Field Program Completed at Tri Origin's Sky Lake Gold Project, Ontario
Aurora, Ontario--(Newsfile Corp. - July 9, 2015) - Tri Origin Exploration Ltd. (TSXV: TOE) ("Tri Origin" or "The Company") is pleased to announce that a field program at its Sky Lake gold property located 30 kilometres southwest of Pickle Lake, Ontario has been completed and that obligations of an earn-in option held by the Company over a small claim group comprising a portion of the property have been met and an 80% interest in these claims has been vested with Tri Origin. The program was successful in delineation of new drill targets along strike from an area of known gold occurrences. These targets have been confirmed through geological, geophysical and geochemical surveying and drill testing is warranted.
Field work consisted of Induced Polarization ("IP") geophysical surveying conducted along 6 kilometres of newly cut grid, geological mapping and overburden geochemical sampling at areas interpreted to be underlain by altered and mineralized rock. This work was conducted at the central portion of Tri Origin's 23 kilometre long property within claims held under option from Kitrinor Metals Inc. ("Kitrinor"). Tri Origin has now met all requirements of the Kitrinor option and has acquired an 80% interest in the Kitrinor claims.
The program was designed to explore for and identify new, orebody-scale targets in the vicinity of historic gold occurrences delineated during the 1950's which occur on adjacent patent claims. IP surveying was conducted approximately 1.5 kilometres to the south and east of these gold occurrences and detected previously unrecognized anomalies in sand and muskeg covered areas. Geological mapping uncovered altered rocks in a prospective geological environment nearby the IP anomalies and results from geochemical analyses of mineral soil and humus samples collected over the IP survey area are being compiled to prioritize anomalies for future drill testing. Tri Origin's application of modern exploration techniques has been the first work in this area since the 1980's. Tri Origin was successful in its intent to detect new prospective targets during this initial test program that may indicate covered gold deposits or previously unknown extensions of known gold zones and to 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 its systematic evaluation in the search for multi-million ounce gold deposits of the Bousquet/LaRonde type.
Follow-up work programs are being designed by the Company and shareholders will be informed of commencement of the next phases of work at the Sky Lake gold project.
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.
Activation Laboratories Ltd of Ancaster, Ontario conducted gold and multi element analyses on 127 samples of humus using INAA (code 2A) and aqua regia ICP (code 2C1) techniques and also on 73 samples of mineral soils using fire assay AA (code 1A2) and aqua regia ICP (code UT) techniques.
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.