Orogen Royalties Inc. is pleased to announce a new significant gold-silver discovery, called the Navidad vein system, on the Ermitaño Mine concessions in Sonora, Mexico where the Company holds a 2% net smelter return royalty. Highlights Mine operator, First Majestic Silver Corp. , has announced the Navidad gold-silver discovery located 500 metres southwest and 750 metres below the producing Ermitaño Mine and is within [...]
Orogen Royalties Inc. is pleased to announce updates for its partner funded exploration stage projects and royalties. Highlights Estimated 30,000 metres of drilling in seven planned or completed programs in Nevada, British Columbia, Northwest Territories, and Western Kenya where Orogen holds project or royalty interests. Several targeting and regional exploration programs for gold and copper projects planned in British [...]
Orogen Royalties Inc. is pleased to announce the acquisition of the TCS volcanic-hosted-massive-sulphide project thirteen kilometres east of Dease Lake, British Columbia. TCS Project Highlights TCS is an undrilled copper-zinc target located 80 kilometres west of the Kutcho Copper project gold, and 12.8 Mt of Inferred resources grading 1.10% copper, 1.58% zinc, and 0.25 g/t gold)1 Recently identified geophysical anomalies [...]
Orogen Royalties Inc. is pleased to report a profitable quarter and positive cashflows generated from operations for the three-month period ended March 31, 2024. Q1-2024 Highlights All amounts are in Canadian dollars unless otherwise stated. Royalty Revenue: Royalty revenue of $1,478,699 was earned in the current quarter with 508 attributable gold equivalent ounces sold at average price of US$2,070 per ounce, up 13 [...]
Orogen Royalties Inc. is pleased to report a profitable quarter and positive cashflows generated from operations for the three-month period ended March 31, 2024. Q1-2024 Highlights All amounts are in Canadian dollars unless otherwise stated. Royalty Revenue: Royalty revenue of $1,478,699 was earned in the current quarter with 508 attributable gold equivalent ounces sold at average price of US$2,070 per ounce, up 13 [...]
Orogen Royalties Inc. is pleased to announce a technical update and preliminary mine production schedule for the Merlin gold deposit near Beatty, Nevada, USA. The Merlin and Silicon deposits together comprise the Expanded Silicon project, where Orogen holds a 1% net smelter return royalty. On April 25, 2024, project owner AngloGold Ashanti NA released a Regulation S-K 1300 Technical Report Summary entitled "Merlin [...]
Orogen Royalties Inc. is pleased to report record revenue and record after tax profit for the year ended December 31, 2023. Fiscal 2023 Year End Highlights All amounts are in Canadian dollars unless otherwise stated. Net Income from Operations: Net income was $1,817,198 for the year ended December 31, 2023, up 155% from 2022. Including deferred tax recovery, net comprehensive income was $3,044,389 or $0.02 per share , up [...]
Estimated 15,000 metres of partner-funded drilling on exploration-stage projects generated by Orogen Orogen Royalties Inc. is pleased to announce a partner-funded generative exploration and alliance update in Nevada, USA. Paddy Nicol, Orogen's CEO, commented, "In addition to our 1% net smelter return royalty on AngloGold Ashanti's Expanded Silicon gold project, Orogen has a broad portfolio in Nevada comprising five [...]
Orogen Royalties Inc. reports preliminary and unaudited financial results for its fourth quarter and year ended December 31, 2023. All figures are stated in Canadian dollars unless otherwise noted. 2023 Year End - Record Revenue and Profits Orogen is pleased to report record preliminary total revenue of $8,000,000 for the year ended December 31, 2023, up 70% from $4,700,000 total revenue earned in 2022 including: 58 [...]
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 million ounces gold resource at the Silicon deposit. 2 Orogen holds a 1% net [...]
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 West and Ecstall projects in British Columbia, the Cuprite and Gilbert [...]
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 recoveries were achieved. Prospect generation remains profitable and we [...]
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