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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (6578)2/11/2002 9:40:36 PM
From: Rocket Red  Respond to of 11802
 
Tri Origin Exploration Ltd - News Release
Tri Origin's Confederation drilling program to resume
Tri Origin Exploration Ltd TOE
Shares issued 16,034,960 Feb 8 2002 close $.000
Monday Feb 11 2002 News Release

Ms. Catherine Hill of Tri Origin reports
TRI ORIGIN EXPLORATION LTD. -- DRILLING TO RECOMMENCE AT CONF ...
Tri Origin Exploration has been informed by joint venture partner Goldcorp that diamond drilling is to commence shortly at Tri Origin's 100-per-cent owned Confederation property located at Red Lake, Ont. The property comprises 218 claim units (approximately 8,720 acres) 35 kilometres southeast of Goldcorp's Red Lake mine. During the fall of 2001, Goldcorp entered into an option agreement to earn 70-per-cent interest in the property and completed an initial $150,000 program including a single drill hole prior to the end of the year. Rock units similar to those with potential to host lode gold deposits were encountered in the hole. Zones of favourable alteration and stringer pyrite were also intersected by this drill hole although no significant assays were reported from core sampling.
Goldcorp has recently staked additional claims surrounding the Confederation property, which the company interprets as a further indication of its commitment to the area. Diamond drilling, financed by Goldcorp, is scheduled to recommence at the Confederation property in February. The program will consist of at least three drill holes totalling up to 1,500 metres to test targets currently outlined by geochemical and geophysical survey results. It is anticipated that additional geochemical and geophysical surveying to define drill targets at other priority areas will follow in the spring.
Shareholders will be informed of drilling progress and results as reports are received from Goldcorp.

(c) Copyright 2002 Canjex Publishing Ltd. canada-stockwatch.com

PS Keep your eyes on this one I hear the Big Promotion is coming soon