Origen Resources Inc. has reported that 1600292 B.C. Ltd. is mobilizing an exploration crew to the Wishbone Project in British Columbia’s Golden Triangle.

The field program focuses on conducting an induced polarization survey over the Windy and Rat mineralized zones. The work is designed to further define and prioritize targets across the property. The Wishbone Project covers approximately 3,941 hectares with 11 identified target areas along a mineralized trend extending for more than 10 kilometres.

Under an agreement announced in September 2026, the purchaser agreed to acquire Origen’s 100% interest in the project. The transaction consideration consists of 4,000,000 common shares of the purchaser at a deemed value of $0.25 per share, representing $1,000,000, alongside a 1% net smelter return royalty. Completion remains subject to regulatory and corporate approvals, with the purchaser committing to use commercially reasonable efforts to list on the Canadian Securities Exchange by July 30, 2027.

“We are very pleased to see the Purchaser moving quickly to continue advancing Wishbone,” stated Gary Schellenberg, CEO of Origen. “Considerable work has already gone into identifying a number of compelling targets across the Property. This program is an important next step toward refining those targets for drilling in 2027. For Origen shareholders, it also demonstrates the benefit of the transaction structure. We retain exposure to future exploration success through both our equity position in the Purchaser and our 1% NSR, while the Purchaser funds the next stage of exploration.”

— Gary Schellenberg, CEO of Origen

Read the full announcement: Origen Announces Mobilization of Exploration Crew to Advance Wishbone Drill Targets