Origen Extends Lithium Target Area by 3 Square Kilometers at Los Sapitos
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 ha completato con successo il suo programma di esplorazione presso il progetto di litio Los Sapitos, esteso su 26.962 ettari nella provincia di San Juan, Argentina. L'azienda ha individuato nuovi target di argilla e salamoia che si estendono per oltre 3 km rispetto alle aree precedentemente conosciute, ampliando significativamente la zona di esplorazione prioritaria.
Il programma di mappatura e campionamento, concentrato in un raggio di 5 km dal salar Los Sapitos, ha evidenziato nuovi strati evaporitici e carbonatici da sorgenti termali, indicando una maggiore complessità del bacino. Sono stati raccolti 56 campioni di argilla, 4 di salamoia e 6 di rocce carbonatiche, inviati all'Università di San Juan per l'analisi.
Per il 2025, Origen prevede un programma geofisico a Los Sapitos e l'esplorazione del progetto aurifero Wishbone nel Golden Triangle della British Columbia. L'azienda ha inoltre annunciato che non procederà con la transazione precedentemente annunciata con Integra Capital Business SA, dopo 15 mesi di negoziati infruttuosi.
Origen Resources ha completado con éxito su programa de exploración en el proyecto de litio Los Sapitos, que abarca 26,962 hectáreas en la provincia de San Juan, Argentina. La empresa identificó nuevos objetivos de arcilla y salmuera que se extienden más de 3 km desde las áreas conocidas previamente, ampliando significativamente la zona de exploración prioritaria.
El programa de mapeo y muestreo, enfocado en un radio de 5 km alrededor del salar Los Sapitos, reveló nuevas capas evaporíticas y de carbonatos de fuentes termales, lo que indica una mayor complejidad de la cuenca. La empresa recolectó 56 muestras de arcilla, 4 de salmuera y 6 de rocas carbonatadas, que fueron enviadas a la Universidad de San Juan para su análisis.
Para 2025, Origen planea un programa geofísico en Los Sapitos y explorará su proyecto aurífero Wishbone en el Golden Triangle de Columbia Británica. La empresa anunció que no continuará con la transacción previamente anunciada con Integra Capital Business SA tras 15 meses de negociaciones infructuosas.
Origen Resources는 아르헨티나 산후안 주에 위치한 26,962헥타르 규모의 로스 사피토스 리튬 프로젝트에서 탐사 프로그램을 성공적으로 완료했습니다. 회사는 이전에 알려진 지역에서 3km 이상 확장된 새로운 점토 및 염수 목표지를 확인하여 우선 탐사 구역을 크게 확장했습니다.
로스 사피토스 사라 주변 5km 반경 내에서 진행된 지도 작성 및 시료 채취 프로그램은 새로운 증발암 및 온천 탄산염 지층을 밝혀내어 분지의 복잡성이 더 크다는 것을 시사했습니다. 회사는 56개의 점토, 4개의 염수, 6개의 탄산염 암석 시료를 수집하여 산후안 대학교에 분석을 의뢰했습니다.
2025년에는 Origen이 로스 사피토스에서 지구물리학 프로그램을 계획하고 브리티시컬럼비아 골든 트라이앵글의 위시본 금 프로젝트를 탐사할 예정입니다. 또한 회사는 15개월간의 협상 실패 후 이전에 발표한 Integra Capital Business SA 거래를 진행하지 않기로 발표했습니다.
Origen Resources a mené à bien son programme d'exploration sur le projet lithium Los Sapitos, couvrant 26 962 hectares dans la province de San Juan, en Argentine. La société a identifié de nouvelles cibles d'argile et de saumure s'étendant sur plus de 3 km à partir des zones déjà connues, élargissant ainsi de manière significative la zone d'exploration prioritaire.
Le programme de cartographie et d'échantillonnage, concentré dans un rayon de 5 km autour du salar de Los Sapitos, a révélé de nouveaux lits évaporitiques et carbonatés issus de sources chaudes, indiquant une complexité accrue du bassin. La société a collecté 56 échantillons d'argile, 4 de saumure et 6 de roches carbonatées, qui ont été envoyés à l'Université de San Juan pour analyse.
