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Vox Provides Development and Exploration Updates
TORONTO, ON / ACCESSWIRE / March 5, 2024 / Vox Royalty Corp. (TSX:VOXR) (NASDAQ:VOXR) (" ...
About this update from Vox Royalty Corp
[{"type":"text","content":"Vox Provides Development and Exploration Updates TORONTO, ON / ACCESSWIRE / March 5, 2024 / Vox Royalty Corp. (TSX:VOXR)(NASDAQ:VOXR) (\"Vox\" or the \"Company\"), a returns focused mining royalty company, is pleased to provide recent development and exploration updates from its royalty operating partners. Key royalty project updates were sourced from Kalamazoo Resources Limited (\"Kalamazoo\"), Silver Mines Limited (\"Silver Mines\") and Orla Mining Ltd. (\"Orla\") public disclosures.Spencer Cole, Chief Investment Officer of Vox stated: \"The past few months have seen major development catalysts for key Vox precious metals growth royalties in Australia and the USA, particularly through project ownership options or changes to larger operators (+$1B market cap). These ownership adjustments have the potential to fast-track both the 1.4Moz Ashburton and +300Koz Bruno-Lewis gold projects towards production through consolidated production hubs. In addition to ownership adjustments, meaningful exploration and development work programs have been completed, which underpin Vox management's confidence around near-term construction and mining decisions.\"Key UpdatesKalamazoo and De Grey Mining Limited (\"De Grey\") entered into an option agreement for De Grey to acquire the past-producing Ashburton Gold Project for total consideration of A$33M, with potential to truck a high-grade Ashburton gold concentrate to De Grey's Hemi plant;Silver Mines completed a A$10M capital raise, and earlier announced key Bowdens catalysts for 2024, which include an optimisation study and final investment decision, expected in mid-2024, with potential development commencement in late 2024;Orla announced a C$20M work program for the South Railroad gold project in Nevada in 2024 and completed the first full year of exploration following its corporate acquisition of Gold Standard Ventures Corp. in August 2022; andGenesis Minerals Limited (\"Genesis\") acquired the Bruno-Lewis and Raeside gold deposits from Kin Mining NL (\"Kin Mining\"), which make up a large portion of the Cardinia Gold Project, as a potential source of supplemental feed for the restart of the idled Laverton mill.Ashburton (Development - Western Australia) - Option Agreement with De Grey Mining LimitedVox holds a 1.75% GRR above 250koz of cumulative production.On February 6, 2024, Kalamazoo anno...