on Vox Royalty Corp. (isin : CA92919F1036)
Vox Royalty Reports Key Advancements at Bullabulling Gold Project
Vox Royalty Corp. has announced important developments at the Bullabulling Gold Project in Western Australia. Minerals 260 Limited (M260) successfully raised A$220 million to acquire and further develop Bullabulling. Vox holds an uncapped A$10/ounce gold royalty over parts of this project.
The Bullabulling project is notable for its substantial reserves, with an Indicated resource of 1.4 million ounces and an Inferred resource of 0.9 million ounces of gold. M260's planned 80,000-meter drilling program aims to reach an investment decision by 2026, with anticipated production beginning in 2028.
This financing underscores a thriving Australian gold sector, with a substantial uptick in mining proposals and exploration licenses, as gold prices near A$5,000/oz. Vox's strategic royal interests include significant segments of the Dicksons-Bonecrusher and Phoenix deposits.
R. P.
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