Pour 2025, Origen prévoit un programme géophysique à Los Sapitos et explorera son projet aurifère Wishbone dans le Golden Triangle de la Colombie-Britannique. La société a annoncé qu'elle ne poursuivrait pas la transaction précédemment annoncée avec Integra Capital Business SA après 15 mois de négociations infructueuses.
Origen Resources hat sein Explorationsprogramm beim 26.962 Hektar großen Los Sapitos Lithium-Projekt in der Provinz San Juan, Argentinien, erfolgreich abgeschlossen. Das Unternehmen identifizierte neue Ton- und Soleziele, die sich über 3 km von den bisher bekannten Gebieten erstrecken, und erweiterte damit die prioritäre Explorationszone erheblich.
Das Kartierungs- und Probenahmeprogramm, das sich auf einen Umkreis von 5 km um das Los Sapitos-Salar konzentrierte, zeigte neue evaporitische und heiße-Quellen-Karbonat-Schichten, was auf eine höhere Komplexität des Beckens hinweist. Das Unternehmen sammelte 56 Ton-, 4 Sole- und 6 Karbonatgesteinsproben, die zur Analyse an die Universität San Juan geschickt wurden.
Für 2025 plant Origen ein geophysikalisches Programm bei Los Sapitos und wird sein Goldprojekt Wishbone im Golden Triangle von British Columbia erkunden. Das Unternehmen gab außerdem bekannt, dass es die zuvor angekündigte Transaktion mit Integra Capital Business SA nach 15 Monaten erfolgloser Verhandlungen nicht weiterverfolgen wird.
- Extended lithium exploration target area by 3 square kilometers
- Identified multiple new clay and brine targets
- Successfully completed ground truthing for future drill locations
- Collected 66 samples for analysis
- Failed Integra Capital Business SA transaction after 15 months of negotiations
- Future programs require additional funding through asset divestitures and private placement
Vancouver, British Columbia--(Newsfile Corp. - April 23, 2025) - Origen Resources Inc. (CSE: ORGN) (FSE: 4VXA) (the "Company") is pleased to provide an update on the successful completion of the exploration program on its
The program was successful in identifying several new clay and brine targets within the same tectonic corridor that the Los Sapitos salar is situated. These new targets are over 3 km from the previously known Los Sapitos targets and significantly extends our priority exploration target area.
Mapping and sampling were focused within a 5 km radius of the Los Sapitos salar. Newly identified beds of evaporitic or hot-spring associated carbonate indicates that there is greater scale and complexity to the basin surrounding Los Sapitos than was previously recognized. The similarity of the rocks at these new targets to the carbonate cap seen above the more concentrated brines at Los Saptios suggests multiple cycles of evaporite deposits over the basins history. These are interpreted by the Company as positive prospective features.
A total of 56 clay, four brines and six carbonate rock samples were collected during the program. All samples have been shipped to the University of San Juan's (Institute of Mining Research department) laboratory for further analysis. Crews were also successful in ground truthing proposed drill locations on the Los Sapitos salar in preparation for a future drill program.
Exploration Plans for 2025
Origen is planning to follow up on its successful exploration program at Los Sapitos with a geophysical program over the newly identified areas of interest. This program will help delineate the basin configuration and guide future drilling.
With gold hitting historic highs, the Company will also be exploring its high-grade gold Wishbone project located adjacent to the Galore Creek project in British Columbia's Golden Triangle region.
Budgets and details of these programs are in the planning stage and will be funded through further noncore divestitures of assets and a future private placement.
Integra Capital Transaction Update
Origen will not be proceeding with the transaction with Integra Capital Business SA as previously announced on October 7, 2024. Unfortunately, after 15 months of talks, final transaction terms have not been agreed to between the two companies and the underlying property vendor of Los Sapitos. The parties continue to have exploratory discussions on how to mutually benefit from the development of our Argentinian assets.
About Origen
Origen is fully focused on its
Thomas Hawkins, P.Geo., a Qualified Person as that term is defined in NI 43-101 has prepared, supervised the preparation or approved the scientific and technical disclosure in the news release.
On behalf of Origen,
Gary Schellenberg
CEO and Director
For further information, please contact ir@origenresources.com.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/249476
FAQ
What new discoveries did Origen Resources make at the Los Sapitos Lithium Project?
How many samples were collected during Origen's Los Sapitos exploration program?
What are Origen Resources' exploration plans for 2025?
Why did the Integra Capital transaction fail for Origen Resources?
