on Vox Royalty Corp. (isin : CA92919F1036)
Vox Royalty Corp. Reports Initial Gold Royalty Revenues from Western Australia
Vox Royalty Corp. has announced the receipt of its first royalty revenues from gold royalties at Castle Hill and Bulong in Western Australia. Evolution Mining and Black Cat Syndicate operate these projects. Vox anticipates additional revenues from its Otto Bore gold royalty by early 2025 via Northern Star Resources.
These royalties are set to contribute $3M-$4M in revenue for 2025. Current gold prices, near A$4,000 per ounce, bolster the projects' profitability. Vox holds favorable agreements including a A$40/oz royalty and 2% net smelter royalty on specific projects. The receipt of these revenues was ahead of company expectations, signaling robust project developments.
Vox's diverse portfolio consists of over 60 royalties across six jurisdictions, enhancing its revenue stream from strategic mining investments.
R. H.
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