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Vox Provides Project Updates for Plutonic East, Bulong and Koolyanobbing, Including Timing Estimates for First Gold Production
TORONTO, ON / ACCESSWIRE / July 2, 2024 / Vox Royalty Corp. (TSX: VOXR )(NASDAQ: VOXR ) ...
About this update from Vox Royalty Corp
[{"type":"text","content":"Vox Provides Project Updates for Plutonic East, Bulong and Koolyanobbing, Including Timing Estimates for First Gold Production TORONTO, ON / ACCESSWIRE / July 2, 2024 / Vox Royalty Corp. (TSX:VOXR)(NASDAQ:VOXR) (\"Vox\" or the \"Company\"), a returns focused mining royalty company, is pleased to provide recent developments including production and timing updates from royalty operating partners Black Cat Syndicate Ltd. (\"Black Cat\"), Catalyst Metals Ltd. (\"Catalyst\") and Mineral Resources Ltd. (\"MinRes\").Riaan Esterhuizen, Executive Vice President - Australia, shared: \"We're excited to share that both the Plutonic East and Bulong gold royalties are expected to both be in production by Q1 2025, accelerated by a continued buoyancy in AUD gold prices. Black Cat has broken ground at the Bulong gold project this week and flagged first production for September 2024, with the royalty-linked Myhree and Boundary deposits planned to be mined and treated at the nearby Paddington facility. At the Plutonic East gold mine, Catalyst Metals has released a self-funded development restart plan and commenced dewatering of the underground workings ahead of expected first ore production in Q1 2025. These key developments highlight Vox's focus in identifying and acquiring royalties over projects on the cusp of production in some of the best mining jurisdictions globally.\"Key UpdatesBlack Cat announced that key site development activities have commenced at the Myhree Gold Project, following the recent announcement of turn-key contractor mining and third party tolling agreements, which is expected to result in royalty-linked ore being processed at the Paddington processing facility from September 2024 onwards;Catalyst announced that dewatering activities at the Plutonic East underground gold mine workings were underway and progressing ahead of schedule, ahead of anticipated first production in Q1 2025; andMinRes announced a decision to ramp down and cease operations at their Yilgarn Hub (including Koolyanobbing) by December 31, 2024, following the conclusion of a comprehensive evaluation.Bulong (Construction - Western Australia) - Commencement of Mining Development Activities at Myhree, First Production Expected in September 2024Vox holds an uncapped 1.0% net smelter royalty over key areas of the Bulong Mining Centre, part of the Kal East Gold P...