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 2.0% net smelter return royalty. "Si2 is an underexplored steam heated [...]
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 Technical Report on Mineral Reserves and Mineral Resources on the Santa Elena [...]
Orogen Royalties Inc. is pleased to announce an update for its royalty portfolio including the Ermitaño 2% Net Smelter Return royalty in Sonora, Mexico and the Silicon 1% NSR royalty in Nevada. The following disclosure is summarized from disclosure by the project owners and has not been independently verified by Orogen. Ermitaño West Deposit Project owner First Majestic Silver Corp. announced[1] that initial production at [...]
Orogen Royalties Inc. is pleased to announce the voting results for its Annual General and Special Meeting of shareholders held October 25, 2021. A total of 53,699,455 shares were voted representing 30.16% of the issued and outstanding shares of the Company. Shareholders approved all matters presented at the meeting as follows: Votes For Votes Against Withheld/ Abstain % For % Against % Withheld/ Abstain Director Nominee [...]
Orogen Royalties Inc. is pleased to announce that is has signed an agreement with Ivy Minerals Inc. to option Orogen's Ghost Ranch gold project in northeastern Nevada, U.S.A. Ivy can earn a 51% interest in the Ghost Ranch project by spending US$1.5 million over a four-year period, including a firm commitment of 4,000 feet of drilling. Orogen will retain a 49% interest in Ghost Ranch and reserve a 0.5% net smelter return [...]
Orogen Royalties Inc. is pleased to announce that the Board of Directors have approved the spinout of the Ball Creek copper-gold porphyry target located in the Golden Triangle, into a new company by way of a Plan of Arrangement under the British Columbia Business Corporation Ac . Upon completion of the Arrangement, the Company's shareholders will: maintain their existing ownership of common shares in Orogen Royalties [...]
Orogen Royalties Inc. is pleased to announce it has signed two agreements with Meridian Gold Company a wholly owned subsidiary of Yamana Gold Inc., for the option of the Raven and Callaghan gold projects and a three-year partner-funded generative exploration alliance in Nevada. Under the terms of the Option Agreement, Meridian can earn up to a 100% interest in the Raven and Callaghan projects by making cash payments [...]
Orogen Royalties Inc. is pleased to announce it has appointed Mr. Justin Quigley to the Board of Directors. Mr. Quigley is an internationally experienced business development executive with multi-commodity expertise in the natural resources sector. Most recently Justin was Vice President - Commercial for Rio Tinto Exploration Americas where he formed part of the RTX Americas Senior Leadership Team. Justin and his team [...]
Orogen Royalties Inc. is pleased to announce it has signed an option agreement with Badger Minerals LLC , a private mineral exploration company, for the Kalium Canyon gold project in Nevada, USA. To earn a 100% interest in the Kalium Canyon project, Badger will make cash payments of US$1.75 million and exploration expenditures of US$5.0 million over a five-year period. Orogen will retain a 2% net smelter return royalty [...]
Orogen Royalties Inc. is pleased to announce it has signed an option agreement with Headwater Gold Inc. for the Spring Peak gold project in Nevada, USA. To earn a 100% interest in the Spring Peak project, Headwater will provide a cash payment of US$10,000, a cash or share payment totaling US$250,000 , incur exploration expenditures of US$250,000 within 24 months of signing the Agreement and maintain all required [...]
Orogen Royalties Inc. is pleased to announce that exploration partner, U.S. Gold Corp. , has released results of a two-hole 1,353 metre drilling program on Orogen's Maggie Creek gold project, adjacent to Nevada Gold Mines' Gold Quarry mine in Nevada . US Gold can earn up to a 70% interest in Maggie Creek by making cash payments of US$250,000, exploration expenditures of US$4.5million and producing a feasibility study by [...]
OTC Markets Group Inc. , operator of financial markets for 11,000 U.S. and global securities, today announced Orogen Royalties Inc. , a company focused on organic royalty creation and royalty acquisitions on precious and base metal discoveries in western North America, has qualified to trade on the OTCQX® Best Market. Orogen Royalties Inc. upgraded to OTCQX from the Pink® market. Orogen Royalties Inc. begins trading today [...]