Origen Starts 885 Line Kilometre Airborne Magnetic and VTEM Geophysical Survey Over Middle Ridge Project in Newfoundland
488 – 625 Howe St.
Vancouver, BC
V6C 2T6, Canada
604-681-0221
www.origenresources.com
Origen Starts 885 Line Kilometre Airborne Magnetic and VTEM Geophysical Survey
Over Middle Ridge Project in Newfoundland
Vancouver, BC, January 21, 2021. Origen Resources Inc. (the “Company” or “Origen”) (CSE:ORGN; FSE:4VX)
is pleased to announce the commencement of an 885 line kilometre airborne magnetic and VTEM survey on
its 7,875 hectare Middle Ridge Gold Project in Newfoundland.
In the Exploits Subzone gold belt, high resolution magnetics and EM surveys have been demonstrated to
highlight geologic structures that are critical in exploration for structurally hosted orogenic gold. Origen has
contracted Geotech Ltd. of Aurora, Ontario to conduct the survey. Lines will be flown at 100 metre spacing to
provide high resolution magnetic and electromagnetic (EM) data, which are imperative for identifying the
deep-seated structures that host orogenic gold.
“We are excited to take this opportunity to conduct an airborne survey well prior to the spring season and the
planned commencement of our field program. Information gained from this survey will benefit us greatly in
preparation for our exploration program by allowing us to prioritize exploration targets for in field follow-up
and will provide invaluable aid in the subsequent development of quality drill targets,” states Company
President Blake Morgan.
Incentive Stock Option Grant
Origen has granted 1.4 million incentive stock options, exercisable into common shares of the Company, to its
directors, officers, employees and consultants. These options have been set in accordance with the
Company's stock option plan and are exercisable at a price of 23 cents for a five-year period.
About Origen
Origen is an exploratio n company engaged in g enerating, acquiring and a dvancing base an d precious metal
properties. The Company currently ho lds a property portfolio of f our 100% owned precious and base metal
projects in southern British Columbia, a 100% interest in the 26,771 ha LGM project and an option to acquire
a 100% int erest in the 3,971 ha Wis hbone property in the mineral rich Golden Tr iangle of British Columbia,
and a 100% interest in the Middle Ridge gold project in Newfoundland.
On behalf of Origen,
Blake Morgan
President
For further information, please contact Blake Morgan, President at 236-878-4938 or Gary Schellenberg, CEO
at 604-681-0221.
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.
488 – 625 Howe St.
Vancouver, BC
V6C2T6, Canada
604-681-0221
www.origenresources.com
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Certain of the statemen ts made and information contained herein may constitute “forward -looking info rmation.” In particular
references to the private place ment and future work programs or expectations on the quality or result s of such work programs are
subject to risks associate d with operations on the property, exploration activity generally, equipment limitat ions and availability, as
well as other risks th at we may not be currently aware of. Accordingly, readers are advised no t to place undue reliance on forward -
looking informa tion. 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.