Orogen Royalties Inc (CVE:OGN) said Daniel Pace had become vice-president (VP) of exploration at the western North America-focused company, replacing Dave Groves, who is retiring.
Before Orogen, geology graduate Pace was the exploration manager at Renaissance Gold working in Nevada and the western US where he was instrumental to several project acquisitions including the Silicon project. He also consulted for major Barrick Gold and helped with the drill program that defined the Redbird deposit as well as other exploration programs throughout the Bald Mountain district.
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"We are very excited that Dan has accepted this responsibility at Orogen," said Orogen's CEO Paddy Nicol in a statement. "Dan has demonstrated great passion for generative mineral exploration, and we are eager to work with him on growing Orogen's property and royalty portfolio. We would also like to thank Mr Groves for his technical leadership and experience and look forward to working with him in a consulting capacity going forward."
Orogen is focused on precious and base metal discoveries in western North America with a focus on organic royalty creation and royalty acquisitions.
Its portfolio includes the Ermitaño West gold deposit in Sonora, Mexico, where it has a 2% net smelter return royalty (NSR), and which is being developed by First Majestic Silver Corp (TSE:FR). It also has a 1% NSR on the Silicon gold project in Nevada, which is being advanced by AngloGold Ashanti N.A (JSE;ANG)
The company is well-financed with several projects actively being developed by joint venture partners.
Contact the author at giles@proactiveinvestors.com
