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Orogen Acquires the Cuervo Epithermal Gold-Silver Target in British Columbia

VANCOUVER, BC / ACCESSWIRE / May 10, 2023 / (TSXV:OGN) (OTCQX:OGNRF) Orogen Royalties Inc. ("Oro...

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Orogen Acquires the Cuervo Epithermal Gold-Silver Target in British Columbia

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[{"type":"text","content":"Orogen Acquires the Cuervo Epithermal Gold-Silver Target in British ColumbiaVANCOUVER, BC / ACCESSWIRE / May 10, 2023 / (TSXV:OGN) (OTCQX:OGNRF) Orogen Royalties Inc. (\"Orogen\" or the \"Company\") is pleased to announce the acquisition of the Cuervo epithermal gold-silver project in the Nechako Plateau, central British Columbia.Cuervo Project HighlightsSixteen square-kilometre gold anomaly developed in basal till with geochemistry indicative of a buried epithermal systemScale and tenor of till anomaly comparable to Artemis Gold Inc's Blackwater Gold projectThe till source region correlates with magnetic low and high chargeability parallel to an up-ice regional-scale structureHistoric drilling on the peripheries of the geochemical and geophysical anomaly intersected epithermal veins with anomalous gold and silver valuesCore of geochemical anomaly and geophysical target ready for drill testingCuervo was acquired through staking under Orogen's generative exploration programsFigure 1: Location map \"Since 2017, Orogen's technical team have been exploring in the Nechako Plateau; understanding the opportunities of prospecting in till covered terrane guided by the Geoscience BC TREK dataset\" commented Laurence Pryer, VP of Exploration \"The gold anomaly at Cuervo represents the largest and strongest geochemical anomaly identified by our team and an early-stage opportunity to explore for buried epithermal style mineralization.\"About the Cuervo ProjectThe nearly 6000-hectare Cuervo project is located in northern British Columbia, 150 kilometres west-southwest of Prince George within the Nechako Plateau, a region that hosts significant porphyry and epithermal mineral deposits but where exploration has been historically hindered by the extensive glacial till cover that blankets the region. (Figure 1). The claims are road accessible.The property contains a sixteen square-kilometre gold in basal till anomaly (Figure 2). The gold anomaly correlates with anomalous silver, arsenic, and antimony, all geochemical indicators of a buried epithermal system. The scale and tenor of gold anomalism at Cuervo is comparable to Artemis Gold Inc's Blackwater Gold project (Proven and Probable reserves of 8Moz gold at 0.75 g/t and 62.3 Moz silver at 5.8 g/t1).The well-defined source region of the basal till anomaly correlates with a magnetic trough - infe...

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