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Orogen Acquires the Onjo copper-gold property in British Columbia
Orogen Acquires the Onjo copper-gold property in British Columbia Canada NewsWi...
About this update from Orogen Royalties Incorporation
[{"type":"text","content":"\n \n \n \n Orogen Acquires the Onjo copper-gold property in British Columbia\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n June 3, 2021\n \n /CNW/ - (TSXV: OGN) Orogen Royalties Inc. (\"Orogen\" or the \"Company\") is pleased to announce the acquisition of the Onjo copper-gold porphyry property in central\n \n British Columbia, Canada\n \n .\n \n \n Onjo is located approximately ten kilometres west of Centerra Gold Inc.'s Mount Milligan Mine and ten kilometres south of the Chuchi copper-gold deposit.  The Onjo property was identified through Orogen's generative exploration programs and recently acquired through staking.\n \n \n \n Onjo Property Highlights\n \n \n \n \n Onjo is located in the Quesnellia arc and on a magnetic trend hosting the Mount Milligan mine (proven and probable reserves of 959 million pounds copper and 2.4 million ounces gold\n \n 1\n \n ), and the Kwanika and Chuchi copper-gold deposits\n \n \n Historical drilling intersected multiple small dykes of monzonite associated with anomalous copper mineralization\n \n \n Relogging of historical drilling by Orogen highlights an approximate 500 by 500 metre zone with indicators of the top of an alkalic porphyry copper-gold system\n \n \n \n \n Laurence Pryer\n \n , Exploration Manager for Orogen commented, \"The acquisition of the Onjo property is the result of using evolving exploration models to generate new exploration targets.\n \n \n Orogen's technical team believes vectoring into copper-gold mineralization from the tops of alkalic porphyry copper-gold systems represents a significant exploration opportunity in\n \n British Columbia\n \n as all major discoveries to date are eroded to the level of the mineralizing intrusion\n \n 2\n \n .\n \n \n Major porphyry copper-gold systems including Newcrest's Cadia-Ridgeway mines in\n \n New South Wales, Australia\n \n and Vale S.A.'s Onto copper-gold deposit in\n \n Indonesia\n \n , which were discovered where mineralizing intrusions occur at depth, provide excellent analogues to...