Phase One Drill Sites On Main Silicon Area Approved

VANCOUVER - Orogen Royalties Inc. reported on the Silicon project, located in the Bare Mountain district in Nevada. Orogen holds a 1% net smelter return royalty (NSR).  Property owner AngloGold Ashanti, N.A. has recently received approval of their Plan of Operations permit allowing 155 acres of additional surface disturbance with 109 approved Phase One drill sites on the main Silicon area.

Paddy Nicol, CEO, said, "These results are exciting and have potentially meaningful implications for Orogen's royalty on the Silicon project. The drill holes are located approximately 1,500 meters from the southern extent of AngloGold's drilling on the main Silicon area. The intervening Silicon ground, which has yet to be drill-tested, holds potential for similar oxide gold intercepts."