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Origen Resources Acquires 100% Interest in the Broken Handle High-Grade Gold-Silver Project, Southern BC
Vancouver, British Columbia--(Newsfile Corp. - May 11, 2020) - Origen Resources Inc. (CSE: ORGN) (the "Company" or "Origen") is pleased to announce that it has
About this update from Origen Resources Inc
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - May 11, 2020) - Origen Resources Inc. (CSE: ORGN) (the \"Company\" or \"Origen\") is pleased to announce that it has acquired a 100% interest in the 2,098 hectare Broken Handle high-grade gold-silver and base metal project (\"Broken Handle\" or the \"Project\") located 50km north of Grand Forks, BC. Key Highlights Broken Handle is located 3km to the south of the prolific Franklin gold mining camp which was a center of activity in the early 1900s and spanned a period of 76 years. Exploration work in 2018 and 2019 rediscovered several historically prominent mineral occurrences including showings that have not seen exploration work since the 1920's. Highlighted grab samples* include 23 g/t Au with 973 g/t Ag from the Zap showing, 7.17 g/t Au from the Alco showing, 0.53 g/t Au, 363 g/t Ag and 0.616% Cu from the Morrell Camp and 0.5 g/t Au, 315 g/t Ag and 1.58% Cu from the C.P.R. showing. * Grab samples are by definition selective. Grab samples are solely designed to show the presence or absence of mineralization, and are not intended to provide nor should be construed as a representative indication of grade or mineralization at the Project. Refer below for fuller disclosure on the 2019 grab sampling program and results. \"The acquisition of Broken Handle fits well with our growing portfolio of precious metal projects,\" states Gary Schellenberg, CEO. \"The recent results support the reported level of historic activity centered on the area and indicate a possible relationship between several of the mineral occurrences that has yet to be revealed.\" The road accessible Broken Handle project covers historical and new mineral showings similar in nature to those found at the prolific Franklin Camp1 located 3 km north. Over a 76 year period, the Franklin Camp produced greater than 1,392,000 oz. Ag and 55,500 oz Au2 (UNION Minfile 082ENE003 Production Detail Report). Two distinct styles of mineralization are evident at the Project; polymetallic epithermal veins (Ag-Pb-Zn-Cu +/- Au), potentially related to the regional Granby Fault and Cu-Pb-Zn-Ag-Au skarns associated with limestone and marble lenses in contact with intrusive rocks. (1) Camp refers to a colony of miners settled in proximity to a mine, or series of mines or workings. (2) Referenced nearby historic resources, deposits ...