Orogen Royalties Acquires the Serpent Gold Project in Nevada

Orogen Royalties Inc. announced the acquisition of the Serpent gold project in central Nevada, USA. The project covers 225 BLM claims, encompassing approximately 18.8 square kilometers, and represents an undrilled, low-sulphidation epithermal gold target. Initial reconnaissance rock sampling returned anomalous gold up to 0.95 g/t, highly anomalous mercury, and anomalous silver.

The acquisition was generated in partnership with Altius Minerals Corporation. The project is available for option or sale, aligning with Orogen's standard generative exploration and royalty-creation workflow. No financial terms or consideration were disclosed in this release.

Orogen Royalties Inc. (OGN) has acquired an early-stage, undrilled exploration target that is not expected to have an immediate financial or production impact. The transaction represents a standard execution of the company's generative exploration model, which has historically resulted in option agreements and royalty creation, such as those seen with Ecru, Firenze, and Table Mountain.

The market has already priced in the exploration pipeline, with the stock up approximately 160% over the trailing 12 months.

Orogen Royalties Inc. (OGN) operates as a royalty and streaming company, focusing on organic royalty generation and partner-funded exploration. The firm currently holds a portfolio of approximately 35 royalties, seven option agreements, three exploration alliances, and five projects available for sale.

Its flagship asset is the Ermitaño property in Sonora, Mexico, which carries a 2% net smelter return (NSR) and is operated by First Majestic. Other key assets include MPD South and HWY 37/Hank in British Columbia, Canada; Maggie Creek and Spring Peak in Nevada, USA; and La Rica in Colombia. The company’s geographic focus is primarily North America, specifically Nevada, Utah, and British Columbia, with select targets also located in Colombia and Norway.