Orogen Royalties Incorporation · TSXV:OGN
Orogen Royalties Incorporation — Orogen Royalties — Technical Presentation (December 2022)
17 slides from Orogen Royalties Incorporation's technical presentation, December 2022
Slide 1: Cuprite: Steam Heated Alteration Cell in the Walker Lane
Cuprite STEAM HEATED ALTERATION CELL IN THE WALKER LANE A DIRECT SILICON ANALOG T E C H N I C A L P R E S E N TAT I O N December 2022 WWW.OROGENROYALTIES.COM TSX.V:OGN
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 • One of the largest steam-heated cells in the Residual Silica from Cuprite Walker Lane • Generally gold poor at surface although a 1907 reference to gold-bearing veins in Tertiary rhyolites on the northeastern end of the district • Alteration vectors into the eastern margin where th
Slide 4: Location
Location • 264 claims located on BLM ground covering 21.7 km2 (2170 Ha) • Project is 14 kilometres south of Goldfield, Nevada (Historic Production of 4.2 Moz Gold and 1.5 Moz Silver) • Eighty kilometres northwest of Silicon discovery
Slide 5: Regional Geology
Regional Geology • Located in the Walker Lane a 100 km wide northwest trending zone of dextral shear and transtension extending over 800km across southern Nevada • Walker Lane contains many precious metal bearing Miocene epithermal deposits • Deposits are related to extensive Cenozoic magmatism • Lo
Slide 6: Exploration Methodology
Exploration Methodology • Advanced Argillic alteration forms in multiple environments, some prospective for gold and some not • Orogen have spent the last 5 years working on strategies to rapidly distinguish environment of formation based on mineral assemblage, texture, morphology and associated geo
Slide 7: Geological Overview
Geological Overview • Large, steam heated alteration cell at least 20 km2 in size and open ended to the east and south • Cell is split by the approximately north south Highway 95. Western cell is developed over Cambrian basement. Eastern cell is developed over Miocene and Oligocene tuffs • Hydrother
Slide 8: Cuprite Project
Cuprite Project • Eastern cell is principal focus of Orogen’s exploration efforts • Gold poor at surface. Prospected and mined for silica, sulfur, mercury and clay • Tested by eight historic drill holes penetrating over 300 metres of altered tertiary volcanics • Volcanic host rocks thicken to the ea
Slide 9: Cuprite Alteration
Cuprite Alteration • Late Miocene advanced argillic alteration intensity increases eastward towards shallow gravel cover • Cinnabar (see next slide), residual silica and powdery silica all observed at the eastern margin of the alteration cell • Spectral alteration zones confirmed with field checks •
Slide 10: Cuprite Geochemistry
Cuprite Geochemistry • No known gold anomalism at surface • Historic soil geochemistry outlines large mercury anomaly • Mercury anomalism remains strong to limit of outcrop • Mercury anomalism supported by cinnabar located on the eastern margin of the steam heated cell and small historic mercury wor
Slide 11: Principal Target
Principal Target • Primary gold target is represented by a series of faults – potential feeder structures – concealed beneath shallow gravel deposits at the eastern margin of the Cuprite alteration zone • Shallow steam cap formed by westerly migrating fluids focused by westward rising volcanic strat
Slide 12: Silicon Analog
Silicon Analog Cuprite structural setting shares multiple similarities with the recent Silicon discovery (Inferred resource of 3.37 million ounces of oxide gold) 1. An extensive, strongly developed, gold-poor steam heated alteration zone 2. Anomalous mercury and cinnabar 3. Association with slab-win
Slide 13: Silicon Analog
Silicon Analog Powdery silica from shallow drilling at Silicon Central Gold-pyrite mineralization downhole at Silicon Central
Slide 14: Silicon Analog
Silicon Analog Silica Pit at Cuprite Silica Pit at Silicon Central
Slide 15: Silicon Analog
Silicon Analog SILICON CENTRAL CUPRITE REGIONAL SETTING Walker Lane Walker Lane Slab Window Calderas Slab Window Calderas ASSOCIATED INTRUSIVE Multi-kilometre steam-heated cap Multi-kilometre steam-heated cap ALTERATION HISTORIC MINERAL Silica, Mercury Silica, Mercury, Sulfur, Clay OCCURRENCES Miner
Slide 16: Opportunity
Opportunity • Large, untested, district-scale play • One of the largest steam-heated cells in the Walker Lane. Open-ended to the east and south • Alteration vectors into the eastern margin where the cell is covered by shallow gravel deposits • Favorably oriented fault on the eastern margin represent
Slide 17: Contact
Contact Paddy Nicol President & CEO [email protected] Laurence Pryer Vice President Exploration [email protected] Eli Turner Project Geologist [email protected] TSX.V:OGN OROGENROYALTIES.COM [email protected]
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