sur Vox Royalty Corp. (CVE:VOXR)
Vox Royalty Corp. Updates on Horseshoe Lights Development
Vox Royalty Corp. has announced an update on the Horseshoe Lights copper-gold project in Western Australia. Melody Gold Pty Ltd has exercised an option to process up to 500,000 tonnes per annum of gold-bearing materials at the site. This decision underscores Western Australia's reputation as a global mining hub, known for its efficient permitting and skilled labor.
The development is expected to be operational by late 2025, contributing to Vox’s Australian gold royalty portfolio. Horseshoe Lights is projected to become one of the nine royalty-linked deposits to enter production between mid-2024 and mid-2026.
As gold prices soar, Western Australia's resources sector sees record job growth. The region expects increased demands, aligning with Vox’s anticipation of enhanced royalty revenues and reduced development risks.
R. E.
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