on Orogen Royalties Inc (CVE:OGN)
Orogen Royalties Benefits from Initial Resource Estimate on MPD Copper-Gold Project
Orogen Royalties Inc. has announced Kodiak Copper Corp.'s initial Mineral Resource Estimate (MRE) on the MPD copper-gold project in British Columbia, where Orogen holds a 2% net smelter return royalty interest. The estimate reveals robust resources in the southern area of the project, with a significant portion attributable to Orogen's interest.
The MPD project reported 82.9 million tonnes of indicated resources with 0.39% copper equivalent (CuEq), equating to 519 million pounds of copper and 0.39 million ounces of gold. Portions of this reflect Orogen's investment. The inferred resources stand at 356.3 million tonnes with 0.32% CuEq, corresponding to 1,889 million pounds of copper and 1.28 million ounces of gold.
The West, Adit, and South deposits all exhibit open mineralization, suggesting potential for future resource expansion. Orogen's CEO, Paddy Nicol, expressed optimism regarding the project's growth opportunities and looks forward to continued exploration efforts in 2026.
R. H.
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