
FOR IMMEDIATE RELEASE:
August 22, 2008
TRI ORIGIN FORMS ALLIANCE WITH MAJOR MINING COMPANY
Tri Origin Exploration Ltd. (the ?Company? or ?Tri Origin?) (TOE: TSX-V) is pleased to announce that it has signed an alliance agreement with a major Australian mining company, OZ Minerals (?OZ?).
OZ was recently formed through the merger of Zinifex Limited and Oxiana Limited, both of Australia. The merged company will be a leading, diversified, global, mining company and currently the third largest diversified mining company in Australia. OZ also owns the Izok Lake, High Lake, Lupin, Ulu and associated deposits in Nunavut, Canada.
Tri Origin?s alliance with OZ (the ?Alliance?) will draw on the Company?s vast exploration experience in Canada. This Alliance will specifically focus on the exploration and potential development of base metal targets (known as volcanogenic massive sulphide or VMS) identified by Tri Origin, in the Canadian Shield of Ontario, Quebec and Manitoba.
The Alliance will require that OZ contribute an annual amount to Tri Origin to fund the initial costs incurred to identify prospects. OZ will also fund the exploration phase of projects identified by the Company, and accepted by the Alliance for further work, to a maximum of $750,000 per year. After sufficient expenditure, and assuming the Alliance elects to further advance a project governed by the Alliance, a specific project joint venture between Tri Origin and OZ may be formed to allow for development.
Dr. Robert Valliant, President and CEO of Tri Origin commented, ?We are very pleased to have entered into this alliance with OZ, one of the world?s leading mining companies. This will expand and enhance Tri Origin?s base metal exploration activities and provide opportunities to pursue larger projects. This should also complement the base metal presence Tri Origin already has through its Australian affiliate, Tri Origin Minerals Ltd. We look forward to providing key VMS exploration targets to be explored by the Alliance, the main focus of our agreement, and working to uncover value from targets we identify in the Canadian Shield.?
Tri Origin is a leading Canadian exploration company with gold and base metal exploration projects in Canada and, through its investment in Tri Origin Minerals Ltd., base metal exploration and development stage projects in Australia.
For further information please contact:
Tri Origin Exploration Ltd.
Dr. Robert Valliant, President and CEO
or
Rudy Duschek C.A, CFA, Executive V-P Corporate Development and CFO
Tel: (905) 294-9942.
Web page - www.triorigin.com
E-mail: invest@triorigin.com
Tri Origin Exploration Ltd. is publicly listed on the TSX Venture Exchange under the trading symbol TOE. Tri Origin has leveraged exposure to mineral discoveries in Australia through its 48% equity interest in its affiliate, Tri Origin Minerals Ltd.; a publicly traded company listed on the Australian Stock Exchange under the symbol TRO.