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Tri Origin Exploration Ltd

Publié le 31 octobre 2007

Drilling Results at Keewatin, Copper, Gold & Uranium Project, NUNAVUT

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FOR IMMEDIATE RELEASE

October 31, 2007    

 

DRILLING RESULTS AND PROPERTY ACQUISITION AT KEEWATIN COPPER, GOLD AND URANIUM PROJECT, NUNAVUT

 

 

Tri Origin Exploration Ltd. (TOE:TSX-V) reports that final assay results have been received and new claims acquired as a result of a diamond drilling program conducted at the Keewatin project located 120 kilometres west of Arviat in the Kivalliq District of Nunavut. The program consisted of 6 diamond drill holes totaling 563 metres to test airborne and ground electro-magnetic geophysical targets within 4 widely-spaced areas outlined by the Company’s previous work.

 

Hole EL07-02 contained 7 samples representing 6.9 metres of core, between the depths of 21.5 and 167.4 metres down-hole which returned anomalous values in copper ranging up to 341 ppm (0.034%). The same hole returned anomalous values in uranium intersected in 5 samples representing 5.5 metres of core with values ranging up to 134 ppm (0.35 lbs U3O8 per tonne). Previous work in the area by Tri Origin had identified a significant new uranium target area defined by grab samples of boulders, located nearby the drill site of hole EL07-02 which returned assays of 8,500 parts per million and 3,380 parts per million uranium, which equate to 22.1 and 8.8 lbs U3O8 per tonne, respectively. Hole EL07-03 intersected weakly anomalous gold mineralization with a maximum assay value of 741 ppb across 1 metre. This hole was located near the interpreted head of a boulder field which returned values of up to 18.7 grams of gold per tonne from grab samples of the boulders taken during the Company’s previous work programs.

 

These results are considered important by management as drilling has now confirmed that bedrock on the property is copper, gold and uranium-bearing. This is the first time that drilling has been conducted at these targets and represents a very positive base to move ahead with detailed exploration in these areas. Prior to this work, important occurrences of copper, gold and uranium had been identified by the Company but only sampled in boulders of an indeterminate origin not directly tied to the extensive airborne and ground geophysical targets defined by Tri Origin.

 


Based on these results, Tri Origin has acquired, by staking, mineral rights to an additional 4 claims totaling approximately 10,000 acres. The initial Keewatin property consisted of 5 separate claim blocks comprising a total area of 24,275 acres in which Tri Origin was earning a majority interest from BHP Billiton Diamonds Inc. The new claim acquisition brings the total land package to over 34,000 acres.

 

Management is encouraged by the extent and style of mineralization detected during its work programs at Keewatin. Management has also recognized distinct similarities between Proterozoic-age rocks at Keewatin and others of the same age world-wide that are important hosts to major uranium, gold and base metal mining districts. The Company is planning for a continuation to its field program at Keewatin this coming spring.

 

The Keewatin project was conducted under the supervision of Chris Pegg, Kirkland Lake, Ontario, a geological consultant to Tri Origin Exploration Ltd. with more than 30 years experience in the exploration industry. Swastika Laboratories in Kirkland Lake, Ontario provided the analytical services for base and precious metal analyses. Gold assaying was performed by fire assay with an atomic absorption measured finish using 30 gram aliquot charges. The lower detection limit on these fire assays is reported to be 1 part per billion. Uranium and thorium analyses were performed by Assayers Canada in Vancouver B.C.

 

 

For further information please contact:

Tri Origin Exploration Ltd.

Dr. Robert Valliant, President

 

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 51% equity interest in its subsidiary, Tri Origin Minerals Ltd.; a publicly traded company listed on the Australian Stock Exchange under the symbol TRO.

 

Tri Origin Exploration Ltd

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CODE : TOE.V
ISIN : CA89557L1031
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Tri Origin est une société d’exploration minière de cobalt et de nickel basée au Canada.

