Welcome to our dedicated page for Origen Resources news (Ticker: OGGNF), a resource for investors and traders seeking the latest updates and insights on Origen Resources stock.
Origen Resources Inc. (OGGNF) provides investors with comprehensive updates on mineral exploration activities and strategic developments across its lithium, gold, and copper projects. This dedicated news hub consolidates all official communications, enabling stakeholders to efficiently track progress in key operational regions including British Columbia’s Golden Triangle and Argentina’s lithium-rich basins.
Access real-time updates on exploration results, joint venture agreements, and technical advancements in geophysical surveying methods. The resource center features verified reports on asset monetization strategies, royalty arrangements, and corporate transactions – critical information for assessing the company’s position in competitive mineral markets.
Key content categories include quarterly financial disclosures, property acquisition announcements, and detailed analyses of regional exploration programs. Subscribers receive alerts about strategic partnerships that leverage Origen’s expertise in identifying high-grade mineralization targets through soil sampling and VTEM surveys.
Bookmark this page for direct access to primary source materials from a company actively shaping North America’s critical minerals landscape. Regular visitors gain strategic insights into how Origen Resources balances exploration risk with potential rewards through disciplined asset management.
Origen Resources has successfully completed its exploration program at the 26,962-hectare Los Sapitos Lithium Project in San Juan Province, Argentina. The company identified new clay and brine targets extending over 3 km from previously known areas, significantly expanding the priority exploration zone.
The mapping and sampling program, focused within a 5 km radius of the Los Sapitos salar, revealed new evaporitic and hot-spring carbonate beds, indicating greater basin complexity. The company collected 56 clay, 4 brine, and 6 carbonate rock samples, which were sent to the University of San Juan for analysis.
For 2025, Origen plans a geophysical program at Los Sapitos and will explore its Wishbone gold project in BC's Golden Triangle. The company announced it will not proceed with the previously announced Integra Capital Business SA transaction after 15 months of unsuccessful negotiations.
Origen Resources (CSE: ORGN) has initiated fieldwork at its wholly-owned Los Sapitos Lithium Project in San Juan Province, Argentina. The project encompasses 26,962 hectares and aims to identify drilling locations beneath the main Los Sapitos Salar, where production-grade lithium was previously discovered in 2021.
A key finding from a 2023 Vertical Electrical Sounding survey revealed a conductive layer extending up to 482 metres below the surface. The first phase of exploration will involve collecting brine, clay, and claystone samples to determine the surface extent of the lithium-rich salar and validate potential future drill sites.
Origen Resources has announced significant results from its Wishbone Project sampling program. A high-grade gold sample of 165 g/t was discovered along the eastern edge of the Central Glacier. The soil sampling program extended the gold anomaly south of the Windy showing by 200 meters. Of 37 samples collected, 11 returned over 1 ppm gold and 26 over 0.1 ppm gold. A notable boulder sample contained 14.6% Copper. The project, covering 3,941 hectares in BC's Golden Triangle, features 11 target areas and is adjacent to the Galore Creek project. A broad gold anomaly now extends over 1.5 kilometers, with samples returning up to 1.18 ppm gold.
Origen Resources has signed a letter agreement with Equity Metals regarding the Arlington Property in British Columbia's Boundary District. Under the agreement, Equity can acquire 100% interest by making cash payments of $130,000, incurring exploration expenditures of $250,000, and issuing shares valued at $400,000 total within the first anniversary of Regulatory Approval. Origen will retain a 2% net smelter royalty, of which Equity may purchase 1% for $1,000,000. The previous option agreement with Nickelex Resource has been terminated.
Origen Resources (CSE: ORGN) provides a correction regarding the control person vote at today's Annual General and Special Meeting. The company hasn't received a signed subscription agreement from Integra Capital Business, pending additional requests related to the Los Sapitos Lithium Project in Argentina. The control person vote will be submitted as an advisory vote. Current proxy votes show 100% approval for all resolutions. Additionally, Lawrence Cheung will replace Natasha Tsai as CFO effective October 25, 2024. Cheung, a Controller at Malaspina Consultants, brings experience from PwC and holds CPA designation.
Origen Resources provides an update regarding the upcoming AGSM vote for change of control approval scheduled for October 25, 2024. The company has not yet received a signed subscription form but expects it in the coming days, with today's vote being considered advisory. Lawrence Cheung will be appointed as the new CFO, replacing Natasha Tsai effective October 25, 2024. Cheung, a Controller at Malaspina Consultants Inc., brings experience from PwC and holds a Bachelor of Commerce from UBC along with CPA designation.
Origen Resources Inc. (CSE: ORGN) has announced ongoing discussions with a strategic investor for a significant investment that could result in a change of control. The proposed investment terms, agreed upon by September 27, 2024, involve $3,000,000 at $0.06 per share in two tranches. Origen included a 'control person vote' resolution in its October 25, 2024 annual general meeting circular, anticipating the subscription agreement's signing. However, the agreement remains unsigned due to delays from the investor.
The company completed mailing shareholder meeting materials on October 4, 2024, and has posted them on SEDAR+. Shareholders are advised to monitor Origen's news releases for updates on this strategic investment before voting. The company emphasizes that there are no assurances the subscription agreement will be signed on the agreed terms or at all.
Origen Resources Inc. (CSE: ORGN) has initiated exploration on its 100% owned Wishbone Property in British Columbia's Golden Triangle. The property, adjacent to Teck and Newmont's Galore Creek project, boasts high-grade gold and silver potential. Key highlights include:
- Gold in soil samples up to 8.5 ppm
- Rock grab samples exceeding 100 ppm gold
- 9 km strike of gold and silver-rich surface samples
The 2024 work program will focus on soil sampling along the 'Windy Target' and prospecting newly exposed areas around the 'Central Glacier'. Previous drilling in 1987 intersected gold in veins, with one interval returning 7.7 metres of 3.2 ppm gold. Recent samples from glacier-edge boulders yielded 203 ppm and 175.5 ppm gold, with the source yet to be identified.
Origen Resources has completed the sale of its LGM Project, located in the Golden Triangle of northern British Columbia, to Kingfisher Metals Corp. This transaction was previously announced on June 6, 2024. Kingfisher has transferred 3,000,000 common shares to Origen and made a cash payment of C$75,000. The LGM Project is adjacent to Kingfisher's HWY 37 project, enhancing a combined land package to 630 km² in a mineral-rich region. The sale marks a strategic milestone for Origen, positioning it as a significant equity partner in a major exploration area, thus enhancing shareholder value.
Origen Resources has entered a definitive agreement to sell a 100% interest in its LGM project to Kingfisher Metals. The sale will combine the LGM project with Kingfisher’s adjacent HWY 37 project, creating a dominant 630 km2 land package in the highly mineralized Golden Triangle region of British Columbia. As part of the agreement, Kingfisher will issue 3 million common shares and pay $75,000 to Origen. The transaction is subject to regulatory approvals and terms outlined in the agreement. Origen positions itself as a significant equity partner in this new venture, potentially benefiting from Kingfisher's exploration activities.