Business
Vox Royalty Provides Development & Exploration Updates And Renews Normal Course Issuer Bid
TORONTO, ON / ACCESSWIRE / November 18, 2021 / Vox Royalty Corp. (TSXV:VOX) (OTCQX:VOXCF) ("Vox" or the "Company"), a high growth precious metals focused royalt
About this update from Vox Royalty Corp
[{"type":"text","content":" TORONTO, ON / ACCESSWIRE / November 18, 2021 / Vox Royalty Corp. (TSXV:VOX) (OTCQX:VOXCF) (\"Vox\" or the \"Company\"), a high growth precious metals focused royalty company, is pleased to provide recent development and exploration updates from royalty operating partners Gold Standard Ventures Corp. (GSV) (\"Gold Standard Ventures\"), Black Cat Syndicate Limited (BC8) (\"Black Cat\"), Silver Mines Limited (SVL) (\"Silver Mines\"), Karora Resources Inc. (KRR) (\"Karora\"), ValOre Metals Corp. (VO) (\"ValOre\"), and Quantum Graphite Limited (QGL) (\"Quantum\"). Spencer Cole, Chief Investment Officer stated, \"We are excited by yet another month of consistent progress across our royalty assets, particularly by the impending release of the South Railroad feasibility study in Nevada and pre-construction progress at Bulong in Western Australia. Our royalty projects continue to exceed Vox management expectations in terms of their pace of development, the volume of discovery drilling and higher likelihood of royalty revenue for Vox. Based on this strong operator progress, Vox management expects that 2022 has potential to be a record year for discovery drilling, engineering studies being released and projects moving into production.\" Key Development Updates Update on feasibility study, permitting and construction financing at the South Railroad gold project in Nevada by Gold Standard Ventures; First production guidance reiterated for H2 2022 at Bulong gold project by Black Cat; and Substantial drilling updates at the Bowdens silver project by Silver Mines, the Higginsville mine by Karora, the Pedra Branca platinum group metals (\"PGM\") project by ValOre, and the Uley graphite project by Quantum. South Railroad (Pre-Feasibility) - Feasibility Study Expected Q1 2022 Vox holds a 0.633% net smelter royalty with advance minimum royalty payments over part of the South Railroad gold project, which is located in the prolific Carlin Trend of Nevada; Vox received initial advance minimum royalty payments of ~C$100,000 from the South Railroad royalty in October 2021; On November 10, 2021, Gold Standard Ventures announced: It anticipates that the feasibility study for the South Railroad project will be completed in Q1 2022; In-fill drilling results at the Pinion deposit indicates the possibility of converting approximately 350,000 contained o...