4.2 million ounces of gold at the Silicon deposit representing a 25% increase over 2022 estimate Orogen Royalties Inc. is pleased to announce an update to the Silicon gold deposit at the Silicon project in Nevada. Project owner AngloGold Ashanti NA announced total resources of 4.2 million ounces gold, including indicated resources of 3.4 million ounces gold and inferred resources of 800,000 ounces gold. Orogen holds a 1 [...]
Orogen Royalties Inc. announces that the Board of Directors have authorized a grant of 156,000 Restricted Share Units , 156,000 Deferred Share Units and 238,000 Stock Options to independent board members. The grant is pursuant to the Company's Omnibus Equity Incentive Compensation Plan that was approved by shareholders on October 27, 2022, and forms part of part of the independent board's 2023 remuneration. The RSUs [...]
Orogen Royalties Inc. is pleased to announce that the Company has signed a purchase and sale agreement with a wholly-owned U.S. subsidiary of StrikePoint Gold Inc. whereby Strikepoint has acquired a 100% interest in the Cuprite gold project, located in Nevada, USA. As consideration, Strikepoint will issue 6,428,571shares at a deemed value of $450,000, re-imburse $35,208 in project related costs and grant a 3% net smelter [...]
Orogen Royalties Inc. is pleased to announce the acquisition of the Celts epithermal gold-silver project in the Walker Lane, Nevada. Celts Project Highlights Untested advanced argillic alteration cell overlying possible epithermal gold mineralization at depth Alteration indicative of steam-heating, implying a boiling zone and possible gold-silver mineralization hidden below the surface Surface expression similar to [...]
Orogen Royalties Inc. is pleased to report operating and financial results for the third quarter ended September 30, 2022 , and updates on corporate and operational activities. Paddy Nicol, CEO of Orogen, commented: "Our third quarter results support our mission of achieving a financially disciplined and sustainable operation that generates compelling exploration projects and grows our royalty portfolio. During the [...]
Orogen Royalties Inc. is pleased to announce that it has signed an option agreement with Nevada Gold Mines LLC whereby NGM can earn a 100% interest in the Maggie Creek gold project located in the Carlin trend in Nevada, USA. In connection with the Agreement, Orogen and U.S. Gold Corp. have agreed to assign the pre-existing earn-in agreement on the Maggie Creek project dated February 15, 2019 to NGM, which has now been [...]
Orogen Royalties Inc. is pleased to announce the voting results for its Annual General and Special Meeting of shareholders held October 27, 2022. A total of 56,588,746 shares were voted representing 31.66% 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 the Company has signed an option agreement with a wholly-owned U.S. subsidiary of Barrick Gold Corporation whereby Barrick can earn a 100% interest in the Pearl String gold project located in the Walker Lane trend in Nevada, USA. Under the terms of the Agreement, Barrick can earn a 100% interest in the Pearl String project by making US$1.5 million in cash payments and [...]
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 the Agreement, Renaissance and Badger Minerals LLC have terminated their [...]
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 cash payments or issuing common shares totaling $382,000 within twelve-months [...]
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 Corporate Development at Orogen, commented: "As mutual holders of [...]
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 Ermitaño translated into increased revenue and a second consecutive [...]