Vox Royalty Corp. Acquires White Dam Gold Royalty

Vox Royalty Corp., a mining royalty and streaming company, has announced a binding agreement via its subsidiary, Vox Royalty Australia Pty Ltd., to acquire a 2.0% net smelter return royalty on the White Dam gold mine in South Australia. The deal involves an upfront cash payment of A$5 million. White Dam, operated by Broken Hill Gold Limited, was recommissioned earlier this year and is on track to produce 15,000-20,000 ounces of gold annually.

The transaction covers extensive mining territory of approximately 400 km², which holds potential for both gold and copper production. Notably, a recent discovery at White Dam North revealed high-grade gold and copper, bolstering the mine's prospectivity. A significant 25,000-meter drilling program is already in progress. Vox expects to finalize the acquisition soon, pending customary conditions.