FSC / Press Release
Additional Land Acquired at RLX Project, Red Lake, Ontario
Aurora, Ontario CANADA, November 28, 2012 /FSC/ - Tri Origin Exploration Ltd.
(TOE - TSX Venture), ("Tri Origin" or "the Company") is pleased to announce that
it has acquired by staking, the mineral rights to 8 new claims covering a total
area of approximately 20.5 square kilometres contiguous to its Red Lake
Extension property ("RLX") at Red Lake, Ontario. The property was staked
following evaluation of results from the Company's summer program at RLX and the
identification of prospective terrain comprising an extension to the gold-rich
Red Lake greenstone belt which has not been previously explored for gold. This
brings the Company's total land position at RLX to 141 square kilometres. A
program will be designed to commence evaluation of this new area upon completion
of the current drilling program.
RLX Drilling Update
The diamond drilling program recently commenced at the Company's RLX property at
Red Lake is progressing well and remains on schedule for completion in December.
Details of this 6-hole program which is being funded by Osisko Mining
Corporation ("Osisko") were released November 8, 2012.
RLX is subject to a 4 year, earn-in option agreement with Osisko which may earn
a 51% interest in RLX by fully funding a total of $5 million of exploration over
a four year period. The drill program comprises the final portion of the
$600,000 first year exploration expenditure commitment agreed to by Osisko. Tri
Origin is managing the program under the guidance of a management committee
comprised of representatives from both companies.
RLX is a gold exploration project covering an area of 141 square kilometres
located at the southeast part of the Red Lake Gold Mining District contiguous
with Goldcorp Inc.'s Red Lake Mine property. The highly prolific Red Lake
District hosts major operating and past-producing gold mines and has produced
over 20 million ounces of gold.
For further information, please refer to the Company's website www.triorigin.com
or SEDAR www.sedar.com or contact:
Dr. Robert Valliant, President
Tri Origin Exploration Ltd.
Tel: (905) 727-1779
Tri Origin Exploration Ltd. is a leading Canadian exploration company with gold
and base metal projects in Canada. It 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 equity interest in TriAusMin
Limited which holds gold and base metal resource-based assets in New South
To view this press release as a webpage, please click on the following link:
Source: Tri Origin Exploration Ltd (TSX-V: TOE) http://www.triorigin.com
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-0- Nov/28/2012 16:34 GMT
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