Tri Origin Exploration Ltd

Published : December 12th, 2011

Announces High-Grade Gold Mineralization at North Abitibi

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Keywords :   Australia | Canada | Diamond | Gold | Gold Mine | Iron | Silver |

December 12, 2011

HIGH-GRADE GOLD MINERALIZATION CONFIRMED AT NORTH ABITIBI PROJECT

 

Tri Origin Exploration Ltd. (TSX-V: TOE) (?Tri Origin? or the ?Company?) is pleased to announce high-grade assay results have been received from a recent trenching program at its North Abitibi gold property located 150 kilometres north of Kirkland Lake in the Abitibi Greenstone Belt of Ontario.

 

The Road Gold Zone was exposed and sampled in one of 6 trenches completed in the area. At this trench, grab samples of quartz-carbonate vein material returned values of up to 43 grams per tonne (?g/t?), 25 g/t and 21 g/t of gold. In total, 14 samples were taken in the Road Gold Zone trench with 5 samples returning values greater than 1 g/t. The remainder were of volcanic rock between the veins and contained low but anomalous values in gold ranging up to 271 parts per billion. In addition, 4 of these samples returned values of greater than 10 g/t of silver and are being re-assayed to confirm their actual silver content. The Road Zone trench is 15 metres in a north-south direction and 20 metres east-west. Veins observed in this trench ranged from a few centimetres to 30 centimetres thick and were from 2 to 5 metres apart. Their lengths could not be determined as they extended under overburden cover at the edges of the trench. The thickness of the zone has not yet been determined due to thick overburden at the north and south ends of the trench. The zone comprises parallel, west-striking veins hosted by west-striking, quartz/iron-carbonate/pyrite/magnetite and hematite altered felsic volcanic rock.

 

Trenching was successful in exposing the Road Gold Zone at surface however weather conditions did not permit a thorough job of clearing and exposing continuous expanses of the zone. Grab samples were only able to be taken where exposure permitted. Follow-up work during the coming season will involve more detailed and systematic sampling of this gold zone after the exposure has been extended and cleaned.

 

The Road Zone was discovered in the 1980?s and has also been intersected in previous drilling by Tri Origin returning values of up to 17.8 grams per tonne of gold across 1.6 metres at a depth of 212 metres down hole.  The Road Zone has been traced through drilling for approximately 300 metres along strike. This recent program of trenching has aided in proving the continuity and extension to surface of the zone. Additional work is warranted and Tri Origin intends to continue trenching, geological and geophysical surveying and Diamond drilling on the property during the coming field season.

 

The North Abitibi Project is comprised of 16 claims covering an area of 28 square kilometres.  It is within the Abitibi Greenstone Belt, one of the world?s most prolific metal-producing regions and approximately 40 kilometres west of the Casa Berardi gold mine in Quebec. The North Abitibi property is located within the same geological terrain as a number of past and currently producing gold and base metal districts and mines including Matagami, Joutel, Selbaie and the Detour Lake Mine.  Previous drilling at North Abitibi in the 1980?s and 1990?s, conducted in part by the Company, identified a number of gold occurrences at that time although geological understanding of their extent was limited.  Tri Origin believes that the property exhibits a number of promising geological features which may be associated with as yet undiscovered gold orebodies.

 

All grab samples were taken from bedrock and ranged between 1 kilogram and 2 kilograms in weight. Assaying was done at SGS Laboratories on 15 gram sample splits by the fire assay and atomic absorption finish method. Samples that returned gold values in excess of 10 g/t were re-assayed by fire assay using a gravimetric finish.

 

For further information, please refer to the Company?s website www.triorigin.com  or SEDAR www.sedar.com or contact:

 

Dr. Robert Valliant, President

Tri Origin Exploration Ltd.

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.  Tri Origin has leveraged exposure to mineral discoveries in Australia through its equity interest in its affiliate, TriAusMin Limited which holds gold and base metal resource-based assets in New South Wales.

