Business
Origen Resources Commences Drilling at LGM Property in B.C. Golden Triangle
Vancouver, British Columbia--(Newsfile Corp. - July 21, 2022) - Origen Resources Inc. (CSE: ORGN) (FSE: 4VXA) (the "Company" or "Origen") is pleased to announce
About this update from Origen Resources Inc
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - July 21, 2022) - Origen Resources Inc. (CSE: ORGN) (FSE: 4VXA) (the \"Company\" or \"Origen\") is pleased to announce it has mobilized crews for its inaugural drill program at the 100% owned LGM property (\"LGM\" or \"Property\") located in the heart of the Golden Triangle in northwest B.C. Key Highlights All drill targets are shallow and have never been tested New district-scale copper-molybdenum porphyry target with associated anomalous rhenium values in the heart of the Golden Triangle Priority gold target in addition to adjacent copper-molybdenum porphyry target Coincident geochemical, geophysical and alteration anomalies is the focus of drilling Drilling has commenced at the Hidden Gold Zone, one of three high priority targets. \"After multiple seasons of systematic geological work the Origen team is thrilled to be drilling these high calibre targets on the LGM property. This phase one drill program will give Origen a good look at what we feel are significant copper-molybdenum porphyry and gold systems,\" states Blake Morgan, Company President. Three priority areas in the 4 km by 5km district-scale Lulu porphyry area (\"Lulu\") will be drilled during the program. The targets exhibit geochemical and geophysical similarities to other large nearby porphyry deposits and encompasses multiple high-priority prospects of which the Long Ridge, Hidden Gold and the Lulu targets will be tested in this program. LGM drilling sites have been selected to support testing multiple geological, geochemical and geophysical targets from each location, thereby maximizing the Company's ability to continue advancing this project. The phase one drill program is planned to consist of up to 2,500m of drilling. Modelling of the magnetics and VTEM geophysical surveys flown last summer has upgraded the potential and priority ranking for both the copper-molybdenum-rhenium Long Ridge and the Hidden Gold zones. The geophysics has revealed coincident magnetic and EM conductivity features that closely overlap the Long Ridge surface geochemical anomaly, making for a very compelling drill target. In addition, the geophysical features extend to the north of Long Ridge into an unexplored area, indicating a larger target than currently expressed by the geochemical anomaly. At the Hidden Gold zone, geop...