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 [...]
Orogen Royalties Inc. is pleased to announce that it has signed a purchase and sale agreement with Pacific Ridge Exploration Ltd. to sell the Onjo copper-gold porphyry project located in north central British Columbia. Upon regulatory approval of the TSX Venture Exchange, Orogen will receive $50,000 cash, and 750,000 common shares of Pacific [...]
Orogen Royalties Inc. is pleased to announce that further to its August 18, 2021 news release, the Company has appointed Mr. Brian Massey as President and CEO of Ball Creek SpinCo, to be created by the spinout of the Ball Creek copper-gold porphyry project from the Company, located in the Golden Triangle, BC. Brian Massey is a mining industry [...]
Orogen Royalties is pleased to announce an annual update for its prospect generation business unit in Mexico, US and Canada. Highlights Partner-funded exploration work of $3.2 million, including four drilling campaigns totaling 6,350 metres Eleven option or purchase agreements completed with a total of thirteen active exploration partnerships and [...]
Orogen Royalties Inc. is pleased to announce that is has signed an agreement with K2 Gold Corp, to option Orogen's Si2 gold project in Nevada, U.S.A. K2 can earn a 100% interest in the Si2 project by making cash payments totaling US$2.5 million, spending US$2.5 million in exploration expenditures over a five-year period, and granting to Orogen a [...]
Orogen Royalties Inc. is pleased to announce initial production at the Ermitaño deposit where the Company holds a 2% net smelter return royalty. The first doré gold-silver pour occurred Nov. 11, 2021 and commercial production is expected in Q1 2022. Note: The following information has been extracted from First Majestic's June 30, 2021 NI 43-101 [...]