Seabridge, Orogen to acquire 100% interest in Southern Wyoming Slaughterhouse project
SA•Seabridge Gold and Orogen executed a purchase agreement for Seabridge to acquire a 100% interest in properties and data for the Slaughterhouse project in southern Wyoming. The project includes 163 U.S. mining claims and geophysical survey data; Orogen retains royalties of 2.5% on existing claims and 0.5%-1% on the broader area.
1. Purchase agreement
Seabridge Gold executed a purchase agreement with Orogen to acquire a 100% interest in the properties and data of the Slaughterhouse project in southern Wyoming. The project includes 163 U.S. mining claims and geophysical survey data.
2. Royalty terms
Orogen retains a 2.5% net smelter return royalty on existing claims and a 0.5%-1% royalty on the broader area.
