Business
Origen Resources Applies to Increase Its Lithium Land Package in Argentina
Vancouver, British Columbia--(Newsfile Corp. - September 15, 2022) - Origen Resources Inc. (CSE: ORGN) (FSE: 4VXA) (the "Company" or "Origen") is pleased to ann
About this update from Origen Resources Inc
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - September 15, 2022) - Origen Resources Inc. (CSE: ORGN) (FSE: 4VXA) (the \"Company\" or \"Origen\") is pleased to announce that it has applied to increase its lithium land package in La Rioja Province, Argentina by over 28,000 hectares. If approved, the Los Sapitos Lithium Project would be over 75,000 hectares in size. The new claim applications were the result of a comprehensive regional review of satellite imagery to identify signatures similar to those where the Company obtained favourable exploration results that were recently reported (see news release dated September 9, 2022). The new claim areas exhibit both clay and evaporite mineral signatures that may indicate the presence of near surface brine and hot spring activity. \"We are looking forward to returning to the field on this project. We are confident that the methods our team is utilising are a potential game changer for identifying new prospective lithium targets,\" states Gary Schellenberg, Company CEO. The Company is in the final stages of planning for its upcoming exploration program on its existing claims that is expected to commence this fall. Upcoming Program The next phase of work will have the exploration team continue ground based mapping and systematic sampling of not only brines, but also investigate the extent and characteristics of lithium-bearing clays prior to focussing on a regional geophysical gravity survey. The gravity survey will be used to identify controlling structures, basement shape and potential brine traps under cover within the basins. This program will also provide ground truthing for planned remote sensing and/or a hyperspectral airborne surveys of the claims to apply mapping and prospectivity recognition across the project area. About the Los Sapitos Lithium Belt The Company's claim package currently totals 48,325 hectares (ha) and is centered on known salars (dry salt lakes). The belts tectonic setting, geothermal activity and observed brine chemistry are similar to that of the Lithium Triangle to the north and give rise to the potential for discovering structural traps for lithium-bearing aquifers at depth. The area is also host to vast alluvial sand and clay deposits that have never been investigated for their lithium content. Very limited exploration for lithium has occurred within th...