First Gold Royalty Revenues Received From Castle Hill and Bulong Royalties in Western Australia
https://www.voxroyalty.com/_resources/news/2024/nr-20241204.pdf
Vox Royalty Corp. (VOXR) (TSX:VOXR)(NASDAQ:VOXR) ("Vox" or the "Company"), a returns focused mining royalty company, is excited to announce the receipt of its first royalty revenues from its Castle Hill and Bulong gold royalties in Western Australia, from operating partners Evolution Mining Limited ("Evolution") and Black Cat Syndicate Limited ("Black Cat"). Additionally, the Company anticipates inaugural royalty revenues from its Otto Bore gold royalty in Q4 2024 or Q1 2025 from Northern Star Resources Limited ("Northern Star").
Riaan Esterhuizen, Executive Vice President - Australia stated: "We are excited to share the receipt of first royalty revenue milestones from each of the Castle Hill and Bulong gold projects, both ahead of Vox management expectations. In addition, we expect first royalty revenues to be recognized from the Otto Bore gold royalty within the next six months. These three gold royalties are expected to contribute approximately $3M - $4M in gold-related royalty revenue1 for Vox in 2025. Near-record gold prices of approximately A$4,000/ounce continue to support Vox's well-capitalised operating partners in Western Australia to accelerate their project development and gold production - to the benefit of Vox shareholders."