Tri Origin est en développement de projets de cobalt, de nickel, d'argent, de cuivre, d'or, de plomb et de zinc en Australie, et détient divers projets d'exploration au Canada et en Australie.

Ses principaux projets en développement sont WOODLAWN UNDERGROUND et WOODLAWN RETREATMENT en Australie et ses principaux projets en exploration sont OVERFLOW, CALARIE, LEWIS PONDS et WOODLAWN MINING DISTRICT en Australie et RED LAKE EXTENSION / CONFEDERATION, BURNTBUSH, COCHENOUR et CITADEL CUSTOM GOLD (SURLUGA) au Canada.

Tri Origin est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 20,9 millions CA$ (16,8 millions US$, 13,9 millions €).

La valeur de son action a atteint son plus haut niveau récent le 05 avril 2007 à 1,39 CA$, et son plus bas niveau récent le 18 mars 2020 à 0,01 CA$.

Tri Origin possède 99 370 000 actions en circulation.

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Rapports annuels de Tri Origin Exploration Ltd
AUSTRALIAN AFFILIATE FILES ANNUAL REPORT
TOE 2008 Annual Report
Financements de Tri Origin Exploration Ltd
28/03/2011COMPLETES FINAL $1,000,000 TRANCHE OF NON-BROKERED FINANCING...
23/08/2010TOE News Release Aug 23, 2010 - Tri Origin Announces Flow-Th...
29/12/2009Flow Through Placement Completed
26/09/2008TOE ANNOUNCES CLOSING OF $1MILLION FLOW-THROUGH PRIVATE PLAC...
12/09/2008ANNOUNCES $1 MILLION FLOW-THROUGH PRIVATE PLACEMENT
23/10/2007Investment-Backed Credit Facility
Projets de Tri Origin Exploration Ltd
11/07/2013July 11, 2013 COMPANY AFFILIATE REPORTS RECEIVING FINAL GRAN...
21/05/2013MAY 21ST 2013 - Positive Results From Geophysical Surveryin...
08/11/2012Commences Drilling Program at Red Lake Extension Property
25/10/2012New Drill Program Approved for Red Lake Extension Property
03/04/2012AFFILIATE ANNOUNCES HIGH GRADE, DEEP DRILL INTERSECTIONS AT ...
22/03/2012(Woodlawn Retreatment)AFFILIATE ANNOUNCES APPROVAL FOR DEVELOPMENT OF WOODLAWN RET...
16/02/2012Osisko to Option Tri Origin's RLX Property
12/12/2011(North Abitibi)Announces High-Grade Gold Mineralization at North Abitibi
11/08/2011(Sky Lake)ACQUIRES ADDITIONAL LAND, SKY LAKE GOLD PROJECT, PICKLE LAKE
25/05/2011Commences Drilling Program at Red Lake Extension Project
08/07/2010(Lewis Ponds)Affiliate Reports on Progress at Lewis Ponds Gold Project
30/06/2010(Red Lake Extension / Confederation) Field Program Prioritizes Drill Targets
23/02/2010(Lewis Ponds)Affiliate commences airbone geophysical survey of Lewis Pond
06/04/2010(Woodlawn Mining District)Drilling Update at Woodlawn
08/09/2009(Red Lake Extension / Confederation)Drilling Program Complete At Red Lake Extension Project
07/07/2009(Red Lake Extension / Confederation)Commences Drilling at Red Lake
27/05/2009(Red Lake Extension / Confederation)Commences Exploration at Red Lake
06/02/2009(North Abitibi)North Abitibi Option Dropped and CFO Resigns
28/11/2008(Red Lake Extension / Confederation)DRILLING PROGRAM COMPLETE AT RED LAKE EXTENSION PROJECT/MANA...
03/11/2008(Red Lake Extension / Confederation)ON TOE DRILLING AT RED LAKE, ONTARIO & AUSTRALIAN AFFILIATE ...
29/09/2008(North Abitibi)TOE News Release - Summer Drilling Program Complete, North A...
