Orogen Royalties Inc. is pleased to announce that the Company has entered into and closed a purchase and sale agreement pursuant to which Green Light Metals Inc. and its subsidiary Green Light Wisconsin LLC have acquired a 100% interest in the Kalium Canyon Gold Project from Orogen's subsidiary, Renaissance Exploration, Inc. . In connection with [...]
Orogen Royalties Inc. is pleased to announce that it has signed an option agreement with Rackla Metals Inc. for the Astro gold project in Northwest Territories, Canada. Under the terms of the Agreement, Rackla can earn a 100% interest in Astro by issuing 120,000 common shares of Rackla, incurring $250,000 in exploration expenditures, and making [...]
Orogen Royalties Inc. is pleased to announce the formation of a generative exploration alliance with a subsidiary of Altius Minerals Corp. . The Alliance will focus on generating gold and silver targets considered geologically similar to the recent major gold deposit discovery at Silicon in the Walker Lane trend in Nevada, USA. Marco LoCascio, VP [...]
Orogen Royalties Inc. is pleased to report operating and financial results for the second quarter ended June 30, 2022 , and updates on corporate and operational activities. Paddy Nicol, CEO of Orogen, commented: "Our second quarter results demonstrate the continued growth of our paying 2% NSR on the Ermitaño mine. Strong gold grades and volumes at [...]
Orogen Royalties Inc. is pleased to announce the acquisition by staking of the La Verdad epithermal gold-silver project in Durango, Mexico. La Verdad Project Highlights Gold and silver rich low-sulfidation epithermal system located in the Mexican Silver Belt Subparallel quartz veins occur in an area measuring over 2.5 kilometres along strike [...]
Orogen Royalties Inc. is pleased to announce the closing of the transaction with Advance Lithium Corp. whereby Orogen acquired 3% net smelter royalties on three prospective mineral licenses in the Lake Victoria Gold Fields in western Kenya. As consideration, Orogen paid Advance US$120,000 for the Royalties and transferred its interest in the [...]
Orogen Royalties Inc. is pleased to announce it has signed an agreement with Advance Lithium Corp. to purchase 3% net smelter royalties on three prospective mineral licenses in the Lake Victoria Gold Fields in western Kenya. Upon closing of the Agreement, Orogen will pay Advance US$120,000 for the Royalties and transfer its interest in the Sarape [...]
Orogen Royalties Inc. is pleased to report operating and financial results for the first quarter ended March 31, 2022 and recent updates from key royalty assets. Paddy Nicol, CEO of Orogen, commented: "Our first full quarter of royalty revenue from Ermitaño and strong results from our prospect generation business have seen Orogen generate a profit [...]
Llano de Nogal option to fall under the Riverside/BHP Exploration 2022 funding arrangement Orogen Royalties Inc. is pleased to announce it has signed an option agreement with Riverside Resources Inc. for the Llano de Nogal copper-gold porphyry project in Sonora, Mexico. Under the terms of the Agreement, Riverside can earn a 100% interest in Llano [...]
Orogen Royalties Inc. is pleased to announce that Orogen's board of directors has elected independent board member Mr. Justin Quigley as chairman. Mr. Quigley joined in Orogen's board in August 2021 and has taken a key role at the board level to support the Company's corporate strategy. "Orogen has strategically positioned itself as a cash-flowing [...]
Orogen Royalties Inc. is pleased to announce that project owner AngloGold Ashanti NA has announced a maiden 3.37 million ounce inferred gold resource at the Central-Silicon zone on the Silicon gold project in Nevada, USA. Orogen holds an uncapped and non-buyable 1% net smelter return royalty on the 58 square kilometre Silicon project. Highlights [...]
Ongoing exploration indicates new discovery east of Ermitaño Orogen Royalties Inc. is pleased to announce that it has received its first quarterly royalty payment of approximately US$480,000 from initial production at the Ermitaño deposit in Sonora, Mexico. Orogen organically generated a 2% net smelter return royalty on the sale of the Ermitaño [...]