08:39 AM EDT, 09/11/2025 (MT Newswires) -- OR Royalties ( OR ) reported Thursday positive updates on some of its assets.

SolGold continues to advance the Cascabel project in Ecuador, with first production scheduled as early as 2028. A project execution plan has been delivered while work continues on an environmental impact assessment, OR said.

OR's interest in Cascabel include a 0.6% net smelter royalty and a 6% stream of contained gold from the project.

Meanwhile, Osisko Development ( ODV ) has secured a $450 million project loan credit facility from a fund advised by Appian Capital Advisory to develop the Cariboo gold project in British Columbia.

A recently completed optimized feasibility study outlined a single-phase construction period for Cariboo. First gold production could come as early as the second half of 2027 if construction commences in the second half of 2025, OR said.

Marimaca Copper ( MARIF ) released the results of a definitive feasibility study for the Marimaca oxide deposit in Chile. The study outlined a steady-state production of about 49,000 tonnes per annum of of Grade A LME copper cathode. OR owns a 1% NSR royalty on Marimaca.

OR also released development updates on Waterton Mining's Spring Valley project in Nevada, Ramelius Resources' Dalgaranga project in Australia, Gold Fields' Windfall project in Canada, South32's Hermosa project in Arizona and TDG Gold (TDG.V)'s AuWEST in British Columbia.

"OR Royalties ( OR ) is expecting several more material portfolio growth catalysts to surface throughout the remainder of the 2025 year as positive progress continues to materialize thanks to the hard work and ongoing dedication of our operating counterparties," President and Chief Executive Officer Jason Attew said.