DISCOVERY DRIVEN VALUE CREATION - CSE: ORGN FSE: 4VX - Origen Resources
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
DISCOVERY
DRIVEN VALUE
CREATION
CSE: ORGN FSE: 4VX www.origenresources.com PAGE 1
FORWARD LOOKING STATEMENT
British Columbia Targets Redefined
Investors are cautioned that, except for statements of historical fact certain information contained in this document includes “forward-looking information”, with
respect to performance expectation for Origen. Such forward-looking statements or information, including but not limited to those with respect to its
exploration projects, including the acquisition, prices, metallurgical results and resource estimates, involve known and unknown risks, uncertainties, and other
factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements or information.
Forward-looking statements include without limitation, statements regarding the company’s plans, goal or objectives and future exploration results,
development programs, capital and operating costs, potential mineralization, resources and reserves, and future plans of Origen Resources Inc.. Forward
looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”,
“believe”, or “ continue” or the negative thereof or variations thereon or similar terminology. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause results to
differ materially from expectations include risks associated with mineral exploration generally and pre-development stage projects in particular.
Regulatory bodies have not reviewed and do not accept responsibility for the adequacy or accuracy of this presentation. Readers should verify any & all claims
and do their due diligence before investing in any securities mentioned. Investing in securities is speculative and carries a high degree of risk.
This presentation contains statistical and technical data that were obtained from government or other industry publications or publicly filed documents
prepared by other reporting issuers. Such reports generally indicate that they have obtained their information from sources believed to be reliable, but do not
guarantee the accuracy and completeness of their information. While Origen believes the data extracted, or derived from the aforementioned sources to be
reliable, market and industry data is subject to variations and cannot be verified due to limits on the availability and reliability of underlying data inputs, the
nature of the data collection process and certain limitations and uncertainties inherent in any market as well as the inexact nature of geologic sciences.
The scientific and technical disclosure in this presentation has been supervised and approved by J. Harrop, P. Geo., a Qualified Person as defined under NI 43-
101.
CSE: ORGN FSE: 4VX www.origenresources.com PAGE 2
COMPANY SNAPSHOT
British Columbia Targets Redefined
DIVERSIFIED EXPLORER Exploration Assets
Large portfolio of quality The Company’s assets are
precious and base metal projects. located Newfoundland and in
the Golden Triangle and
southern portion of British
Columbia.
GOLDEN TRIANGLE PROJECT GENERATOR ONLY 30 MILLION SHARES
The Company has acquired a Engaged in on-going project Attractive share structure with
dominant land package in the generation and actively only 30 million shares
renowned Golden Triangle of BC partnering with other explorers Outstanding (35 million fully
to advance non-core assets. diluted).
CSE: ORGN FSE: 4VX www.origenresources.com PAGE 3
SHARE STRUCTURE AND MANAGEMENT
British Columbia Targets Redefined
Gary Schellenberg
CEO and Director
Share Structure (as of March 1, 2021)
Blake Morgan
Shares Outstanding: 32,248,656
President and Director
Options:
$0.15 Exercise Price 1,800,000 Michael Collins, P.Geo.
Director
$0.23 Exercise Price 1,400,000
Warrants:
Mike Sieb
$0.20 Expiring Dec. 1, 2021 1,915,583 Director
$0.20 Expiring Jan. 12, 2022 1,103,333
$0.22 Expiring March 31, 2022 1,113,867 Jim Mustard, P.Eng.
Director
Fully Diluted 39,581,439
Geoff Schellenberg
Director
CSE: ORGN FSE: 4VX www.origenresources.com PAGE 4
PROJECTS
British Columbia Targets Redefined
Newfoundland
Middle Ridge: Option to earn a 100% interest in 7,875 hectares (ha) in the prolific Exploits
subzone gold belt in Newfoundland, home to New Found Gold Corp.'s Keats Zone gold
discovery at the Queensway project.
Golden Triangle
LGM: 100% interest in 26,771 ha bordering Evergold Corp.’s Snoball project1.
Wishbone: Option to earn a 100% interest in 3,971 ha bordering Teck/Newmont’s Galore
Creek1 development project.
Southern BC
Arlington: 100% interest in 649 ha historically mined high-grade precious and base metal
project located 17 km north of Beaverdell.
Broken Handle: 100% interest in 2,098 ha historically mined high-grade precious and base
metal project located 50 km north of Grand Forks. Currently optioned to Hawthorn Resources.
Bonanza Mountain: 100% interest in 1,604 ha historically mined high-grade precious and
base metal project located 20 km north of Grand Forks. Currently optioned to Tearlach
Resources.
Silver Dollar: 100% interest in 3,345 ha previously mined high-grade precious and base metal
project located 45 km southeast of Revelstoke.
