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Manhattan Gap

PROPERTY:
Manhattan Gap
OPERATOR:
Stampede Metals Corp.
LOCATION:
Nevada, U.S.
AOI (km²):
METAL:
Copper
ROYALTY:
1.5% NSR royalty + cash payments and shares in Stampede Metals
ROYALTY:
STATUS:

Operator: Stampede Metals Corp.

https://www.stampedemetals.com/

Overview:

The Manhattan Gap project is a porphyry and polymetallic carbonate replacement target located in the historic Pioche mining district in Lincoln County, Nevada.  Multiple target areas exist in the district associated with a large zoned Cretaceous porphyry system that has been tilted and dismembered by post-mineral faulting.  By combining Orogen’s 8.2 square kilometre land package with Stampede Metals’ 8.5 square kilometre land package, the project can be explored effectively as a unified district-scale project.

History

On April 27, 2021, Orogen signed an option agreement with Stampede Metals Corp. (“Stampede”), a private Nevada company, whereby Stampede can acquire a 100% interest in the Manhattan Gap porphyry/polymetallic carbonate replacement project in eastern Nevada, USA.  To earn a 100% interest in Manhattan Gap, Stampede will make a cash payment of US$18,243, issue 7.5% of Stampede shares (approximately US$158,000 in value), incur up to 7,500 metres of drilling over a six-year period, and grant to Orogen a 1.5% NSR royalty.

Recent Activities

https://www.orogenroyalties.com/news/orogen-options-manhattan-gap-to-stampede-metals

Technical Presentation PDF
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Technical Presentation
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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
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