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  • Origen Resources (ORGN) has acquired two additional claim blocks covering 4,600 hectares in the Newfoundland Lithium Belt
  • Origen plans to send crews into the region within the next few weeks to begin mapping, prospecting, and geochemical sampling over its new claims
  • The company will apply experience from Ireland and North America in district-scale pegmatite zoning to focus these efforts
  • Origen is an exploration company engaged in generating, acquiring and advancing base, precious metal, and lithium properties
  • Origen Resources Inc. (ORGN) is up 4.84 per cent and is currently trading at $0.325 per share

Origen Resources (ORGN) has acquired two additional claim blocks covering 4,600 hectares in the Newfoundland Lithium Belt.

Origen, which previously operated mineral properties primarily in British Columbia, now holds over 33,000 hectares in this newly identified and highly prospective lithium corridor in Newfoundland.

The new claims contain several characteristics that indicate the presence of lithium-rich pegmatites, including similarities in age, geochemical pathfinders, and accessibility to other lithium pegmatite occurrences.

These geochemical pathfinders reveal a distinct corridor that transects Newfoundland and corresponds to the tectonic suture zone in Ireland that has received significant attention in recent years.

In addition, the age of the associated parent granites observed in Newfoundland coincides with the “sweet spot” occurrence of lithium-rich pegmatites.

Origen President Blake Morgan commented,

“As the world advances towards clean energy alternatives, we are thrilled to be the first to step into this newly discovered lithium region.

“With the advantage of acquiring what we feel is the most promising ground in the region, coupled with Coast Mountain Group, a world-class leading technical team, and Ganfeng Lithium as a shareholder, we are poised for a very exciting year,” he added.

Origen plans to send crews into the region within the next few weeks to begin mapping, prospecting, and geochemical sampling over its new claims.

The company will apply experience from Ireland and North America in district-scale pegmatite zoning to focus these efforts.

Origen is an exploration company engaged in generating, acquiring and advancing base, precious metal, and lithium properties.

Origen Resources Inc. (ORGN) is up 4.84 per cent and is trading at $0.325 per share as of 9:30 am ET. 

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