Orogen Royalties Reports Robust Q1-2025 Profits and Expands Mineralization at Navidad

Orogen Royalties Inc. has announced profitable results for Q1-2025 with net income soaring to $1.8 million, a significant increase from $0.3 million in the same period of 2024. The company's royalty revenue reached $2.1 million, up from $1.5 million, despite a slight 2% decrease in gold equivalent ounces (GEOs) sold.

Additionally, recent drilling at the Navidad discovery, operated by First Majestic Silver Corp., has expanded the mineralized area beyond previous estimates. The discovery on the Ermitaño concession, where Orogen holds a 2% NSR royalty, promises enhanced resource potential with higher gold and silver grades identified.

Further, Orogen's cash flow from operations increased by 175% to $1.1 million, while working capital rose to $28.0 million. These gains underscore Orogen's strategic focus on organic royalty generation and expansion, maintaining a debt-free status. CEO Paddy Nicol emphasized the potential for prolonged mine life and revenue due to these developments.