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Llano del Nogal

PROPERTY:
Llano del Nogal
OPERATOR:
Riverside Resources Inc, BHP
LOCATION:
Sonora, Mexico
AOI (km²):
METAL:
Copper, Gold
ROYALTY:
1.0% production royalty + cash payments and Exploration Expenditure
ROYALTY:
STATUS:

Operator: Riverside Resources Inc, BHP https://www.rivres.com/

Overview

 Llano del Nogal displays evidence of an extensive, strong alteration system exposed over some 25 square kilometres.

History

On May 52022, Orogen announced it had signed an option agreement with Riverside Resources Inc (RRI) as part of the BHP Exploration agreement for the Llano del Nogal property, Sonora Mexico. Under the terms of the agreement Riverside can earn a 100% interest in Llano de Nogal by making cash payments totaling US$2.48 million and exploration expenditures of US$5 million over a six-year period.  Orogen will retain a 1% production royalty on Llano del Nogal.  Riverside will retain a ten-year buy-down right whereby 0.5% can be purchased for US$10 million.  

Recent Activities

https://www.orogenroyalties.com/news/orogen-royalties-options-llano-de-nogal-to-riverside-resources

https://www.rivres.com/news/2022-news/iversidexplorationgreementddslanoeogalopp20220505110503

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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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