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Tri Origin Exploration Ltd

Publié le 16 mai 2007

TOE - Announces Additional Shares Issued in Subsidiary and Australian Activites

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FOR IMMEDIATE RELEASE:

MAY 16, 2007

Tri Origin Issued Additional Shares in Subsidiary and Australian Activities Gearing Up.

           

Tri Origin Exploration Ltd. (TOE:TSX-V) is pleased to announce that the remaining 2,750,000 performance shares held in its Australian subsidiary Tri Origin Minerals Ltd (TRO) have been converted to ordinary shares in TRO.  The conditions of conversion for all 11.5 million performance shares originally held by TOE were met as per TOE’s news release dated December 13th, 2006 however the conversion of the final 2.75 million was subject to Australian Corporations Act rules.  As a result of this final conversion, TOE holds 49,037,010 ordinary shares in TRO representing 50.99% of TRO’s issued capital. 

 

TRO, as part of its long term business strategy, continues to explore the Lachlan Fold Belt of New South Wales while also progressing the bankable feasibility study on its Woodlawn Zinc-Copper Projects.

 

At Woodlawn TRO has appointed key consultants to advance both the bankable feasibility study and statutory approval process for the Woodlawn Underground and Woodlawn Retreatment Projects.

 

The bankable feasibility study is on schedule for completion in first quarter 2008.

 

The Woodlawn Underground Project component of the study is evaluating the opportunity to mine and treat around 440,000 tonnes per annum of ore. The Woodlawn Retreatment Project will be evaluated as part of the bankable feasibility study on an integrated basis to treat up to 10 Mt of tailings. The combined projects would produce in the order of 120,000 tonnes per annum of concentrate.

 

The Company has appointed Intermet Engineering Pty Ltd (Intermet) to act as the overall managing contractor (study manager), with all other activity areas reporting into the Intermet study process. Tri Origin will manage specialist areas, which will also feed into the Intermet final report.

 

Intermet is an experienced mineral project study management group and in the past has managed a number of feasibility studies and plant construction developments similar to Tri Origin’s projects.

 

Tri Origin has appointed Parsons Brinckerhoff as manager for the Part 3A Environmental Planning & Assessment programme.

 

Parsons Brinckerhoff is highly experienced in assisting clients to address community and environmental issues, and provides environmental and other services to some of the world’s largest mining, petrochemical, power and manufacturing companies.

TRO has also announced that it has commenced drilling at its Overflow zinc/copper/gold Project. This project is centred over a belt of felsic volcanic rocks that is known to host high-grade and gold rich base metal sulphide deposits - such as the emerging Hera discovery and the now closed Mineral Hill Mine.

 

The Overflow Project is located approximately 180 kilometres west of Dubbo and is a key exploration tenement of the Company. In the past the property was in joint venture with Triako Resources Ltd (Triako) prior to that company’s take over by CBH Resources Ltd. An exploration priority of Triako was the delineation of additional mill feed for its nearby Mineral Hill Mine prior to the mines closure.

 

TRO will follow up on work conducted by Triako around the Overflow Mine with the objective of scoping the potential of the project at depth, rather than adding incrementally to the existing mineralisation.  Previously reported results from drilling by Triako include  TBB001 : 5 metres @ 7.61 g/t Au, 36 g/t Ag, 0.12% Cu, 2.24% Pb and 5.10% Zn and TBB008 : 10 metres @ 5 g/t Au, 16 g/t Ag, 0.20% Cu, 1.00% Pb and 1.40% Zn. These results and others adjacent to the old mine are encouraging and show the exploration potential of the geological system.

 

The Company’s core focus at Overflow is on greenfield opportunities associated with extensive geochemical anomalism, and related geophysical targets. Relatively shallow drilling conducted by previous explorers in the 1970-80’s period at several of these targets has identified numerous zones of elevated lead, zinc, copper, silver and gold in oxidised ferruginous material such as drill hole BOBP9 drilled by Amoco Minerals in 1982 which returned 10 m @ 0.14% Cu, 0.77% Pb, 0.2% Zn and 7g/t Au from surface. TRO believes these targets have the potential to host significant mineralisation at depth similar to other large deposits in the Cobar Basin. A general characteristic of Cobar type deposits is a small surface footprint, strong vertical continuity and a depleted-leached ferruginous to gossanous zone above primary sulphide mineralisation. TRO plans to test several of these targets to approximately 120 m below surface.

 

 

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

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

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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