CSE: ORGN FSE: 4VX www.origenresources.com PAGE 5
LGM PROJECT
British Columbia Targets Redefined
• 42 contiguous tenures totaling 26,771 ha.
• Excellent access with the Galore Creek Access Road to the south,
and is in close proximity to Hwy 371.
• Mineral development, hydro and forestry work continue to reduce
exploration costs with in the Golden Triangle.
• Sporadic exploration work has occurred since the 1970’s on the
Property resulting in the discovery of many prospective targets that
show mineralogical and geological similarity to important nearby
deposits and discoveries.
• B.C. Geological Survey’s “Red Line,” interpreted to be spatially
significant to most major gold and copper deposits in the Golden
Triangle transects the LGM property.
CSE: ORGN FSE: 4VX www.origenresources.com PAGE 6
LGM PROPERTY – LUCIFER, NULU AND LULU TARGETS
British Columbia Targets Redefined
• Two prominent new anomalies discovered, the Hidden Zone
and Long Ridge prospects, northeast of Lucifer.
• The Hidden Zone Anomaly is a broad gold and silver
anomaly in talus fines believed to be close to source and
open to the northeast and to the southwest.
• The Long Ridge prospect is defined by a 600 metre long
copper-molybdenum-rhenium anomaly in talus fines.
• The district-scale Lulu Porphyry Target Area stretches over 4
km to the northeast from Lucifer, encompasses multiple
high-priority prospects, and may be indicative of a more
substantial and extensive mineralizing system than previously
thought.
• The pronounced rhenium signature is especially significant
due to its inherent potential value and as a diagnostic
geochemical fingerprint of major copper-molybdenum-gold
porphyry systems.
CSE: ORGN FSE: 4VX www.origenresources.com PAGE 7
LGM PROPERTY – GRIZZLY ZONE
British Columbia Targets Redefined
• Exploration has sporadically occurred on the Grizzly and Mirko
targets since the 1970’s with the most recent completed by Rimfire
Minerals and Inmet Mining in 2008.
• The Grizzly prospect is a Cu-Au porphyry target defined by a 1200
m x 500 m Cu-Au soil anomaly.
• The Mirko’s Knob prospect is a 800 m x 1,000 m Cu-Mo-Au soil
anomaly that has never been drilled.
• The first ever drilling at the Grizzly and Mirko prospect took place in
2008 and returned anomalous results.
• Initial data review and interpretation by Origen’s
technical team suggests that the source of the Grizzly
soil anomaly may lie further upslope from the area of
2008 drilling and further to the north in the case of the
Mirko prospect.
CSE: ORGN FSE: 4VX www.origenresources.com PAGE 8
WISHBONE PROPERTY
British Columbia Targets Redefined
Key Highlights
• Option to acquire 100% interest in 10 mineral tenures
covering 3,971 ha.
• Contiguous to Teck/Newmont’s Galore Creek copper
gold mineral development project which is one of
the world’s largest undeveloped copper-gold-silver
deposits.1
• Contains a series of gold and silver quartz-carbonate
veins and breccias over the 12 km length of the
claims.
• All the known veins remain open along trend.
• Glacial retreat is exposing more area around high
priority targets.
(1) Referenced nearby historic resources, deposits and mines provide
geologic context for the Project, but are not necessarily indicative that the
Project hosts similar potential, size or grades of mineralization.
CSE: ORGN FSE: 4VX www.origenresources.com PAGE 9
WISHBONE PROPERTY
British Columbia Targets Redefined
Windy Target Zone
• Primary target of Teck’s exploration efforts from
1981 to 1988;
• A total of 45 trenches, totaling 398 linear meters,
were excavated to bedrock by Teck and 344 rock
chip samples collected and assayed for gold and
silver;
• Nine drill holes tested the central area of the
exposed veins with all the holes reporting notable
intersections of gold mineralization;
• The Main Vein trending east-west and dipping
steeply to the north was traced for 500m in length
with a width of 6.7 meters at its widest exposure;
• Main Vein was traced for 500 metres in strike
length is open to the east where overburden
precluded exposure by hand trenching;
• A chip sample from the eastern end of the Main
Vein returned 7.8 g/t Au over 3.3m, including 19.1
g/t Au over 1.6m;
CSE: ORGN FSE: 4VX www.origenresources.com PAGE 10WISHBONE PROPERTY
British Columbia Targets Redefined
Rat Target Zone
• Covers an area of 800m x 1000m and is open in all directions
• The Rat Boulder Train, exhibiting high grade gold in float, continues to grow in size and
grade, including the discovery of a grab sample2 that returned 175.7 g/t Au.
