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Vox Royalty Notes Development Decision at The Horseshoe Lights Project and Provides Western Australia Gold Market Update
DENVER, COLORADO / ACCESS Newswire / June 23, 2025 / Vox Royalty Corp. (TSX: VOXR )(NASDA...
About this update from Vox Royalty Corp
[{"type":"text","content":"Vox Royalty Notes Development Decision at The Horseshoe Lights Project and Provides Western Australia Gold Market UpdateDENVER, COLORADO / ACCESS Newswire / June 23, 2025 / Vox Royalty Corp. (TSX:VOXR)(NASDAQ:VOXR) (\"Vox\" or the \"Company\"), a returns focused mining royalty company, is pleased to provide an update on the Horseshoe Lights copper-gold project in Western Australia, from royalty operator, Horseshoe Metals Limited (\"Horseshoe Metals\"), and recent gold industry developments in Western Australia.Spencer Cole, Chief Investment Officer stated: \"We're encouraged by the fast-tracking of the Horseshoe Lights gold stockpiles towards production through Melody Gold's toll treatment agreement. This development highlights the unique qualities of Western Australia as a top global mining jurisdiction, where mining operators can leverage efficient permitting, skilled mining labor, available capital and underutilized processing plants to potentially bring mineral deposits into production within three to five years. Horseshoe Lights is expected to be the seventh of nine royalty-linked Western Australian gold deposits to enter production between mid-2024 and mid-2026 - underscoring the sustained momentum in our Australian gold royalty portfolio.\" Figure 1 - Gold Surface Materials covered by Option Agreement (colored yellow and green)(Source: https://horseshoemetals.com.au/wp-content/uploads/2025/06/Option-Exercised-Gold-Surface-Materials-Processing-Rights.pdf)Horseshoe Lights Option Exercised for Gold Surface Materials ProcessingVox holds an uncapped 3.0% Net Smelter Return royalty over the Horseshoe Lights copper-gold project in Western Australia, operated by Horseshoe Metals.On June 12, 2025, Horseshoe Metals announced that Melody Gold Pty Ltd (\"Melody\") has exercised its option to secure an exclusive licence to process up to 500,000 tonnes per annum of gold-bearing surface materials at the Horseshoe Lights copper-gold Project. The initial term is three years, with an option to extend. In addition:The Horseshoe Lights accommodation camp recently recommissioned to support Melody's planned activities and Horseshoe Metals' Direct Shipping Operation (\"DSO\") copper start-up;Cash flow from gold processing to support Horseshoe Metals' near-term acceleration of copper exploration, development and DSO start-up at Horseshoe Lights;...