) consists of five (5) Mining Permits – Medium Scale (MP) and one (1) Prospecting Permit – Medium Scale (PPMS) totalling in area approximately 27.177 km2 (approx. 2,718 Ha). These Mining and Prospecting Permits were acquired from the Guyana Geology and Mines Commission – the statutory body responsible for Exploration & Mining in Guyana, by Henry Alphonso and Salim Kayum of Georgetown, Guyana in 2003. The permits are traversed by the Puruni River in the middle Puruni River Area, Mazaruni Mining District No.3, Guyana, N.T.S. Sheet Puruni – 26 SW.

The northernmost boundary of the evaluated area lies approximately 4.37 km south of the Peters Mine Concession (Guyana Goldfields Inc. TSX – GUY.T) which was subjected to a number of regional airborne and ground exploration surveys that focused on the Peters Mine Concession. The Peters Mine was discovered in the 1890’s by porknockers (local terminology for placer miners/prospectors) and underground development and mining was in operation between 1904 and 1909. During this period approximately 1,240 kg (40,000 oz) of gold was recovered from 63,000 tons of material mined (a recovery grade of 19.7 g Au/T). It is reported that the head grade was in excess of 41 g Au/T. The project area has a well documented history of alluvial mining in the active river channel, saprolite mining on land adjacent to the river bank and lode gold underground mining at the Peters Mine. In early 2009, while mining the saprolite and elevated gravel terraces adjacent to the river bank, two high grade veins were uncovered similar in characteristics to the quartz veins mined at Peters Mine.

Click here to download the PDF

VANCOUVER, BRITISH COLUMBIA–(Feb. 23, 2011) - Otish Energy Inc. (the “Company”) (TSX VENTURE:OEI) is pleased to announce its wholly owned Guyana subsidiary, Otish Gold (Guyana) has commenced phase one of the exploration program on its 6 (six) contiguous land blocks totaling approximately 9000 acres in the Mazaruni Mining District No. 3, Guyana.

Otish has hired Martin David Zambrano Gutiérrez of Peru to oversee the work program. Mr Gutiérrez is an Exploration Geologist with more than 10 years experience, working with well-known Mining and Geotechnics companies in Peru and Guyana. Mr Gutiérrez is a member of SEG (Society of Economic Geologists) since January 2009.

The Company has set up two camps; a crew of eighteen persons has been hired, inclusive of cooks, line cutters & GPS technicians. Program activities should take approximately two months, inclusive of line cutting, soil sampling, geological mapping, channel sampling of the quartz veins and saprolite trenching. The Company will be purchasing data from a previously flown airborne geophysical survey. The Company anticipates delineating drill targets by late spring 2011.

A NI 43-101 Technical Report has been filed for the Purini Project on www.sedar.com and the Company’s website www.otishenergyinc.com. The report provides the first detailed summary of the geology, history and exploration of the Purini Property.

The NI 43-101 Technical Report for the Purini Project was completed by Ulrich H. Kretschmar PhD, PGeo., of Orillia, Ontario. Mr Kretschmar is a Qualified Person for the purpose of Canadian NI 43-101, Standards of Disclosure for Mineral Projects.

The author collected 15 samples of saprolite, alluvium. Sluice box tailings, black sand, and bedrock quartz veins with visible gold from the property. The quartz veins returned assays of 40.5 oz gold/ton (1390 g/t), 61.1 oz/ton (2090 g/t), 216 oz/ton (7389 g/t), and 414 oz/ton (14794 g/t) while sluice box tailings returned 0.88 oz Au/t (27.7 g/t) and 0.91 oz Au/t (34.2 g/t).

Benoit Moreau, P. Eng. Vice President, Exploration for Otish Energy, is a qualified person (as such is defined in National Instrument 43-101) and is responsible for the geological information presented herein.

On Behalf of the Board of Otish Energy Inc.

Steve Smith, President

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The Company disclaims any intention or obligation to revise or update such statements.

For more information, please contact

Otish Energy Inc.
Steve Smith
President
604 642-0115
604 642-0116 (FAX)
steve.smith@telus.net
www.otishenergyinc.com

VANCOUVER, BRITISH COLUMBIA–(Feb. 22, 2011) – Otish Energy Inc. (the “Company”) (TSX VENTURE:OEI) announces that it has arranged, subject to the acceptance of the TSX Venture Exchange, a private placement totaling $500,000. These funds will be raised by the Company issuing up to 2.5 million units at a price of $0.20 per unit, each unit consisting of one common share and one-half of one share purchase warrant. Each whole warrant will entitle the holder, on exercise, to purchase one common share for a period of one year, at a price of $0.25.

Finder’s fees may be payable on a portion of the private placement, in accordance with the policies of the TSX Venture Exchange.

The net proceeds of the private placement will be used to further exploration on the Company’s properties and for working capital purposes.

On Behalf of the Board of Otish Energy Inc.

Steve Smith, President

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The Company disclaims any intention or obligation to revise or update such statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact

Otish Energy Inc.
Steve Smith
President
604 642-0115
604 642-0116 (FAX)
steve.smith@telus.net