Origen completes Broken Handle, Bonanza lidar, sampling

Executive Summary

• Origen Resources Inc. released results from lidar and rock sampling programs on its Broken Handle and Bonanza Mountain projects in Southern British Columbia, identifying significant new historical workings and mineralized showings.
• At Broken Handle, lidar revealed 32 previously unknown historical workings, with follow-up groundwork confirming high-grade silver, copper, and gold showings, prompting a new staking application to expand the project by 356 hectares.
• At Bonanza Mountain, lidar identified 11 new potential historical workings, and backpack drilling at the Main Shaft returned notable intercepts of copper, zinc, tungsten, and silver, with tungsten grades noted for the first time on the property.
• The company also finalized the sale of its Arlington project to Equity Metals Corp. for $50,000 and two million shares, subject to a 1% net smelter royalty.

Key Details

• Broken Handle Project:
  • Lidar coverage revealed at least 32 potential historical workings previously unknown to the company.
  • Follow-up groundwork confirmed new mineralized showings returning up to 92 g/t Ag, 0.59% Cu, and 0.377 g/t Au.
  • Field observations led to a new staking application to increase the project by 356 hectares to cover rediscovered historical mining activity.
  • Assays from the 2025 field campaign highlighted the Tripoli adit and blast pits, returning up to 0.59% Cu and 15 g/t Ag.
  • The Silver Queen vein was extended at least 80 meters west; a grab sample from quartz vein material assayed 92 g/t Ag and 0.377 g/t Au.
  • Total of 17 rock samples submitted: Cu values ranged from 64 to 5,878 ppm, Ag from 0.2 to 92.14 ppm, and Au from 0.04 to 0.377 ppm.
  • A large timber-framed adit with steel rail was discovered just off the claims in an area with no known mineralization; a new claim totaling 356.52 hectares has been submitted for approval.
  • Plans for 2026 include an aggressive field program, multiyear notice of work permit application, UAV aerial work, underground mapping, and extended geochemical grids.
• Bonanza Mountain Project:
  • Lidar coverage revealed at least 11 potential historical workings previously unknown to the company.
  • Two shallow backpack drill holes were completed at the Main Shaft skarn:
    • Hole 1: 0.9 m at 0.52% Cu, 2.81% Zn, 0.022% W, and 10.8 g/t Ag.
    • Hole 2: 0.65 m at 0.59% Cu, 2.77% Zn, and 6.4 g/t Ag.
  • Tungsten grades were noted within the Main Shaft skarn for the first time on the property.
  • Nine total samples submitted for assay with results ranging from 33 to 15,580 ppm Cu, 0.2 to 23.3 g/t Ag, 3 to 28,100 ppm Zn, and 0.07 to 222 ppm W.
  • Grab samples from the Main Shaft edge returned 1.56% Cu, 0.13% Zn, and 8.2 g/t Ag (Sample C0153123) and 0.62% Cu, 0.66% Zn, and 23.3 g/t Ag (Sample C0153124).
  • A new showing on the south slope (Sample C0153127) assayed 0.28% Cu and 10.3 g/t Ag.
  • Follow-up activities for 2026 include UAV aerial work and ground-truthing of lidar prospects to bring the project to drill-ready status.
• Arlington Project Update:
  • Origen received the final option payment from Equity Metals Corp. to complete the 100% sale of the project.
  • Consideration: $50,000 cash plus two million shares.
  • Terms: Subject to a 1% net smelter royalty on the project held by Origen.

Notable Quotes

• "The shear number of new lidar generated targets across these two projects is quite impressive and is a testament to the mineral potential that the historic miners exploited. Some of the workings are quite expansive and would represent years of work to put in place. We hope by applying modern-day exploration methodology to the area, we can discover a new critical/precious metal camp that would rival the nearby historic Franklin camp," stated Gary Schellenberg, chief executive officer and director.