# OR Royalties Announces Acquisition of a Portfolio of Royalty Assets Including a 1.5% NSR Royalty on Buenaventura's Producing San Gabriel Mine Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/or-royalties-announces-acquisition-of-a-portfolio-of-royalty-assets-including-a--12f06322-6807-4d39-b204-deca63413945 Original source: https://money.tmx.com/en/quote/OR/news/7674763985846745/or-royalties-announces-acquisition-of-a-portfolio-of-royalty-assets-including-a- Publisher: tmx Original announcement: 2026-02-18T21:28:58.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: OR Royalties Inc. - Ticker: OR - Exchange: TSX - Region: Peru - Primary commodity: Gold - Secondary commodities: Silver, Copper - Document categories: Drill results, Agreement transaction, Resource update - Extracted: 2026-09-18 15:03:59 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary OR Royalties Inc. has entered into a definitive agreement to acquire a portfolio of eight royalty assets from Gold Fields Limited for $115 million. The transaction is anchored by a 1.5% NSR royalty on the producing San Gabriel gold and silver mine in Peru and includes various development and exploration assets in Australia and Canada. Reasoning: Strategic acquisition of a diverse royalty portfolio that provides both immediate cash flow and long-term growth potential. - Positive factor: Acquisition of high-quality portfolio of 8 royalties - Positive factor: Immediate addition of GEOs and cash flow from producing San Gabriel mine - Positive factor: Significant growth in expected GEO deliveries \(50% over 2026-2030\) - Positive factor: Exposure to Tier-1 jurisdictions including Canada, Australia, and Peru Facts used in scoring: 8 ## Classification and evidence **agreement\_transaction** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The document announces a definitive agreement to acquire a portfolio of royalty assets for $115 million. Evidence · text > entered into a definitive agreement with affiliates of Gold Fields Limited \(“Gold Fields”\) to acquire a high-quality portfolio of precious metals assets ## Extracted facts Stored fact records: 8. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### HHH [Link to this fact](https://atlas-extractions.minestarters.com/news/or-royalties-announces-acquisition-of-a-portfolio-of-royalty-assets-including-a--12f06322-6807-4d39-b204-deca63413945#fact-drill-facts-2) Paris · gold #### Identity - Hole ID: HHH - Project: Paris - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: OR #### Geometry - Grade: 15.2 - Grade Unit: g/t - Intercept: 5 m - From: 114 m - To: 119 m - Intercept Depth: 114 m #### Classification - Sample Type: drill - Group ID: HHH:114-119 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-18T00:00:00.000Z Reasoning: High grade intercept reported at HHH within the Paris project. - Positive factor: High grade intercept Evidence · text > 5.0 meters \(“m”\) of 15.2 g/t Au at 114.0 m vertical depth at HHH #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Paris Main [Link to this fact](https://atlas-extractions.minestarters.com/news/or-royalties-announces-acquisition-of-a-portfolio-of-royalty-assets-including-a--12f06322-6807-4d39-b204-deca63413945#fact-drill-facts-3) Paris · gold #### Identity - Hole ID: Paris Main - Project: Paris - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: OR #### Geometry - Grade: 6.2 - Grade Unit: g/t - Intercept: 12 m - From: 418 m - To: 430 m - Intercept Depth: 418 m #### Classification - Sample Type: drill - Group ID: Paris Main:418-430 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-18T00:00:00.000Z Reasoning: Grade intercept reported at Paris Main. - Positive factor: Solid grade intercept Evidence · text > 12.0 m of 6.2 g/t Au at 418.0 m vertical depth at Paris Main #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Paris Main [Link to this fact](https://atlas-extractions.minestarters.com/news/or-royalties-announces-acquisition-of-a-portfolio-of-royalty-assets-including-a--12f06322-6807-4d39-b204-deca63413945#fact-drill-facts-4) Paris · gold #### Identity - Hole ID: Paris Main - Project: Paris - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: OR #### Geometry - Grade: 7.1 - Grade Unit: g/t - Intercept: 6 m - From: 233 m - To: 239 m - Intercept Depth: 233 m #### Classification - Sample Type: drill - Group ID: Paris Main:233-239 #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-18T00:00:00.000Z Reasoning: Grade intercept reported at Paris Main. - Positive factor: Solid grade intercept Evidence · text > 6.0 m of 7.1 g/t Au at 233.0 m vertical depth at Paris Main #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/or-royalties-announces-acquisition-of-a-portfolio-of-royalty-assets-including-a--12f06322-6807-4d39-b204-deca63413945#fact-drill-facts-5) JOY · gold Needs review: drill\_no\_hole\_id #### Identity - Project: JOY - Commodity: gold - Region: canada\_bc - Reported Region: canada\_bc - Ticker: OR #### Geometry - Grade: 3.09 - Grade Unit: g/t - Intercept: 108 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-18T00:00:00.000Z Reasoning: Initial discovery hole for the AuRORA discovery. - Positive factor: Discovery hole with multiple metals Evidence · text > 108 m of 3.09 g/t Au, 0.82% Cu and 9 g/t Ag #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 5 [Link to this fact](https://atlas-extractions.minestarters.com/news/or-royalties-announces-acquisition-of-a-portfolio-of-royalty-assets-including-a--12f06322-6807-4d39-b204-deca63413945#fact-drill-facts-6) JOY · copper Needs review: drill\_no\_hole\_id #### Identity - Project: JOY - Commodity: copper - Region: canada\_bc - Reported Region: canada\_bc - Ticker: OR #### Geometry - Grade: 0.82 - Grade Unit: % - Intercept: 108 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-18T00:00:00.000Z Reasoning: Initial discovery hole for the AuRORA discovery. - Positive factor: Discovery hole with multiple metals Evidence · text > 108 m of 3.09 g/t Au, 0.82% Cu and 9 g/t Ag #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 6 [Link to this fact](https://atlas-extractions.minestarters.com/news/or-royalties-announces-acquisition-of-a-portfolio-of-royalty-assets-including-a--12f06322-6807-4d39-b204-deca63413945#fact-drill-facts-7) JOY · silver Needs review: drill\_no\_hole\_id #### Identity - Project: JOY - Commodity: silver - Region: canada\_bc - Reported Region: canada\_bc - Ticker: OR #### Geometry - Grade: 9 - Grade Unit: g/t - Intercept: 108 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-18T00:00:00.000Z Reasoning: Initial discovery hole for the AuRORA discovery. - Positive factor: Discovery hole with multiple metals Evidence · text > 108 m of 3.09 g/t Au, 0.82% Cu and 9 g/t Ag #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## Resource Estimates (2) ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/or-royalties-announces-acquisition-of-a-portfolio-of-royalty-assets-including-a--12f06322-6807-4d39-b204-deca63413945#fact-resource-facts-0) San Gabriel · gold Historical result Needs review: historical\_restatement #### Identity - Project: San Gabriel - Commodity: gold - Region: peru - Reported Region: Peru - Ticker: OR #### Resource scope - Estimate type: reserve - Resource group id: resource:8fe3e3819a948f3ac4e1 - Mining method: underground - Material type: sulphide #### Resource Data - Category: probable - Tonnes: 15300000 - Grade: 3.71 - Grade Unit: g/t - Contained Metal: 1.8 - Contained Unit: moz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-04-23T00:00:00.000Z #### Dates - Event date: 2026-02-18T00:00:00.000Z Reasoning: Reporting of existing reserves at San Gabriel mine as part of the transaction context. - Positive factor: Significant reserves reported - Positive factor: Long mine life Evidence · text > total underground San Gabriel Proven and Probable Mineral Reserves are estimated to be 15.3 million tonnes \(“Mt”\) at average grades of 3.71 g/t gold \(“Au”\) and 6.32 g/t silver \(“Ag”\), containing 1.8 million ounces \(“Moz”\) of Au and 3.1 Moz of Ag #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/or-royalties-announces-acquisition-of-a-portfolio-of-royalty-assets-including-a--12f06322-6807-4d39-b204-deca63413945#fact-resource-facts-1) San Gabriel · silver Historical result Needs review: historical\_restatement #### Identity - Project: San Gabriel - Commodity: silver - Region: peru - Reported Region: Peru - Ticker: OR #### Resource scope - Estimate type: reserve - Resource group id: resource:8fe3e3819a948f3ac4e1 - Mining method: underground - Material type: sulphide #### Resource Data - Category: probable - Tonnes: 15300000 - Grade: 6.32 - Grade Unit: g/t - Contained Metal: 3.1 - Contained Unit: moz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-04-23T00:00:00.000Z #### Dates - Event date: 2026-02-18T00:00:00.000Z Reasoning: Reporting of existing reserves at San Gabriel mine as part of the transaction context. - Positive factor: Significant reserves reported Evidence · text > total underground San Gabriel Proven and Probable Mineral Reserves are estimated to be 15.3 million tonnes \(“Mt”\) at average grades of 3.71 g/t gold \(“Au”\) and 6.32 g/t silver \(“Ag”\), containing 1.8 million ounces \(“Moz”\) of Au and 3.1 Moz of Ag #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.