Orogen Royalties' Exploration Stage Projects and Royalties Update and 2026 Outlook

About this update from Orogen Royalties Incorporation

VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / January 26, 2026 / (TSXV:OGN)(OTCQB:OGNNF) Orogen Royalties Inc. ("Orogen" or the "Company") is pleased to announce updates for its partner funded exploration stage projects and royalties and an outlook for the year ahead. 2025 Highlights 2026 Outlook Paddy Nicol, CEO of Orogen, commented, "Orogen's prospect generation business reached an all time high in 2025 for expenditure on early-stage generative exploration by alliance partners, exploration drilling metres, and with two new mineral resource estimates on First Majestic's Navidad/Winter Veins and Kodiak Copper's MPD South project. For 2026, we anticipate updates on resources at Ermitano as well as over 40,000 metres of exploration drilling on partnered/royalty projects. Alliance activity is anticipated to remain robust, driven by generative work funded by Altius Minerals, Triple Flag Precious Metals, and South32." Exploration Asset and Royalty Portfolio Update and Outlook i. Ermitaño epithermal gold-silver mine, Sonora, Mexico. First Majestic Silver Corp. ("First Majestic") completed 21,319 metres of drilling aimed at resource conversion and expansion at the Navidad/Winter vein targets and the Luna area. Metallurgy and internal scoping level studies were also completed. A new mineral resource estimate for the Ermitaño Mine, including Navidad, Winter and Luna, is expected in Q1-2026.1.2 Orogen holds a cash-flowing 2% NSR royalty on the producing Ermitaño Mine and the surrounding 167 square kilometres of prospective ground. ii. MPD South copper-gold porphyry deposit, British Columbia, Canada. Kodiak Copper Corp. (TSX.V:KDK) ("Kodiak") completed 5,001 metres of drilling focused on the West, Adit and South zones at the MPD South property3 in support of an initial Mineral Resource Estimate containing:4,5,6 Orogen holds an equity interest in Kodiak and a 2% NSR royalty on the MPD South project, subject to a 0.5% buydown for $2 million. iii. HWY 37 (Ball Creek East, Ball Creek West, and Hank claims) copper-gold porphyry project, British Columbia, Canada. Kingfisher Metals Inc. (TSX.V. KFR) ("Kingfisher") completed 7,630 metres of drilling in eleven holes on the Hank claims in 2025. Assay highlights include: 6,7,8,9 Drill hole HW-25-011 intercepted the periphery of a previously undrilled por...

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