Tri Origin Exploration: Diamond Drilling Commences at Tri Origin's South Abitibi Alliance Gold & Base Metal Property
Aurora, Oct. 17 2016 - Tri Origin Exploration Ltd. (TSX-V:TOE) ("Tri Origin" or the "Company") is pleased to announce that a program of diamond drilling has commenced at Target Area 1 ("TA-1") which comprises a portion of the Company's large property holding along the south margin of the Abitibi Greenstone Belt in the Cobalt-Temagami region of Ontario. The program is being conducted on behalf of a gold and base metal exploration Alliance entered into between Tri Origin and Sumac Mines Ltd. ("Sumac") a subsidiary of Sumitomo Metal Mining Co. Ltd. ("Sumitomo"). Sumac is funding Alliance activities through preliminary phases of exploration including the current drill program. Drill holes will target geophysical anomalies detected during recently completed induced polarization ("IP") and airborne electromagnetic ("VTEM") surveys at TA-1. The program is planned to consist of 3150 metres of drilling in a minimum of 6 drill holes.
TA-1 is an 8 kilometre by 4 kilometre area within the regional South Abitibi land holdings held by the Alliance and is interpreted to be underlain by prospective mafic and felsic volcanic rocks, sedimentary rocks and iron formation of the southern Abitibi Greenstone Belt. These rocks are covered by an extensive blanket of Proterozoic-age rocks ranging from a few metres to hundreds of metres in thickness. Consequently, the drill holes have been designed to target anomalies detected during the Company's previously completed deep-looking IP and VTEM surveys which penetrated through the cover rocks and detect targets at up to 400 metres below surface in areas "blind" to previous geophysical or geological techniques.
The drill program is anticipated to be completed by the end of the year. Shareholders will be informed of the results following completion of the program and receipt of final results.
Alliance activities within the southern Abitibi Greenstone Belt provide a fully-funded opportunity for Tri Origin to capitalize on its strategy of identifying and acquiring prospective, district-scale properties in well-mineralized mining areas and advancing these properties toward making new discoveries.
Tri Origin is pleased to participate with Sumac in its mineral exploration efforts and values Sumac's contributions to this Alliance. Sumitomo, Sumac's parent company, is a Japanese firm engaged in gold and base metals mining, smelting and refining, manufacturing of semiconductor and advanced materials and other business. For more information about Sumitomo, please visit www.smm.co.jp/E/
For information about Tri Origin, please visit www.triorigin.com or SEDAR www.sedar.com or contact:
Dr. Robert Valliant, President
Tel: (905) 727-1779
E-mail: invest@triorigin.com
Tri Origin Exploration Ltd. is publicly listed on the TSX Venture Exchange under the trading symbol TOE. Tri Origin is a leading Canadian exploration company with gold and base metal projects in Canada.
CAUTIONARY STATEMENT: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Tri Origin's periodic reports including the annual report or in the filings made by Tri Origin from time to time with securities regulatory authorities.
Copyright (c) 2016 TheNewswire - All rights reserved.
