Orogen Royalties Inc. or is pleased to announce an update to the Expanded Silicon project in Nevada, USA. Project owner AngloGold Ashanti NA has announced an initial Inferred Resource of 9.05 million ounces gold at the Merlin deposit. 1 The resource at Merlin is a significant discovery, separate and contiguous to the previously announced 4.22 [...]
Orogen Royalties Inc. is pleased to provide an update and forecast on its prospect generation portfolio and partner-funded exploration for 2024. 2023 Highlights Partner funded exploration expenditures of C$20.2 million including six drill campaigns totaling over 18,650 metres Five organically created net smelter return royalties on the Ball Creek [...]
Orogen Royalties Inc. is pleased to report profitable financial results from its operations for the third quarter ended September 30, 2023. Paddy Nicol, CEO of Orogen, commented: "Orogen's profit primarily resulted from record royalty revenue from the Ermitaño gold-silver Mine where increased production rates, strong gold grades and improvement in [...]
Orogen Royalties Inc. is pleased to announce it has acquired the Hot Tip Gold Project in central Nevada, USA. Hot Tip Project Highlights A low-sulphidation epithermal gold target highlighted by a large four-kilometre-diametre steam heated alteration cell focused on an undrilled three- kilometre-long by one-kilometre-wide graben. Widespread [...]
Orogen Royalties Inc. or the "Company") is pleased to announce that exploration partner Rackla Metals Inc. has exercised their option on the 288 square kilometre Astro gold project in the Northwest Territories, Canada. Pursuant to the option agreement dated September 1, 2022 , Orogen received: 120,000 common shares from Rackla on signing the [...]
Orogen Royalties Inc. is pleased to announce that the Company has signed a purchase and sale agreement with Eminent Gold Corporation whereby Eminent has acquired a 100% interest in the Gilbert South gold project in Nevada. The Agreement replaces the June 24, 2021 option agreement previously signed between Orogen and Eminent. Pursuant to the [...]
Orogen Royalties Inc. is pleased to report profitable financial results from its operations for the second quarter ended June 30, 2023. Paddy Nicol, CEO of Orogen, commented: "We are happy to report another profitable quarter, supported by strong royalty revenue, a sustainable prospect generation business, and reduction in overhead and G&a [...]
Orogen Royalties Inc. or the is pleased to provide an update on its royalty portfolio and forecast for the second half of 2023. Paddy Nicol, CEO of Orogen, commented: "Our royalty portfolio consists of 24 projects including the producing Ermitaño mine operated by First Majestic and a potential district scale discovery at the Silicon-Merlin project [...]
Orogen Royalties Inc. or the is pleased to provide a drilling and resource development update on AngloGold Ashanti NA's Silicon-Merlin gold project in Nevada, USA where Orogen holds a 1% net smelter return royalty. Merlin Update Highlights The Exploration Target at Merlin ranges from 230 to 250 million tonnes grading 0.8 to 1.0 grams per tonne [...]
Orogen Royalties Inc. is pleased to provide an update and forecast on its partner-funded project generation portfolio for 2023. Highlights Estimated 28,000 metres of partner funded drilling for 2023 representing approximately $18 million in expenditures. Eight drill programs planned with four underway. Eleven Orogen projects are under option [...]
Orogen Royalties Inc. is pleased to announce it has acquired the Firenze gold-silver project in Nevada. Firenze Project Highlights Firenze is a 7.4 square kilometre gold-silver project located on BLM ground 170 kilometres east of Reno, Nevada Banded quartz-adularia epithermal veins, up to 1.5 metres wide, outcrop over a 1.5 square-kilometre area [...]
Orogen Royalties Inc. is pleased to announce it has signed a purchase and sale agreement with Gold Plata Mineral Investments Corp. , to acquire a 1% net smelter return royalty interest in the La Rica copper-gold project in northern Colombia. Highlights La Rica is a 160 square-kilometre land package located in the Mande Batholith, the northernmost [...]