01/08/2008AUSTRALIAN SUBSIDIARY REPORTS COMPLETION OF WOODLAWN RETREAT...
04/07/2008(North Abitibi)Commences Drilling at North Abitibi
02/07/2008(Keewatin)ACQUIRES 100% INTEREST IN KEEWATIN PROPERTIES (BHP)
30/04/2008(Woodlawn Underground)Mineral Resources Upgraded and Feasibility Study Nearing Com...
07/04/2008(Red Lake Extension / Confederation)AIRBORNE AND GROUND GEOPHYSICAL PROGRAMS DEFINE NEW DRILL TA...
06/03/2008(Woodlawn Underground)Woodlawn Zinc-Copper Projects Update
29/01/2008(Red Lake Extension / Confederation)Land Holdings increased and Airborne Geophysical program com...
18/12/2007(Woodlawn Underground)Drilling commences to add to Tailings Resource at Woodlawn
10/12/2007(Woodlawn Underground)Feasibility Study Progress at Woodlawn, NSW
31/10/2007(Keewatin) Drilling Results at Keewatin, Copper, Gold & Uranium Projec...
01/10/2007Gold Targets Identified by Overburden Drilling, RLX Project,...
11/09/2007(Woodlawn Underground)Woodlawn Zinc - Copper Projects update
25/06/2007Drilling program in progress at Red Lake Extension project, ...
02/04/2007(Woodlawn Underground)WOODLAWN UNDERGROUND PROJECT TO PROCEED TO FEASIBILITY
Communiqués de Presse de Tri Origin Exploration Ltd
23/09/2015IIROC Trading Resumption - TOE
23/09/2015Tri Origin Stakes Properties on Behalf of Abitibi Gold & Bas...
23/09/2015IIROC Trading Halt - TOE
09/07/2015Field Program Completed at Tri Origin's Sky Lake Gold Projec...
24/04/2013April 24th 2013 Positive Return from Sale of Tri Origin's In...
22/05/2012Commences at Red Lake
19/03/2012GOLD EXPLORATION TARGETS OUTLINED FOR 2012 FIELD SEASON
19/12/2011(Sky Lake)Drill Targets Confirmed at Sky Lake Gold Project
27/05/2011files fiscal Q3 Financial Statements
08/03/2011COMPLETES FIRST CLOSING OF $550,000 NON-BROKERED FINANCING
31/05/2010Key Gold Targets to be Evaluated as Field Season Commences
01/03/2010Acquires gold exploration property
25/01/2010DECLARES DIVIDEND-IN-KIND
22/01/2010Affiliate Successfully Listed on TSX
29/09/2009Announces Change of Record Date and Annual, General and Spec...
28/07/2009Announces Intention to Distribute Shares of AU
28/05/2009Releases Quarterly Financial Statements
02/03/2009Releases Interim Financial Statements
26/02/2009R. W. Hutchinson accepts position as Founding Chair, Geotech...
30/01/2009NEW RELEASE - ' TRI ORIGIN'S AFFILIATE RELEASES QUARTERLY RE...
12/01/2009- OZ MINERALS TERMINATES ALLIANCE WITH TRI ORIGIN
20/11/2008AUSTRALIAN AFFILIATE REPORTS SIGNING OF AGREEMENTS TO COMMEN...
22/08/2008FORMS ALLIANCE WITH MAJOR MINING COMPANY
06/08/2008To Commence Drilling at Red Lake
24/06/2008Australian Financing
29/02/2008 Financial Statements
26/10/2007June 2007 Financial Statements & MD&S point to a strong year...
28/09/2007MR. ALAN SNOWDEN JOINS THE BOARD OF TRI ORIGIN’S AUSTRALIAN ...
04/09/2007Financial Investment Update
12/07/2007commences drilling at Keewatin Project
28/06/2007Woodlawn Tailings Retreatment Project Resource
16/05/2007TOE - Announces Additional Shares Issued in Subsidiary and A...
21/03/2006drilling to commence, Red Lake extension, Ontario
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