28 slides from Orogen Royalties Incorporation's technical presentation, Sep 16, 2026
Slide 1: New Exploration Assets
Fresh Ground, New Opportunities TSX.V: OGN OTCQX: OGNNF New Exploration orogenroyalties.com Assets PROJECT GENERATOR DAY – SEPTEMBER 16, 2026
Slide 2: Disclaimer, Notes & Disclosures
Disclaimer, Notes & Disclosures 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 (the "Company“) expects to occur, a
Slide 3: Technical Presenters
Technical Presenters Mark Coolbaugh Michael Say Laurence Pryer Colm Long PhD CPG M.Sc. PhD P.Geo B.Sc. Chief Geoscientist Senior Geologist VP Exploration Senior Geologist (Aurum Discovery) • Extensive experience in metals • Experienced in mineral • Experienced in early-stage • Multi-commodity experi
Slide 4: Our Available Projects
Our Available Projects Highlighted Projects PG Day 2026 CANADA TCS Other Available Projects Cibola Toro De Oro El Gigante Pasvik Hot Tip Pearl String 16 USA Serpent Two Peaks 5 NORWAY As of Sept. 9, 2026 4
Slide 5: Utah and Nevada Epithermal Portfolio
Utah and Nevada Epithermal Portfolio • Underexplored epithermal opportunities in Oligo-Miocene caldera complexes of Nevada and Utah • Nested caldera complexes play a first order role on the generation of world class epithermal systems with the scale of Arthur and Round Mountain • Multiple, large alt
Slide 6: Utah and Nevada Epithermal Portfolio
Utah and Nevada Epithermal Portfolio Simplified deposit model for low-sulphidation epithermal systems adapted from Buchanan (1981) 6
Slide 7: Toro de Oro
Toro de Oro Multi-kilometre steam heated alteration cell focused on extensive zone of alunite 7
Slide 8: Toro de Oro Overview
Toro de Oro Overview • Multi-kilometre, 2 by 1.5 square-kilometre core, open ended, steam-cap style alteration cell indicative of high-level epithermal deposits • Alteration footprint open-ended under colluvium and post mineral rhyolites • Well defined structural controls on alteration • Pathfinder
Slide 9: Toro de Oro Alteration
Toro de Oro Alteration • Anomalous mercury from identified structural zones, up to 3 ppm • Alunite zones and kaolinite crystallinity map feeder structures Cross Section Line • Abundant chalcedony veins define peripheries of alteration cell Feeder Structures L :Abundant chalcedony veins 9 R. Mercury
Slide 10: Toro de Oro Summary
Toro de Oro Summary • Well defined structural controls interpreted to represent feeders to the hydrothermal system • Observations consistent with the high-level expression of a steam cap centered above a prospective low-sulphidation epithermal system Schematic cross section illustrating the target c
Slide 11: El Gigante
El Gigante Swarm of undrilled, high-level, gold bearing low-sulphidation epithermal veins 11
Slide 12: El Gigante Geology
El Gigante Geology • Focused on two zones of low-sulphidation epithermal veins exposed on surface and a diffuse central zone of silicification and veining • El Gigante and El Gigantito zones feature multiple- metre-wide, 300-500 metres long veins within zones of sheeted quartz veining up to 35- metr
Slide 13: El Gigante Geochemistry
El Gigante Geochemistry • Initial sampling from vein exposures yield anomalous precious metal values including up to 101 ppb gold and 2.12 ppm silver • Additional assay results from 29 samples of the El Gigante and El Gigantito veins pending L: Gold in rocks from El Gigante R: Silver in rocks from E
Slide 14: El Gigante Vein Mineralogy
El Gigante Vein Mineralogy • Veins display saccharoidal quartz textures and wall rock alteration is smectite- silica dominant • Observed boiling textures are overprinted and flooded with a later silica event, evidence for multiple hydrothermal stages Overprinted, quartz after platy calcite, El Gigan
Slide 15: El Gigante Analog
El Gigante Analog • El Gigante shares strong similarities to First Majestic’s Ermitaño vein in Sonora, Mexico • Mostly “barren” quartz veins on surface (initial surface sampling at Ermitaño returned a maximum of 70 ppb gold) • Upper levels of boiling zone exposed on surface with massive saccharoidal
Slide 16: Serpent
Serpent Highly anomalous gold in district-scale, structurally controlled epithermal mineralization 16
Slide 17: Serpent Overview
Serpent Overview • Multi-kilometre kaolinite-dominant alteration cell with weak illite • Preliminary field work identified two kilometre long structural corridor and boiling at intersecting structural trends • Transitioning northeast along strike from gold-bearing boiling zone to high level mercury
Slide 18: Cobra Corridor
Cobra Corridor • Up to 0.95 g/t gold from “Boiling Zone” and 0.52 g/t gold along the intersecting NW “daughter” structural trend • Additional reconnaissance identified multiple intersecting NW and NE structural trends across the property Quartz after platy calcite in vein 0.95 g/t Au 0.52 g/t Au 0.4
Slide 19: District Potential
District Potential • Ant Hill occurs at structural intersection with rocks returning up to 0.4 g/t gold and 10.2 ppm mercury • Additional silicified structures identified to the north and south are awaiting assays Multi-metre wide silicified structure at Medusa • No evidence of drilling on the prope
Slide 20: Two Peaks
Two Peaks Hermosa analog, polymetallic skarn and CRD targets in the Laramide belt of Arizona 20
Slide 21: Two Peaks Geology
Two Peaks Geology • Centered on small-scale porphyry occurrence and historically mined skarn deposit • Host rocks include a thick package of Paleozoic carbonates • Marble front extends over a kilometre east of the central stock • Structural corridor with local base-metal veins and breccia developmen
Slide 22: Two Peaks Targets
Two Peaks Targets • Anomalous base metals identified up to two kilometres outboard of the intrusive centre • Potential indicators of a preserved and concealed CRD and skarn system never tested by modern geophysics or drilling W Looking North E Schematic cross section displaying the target concept at
Slide 23: Pasvik
Pasvik Orogenic gold target in the underexplored greenstone belts of northern Norway 23
Slide 24: Pasvik Regional Location
Inset Pasvik Regional Location Pasvik • Underexplored Paleoproterozoic Greenstone belt • Part of the Northern Transfennoscandian belt • Unconformably overlying Archean basement to the north • South Pasvik Thrust Zone (SPTZ) to the south • Recent consolidation of the Central Lapland and Kittilä belt
Slide 25: Pasvik Geology
Pasvik Geology • Project is focussed on twenty kilometres strike of the South Pasvik Thrust Zone and a sequence of greenstones • Gold first discovered at Gjedde Lake in 1993 during Nickel exploration • Sporadic exploration defined numerous gold targets mostly based on regional till geochemistry Gold
Slide 26: Pasvik Geophysics and Structure
Pasvik Geophysics and Structure • Gold zones appear to be developed within a series of folds • Limited historical drilling returned up to 22 metres at 0.82 g/t gold from a transverse fault system • Significant untested regional targets Right: RTP TMI magnetics of the Gjedde Lake, Skogum and Elgbekke
Slide 27: Overview and what's next
Overview and what’s next Five projects reviewed today • Available for option or sale Additional partnership opportunities • Gold, copper and base-metal projects across Canada and the USA More assets in development • Additional opportunities coming forward To learn more please reach out to our techni
Slide 28: Questions?
Questions? OROGEN