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Ecru

PROPERTY:
Ecru
OPERATOR:
Moneghetti Minerals Limited
LOCATION:
Nevada, U.S.
AOI (km²):
METAL:
Gold
ROYALTY:
2.0% NSR royalty + cash payments and exploration expenditures
ROYALTY:
STATUS:

Operator: Moneghetti Minerals Limited

https://www.moneghettiminerals.com/project/ecru/

Overview:

The Ecru project is located in Nevada and features a Carlin-type sediment hosted gold prospect in the Cortez area of the Battle Mountain-Eureka Trend. The Ecru project area is underlain by upper plate siliciclastic rocks of the Vinini Formation and quaternary alluvium and as such is a blind target with prospective Carlin target mineralization at depth. A large gravity high interpreted to be an upthrown block of lower plate carbonates occurs in the northeast portion of the project. Two core holes were drilled by S2 in 2018 using gravity and AMT to target Carlin-style mineralization hosted in lower plate carbonate rocks. Neither hole penetrated the target stratigraphy, but one hole did intersect significant gold mineralization up to 3.4 grams per tonne gold in upper plate rocks with a geochemical signature very similar to the adjacent Robertson project.

History

On March 8, 2021, Orogen signed an agreement with Moneghetti Minerals Limited (“Moneghetti”), to option the Ecru gold project.  Moneghetti can acquire a 100% interest in Ecru by making cash payments of US$2.5 million, work expenditures of US$5.0 million over a six-year period, and granting a 2.0%  NSR royalty to Orogen.

Recent Activities

https://www.orogenroyalties.com/news/orogen-royalties-options-the-ecru-project-to-moneghetti-minerals

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Technical Presentation
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Headquarters
1201 - 510 West Hastings Street
Vancouver, BC
Canada V6B 1L8
Investor Relations
(604) 248-8648
info@orogenroyalties.com
© 2021 Orogen Royalties
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