Over 7,700 metres of infill drilling also completed in H1-2026 at Navidad's Winter Vein with multiple significant gold and silver intercepts VANCOUVER, BC / ACCESS Newswire / June 30, 2026 / Orogen Royalties Inc. ("Orogen" or the "Company") (TSXV:OGN)(OTCQB:OGNNF) is pleased to announce that First Majestic Silver Corp. ("First Majestic"), operator of the producing gold-silver Santa Elena/Ermitaño mine, has received permits for portal construction for the Navidad deposit, where Orogen holds a cash-flowing 2% net smelter return ("NSR") royalty. Significant infill drilling results have also been reported on the Winter vein system that forms part of the Navidad deposit.1 Highlights1 First Majestic has committed an additional US$12 million to initiate the construction of portals for the Navidad and non-royalty Santo Niño deposits within the Santa Elena/Ermitaño mine complex The additional funding will provide underground access to both areas, support decline and ramp development, and advance hydrogeological studies Over 7,700 metres in ten holes of a planned 17,000 metre drilling program in 2026 has been completed at Navidad's Winter vein with the following highlight drill holes: EWUG-26-089 grading 23.59 grams per tonne ("g/t") gold and 359 g/t silver over 2.49 metres EWUG-26-091 grading 3.5 g/t gold and 28 g/t silver over 14.89 metres EWUG-26-088 grading 11.99 g/t gold and 358 g/t silver over 3.43 metres "Portal construction at Navidad represents an important development milestone at the Santa Elena/Ermitaño mine complex," commented Paddy Nicol, CEO of Orogen.
