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 pathfinder anomalism at surface indicates an extensive metal rich hydrothermal [...]
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 Agreement at fair value of $0.21 per share; and 1,705,357 common shares from [...]
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 Agreement, Eminent will issue 350,000 common shares at closing and an additional [...]
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 expenses. This resulted in a 178% increase in cashflow from operations from the [...]
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 operated by AngloGold Ashanti. At the Ermitaño mine, a 27% increase in [...]
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 gold for a total of 6.0 to 8.0 million ounces of gold 1,2,3 The Exploration [...]
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. Three transactions completed to date in 2023 creating three new net smelter [...]
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 Grab sample highlights of outcropping epithermal veins returned 9.3 grams [...]
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 segment of the prolific Andean copper belt that extends from Chile through [...]
VANCOUVER, BC / ACCESSWIRE / May 25, 2023 Orogen Royalties Inc. is pleased to report profitable financial results from its operations for the three-month period ended March 31, 2023. Paddy Nicol, CEO of Orogen, commented: "Orogen's first quarter financial results in 2023 represent the Company's fifth consecutive quarter of profitability. During the period, royalty revenue from our 2% NSR royalty on the Ermitaño mine [...]
Orogen Royalties Inc. is pleased to announce the acquisition of the Cuervo epithermal gold-silver project in the Nechako Plateau, central British Columbia. Cuervo Project Highlights Sixteen square-kilometre gold anomaly developed in basal till with geochemistry indicative of a buried epithermal system Scale and tenor of till anomaly comparable to Artemis Gold Inc's Blackwater Gold project The till source region [...]
Orogen creates two new royalties, acquires rights to two additional royalties, and sees advancement of its Hank royalty. Orogen Royalties Inc. is pleased to announce it has signed a purchase and sale agreement with P2 Gold Inc. , and an option agreement with Kingfisher Metals Inc. on the Ball Creek Property in the Golden Triangle in northwest British Columbia, Canada. Under the terms of the Purchase Agreement, P2 Gold [...]
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