VOX ROYALTY CORP - CEO Kyle Floyd - Provides Development & Exploration Updates - RICH TV LIVE
Channel: RICH TV LIVE
Date: 07/04/2022

VOX ROYALTY CORP - CEO Kyle Floyd - Provides Development & Exploration Updates - RICH TV LIVE - April 7, 2022 - #voxroyaltycorp #update #richtvlive #news #business #finance #gold #mining #metals #money #education #investing #royalties #win
Vox Royalty Corp. (TSXV:VOX)(OTCQX: VOXCF) ("Vox" or the "Company"), a high growth precious metals focused royalty company, is pleased to provide recent development and exploration updates from royalty operating partners ValOre Metals Corp. (TSXV: VO) ("ValOre"), Genesis Minerals Limited (ASX: GMD) ("Genesis"), Norwest Minerals Limited (ASX: NWM) ("Norwest"), Zijin Mining Group Co., Ltd. (HKSE: 2899) ("Zijin Mining"), and Kalamazoo Resources Limited (ASX: KZR) ("Kalamazoo").

Kyle Floyd, Chief Executive Officer stated: "The past month has seen material development at key royalty-linked properties, including three substantial resource upgrades, confirmation that the Binduli North expansion remains on track for H2 2022 and positive metallurgical test work at Puzzle and Bulgera. The development probability of the Pedra Branca, Ashburton, Kookynie/Puzzle and Bulgera royalty properties has been increased as a result of this meaningful progress so far in 2022. Vox management is excited to track the progression of these royalty projects from exploration, to development and ultimately into production over the coming quarters."

Key Development Updates

106% increase in mineral resource at the Pedra Branca platinum group elements ("PGE") project by ValOre;
Maiden Puzzle North gold resource estimate and positive feasibility metallurgical test work at Kookynie by Genesis;
113% increase in gold resource estimate at the Bulgera gold project by Norwest;
Construction well progressed and production targeted for second half of 2022 at the Janet Ivy Mine expansion Binduli North project by Zijin Mining subsidiary Norton Gold; and
Outstanding metallurgical gold recoveries and commencement of a development scoping study at the Ashburton gold project by Kalamazoo.
Pedra Branca (Preliminary Economic Assessment - Brazil) - +100% Increase in Mineral Resource to 2.2Moz PGE(1)

Vox holds a 1% net smelter return royalty over the Pedra Branca PGE project in Brazil;
On March 24, 2022, ValOre announced an updated National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") inferred mineral resource estimate(1), with highlights including:
2.198Moz palladium + platinum + gold ("2PGE+AU") in 63.6Mt grading 1.08g/t 2PGE+AU;
106% increase to the 2019 inferred mineral resource;
C$6.1M spent on exploration and development since 2019 resource;
17,434m have been drilled since 2019;
Extensive growth potential remains at Massapê, Santo Amaro, Trapia, and Cedro, in addition to advanced exploration targets property-wide; and
Regional exploration by Trado drilling continues to advance new prospects to reverse circulation ("RC") or core drill targets.
Vox Management Summary: The ValOre team are to be congratulated for doubling the size of the Pedra Branca PGE resource to a globally-significant 2.2Moz. Given how shallow the current resource estimate is, Vox management expects further resource growth potential for this exciting, royalty-linked PGE project.

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