Business
Origen Resources to Drill the LGM Property in the Golden Triangle This Summer
Vancouver, British Columbia--(Newsfile Corp. - June 7, 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. - June 7, 2022) - Origen Resources Inc. (CSE: ORGN) (FSE: 4VXA) (the \"Company\" or \"Origen\") is pleased to announce 2022 drill plans for its 100% owned LGM property (\"LGM\" or \"Property\") located in the heart of the Golden Triangle in northwest B.C. Property Highlights New district-scale copper-molybdenum porphyry target in the heart of the Golden Triangle Coincident geochemical and geophysical anomalies to be the focus of drilling All drill targets are shallow and have never been drilled tested Highly anomalous rhenium values; usually associated with molybdenum mineralization Priority gold target peripheral to the copper-molybdenum porphyry target Close proximity to infrastructure, roads and airstrip Drilling set to commence in the coming weeks \"The entire Origen team is incredibly excited to get the drill turning on some of the best, never before drilled porphyry targets in the Golden Triangle. These targets are the result of many years of systematic field work and have the real potential to deliver a world-class discovery. With district-scale potential and major players like Teck and Newmont next door,the Origen team is thrilled to begin its phase 1 drill campaign,\" states Blake Morgan, Company President. The Company has entered into key service contracts with Tahltan Nation Development Corporation (TNDC) affiliated contractors and have all of the necessary personnel and equipment secured to execute on a minimum 2,500 metre drill program. Three priority areas in the 4 km by 5km district-scale Lulu porphyry area (\"Lulu\") are planned to be drilled during the upcoming program, set to commence within the coming weeks. 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 core targets will be tested in this program. 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 ex...