Vox Royalty (TSX-V:VOX) Corp has provided investors a glimpse into its royalty portfolio with recent development and exploration updates from five partner projects.
The update highlights the upcoming release of maiden reserves from the Bulong gold project owned by Black Cat Syndicate Limited, which is due in March.
Bulong was also awarded a work approval permit, allowing it to progress into construction in the next few months. Vox holds a 1% net smelter royalty on part of the gold project.
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Other highlights include the planned release of a feasibility study during the current quarter at the South Railroad project, and high-grade drill results at the Bowdens project.
The company was also pleased with encouraging drill results from the Pedra Blanca and Ashburton projects, according to the update.
"The past month's developments on key royalty properties continue to support Vox management expectations that 2022 will be a record year for royalty-linked drilling, engineering studies and first production milestones,” Vox chief investment officer Spencer Cole said in the statement.
“Based on operator guidance, Bulong continues to trend towards commencement of mining in late-2022, South Railroad's feasibility is expected within the coming months, the Bowdens' underground expansion scoping study is on-track for H1 2022 delivery, and multiple resource upgrades are expected for Pedra Branca, Ashburton and other key properties later in 2022," he added.
Toronto-based Vox is a precious metals royalty and streaming company with a portfolio of over 50 royalties and streams spanning eight jurisdictions.
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