Orogen Royalties Forms Alliance with Aurum Discovery in Norway

Orogen Royalties Inc. has announced a new exploration alliance with Aurum Discovery, an Irish prospect generator. The alliance aims to identify gold and silver targets in Norway, supported by a €500,000 two-year budget funded by Orogen. The initial focus will be on the Pasvik and Mjøsa-Vänern regions.

Aurum will provide geological expertise, while costs and revenues from developed projects will be shared equally. The partnership expands Orogen's activities beyond North America, as stated by CEO Paddy Nicol. This venture capitalizes on low-risk, high-potential sectors.

The Pasvik project in northern Norway targets gold in a geologically unexplored belt. Meanwhile, the Mjøsa-Vänern project aims to map a largely uncharted gold belt in southern Norway and Sweden, marking significant exploration efforts in the area.