(via Thenewswire.ca)
Aurora, Ontario / TheNewswire / October 24 2016 - Tri Origin Exploration Ltd. (TSX-V: TOE) ("Tri Origin" or the "Company") has commenced a program of geophysical surveying and excavating at its North Abitibi gold property located 150 kilometres north of Kirkland Lake in the Abitibi Greenstone Belt of Ontario.
The program will consist of approximately 20 kilometres of line cutting and "deep-looking" induced polarization surveying ("IP") across the Spade Lake and Road Gold Zones as well as surface excavating and sampling at the Road Gold Zone.
The North Abitibi property 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, along trend and approximately 40 kilometres west of the Casa Berardi gold mine in Quebec now being operated by Hecla Mining Corporation. Previous drilling at North Abitibi in the 1980's and 1990's, conducted in part by the Company, identified a number of significant gold occurrences at North Abitibi including the Spade Lake and Road Gold Zones. During September, 2016 Detour Gold Corp announced the staking of a large claim block surrounding Tri Origin's North Abitibi property indicating a renewed interest in the gold potential of the area.
The Spade Lake Zone has been traced by drilling for over 3 kilometres in strike length. Historic drill core assay results range from thick intervals of anomalous gold to thin intervals of high-grade gold. Significant intervals include; 0.52 grams of gold per tonne ("g/t") over 25 metres, 1.12 g/t over 8 metres and 23.4 g/t over 1.5 metres. The majority of drilling at the Spade Lake Zone is to depths between 100 and 200 metres below surface. The objective of Tri Origin's IP surveying is to investigate targets at 300 to 400 metres below surface along the Spade Lake Zone. It is management's belief that there is good opportunity for improvement of both thickness and grade of the zone at depth.
The Road Gold Zone was discovered in 2 drill holes completed by Newmont Mining Corp in the 1980's and has also been intersected in previous drilling by Tri Origin returning values of up to 17.8 g/t of gold across 1.6 metres at a depth of 212 metres down hole. The Road Zone has been partially traced by this drilling for 300 metres along strike. The Zone consists of a west-striking vein system hosted at the contact of iron-carbonate altered volcanic rock. Grab samples of quartz-carbonate vein material from a surface exposure of approximately 15 metres by 20 metres previously excavated by Tri Origin returned values of up to 43 g/t, 25 g/t and 21 g/t of gold. The length and thickness of this vein system has not been determined due to overburden cover along the edges of the previous excavation.
Additional excavating and stripping of outcrops will be conducted during the current field program in an effort to expose the Road Zone over a much larger area and permit a more thorough job of clearing and sampling of the zone.
The current program of IP surveying and excavating is planned to be completed by the end of November. Shareholders will be informed of results when available.
For further information, please refer to the Company's website www.triorigin.comor 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.
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.
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