Orogen Royalties talks drilling by royalty partners

Executive Summary

• Orogen Royalties reports over 30,000 m of partner‑financed drilling across seven projects in North America, Colombia and Kenya, highlighting multiple high‑grade copper‑gold intercepts.
• The company disclosed new royalty and equity arrangements—including buydowns and option rights—on nine projects, and announced three project sales to date.
• Orogen will host its second annual Project Generator Day on Oct. 8, 2025, to showcase the newly generated exploration opportunities.

Key Details

• Overall Activity: >30,000 m of drilling in seven partner‑financed programs (Nevada, BC, Colombia, Kenya).
• Generative Exploration Spend: >US$3 million invested with partners Altius Minerals, Triple Flag Precious Metals, South 32 and BHP Xplor.
• Project Sales / Options: Seven projects under option to industry partners; three projects sold year‑to‑date (including Arthur gold royalty).

MPD South (BC, Canada) – Kodiak Copper Corp.

• 5,001 m drilled in 44 holes (West, Adit, South zones).
• Notable intercepts:
• RC‑AXE‑25‑026 – 0.63 % Cu & 0.05 g/t Au over 78.6 m from surface; includes 26.8 m of 1.59 % Cu & 0.01 g/t Au.
• RC‑AXE‑25‑10 – 0.39 % Cu & 0.10 g/t Au over 111.3 m starting at 1.5 m depth.
• AXE‑25‑009 – 0.14 % Cu & 0.28 g/t Au over 103 m, with 7 m of 2.11 g/t Au & 0.21 % Cu.
• Orogen holds equity in Kodiak and a 2 % NSR royalty (subject to 0.5 % buydown for US$2 M).

HWY 37 – Kingfisher Metals Inc. (BC, Canada)

• 7,630 m drilled in 11 holes on Hank claims; regional MT‑IP survey over 319 km² completed.
• Key results:
• HW‑25‑004 – 0.29 % Cu & 0.30 g/t Au over 557.8 m (incl. 234.35 m of 0.44 % Cu & 0.49 g/t Au).
• HW‑25‑011 – Visual intercept of peripheral porphyry system over 429 m beneath Hank gold‑silver epithermal deposit.
• Royalties/rights: 1 % NSR on Ball Creek East; 3 % NSR on Hank (with 1 % buydown for US$3 M); option to acquire additional 1 % NSR on multiple claims for US$1 M.

Maggie Creek (NV, USA) – Nevada Gold Mines

• Completed 1,840‑m core tail extending MC21‑2C hole; intersected intense clay alteration and Popovich formation limestones.
• Assays pending; follow‑up drilling planned for 2026.
• Orogen holds cash‑payment rights and a 2 % NSR royalty.

Celts (NV, USA) – Eminent Gold Corp.

• Two IP lines crossed steam‑heated alteration cap; identified major fault target for late‑2025 drill program.
• Orogen holds equity in Eminent and a 1.5 % NSR royalty (subject to 0.5 % buydown for US$750,000).

Camelot (BC, Canada) – Prospect Ridge Resources

• Planned drilling to test chargeability anomaly associated with monzonite stock.
• Orogen holds 1 % NSR royalty and right to purchase additional 0.25 % for US$500,000.

La Rica (Colombia) – MCC Mining Inc.

• Completed oversubscribed US$75 M financing (H1 2025). Drilling on La Rica expected late‑2025/early‑2026.
• Orogen holds 1 % NSR royalty (subject to up to 0.5 % buydown for US$15 M).

Jake Creek (NV, USA) – Headwater Gold Inc.

• Letter of intent with Oceanagold Corp. guarantees minimum US$1 M exploration spend within two years.
• Orogen holds 1 % NSR royalty (subject to 0.5 % buydown for US$1 M).

Project Generator Day

• Date & Time: Wednesday, Oct. 8, 2025 – 10 a.m. PST / 1 p.m. EST (webinar registration required).
• Purpose: Present newly generated projects and royalty opportunities to potential partners/investors.

Notable Quotes

“This has been one of the busiest years in Orogen's history for project‑level and generative exploration activities… We look forward to our Project Generator Day Oct. 8, 2025, to showcase our new exploration opportunities.” – Paddy Nicol, CEO, Orogen Royalties Inc.