Business
Origen Resources Permitted for Phase I Drilling on its Wishbone Property in the Golden Triangle
Vancouver, British Columbia--(Newsfile Corp. - April 14, 2021) - Origen Resources Inc. (CSE: ORGN) (FSE: 4VX) (the "Company" or "Origen") is pleased to announce
About this update from Origen Resources Inc
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - April 14, 2021) - Origen Resources Inc. (CSE: ORGN) (FSE: 4VX) (the \"Company\" or \"Origen\") is pleased to announce that it has been granted a five-year area-based drill permit on its Wishbone property (\"Wishbone\" or \"Property\") located in the heart of the Golden Triangle in northwest B.C. Exploration at Wishbone is focused on a large gold-rich cirque area called the Rat, where numerous high grade gold values from rock and talus were obtained last season, and the Windy showing to the northeast, where multiple high grade gold and silver veins occur (see details on targeting below). Exploration Plan for 2021: Skytem Survey Canada has been contracted to conduct an airborne high resolution electromagnetic (EM) survey over the Property in late spring. Further mapping, sampling and a detailed IP survey will be conducted over priority targets. Phase 1 drill program will consist of a minimum of two drill pad locations and 1,500 meters of drilling at the Rat area targeting the breccia discovered in outcrop that assayed 36.3 g/t gold. We anticipate a Phase 2 drill program to follow-up our Phase 1 program later this season. \"With the LGM and Wishbone drill permits now in hand and planning well underway for an active exploration season, we are poised to unlock the mineral potential of our flagship Golden Triangle assets,\" states Company President Blake Morgan. Permitted Operations for Wishbone in 2021 The permit allows the Company to establish 50 drill pads locations, construct helicopter pads, establish access trails, conduct up to 100 line km of ground Induced Polarization (\"IP\") geophysics and conduct trenching over the next five years. The Company has contracted Skytem Survey Canada to conduct an airborne high resolution EM survey over the Property that is scheduled to commence in late spring. The airborne survey will then be followed by further geological mapping, sampling and a detailed IP survey to refine drill targets ahead of a mid-season inaugural drill program consisting of a minimum of 1,500 m. This work schedule will allow for a follow-up drill program as warranted within the 2021 exploration season. Initial Priority targets for 2021 The Rat Boulder Train with high grade gold results, including a boulder located 100 meters from the edge of a retreating glacier that retur...