Name and Partner
Orogen and a wholly owned subsidiary of South32 Limited are currently exploring for base metal targets in western North America.
Alliance Overview
The generative alliance is focused on the discovery of early-stage significant, intrusion-related base metal deposits in underexplored areas in western North America. In 2025, an initial $300,000 budget for generative exploration work to be funded by South32. Orogen will operate the Alliance on behalf of both parties and identify exploration targets for evaluation by the Alliance’s technical committee. South32 will bear all costs of the Alliance, including pre-Alliance target development and land acquisition.
Projects selected within the Alliance area of interest (Designated Project) will be subject to a five-year option agreement whereby South32 can earn a 100% interest in a Designated Project by funding $5 million in exploration expenditures and making milestone cash payments of $2 million. Orogen will retain up to a 2% net smelter return royalty, subject to a buydown of up to 0.5% for $5 million.
Recent Alliance Activities
Orogen and South 32 have identified an initial 600 square-kilometre target region and are completing a ZTEM survey in Q3 2025.