Wishbone is a 3,941-hectare, 100%-owned Golden Triangle property with eleven target areas along more than 10 kilometres of prospective trend. Soil and selective rock sampling have returned elevated gold and silver, and a 2025 induced-polarization survey identified chargeability anomalies beneath surface geochemistry. The property remains subject to an existing 1% NSR and annual C$10,000 advance royalties. Origen has entered into a conditional agreement to sell its 100% interest to 1600292 BC Ltd. for $1 million in purchaser shares, to be issued immediately before the purchaser's anticipated IPO and valued at the IPO financing price, plus a 1% NSR to be granted to Origen. Completion remains subject to regulatory, corporate and other approvals and conditions. The purchaser must complete its IPO within 11 months after execution of the definitive agreement, and the transaction will terminate if the IPO is not completed by July 31, 2027; until completion, Origen remains the 100% owner.
- Country
- Canada
- Commodity
- Au
- Stage
- Exploration