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Orogen Royalties Reports Continued Exploration Success on Ermitaño Royalty AOI
VANCOUVER, BC / ACCESS Newswire / December 18, 2025 / (TSXV:OGN)(OTCQB:OGNNF) Orogen Royalti...
About this update from Orogen Royalties Incorporation
[{"type":"text","content":"Orogen Royalties Reports Continued Exploration Success on Ermitaño Royalty AOIVANCOUVER, BC / ACCESS Newswire / December 18, 2025 / (TSXV:OGN)(OTCQB:OGNNF) Orogen Royalties Inc. (\"Orogen\" or the \"Company\") is pleased to announce an exploration update on the Ermitaño gold mine forming part of the Santa Elena mine complex in Sonora Mexico, operated by First Majestic Silver Corp. (\"First Majestic\"). 1 Orogen holds a cash-flowing 2% net smelter return (\"NSR\") royalty on the 167 square-kilometre Ermitaño concession.Exploration Update HighlightsExploration drilling at the Navidad area includes EWUG-25-078 grading 5.8 grams per tonne (\"g/t\") gold and 126 g/t silver over 8.0 metres and 4.88 g/t gold and 50 g/t silver over 4.6 metres (true width)Resource conversion drilling at the Ermitano-Luna area includes hole EWUG-25-074 grading 5.04 g/t gold and 126 g/t silver over 5.4 metres (true width)New drilling from at the Navidad vein area has extended gold and silver mineralization to over 1,200 metres on strike and 400 metres down dipA material handling trade off study for Navidad has been completed and an internal scoping study is underwayInitiated processing plant expansion with throughput designed to increase from 3,200 to 3,500 tonnes per day (\"tpd\")For additional information, please visit: https://www.firstmajestic.com/investors/news-releases/first-majestic-reports-continued-exploration-success-at-santa-elena-and-announces-senior-management-updateOrogen CEO, Paddy Nicol, commented, \"The continued exploration success at Ermitaño demonstrates long term upside on the company's cash-flowing 2% NSR royalty and a sustainable future for Orogen. We look to First Majestic's 2025 resource statement, particularly the upgrading of the Luna Resource, and are encouraged by their continued investment in the processing plant and other infrastructure.\"About the Ermitaño ConcessionsOrogen holds a royalty interest on the approximately 167 square-kilometre Ermitaño mining concession, located in Sonora, Mexico. Ermitaño is contiguous with the Santa Elena mining claims both of which are owned and operated by First Majestic. (Figure 1). Orogen's area of interest contains the producing Ermitaño deposit, the Luna and Aitana veins, and the recently discovered Navidad/Winter vein systems.First Majestic's expl...