Orogen Royalties Incorporation · TSXV:OGN
Orogen Royalties Incorporation — Orogen Royalties — Technical Presentation (September 2024)
15 slides from Orogen Royalties Incorporation's technical presentation, Sep 17, 2024
Slide 1: Celts: Silicon analogous low-sulphidation steam cap hidden in the Walker Lane
Celts Silicon analogous low-sulphidation steam cap hidden in the Walker Lane orogenroyalties.com
Slide 2: Forward Looking Information
Forward Looking Information This presentation includes certain statements that may be deemed “forward looking statements”. All statements in this presentation, other than statements of historical facts, that address events or developments that Orogen Royalties Inc. (the “Company”) expects to occur,
Slide 3: Project Summary
Project Summary • Untested cell of advanced argillic alteration centered on a rhyolite dome • Alteration indicative of steam- heating, implying a boiling zone and possible gold-silver mineralization at depth • Steam cap remains untested perhaps due to being mistaken as a barren extension of the peri
Slide 4: Location
Location • Project is thirteen kilometres northeast of Goldfield, Nevada (Historic Production of 4.2 Moz Gold and 1.5 Moz Silver) • One hundred kilometres northwest of the Silicon discovery • Sixty-seven claims located on BLM ground covering 5.6 km2 (560 Ha) • Easily accessible on dirt roads from Hi
Slide 5: Regional Geology
Regional Geology • Located in the Walker Lane trend, a 100 kilometre wide northwest oriented structural corridor containing many Tertiary epithermal gold deposits • Multiple historical and operating low and high sulphidation epithermal gold mines • Deposits are related to extensive Cenozoic magmatis
Slide 6: Exploration Methodology
Exploration • Advanced argillic alteration forms in multiple environments, some prospective for gold and some not Methodology • Orogen has spent the last ten years working on strategies to rapidly distinguish environment of formation based on alteration mineral assemblage, texture, morphology and as
Slide 7: Celts Geologic Overview
Celts Geologic Overview • A central, Tertiary rhyolite dome intrudes older basalts and rhyolites • Shallow level of erosion confirmed by presence of marginal tuff ring • Low sulfidation-style quartz vein textures with multi-gram gold values are peripheral to the alteration cell 7
Slide 8: Celts Alteration
Celts Alteration • Hymap Mineral Classification mapping identifies 800 metre diameter alunite and kaolinite cell developed on rhyolite dome • Alluvial cones of kaolinite occur below the central rhyolite dome complex • Peripheral illite associated with gold occurrences limited to felsic tuffs underly
Slide 9: Celts Alteration
Celts Alteration • Corroborated by field infrared spectra and constitutes a potential steam-heated alteration • Zones of fine-grained silica flooding • Alunite is fine-grained end- member potassium-alunite, and is associated with fine- grained kaolinite and opaline to chalcedonic silica • Alteration
Slide 10: Celts Alteration
Celts Alteration • Flow-banding in the rhyolite dome steepens towards a central north-south corridor • Likely the magmatic vent during dome formation • Correlate with strongest alunite indicating this corridor was a conduit for steam release from boiling fluids • Principal structural target for dril
Slide 11: Geochemistry - Gold
Celts Geochemistry - Gold • Anomalous gold in peripheral veins at low elevation (up to 33 g/t gold) confirms presence of metal-bearing hydrothermal system at depth • Gold-bearing zones are associated with clay assemblages which are indicative of uppermost levels of boiling in a hydrothermal system •
Slide 12: Target Concept
Target Concept • Low sulphidation-style gold mineralization beneath the steam- heated rhyolite dome • Model supported by peripheral gold occurrences at surface • Orogen envisions upward-flaring gold zones at depth beneath the advanced argillic alteration, similar to those observed in many classical
Slide 13: Silicon Analog
Silicon Analog Celts shares multiple similarities with AngloGold Ashanti’s recent Silicon discovery (Global resource of 4.2 million ounces of oxide gold1) S Gold oor Steam Cap Advanced 1. A strongly developed, Argillic gold-poor steam Argillic heated alteration cell that may overlie a boiling zone 2
Slide 14: Opportunity
Opportunity • Untested advanced argillic alteration cell on BLM land with possible low sulphidation epithermal mineralization at depth • Peripheral multi-gram gold with classic low sulphidation vein textures • Attractive location immediately next door to the high-grade, historic Goldfield district •
Slide 15: Contacts
Contacts Paddy Nicol President & CEO paddy@orogenroyalties.com Laurence Pryer Vice President Exploration laurence@orogenroyalties.com Eli Turner Project Geologist eli@orogenroyalties.com TSXV:OGN OTCQX:OGNRF orogenroyalties.com
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