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Drilling by joint venture partner and producer, Triako Resources Ltd. to define a resource
During February 2002, an agreement was completed with Triako whereby Triako can earn a 70% interest in the Overflow Project by funding $1.0 million of exploration or by delineating a commercially viable resource over a 4 year period.
The Overflow project comprises a belt of felsic volcanic rocks that is known to host high-grade and gold rich, base metal sulphide deposits. Triako is an Australian publicly listed company which operates the underground gold-copper Mineral Hill Mine
in central NSW only 40km southeast of Overflow. They commenced exploration
on the Overflow Project in early 2002. Initial work by Triako has been very encouraging. It has focussed on drilling near the old mine workings at Overflow with the objective of rapidly delineating a resource, which may be transported to the Mineral Hill Mine for treatment. Results from the first phase of work include 5m grading 7.61 g/t Au, 36 g/t Ag, 0.12% copper, 2.24% Pb and 5.10% Zn in hole 1, a step-out from the earlier Delta Gold hole and 10m grading 5.00 g/t Au, 16 g/t Ag, 0.20% copper, 1.00% Pb and 1.40% Zn in hole 8, drilled 250m to the south. Drilling is ongoing to delineate this deposit.
Tri Origin Exploration Ltd. (Canada) participates in discoveries through its 51 % common share interest in its public subsidiary. Tri Origin Minerals Ltd. (Australia) (click here for share participation structure).
Links:
Visit the Tri Origin Minerals Ltd. (Australia) website for a full description of this project:
http://www.trioriginminerals.com.au/regional_exploration.html

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