Seabridge Gold buys Orogen’s Slaughterhouse Project in Wyoming for US$300,000
SA•Seabridge Gold agreed to acquire Orogen Royalties’ Slaughterhouse Project in southern Wyoming for US$300,000 upfront, with up to US$2.55 million in milestone payments. The deal covers a 100% interest in 163 mining claims and exploration data, while Orogen retains a 2.5% net smelter return royalty on existing claims, subject to a partial buy-down.
1. Deal terms
Seabridge Gold signed an agreement to buy Orogen Royalties’ Slaughterhouse Project in southern Wyoming, which is being explored for gold, copper and critical minerals. The transaction covers a 100% project interest, including 163 mining claims and exploration data, for US$300,000 upfront and up to US$2.55 million in milestone payments tied to specified exploration goals. Orogen retains a 2.5% net smelter return royalty on existing claims, subject to a partial buy-down.
