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Maggie Creek

PROPERTY:
Maggie Creek
OPERATOR:
U.S. Gold Corp.
LOCATION:
Nevada, U.S.
AOI (km²):
METAL:
Gold
ROYALTY:
30% equity interest or 2.0% NSR royalty and cash payments
ROYALTY:
STATUS:

Operator: U.S. Gold Corp.

https://www.usgoldcorp.gold/properties/maggie-creek/overview

Overview

The Maggie Creek Project lies in the core of the Carlin Trend. The land position covers the north east projection of the Chukar-Alunite Fault Zone, which is mineralized at the Gold Quarry Mine. The property also covers the southeast projection of the Castle Reef Fault zone, which is mineralized at the Leeville Mine. Historical drilling has intersected gold mineralization in the upper plate of the Roberts Mountain Allochthon that ranges in grade from below detection limit to more than one gram innumerous drill holes. A window of lower plate carbonates is exposed in the core of the Orogen claim block. Gold mineralization in the window has been drilled at Newmont's Rainbow Deposit immediately south of Orogen’s land position.

History

On February 15, 2019, Orogen announced an earn-in agreement with U.S. Gold Corp. (“U.S. Gold”), where U.S. Gold can earn up to a 70% undivided interest in the property by spending US$4.5M over seven years to earn an initial 50% interest, followed by a one time “bump-up option” to increase its interest to 70% by producing a feasibility study by the end of the ninth year of the agreement.  

Recent Activities

https://www.usgoldcorp.gold/news-media/press-releases/detail/129/u-s-gold-corp-successfully-completes-2021-drilling-at

https://www.usgoldcorp.gold/news-media/press-releases/detail/121/u-s-gold-corp-announces-new-targets-for-upcoming

Technical Presentation PDF
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Technical Presentation
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1015 – 789 West Pender Street
Vancouver, BC, Canada V6C 1H2
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Headquarters
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Vancouver, BC
Canada V6B 1L8
Investor Relations
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© 2021 Orogen Royalties. All rights reserved.
Headquarters
1201 - 510 West Hastings Street
Vancouver, BC
Canada V6B 1L8
Investor Relations
(604) 248-8648
info@orogenroyalties.com
© 2021 Orogen Royalties
TSXV:OGN | OTCQX:OGNRF
© 2022 Orogen Royalties
TSXV:OGN | OTCQX:OGNRF