Original News Release
Origen completes Broken Handle exploration program
Mr. Gary Schellenberg reports
ORIGEN COMPLETES EXPLORATION PROGRAM ON ITS BROKEN HANDLE HIGH-GRADE GOLD-SILVER PROJECT, SOUTHERN B.C.
Origen Resources Inc. has completed an exploration program on its road-accessible, 2,098-hectare Broken Handle high-grade gold-silver and base metal project, located 50 kilometres (km) north of Grand Forks, B.C.
Key highlights of field program:
Property-wide lidar (light detection and ranging) survey completed that outlined greater than 50 areas of potential historical mining workings that ground crews followed up on;
Ground truthing of the lidar-generated targets resulted in the discovery of 38 previously unknown historical adits, shafts, trenches and blast pits;
18 rock grab* samples were collected from outcrop and waste piles at the newly discovered historical workings over the course of the short field program;
Mineralization in the rock grab samples ranged from trace to massive sulphides, including pyrite, chalcopyrite, galena and sphalerite.
Property highlights:
Broken Handle is located three km to the south of the prolific Franklin gold mining camp (1), which was a centre of activity in the early 1900s and spanned a period of 76 year.
Recent exploration work rediscovered several historically prominent mineral occurrences, including showings that have not seen exploration work since the 1920s.
Highlighted grab samples* from prior work include 23 grams per tonne (g/t) gold (Au) with 973 g/t silver (Ag) from the Zap showing, 7.17 g/t Au from the Alco showing, 0.53 g/t Au, 363 g/t Ag and 0.616 per cent Cu from the Morrell camp, and 0.5 g/t Au, 315 g/t Ag and 1.58 per cent Cu from the CPR showing.
* Grab samples are by definition selective. Grab samples are solely designed to show the presence or absence of mineralization, and are not intended to provide nor should be construed as a representative indication of grade or mineralization at the project. Refer below for a fuller disclosure on the 2019 and 2022 grab sampling program and results.
(1) Camp refers to a colony of miners settled in proximity to a mine, or series of mines or workings.
Exploration crews focused their attention on areas identified as potential historical workings from a recently completed lidar survey. In total, more than 50 areas of interest were identified as potential previously unknown historical workings, and field crews confirmed that the majority of these features were blast pits, trenches, shafts and adits. One adit of note that was discovered on the northern portion of the property was extensive and had timber supports and rails for ore carts, indicating that a significant amount of work was put into this particular previously unknown working. There is no documentation available regarding this adit and it is one of the most significant discoveries made to date on the property. Numerous samples were collected from waste piles and outcrop near these previously unknown workings, and included trace to massive sulphides that include pyrite, chalcopyrite, galena and sphalerite.
The road-accessible Broken Handle project covers prospective geology, as well as historical and new mineral showings similar in nature to those found at the prolific Franklin Camp (1), located three km north. Over a 76-year period, the Franklin camp produced greater than 1,392,000 ounces (oz) silver (Ag) and 55,500 oz gold (Au) (2). Two distinct styles of mineralization are evident at the project; polymetallic epithermal veins (Ag-Pb-Zn-Cu-plus-or-minus-Au (silver-lead-zinc-copper-plus-or-minus-gold)), potentially related to the regional Granby fault and Cu-Pb-Zn-Ag-Au skarns associated with limestone and marble lenses in contact with intrusive rocks.
(2) Referenced nearby historical 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.
Exploration work to date has resulted in the discovery of several new showings and the rediscovery of old mineral workings. The most significant achievement was discovering the Morrell camp, a series of mineralized historical workings that have not seen exploration work since the late 1920s. A 2019 rock grab sample* from the mineralized waste pile of one shaft in the Morrell camp assayed 0.53 g/t Au, 363 g/t Ag and 0.616 per cent Cu. Another rediscovered historical shaft (the CPR), 750 metres (m) northeast from the previous sample, assayed 0.50 g/t Au, 315 g/t Ag and 1.58 per cent Cu from a rock grab sample*, and is interpreted to represent a strike extension of the workings in the Morell camp.
All mention of the Morell camp disappeared from written record by 1929. Origen considers the Morell camp to be the priority target on the Broken Handle property as it believes the source of the high-grade gold mineralization referenced in the historical literature has yet to be identified. The new lidar images show a number of anomalies in the Morrell area.
There are also several other mineralized areas of note at the project, including the rediscovered Alco 6 gold showing. Exploration work in 2002 on a claim that included the northeastern portion of the present boundary of the Broken Handle project resulted in this discovery, but it was never added into the provincial mineral database (Minfile). The area was rediscovered in 2019, and two grab samples* collected from outcrop assayed 7.17 g/t Au and 1.06 g/t Au, respectively. An additional mineral occurrence is the Zap, a mineral showing discovered in the 1990s and located in the southeastern portion of the claim, which returned 23 g/t Au with 973 g/t Ag from a grab sample* taken in 2019.
Origen now holds a 100-per-cent interest in the project, with the recent withdrawal by Prince Silver Corp. (formerly Hawthorn Resources) from its option agreement to acquire a 75-per-cent interest. As part of its renewed project generation business plan, Origen will be seeking a new partner to advance this project and to monetize its investment.
About Origen Resources Inc.
Origen is a project generator focused on discovering and advancing high-potential exploration assets through strategic partnerships and value creation. The company holds a portfolio of 100-per-cent-owned projects, including the Los Sapitos lithium project in Argentina, the Wishbone gold-silver project in British Columbia's Golden Triangle, and a suite of precious and base metal projects in Southern British Columbia, highlighted by the Broken Handle high-grade gold-silver project.
Patrick McLaughlin, PGeo, a qualified person as defined by National Instrument 43-101, supervised all technical aspects of the work programs performed by the vendor at the project, has verified the 2019, 2023 and 2025 exploration data disclosed, including sampling, analytical and test data contained in the written disclosure, and has reviewed and approved the contents of this news release.
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