Vox Royalty Corp Achieves Significant Results from Recent Exploration Across Its Portfolio of Royalty Assets
Of particular high note is the courtesy of the South Railroad Project, where an upcoming feasibility study is expected to include “considerably” more royalty reserve ounces.
Vox Royalty Corp provided an update on the operations of some of its royalty assets, prompting the company to reassess the likelihood of development of a few of the projects.
Of particular high note is the courtesy of the South Railroad project, where an upcoming feasibility study is expected to include “considerably” more royalty reserve ounces, according to Vox.
Vox has a 0.633% net smelter royalty with anticipated minimum royalty payments on part of the South Railroad project, which is owned by Gold Standard Ventures.
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Other highlights of the update include strong drill results from the Kookynie gold project owned by Genesis and high grade drill results from the Bulong project owned by Black Cat.
Drilling is also underway at Kookynie and the Bulgera project, owned by Norwest.
“The past month has been very productive for Vox’s operational partners, with significant exploration activity on 18 separate royalty assets,” CEO Riaan Esterhuizen said in the update.
“Active drilling on the South Railroad, Kookynie, Bulong and Bulgera gold projects continues to unlock value for Vox shareholders by reassessing the likelihood of development of these projects. It should be noted in particular that infill drilling at South Railroad and Bulong continues to support the medium term development plans of these exciting gold projects. “
Toronto-based Vox is a precious metals royalties and streaming company with a portfolio of more than 50 royalties and streams spanning eight jurisdictions.
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