Evrim Resources and Renaissance Gold have entered into an Arrangement Agreement to combine in a merger-of-equals transaction in which Evrim will acquire all of the outstanding common shares of Renaissance in an all-stock transaction to create a new royalty and prospect generator company to be named Orogen Royalties Inc.


Merging to create
an organic royalty generator

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Organically Generated Royalty Portfolio

Ermitaño West gold deposit in Sonora, Mexico (2% net smelter royalty (“NSR”)), being developed by First Majestic Silver Corp. and planned to be in production in 2021
Silicon gold project (1% NSR) in Nevada, USA, being advanced by AngloGold Ashanti 
Cumobabi project (1.5% NSR), adjacent to the Ermitaño property
Four precious metal exploration-stage projects in Argentina, each with a minimum 1% NSR

Financial Strength

Near term cash flow potential from the Ermitaño West Royalty and long-term growth potential provided by the Silicon Royalty
Proforma cash of $13.5 million as of May 31, 2020
Significant G&A cost reductions and operational synergies
Improved capital markets scale

Our Goal

At Evrim, we have been able to attract partnerships with top global mining companies, and as a result, we have evolved our own social and environmental standards. We have a shared commitment to safety, community engagement and care for the environment.


Exploration encounters a range of potential hazards. The most common risks at this stage are transportation related to and from an exploration program, drilling operations, field operations (slips, falls, forest fires, wildlife encounters), aircraft operations and security (depending on the jurisdiction).

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We strive to minimise our impact on the environment by exploring with minimal disturbance.


Evrim carries out progressive reclamation of surface disturbance activities such as the establishment of camps, drilling, trenching and access construction.


Drill sites are, to the extent possible, restored to their original contours and re-seeded to facilitate revegetation.


Disturbed sites are left free of refuse and re-seeded (where applicable) to encourage re-vegetation.

High class

Rehabilitated access roads are restored to their pre-existing condition and are re-seeded to encourage re-vegetation.  Erosion-prevention measures are installed on new access roads and are also re-seeded to encourage re-vegetation, unless local stakeholders prefer to keep the roads open for their own use.

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