Business
Vox Royalty Provides Gold Royalty Developments and Exploration Updates
TORONTO, ON / ACCESSWIRE / August 18, 2022 / Vox Royalty Corp. (TSXV:VOX) (OTCQX:VOXCF) ("Vox" or the "Company"), a returns focused precious metals royalty comp
About this update from Vox Royalty Corp
TORONTO, ON / ACCESSWIRE / August 18, 2022 / Vox Royalty Corp. (TSXV:VOX) (OTCQX:VOXCF) ("Vox" or the "Company"), a returns focused precious metals royalty company, is pleased to provide recent development and exploration updates from royalty operating partners Norton Gold Fields Pty Ltd. ("Norton Gold"), Northern Star Resources Limited (ASX:NST) ("Northern Star"), Black Cat Syndicate Limited (ASX: BC8) ("Black Cat"), Norwest Minerals Limited (ASX: NWM) ("Norwest"), and Tartisan Nickel Corp. (CSE: TN) ("Tartisan"). Kyle Floyd, Chief Executive Officer stated: "The past two months have seen material progress on certain Vox gold royalty assets, with the opening of the Binduli North gold mine, ongoing construction at the Otto Bore gold mine by Northern Star and meaningful pre-production planning at the Bulong and Bulgera gold toll-treatment projects. This progress continues to support Vox management expectations of organic growth from 6 to 10 or more producing royalties by late 2023 and further revenue growth." Key Updates Official opening of the Binduli North heap leach mine covered by the Janet Ivy gold royalty, released by Zijin Mining Group Co., Ltd.'s (HKSE: 2899) ("Zijin Mining") subsidiary, Norton Gold; Construction update for the Otto Bore gold mine by Northern Star; Final high grade drilling results at the Myhree gold deposit by Black Cat, which is covered by the Bulong royalty; Development of pit designs, completion of a potential site layout and preparations for Mining Lease application at the Bulgera gold deposit by Norwest; and Completion of a Preliminary Economic Assessment ("PEA") and permitting update on the Kenbridge nickel project by Tartisan, indicating a potential 9-year mine life with a goal of production in approximately 3 years. Janet Ivy (Producing - Western Australia) - Binduli North Gold Mine Official Opening Vox holds an uncapped A$0.50/tonne production royalty over the Janet Ivy gold mine in Western Australia; In March 2022, Zijin Mining filed a mining proposal for the Binduli North 5Mtpa heap leach gold project, which was further described in Vox's operator update released on June 9, 2022; On July 8, 2022, the Western Australian State Government announced: "The McGowan Government has congratulated Norton Gold Fields for officially opening its A$278 million Binduli North heap leach project; The project created 300 jobs during const...