Tri Origin Commences Field Program at Sky Lake Gold Project, Ontario
Aurora, Ontario--(Newsfile Corp. - May 21, 2015) - Tri Origin Exploration Ltd. (TSXV: TOE) ("Tri Origin" or "The Company") is pleased to announce the commencement of a field program at its Sky Lake gold property located 30 kilometres southwest of Pickle Lake, Ontario. The program is planned to consist of a test program of Induced Polarization ("IP") geophysical surveying followed by geological mapping and geochemical sampling to screen and prioritize IP anomalies.
The target area selected for IP surveying is within the central portion of the property in the vicinity of interesting gold occurrences delineated during the 1950's. Surveying will test for possible eastward extensions of these gold occurrences in previously unexplored sand and muskeg covered areas. Historic work in this area had detected gold mineralization associated with iron formation and alteration of rock units which may be indicative of proximity to as yet, undiscovered gold deposits. Tri Origin's application of modern exploration techniques has been the first work in this area since the 1980's. The intent of this initial test program is to successfully detect geophysical responses that may indicate extensions of known gold zones and thereby substantiate the planning of a larger survey and diamond drill program in the future.
The Sky Lake gold property covers a 23 kilometre long portion of a well-mineralized belt of volcanic and sedimentary rock that lies midway between the past-producing gold deposits of the 2 million ounce Pickle Lake Gold District to the northeast and the Golden Patricia gold mine to the west. The geological environment being investigated by the Company strongly resembles that hosting the important current and past-producing LaRonde, Bousquet and Doyon gold mines in Quebec where over 25 million ounces of gold have been identified and recovered by mining companies including Agnico Eagle Mines Ltd., IAMGold Corp., Barrick Gold Corp. and LAC Minerals Ltd.
Tri Origin is excited about its prospects at Sky Lake. It has assembled a district-scale property and designed an exploration program focused on the systematic evaluation of the area in its search for multi-million ounce gold deposits of the Bousquet/LaRonde type.
The current program will be completed during June. Results of the program will be released following their receipt and review by the Company.
For more information about Tri Origin, please visit www.triorigin.com or SEDAR at www.sedar.com, or contact:
Dr. Robert Valliant, President
Tri Origin Exploration Ltd.
Tel: (905) 727-1779
E-mail: explore@triorigin.com
Tri Origin Exploration Ltd. is publicly listed on the TSX Venture Exchange under the trading symbol TOE. Tri Origin is a leading Canadian exploration company with gold and base metal projects in Canada.
CAUTIONARY STATEMENT: Neither 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 includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.