(TheNewswire)
December 31, 2021 – TheNewswire - NewOrigin Gold Corp. (TSXV:NEWO) (OTC:TROIF) NewOriginGold would like to express thanks to our shareholders and partners whomade 2021 possible through their continued commitment andsupport.
The year began with the announcement of newstrategic shareholders, O3 and Osisko Mining, along with completion ofa $2.75M financing. In 2021, NewOrigin executed a drill program atour North Abitibi gold project, continued to advance the Sky Lake goldproperty to the drill phase, carried out a geological program at SouthAbitibi, and completed an airborne geophysical survey at the newlyacquired Kinebik gold project.
In early 2022, results will be received from ourNorth Abitibi diamond drill program testing 4 deep InducedPolarization targets at depth below 3 separate gold-bearing zones.North Abitibi is in the Casa Berardi trend, south of the Detour Lakemine where previous drilling has not been conducted at these targetsbelow a 150m vertical depth.
In December of 2021, the Company received a drillpermit for its Sky Lake gold project and is engaged with First Nationcommunities to conclude an Early Exploration Agreement.
NewOrigin is awaiting results from its North Abitibidrill program while planning for a summer drill program at Sky Lake.
We thank you for your support and are looking forwardto further drill programs on our two main projects to move the companyforward in the coming year.
For FurtherDetails Please see the Link Below:
https://www.neworigingold.com/_resources/news/NewOrigin%20Gold%202021%20Year%20End%20Review.pdf
David Farquharson,President
About NewOrigin GoldCorp.
NewOrigin Gold Corp. (formerly Tri Origin ExplorationLtd.) is a well-funded, Canadian gold exploration company focused ondrill discovery on its North Abitibi and Sky Lake gold projects in theCanadian Shield. NewOrigin’s management and board have extensiveexperience in the delineation and development of gold deposits.Company shareholders include O3 Mining Inc. and Osisko Mining Inc.NewOrigin Gold trades on the TSX Venture Exchange under the ticker“NEWO”.
For Further Information Contact:
David Farquharson , President
Phone: (905) 727-1779 or visit www.neworigingold.com
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.
CautionaryStatement regarding Forward Looking Statements:
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release. This News Release includes certain“forward-looking statements” which are not comprised of historicalfacts. Forward-looking statements include estimates and statementsthat describe the Company’s future plans, objectives or goals,including words to the effect that the Company or management expects astated condition or result tooccur. Forward-looking statements may be identified by such terms as“believes”, “anticipates”, “expects”, “estimates”,“may”, “could”, “would”, “will”, or “plan”. Sinceforward-looking statements are based on assumptions and address futureevents and conditions, by their very nature they involve inherentrisks and uncertainties. Although these statements are based oninformation currently available to the Company, the Company providesno assurance that actual results will meet management’sexpectations. Risks, uncertainties and other factors involved withforward-looking information could cause actual events, results,performance, prospects and opportunities to differ materially fromthose expressed or implied by such forward-looking information.Forward looking information in this news release includes, but is notlimited to, the intention to complete the foregoing, the Company’sobjectives, goals or future plans, statements, exploration results,potential mineralization, the estimation of mineral resources,exploration and mine development plans, timing of the commencement ofoperations and estimates of market conditions. Factors that couldcause actual results to differ materially from such forward-lookinginformation include, but are not limited to, the Company’s abilityto obtain all approvals required in connection with the foregoing, theCompany’s ability to predict or counteract potential impact ofCOVID-19 coronavirus on factors relevant to the Company’s businessfailure to identify mineral resources, failure to convert estimatedmineral resources to reserves, the inability to complete a feasibilitystudy which recommends a production decision, the preliminary natureof metallurgical test results, delays in obtaining or failures toobtain required governmental, environmental or other projectapprovals, political risks, inability to fulfill the duty toaccommodate First Nations and other indigenous peoples, uncertaintiesrelating to the availability and costs of financing needed in thefuture, changes in equity markets, inflation, changes in exchangerates, fluctuations in commodity prices, delays in the development ofprojects, capital and operating costs varying significantly fromestimates and the other risks involved in the mineral exploration anddevelopment industry, and those risks set out in the Company’spublic documents filed on SEDAR. Although the Company believes thatthe assumptions and factors used in preparing the forward-lookinginformation in this news release are reasonable, undue reliance shouldnot be placed on such information, which only applies as of the dateof this news release, and no assurance can be given that such eventswill occur in the disclosed time frames or at all. The Companydisclaims any intention or obligation to update or revise anyforward-looking information, whether as a result of new information,future events or otherwise, other than as required by law.
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