Royalty 

Orogen holds a 1% NSR royalty on the six concessions covering the over 600 hectare Los Coyotes property owned and operated by Fresnillo plc https://www.fresnilloplc.com/ 

Project Overview and History 

The Los Coyotes claims are located approximately 180 kilometres northeast of Hermosillo in Sonora Mexico. The property lies within the prolific Laramide porphyry copper belt, between Mexico’s two largest copper mines, Cananea and La Caridad. and within the Sierra Madre Occidental Gold and Silver Belt proximal to multiple producing Eocene precious metal vein systems including the Santa Elena, Ermitaño, Las Chispas and Mercedes mines. 

Mineralization on the Los Coyotes property has been mapped in multiple sub parallel northeast striking sub-vertical mineralized structures and as replacements within a limestone unit interbedded within the Andesites. The mineralized structures, which can be traced across the property for over five kilometres, are undrilled but contain several historical workings. Channel sampling of these structures at surface has returned up to 1.4 metres at 6.81 grams per tonne (g/t) gold and 927 g/t silver. 

Mineralization is hosted within dacitic to andesitic composition volcanic rocks interpreted to be part of the Laramide-age Tarahumara Formation. 

Transaction Summary 

On August 5th, 2025 Orogen sold the Los Coyotes claims to Fresnillo Plc. To acquire a 100% interest in the Los Coyotes project, Fresnillo will pay Orogen US$118,000 on signing (received) and US$1 million on the commencement of commercial production. Orogen will retain a 1% net smelter return (“NSR”) royalty. 

Recent Exploration Activities

August 2025: https://orogenroyalties.com/news-releases/orogen-royalties-sells-the-los-coyotes-silver-gold-project-to-fresnillo/