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sur Orogen Royalties Inc (isin : CA30051B1004)

Orogen Royalties Announces Nevada Exploration Programs and Alliances

Orogen Royalties Inc. disclosed a significant update regarding its exploration activities and partnerships in Nevada, USA. The update reveals plans for substantial partner-funded drilling initiatives across multiple projects in the region.

According to Paddy Nicol, CEO of Orogen, these activities highlight a robust portfolio in Nevada. This includes five exploration-stage royalties and several partnership agreements. Notably, Headwater Gold Inc. will conduct a 7,000-meter drill at the Spring Peak project, while Strikepoint Gold Inc. is initiating a 5,000-meter drill at the Cuprite Gold project. Ivy Minerals plans a 1,200-meter drilling program at the Ghost Ranch project.

Additionally, Nevada Gold Mines is set to extend its exploration at the Maggie Creek project following a previously completed drill program. Orogen holds varying degrees of royalty interests in these projects, reflecting its strategic presence in Nevada’s gold exploration scene. Furthermore, the company confirmed continuing its generative exploration alliance with Altius Minerals Corporation for a third year, focusing on identifying new gold and silver targets.

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