Orogen Royalties Inc. (TSE:OGN) has released an update.
Orogen Royalties Inc. is excited to share an update on the Merlin gold deposit, part of the Expanded Silicon project in Nevada, revealing substantial inferred mineral resources of 9.05 million ounces of gold and 15.22 million ounces of silver. The deposit is still open for expansion and boasts a promising 14-year mine life with significant annual gold production, notably over 1 million ounces in certain peak years. Orogen benefits from this project through a 1% net smelter return royalty on the extensive 74 square-kilometre area that includes both Merlin and the nearby Silicon deposit.
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