Business
Origen Resources Commences Fieldwork at the LGM Property in British Columbia's Mineral Rich Golden Triangle
Vancouver, British Columbia--(Newsfile Corp. - August 5, 2020) - Origen Resources Inc. (CSE: ORGN) (the "Company" or "Origen") is pleased to announce the commen
About this update from Origen Resources Inc
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - August 5, 2020) - Origen Resources Inc. (CSE: ORGN) (the \"Company\" or \"Origen\") is pleased to announce the commencement of fieldwork on its wholly-owned LGM property (\"LGM\" or the \"Property\"), comprising 26,771 hectares (ha.) in the highly prospective Golden Triangle of Northwest British Columbia. Field work commenced in mid-July and is designed to target three separate gold +/- copper targets within the Property in preparation for a larger, follow-up exploration program. Key Highlights 2020 phase 1 exploration program is currently underway. The newly identified and highly gossanous Red Zone, on strike from Evergold Corp.'s Snoball property2, undergoing first ever systematic exploration. The Grizzly prospect will be explored upslope from the historical Au-Cu soil anomaly as data analysis points to an upslope source. The Origen team will investigate an overlooked quartz-sericite-pyrite altered zone 1 km NE of the Lucifer Au-Cu mineral showing with multiple samples > 100 ppb Au in soil and rock. Some of the mineralization discovered to date on the Property appears to be associated with the same intrusive rocks thought to be responsible for the Snip (Au), KSM (Au-Cu-Ag), Bronson Slope (Au-Cu), Brucejack (Au-Ag) and other important mineral occurrences. Assay results will be expedited to allow for follow up work and possibly drilling during this exploration season. \"After a thorough review of all available data, our geological team is excited to get boots on the ground and turn newly developed theories into reality. Having so many exciting targets in BC's mineral endowed Golden Triangle has the entire Origen team eagerly anticipating what the phase one explorations results could yield,\" states Blake Morgan, Company President. Red Zone Origen has identified a highly prospective zone that bears geological and structural similarities to mineralization on Evergold Corp.'s Snoball Property2. Recent satellite imagery shows new distinct gossans located within mapped Hazelton Group rocks and along the Northmore Fault that have not seen any recorded exploration work. In addition to defining a geological contact, the Northmore Fault represents a portion of the B.C. Geological Survey's \"Red Line\", interpreted to have a significant spatially association with most major metal deposits...