 

 

 

 

Data and Statistics for these countries : Australia | Canada | All
Gold and Silver Prices for these countries : Australia | Canada | All

Tri Origin Exploration Ltd

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CODE : TOE.V
ISIN : CA89557L1031
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Tri Origin is a cobalt and nickel exploration company based in Canada.

Tri Origin develops cobalt, nickel, copper, gold, lead, silver and zinc in Australia, and holds various exploration projects in Australia and in Canada.

Its main assets in development are WOODLAWN RETREATMENT and WOODLAWN UNDERGROUND in Australia and its main exploration properties are RED LAKE EXTENSION / CONFEDERATION, BURNTBUSH, COCHENOUR and CITADEL CUSTOM GOLD (SURLUGA) in Canada and OVERFLOW, CALARIE, LEWIS PONDS and WOODLAWN MINING DISTRICT in Australia.

Tri Origin is listed in Canada and in Germany. Its market capitalisation is CA$ 20.9 millions as of today (US$ 16.8 millions, € 13.9 millions).

Its stock quote reached its highest recent level on April 05, 2007 at CA$ 1.39, and its lowest recent point on March 18, 2020 at CA$ 0.01.

Tri Origin has 99 370 000 shares outstanding.

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Annual reports of Tri Origin Exploration Ltd
AUSTRALIAN AFFILIATE FILES ANNUAL REPORT
TOE 2008 Annual Report
Financings of Tri Origin Exploration Ltd
3/28/2011COMPLETES FINAL $1,000,000 TRANCHE OF NON-BROKERED FINANCING...
8/23/2010TOE News Release Aug 23, 2010 - Tri Origin Announces Flow-Th...
12/29/2009Flow Through Placement Completed
9/26/2008TOE ANNOUNCES CLOSING OF $1MILLION FLOW-THROUGH PRIVATE PLAC...
9/12/2008ANNOUNCES $1 MILLION FLOW-THROUGH PRIVATE PLACEMENT
10/23/2007Investment-Backed Credit Facility
Project news of Tri Origin Exploration Ltd
7/11/2013July 11, 2013 COMPANY AFFILIATE REPORTS RECEIVING FINAL GRAN...
5/21/2013MAY 21ST 2013 - Positive Results From Geophysical Surveryin...
11/8/2012Commences Drilling Program at Red Lake Extension Property
10/25/2012New Drill Program Approved for Red Lake Extension Property
4/3/2012AFFILIATE ANNOUNCES HIGH GRADE, DEEP DRILL INTERSECTIONS AT ...
3/22/2012(Woodlawn Retreatment)AFFILIATE ANNOUNCES APPROVAL FOR DEVELOPMENT OF WOODLAWN RET...
2/16/2012Osisko to Option Tri Origin's RLX Property
12/12/2011(North Abitibi)Announces High-Grade Gold Mineralization at North Abitibi
8/11/2011(Sky Lake)ACQUIRES ADDITIONAL LAND, SKY LAKE GOLD PROJECT, PICKLE LAKE
5/25/2011Commences Drilling Program at Red Lake Extension Project
7/8/2010(Lewis Ponds)Affiliate Reports on Progress at Lewis Ponds Gold Project
6/30/2010(Red Lake Extension / Confederation) Field Program Prioritizes Drill Targets
2/23/2010(Lewis Ponds)Affiliate commences airbone geophysical survey of Lewis Pond
4/6/2010(Woodlawn Mining District)Drilling Update at Woodlawn
9/8/2009(Red Lake Extension / Confederation)Drilling Program Complete At Red Lake Extension Project
7/7/2009(Red Lake Extension / Confederation)Commences Drilling at Red Lake
5/27/2009(Red Lake Extension / Confederation)Commences Exploration at Red Lake
2/6/2009(North Abitibi)North Abitibi Option Dropped and CFO Resigns
11/28/2008(Red Lake Extension / Confederation)DRILLING PROGRAM COMPLETE AT RED LAKE EXTENSION PROJECT/MANA...
