Orogen Royalties Inc. announced it has signed a purchase and sale agreement (the "Agreement") with Gold Plata Mineral Investments Corp. ("Gold Plata"), to acquire a 1% net smelter return ("NSR") royalty interest in the La Rica copper-gold project in northern Colombia. Highlights: La Rica is a 160 square-kilometre land package located in the Mande Batholith, the northernmost segment of the prolific Andean copper belt that extends from Chile through to Panama; The royalty Area of Interest ("AOI") contains at least four undrilled copper-gold porphyry targets within a fifteen kilometre long trend of anomalous copper geochemistry on the western margin of the Mande Batholith; La Rica contains outcropping chalcopyrite, bornite and gold mineralization related to potassically altered quartz diorite porphyries; The namesake La Rica zone is defined by 118 samples taken over a 600 metre by 500 metre area averaging 0.76% copper and 0.47 g/t gold; La Rica is currently held by a private exploration company ("Private Company") with land holdings in Colombia.
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5-day change | 1st Jan Change | ||
1.11 CAD | -0.89% |
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-0.89% | +73.44% |
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+73.44% | 164M | |
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-9.98% | 115B | |
+2.32% | 75.19B | |
+13.53% | 45.91B | |
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+24.02% | 37.97B | |
+117.88% | 35.06B | |
+22.73% | 26.15B | |
+83.27% | 21.05B |
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