Airborne Geophysical Survey Resumes at Tri Origin-Sumac Alliance Gold & Base Metal Properties
Aurora, Ontario / TheNewswire / January 19 2016 - Tri Origin Exploration Ltd. (TSX-V:TOE) ("Tri Origin" or the "Company") is pleased to announce that a VTEM-plus airborne geophysical survey covering a large property holding along the south margin of the Abitibi Greenstone Belt in Ontario has now been recommenced following a deferral due to inclement weather experienced during late 2015. The survey covers staked claims acquired on behalf of a gold and base metal exploration Alliance entered into between Tri Origin and Sumac Mines Ltd. ("Sumac") a subsidiary of Sumitomo Metal Mining Co. Ltd. ("Sumitomo").
The survey was initially commenced during October of 2015 and deferred during mid-November due to a consistent period of bad weather. The survey is being flown by Geotech Ltd of Aurora, Ontario and, prior to the deferral during late 2015 VTEM-plus electromagnetic and magnetic data had been collected over approximately 40% of the initially proposed survey grid of 5,000 line-kilometres. The majority of the survey covers a virtually unexplored area along the southern margin of the Abitibi Greenstone Belt in the Cobalt-Temagami region where prospective, Archean-age volcanic rocks are covered by younger, regionally extensive, Proterozoic-age sedimentary rocks. These cover rocks precluded historic prospecting and limited the effectiveness of earlier geophysical equipment which had minimal depth penetration capability.
Depending on weather, the survey is now expected to be complete by the beginning of February. The Alliance agreement has defined four target areas which are partially covered by the current airborne survey. Upon completion of the survey and compilation of results, Tri Origin and Sumac will select one of the four target areas to be the initial target area for detailed exploration. A 2016 summer/fall program of ground follow-up work will then be planned for the initial target area. Sumac will fund this upcoming phase of exploration. Shareholders will be informed of this program and its commencement upon its approval by Sumac.
Tri Origin is pleased to participate with Sumac in its mineral exploration efforts and values Sumac's contributions to this Alliance. Sumitomo, Sumac's parent company, is a Japanese firm engaged in gold and base metals mining, smelting and refining, manufacturing of semiconductor and advanced materials and other business. For more information about Sumitomo, please visit www.smm.co.jp/E/
For information about Tri Origin, please visit www.triorigin.com or SEDAR www.sedar.com or contact:
Dr. Robert Valliant, President
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.
Copyright (c) 2016 TheNewswire - All rights reserved.