Shanta Gold Limited
Kakamega County, Kenya
AOI (km2):
3.0% Royalty
Rosterman location map

Royalty Summary

Orogen holds a 3% net smelter royalty on the Rosterman licenses located in Kakamega county, Kenya owned and operated by Shanta Gold Limited. The Rosterman license is within Shanta Gold’s larger West Kenya project:

Project Overview and History

The West Kenya Gold project covers the Liranda Corridor, a structural zone within the northern-most greenstone belt in the Lake Victoria Goldfields. The property contains the Isulu and Bushiangala deposits where Shanta Gold have defined Indicated resources of 722 Koz gold grading 11.45 g/t within a global resource of 1,285 Koz gold grading 10.6 g/t.

The Rosterman license lies approximately eight kilometres north of the Isulu and Bushiangala deposits and contains the historical Rosterman Mine where approximately 250,000 ounces of gold grading 12.3 g/t were produced from shallow dipping quartz veins hosted within diorite. An interpreted splay fault travels northeast from the mine and coincides with a coherent gold soil anomaly extending over 1.8 kilometres.  The extensive and strong soil geochemistry appears to be related to the historical Rosterman Mine and defines an attractive drill target.

Transaction Summary

In June 2022, Orogen acquired a 3% net smelt royalty on the Rosterman license as part of a three-royalty package purchased from Advance Lithium Corp for US $120,000 and a 100% of the Sarape Gold project.

Recent Activities

May 2023:

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July 2022:

June 2022: