Vox Royalty provides project updates across gold royalty portfolio

Vox Royalty (VOXR) provides recent development and exploration updates from royalty operating partners Genesis Minerals, Alamos Gold (AGI), Black Cat Syndicate, Northern Star Resources (NESRF) and Strickland Metals. Riaan Esterhuizen, EVP Australia stated: “We are very excited to share recent gold operator developments and initial royalty revenue from the Kookynie royalty, linked to the release of maiden reserves at the Puzzle North gold deposit. This initial royalty revenue of ~A$2M represents an approximate 15x return on the A$150k invested in the Kookynie royalty back in 2020, with further revenue expected post commencement of mining by Genesis. Further engineering study progress at Lynn Lake and Bulong continue to underpin Vox management confidence in medium-term growth prospects for our royalty portfolio.” Genesis released Pre-Feasibility Stage level assumptions and maiden reserves for the Puzzle Group gold deposits in Western Australia triggering maiden royalty revenue of approximately A$2M, to be recorded as Q3 2023 royalty revenue and payable within 45 days of quarter end; Alamos released an updated feasibility study on the Lynn Lake Gold Project in Manitoba, Canada; Black Cat released an updated engineering study for the Kal East Project which includes the Bulong gold royalty; and Northern Star acquired the Millrose exploration-stage gold project from Strickland for A$67 million.