on Orogen Royalties Inc (CVE:OGN)
Orogen Royalties Reports Mid-Year Exploration and Royalty Advancements
Orogen Royalties Inc. announced progress in its partner-funded exploration projects and royalties midway through 2026. The company has completed or is undertaking approximately 44,000 meters of drilling on seven projects. Over 7,000 meters of conversion drilling were concluded at the Ermitaño's Navidad/Winter deposit in Mexico, where Orogen holds a 2% net smelter return royalty.
The company has generated $1.72 million from project sales and exploration partner payments so far this year. Two new royalties have been established from project sales, and a pipeline of new projects has been generated in Nevada and Utah. Additionally, Orogen anticipates six more drilling programs with about 25,000 meters of drilling in the latter half of 2026.
Key projects include the Ermitaño gold-silver mine, HWY 37 in Canada, and La Rica in Colombia. The company maintains royalty interests, ranging from 1% to 3%, across multiple strategic mineral projects globally.
R. E.
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