Orogen Royalties Acquires New Epithermal Gold-Silver Target

VANCOUVER - Orogen Royalties Inc. reported the acquisition of the Celts epithermal gold-silver project in the Walker Lane, Nevada.

Celts Project is an untested advanced argillic alteration cell overlying possible epithermal gold mineralization at depth. There is alteration indicative of steam-heating, implying a boiling zone and possible gold-silver mineralization hidden below the surface. Celts has been acquired through staking on Bureau of Land Management (BLM) ground under the Altius Minerals Corp. Exploration Alliance.

"Orogen's technical team have spent several years refining proprietary techniques to distinguish environments of alteration formation based on mineral assemblages, textures, morphologies, and associated geochemistry," said Laurence Pryer, VP of Exploration. It is the same methodology that helped identify the Silicon project. At Celts, evidence suggests advanced argillic alteration produced by steam heating vectors towards boiling zones and possible low-sulfidation mineralization at depth. The project is an underexplored opportunity and represents an undrilled Silicon-style target."

The 560 hectare Celts project is located in southeastern Nevada, thirteen kilometers northeast of Goldfield within the Walker Lane gold and silver trend. The claims are located on road accessible BLM-managed ground.