11/3/2008(Red Lake Extension / Confederation)ON TOE DRILLING AT RED LAKE, ONTARIO & AUSTRALIAN AFFILIATE ...
9/29/2008(North Abitibi)TOE News Release - Summer Drilling Program Complete, North A...
8/1/2008AUSTRALIAN SUBSIDIARY REPORTS COMPLETION OF WOODLAWN RETREAT...
7/4/2008(North Abitibi)Commences Drilling at North Abitibi
7/2/2008(Keewatin)ACQUIRES 100% INTEREST IN KEEWATIN PROPERTIES (BHP)
4/30/2008(Woodlawn Underground)Mineral Resources Upgraded and Feasibility Study Nearing Com...
4/7/2008(Red Lake Extension / Confederation)AIRBORNE AND GROUND GEOPHYSICAL PROGRAMS DEFINE NEW DRILL TA...
3/6/2008(Woodlawn Underground)Woodlawn Zinc-Copper Projects Update
1/29/2008(Red Lake Extension / Confederation)Land Holdings increased and Airborne Geophysical program com...
12/18/2007(Woodlawn Underground)Drilling commences to add to Tailings Resource at Woodlawn
12/10/2007(Woodlawn Underground)Feasibility Study Progress at Woodlawn, NSW
10/31/2007(Keewatin) Drilling Results at Keewatin, Copper, Gold & Uranium Projec...
10/1/2007Gold Targets Identified by Overburden Drilling, RLX Project,...
9/11/2007(Woodlawn Underground)Woodlawn Zinc - Copper Projects update
6/25/2007Drilling program in progress at Red Lake Extension project, ...
4/2/2007(Woodlawn Underground)WOODLAWN UNDERGROUND PROJECT TO PROCEED TO FEASIBILITY
Corporate news of Tri Origin Exploration Ltd
9/23/2015IIROC Trading Resumption - TOE
9/23/2015Tri Origin Stakes Properties on Behalf of Abitibi Gold & Bas...
9/23/2015IIROC Trading Halt - TOE
7/9/2015Field Program Completed at Tri Origin's Sky Lake Gold Projec...
4/24/2013April 24th 2013 Positive Return from Sale of Tri Origin's In...
5/22/2012Commences at Red Lake
3/19/2012GOLD EXPLORATION TARGETS OUTLINED FOR 2012 FIELD SEASON
12/19/2011(Sky Lake)Drill Targets Confirmed at Sky Lake Gold Project
5/27/2011files fiscal Q3 Financial Statements
3/8/2011COMPLETES FIRST CLOSING OF $550,000 NON-BROKERED FINANCING
5/31/2010Key Gold Targets to be Evaluated as Field Season Commences
3/1/2010Acquires gold exploration property
1/25/2010DECLARES DIVIDEND-IN-KIND
1/22/2010Affiliate Successfully Listed on TSX
9/29/2009Announces Change of Record Date and Annual, General and Spec...
7/28/2009Announces Intention to Distribute Shares of AU
5/28/2009Releases Quarterly Financial Statements
3/2/2009Releases Interim Financial Statements
2/26/2009R. W. Hutchinson accepts position as Founding Chair, Geotech...
1/30/2009NEW RELEASE - ' TRI ORIGIN'S AFFILIATE RELEASES QUARTERLY RE...
1/12/2009- OZ MINERALS TERMINATES ALLIANCE WITH TRI ORIGIN
11/20/2008AUSTRALIAN AFFILIATE REPORTS SIGNING OF AGREEMENTS TO COMMEN...
8/22/2008FORMS ALLIANCE WITH MAJOR MINING COMPANY
8/6/2008To Commence Drilling at Red Lake
6/24/2008Australian Financing
2/29/2008 Financial Statements
10/26/2007June 2007 Financial Statements & MD&S point to a strong year...
9/28/2007MR. ALAN SNOWDEN JOINS THE BOARD OF TRI ORIGIN’S AUSTRALIAN ...
9/4/2007Financial Investment Update
7/12/2007commences drilling at Keewatin Project
6/28/2007Woodlawn Tailings Retreatment Project Resource
5/16/2007TOE - Announces Additional Shares Issued in Subsidiary and A...
3/21/2006drilling to commence, Red Lake extension, Ontario
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