NewOrigin Gold Reviews 2021 Corporate and Exploration Activities, and provides insight into 2022
December 31, 2021 - NewOrigin Gold Corp. (TSXV:NEWO) (OTC:TROIF) NewOrigin Gold would like to express thanks to our shareholders and partners who made 2021 possible through their continued commitment and support. The year began with the announcement of new strategic shareholders, O3 and Osisko Mining, along with completion of a $2.75M financing. In 2021, NewOrigin executed a drill program at our North Abitibi gold project, continued to advance the Sky Lake gold property to the drill phase, carried out a geological program at South Abitibi, and completed an airborne geophysical survey at the newly acquired Kinebik gold project.
In early 2022, results will be received from our North Abitibi diamond drill program testing 4 deep Induced Polarization targets at depth below 3 separate gold-bearing zones. North Abitibi is in the Casa Berardi trend, south of the Detour Lake mine where previous drilling has not been conducted at these targets below a 150m vertical depth.
In December of 2021, the Company received a drill permit for its Sky Lake gold project and is engaged with First Nation communities to conclude an Early Exploration Agreement.
NewOrigin is awaiting results from its North Abitibi drill program while planning for a summer drill program at Sky Lake.
We thank you for your support and are looking forward to further drill programs on our two main projects to move the company forward in the coming year.
For Further Details Please see the Link Below:
https://www.neworigingold.com/_resources/news/NewOrigin%20Gold%202021%20Year%20End%20Review.pdf
David Farquharson, President
About NewOrigin Gold Corp.
NewOrigin Gold Corp. (formerly Tri Origin Exploration Ltd.) is a well-funded, Canadian gold exploration company focused on drill discovery on its North Abitibi and Sky Lake gold projects in the Canadian Shield. NewOrigin's management and board have extensive experience in the delineation and development of gold deposits. Company shareholders include O3 Mining Inc. and Osisko Mining Inc. NewOrigin Gold trades on the TSX Venture Exchange under the ticker "NEWO".
For Further Information Contact:
David Farquharson , President
Phone: (905) 727-1779 or visit www.neworigingold.com
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.
Cautionary Statement regarding Forward Looking Statements:
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" which are not comprised of historical facts. 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. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management's expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the intention to complete the foregoing, the Company's objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, the Company's ability to obtain all approvals required in connection with the foregoing, the Company's ability to predict or counteract potential impact of COVID-19 coronavirus on factors relevant to the Company's business failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
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