Vox Royalty (TSE:VOXR) has released an update.
Vox Royalty Corp. celebrates the early start of gold mining operations at the Myhree Project in Western Australia, with the first ore already mined and set for processing in September, anticipating a boost in profitability due to higher current gold prices compared to historical estimates. The commencement of 24-hour mining operations marks a significant development for Vox’s royalty interests, particularly since the Myhree deposit is subject to an uncapped 1.0% net smelter royalty acquired in 2020, which stands to benefit from the re-optimization of the mine design to reflect the current gold prices.
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