• A grab sample2 of mineralized breccia from the southern edge of the Rat prospect that
assayed 36.3 g/t Au opens the door to a new priority target area. This unit and the
alteration style are known to have 100s of metres of areal extent to the southwest of this
encouraging sample
• Two talus fines samples returned 7.5 and 7.2 g/t Au only 50m from 1.23 g/t in outcrop
indicates close proximity to bedrock source.
• Assays from the 2020 Phase 2 fall work program are pending.
• High priority target for the 2021 exploration season
2 Soil geochemical and rock grab samples are solely designed to show the presence or absence of mineralization. Soil geochemical and
rock grab samples are by definition selective and not intended to provide nor should be construed as a representative indication of grade
or mineralization at the Project; and both the soil geochemical and rock grab samples reported from the Project reflect a broad range in
grade from below detection limit to the grades highlighted herein.
CSE: ORGN FSE: 4VX www.origenresources.com PAGE 11Middle Ridge Pond Gold PROPERTY
NewFoundLand Targets Redefined
•Large land package in the heart of Canada's
newest prolific gold camp.
•Geology is within the regional Exploits Subzone
which is host to New Found Gold's Keats Zone gold
discovery on the Queensway Project.
•Originally explored in the early 1970's for base
metals with little focus on gold.
•Several Gold anomalous lake sediment samples
•Gold anomalies remain untested.
•Historic drilling encountered sulphide rich quartz
veins that were never assayed.
•Airborne geophysical survey currently underway.
(1) Referenced nearby historic resources, deposits and mines provide
geologic context for the Project, but are not necessarily indicative that the
Project hosts similar potential, size or grades of mineralization.
CSE: ORGN FSE: 4VX www.origenresources.com PAGE 12Strategic investments.
British Columbia Targets Redefined
•Origen Resources currently hold 3,666,667 common shares of Exploits Discovery Corp. (CSE: NFLD)
•Exploits Discovery Corp. holds a strategic land position, with its core mineral land holdings
predating the 2019 New Found Gold Corp discovery. The two projects are known as the Mt. Peyton
and Jonathan's Pond gold projects. The Mt. Peyton and Jonathan’s Pond properties are located two
and twenty-five kilometers west and northeast respectively of New Found Gold's Queensway
Discovery. Both projects are easily accessible via the Trans Canada Highway and together consist of
939 mineral claims encompassing a land area totaling 234.75 km² in the Exploits Subzone Camp.
•Other marketable securities held by Origen include 210,000 shares of West Mining Corp. (CSE:
WEST), and 100,000 shares of Tearlach Resources Ltd. (TSX.V: TEA).
CSE: ORGN FSE: 4VX www.origenresources.com PAGE 13SOUTHERN BC PROJECTS
British Columbia Targets Redefined
ARLINGTON BROKEN HANDLE BONANZA MOUNTAIN SILVER DOLLAR
• Hosts numerous structurally • Currently optioned to Hawthorn • Currently optioned to Tearlach • Covers 10km of 40km long
controlled polymetallic Ag-Cu-Pb-Zn Resources Corp. whereby Hawthorn Resources Ltd. whereby Tearlach can Camborne fault System that is host
+/- Au veins. can acquire a 75% interest in the acquire a 75% interest in the to over 85 mineral deposits and
• Recent work includes a robust Property. Property. showings.
property-wide geochemical, • High-grade gold-silver project • 2019 field program highlights: • Several style of mineralization are
mapping, prospecting and mag-vlf encompassing the historic Morrell • Copper-zinc-lead-silver skarn present from gold-bearing iron
survey. Camp2. mineralization, with one grab sulphides in the north to silver-rich
• Results indicate the polymetallic • 3 km north of the Franklin Camp2 sample grading 2.44 % Cu, 4.41 galena and sphalerite in the south.
mineral occurrences have the that produced greater than 1.39M oz. % Zn, 0.47 % Pb and 53 g/t Ag;
potential for subsurface continuity Ag and 55,500 oz. Au over a 76 year • Silver-lead-zinc fault breccia
between the showings. period (Union Minfile 082ENE003 mineralization, with one grab
Production Detail Report). sample grading 266 g/t Ag,
3.14 % Pb and 5.31 % Zn;
• Gold-silver epithermal quartz-
vein-hosted mineralization, with
one grab sample grading 19.7
g/t Au and 28 g/t Ag
(2) Camp refers to a colony of miners settled in
CSE: ORGN FSE: 4VX w wofwmines
proximity to a mine, or series
workings
. o rori g e n resources.com PAGE 14C O N TA C T
Gary Schellenberg, CEO Blake Morgan, President
604 – 681 – 0221 236 – 878 – 4938
gary@origenresources.com blake@origenresources.com
www.origenresources.com
CSE:ORGN
FSE: 4VX
CSE: ORGN FSE: 4VX www.origenresources.com PAGE 15You can also read
