Royalty
Orogen holds a 1% NSR royalty 1% NSR with the right to buy another 0.25% for $500,000 on the 26 square-kilometre Camelot project (formerly Lemon Lake) owned and operated by Prospect Ridge Resources Corp: https://prospectridgeresources.com/

Project Overview and History

The Camelot property is located within the Quesnel belt of calc-alkaline copper and alkaline copper-gold porphyry systems. The property contains a multiphase pluton zoning from monzonite to gabbro. Historic work has outlined a coincident copper in soil anomaly, magnetic high and chargeability anomaly developed over an area of mapped potassic monzonite. Historic drilling on the edge of the monzonite intersected 21.3 metres of 0.25 % copper with no gold assays. The coincident geophysical and geochemical target is permitted for drilling and has not been historically tested.

Transaction Summary

In August 2025, Orogen announced the sale of the Camelot property to Prospect Ridge Resources Corp for a total consideration of $200,000 payable in cash or shares. Orogen will retain a 1% NSR royalty on the project and the right to acquire an additional 0.25% NSR royalty subject to an underlying agreement for $500,000.

Recent Exploration Activities

Prospect Ridge plan to drill the Camelot property in 2025.