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Vox Royalty highlights recent significant drill assays from royalty counterpart at Bowdens silver project, Australia

Published: 01:30 03 Feb 2021 AEDT

Vox Royalty -
On January 28 this year, Silver Mines Ltd reported assays for5 Bowdens, including 26.1m at a grade of 252 g/t silver equivalent from 229m

Vox Royalty Corp (CVE:VOX) (OTCMKTS:VOXCF) has updated on activity by four of its royalty partners, including recent high-grade drill results reported by Silver Mines Limited (ASX:SVL) (OTCMKTS:SLVMF) (FRA:SWQ) at the Bowdens project in Australia. 

"Vox is excited to share the latest drill results and development updates from our royalty counterparts," said Simon Cooper, the vice-president of corporate development at Vox in the update.

"These announcements provide a strong picture of the organic growth potential that Vox has to offer. With a fast-growing portfolio of >40 royalties, we look forward to sharing further exciting organic news flow over the coming months from our operating partners, who are actively progressing projects underlying our royalty interests."

READ: Vox Royalty closes acquisition of Breakwater Resources royalty portfolio

Vox holds an 0.85% gross revenue silver royalty on Bowdens - the largest known undeveloped silver deposit in Australia. On January 28 this year, Silver Mines reported assays, including 26.1 metres (m) at a grade of 252 grams per ton (g/t) silver equivalent from 229m at a feeder structure. Another eye-catching result was 1m at 923 g/t silver equivalent from 282.9m.

Following a public exhibition, which concluded last year, Silver Mines received no objections to the project from any Government agencies and received resounding public support. Silver Mines will be shortly responding to received submissions, it added.

Elsewhere, Kalamazoo Resources Limited (ASX:KZR) (OTCMKTS:KAMRF) (FRA:KR1) has said following positive drill progress, that over the next 12-24 months, it aims to substantially increase the 1.65Moz oxide and sulphide gold resource and advance project development at its Ashburton gold project, where Vox has a 1.75% gross revenue gold royalty.

Meanwhile, Venturex Resources Limited (ASX:VXR) (FRA:IHB) recently updated on the environmental approvals process, and project development at its Sulphur Springs copper-zinc project, ahead of a field programme, expected to commence in late Q1, 2021. Vox holds a A$2/tonnes ore production royalty on the asset.

On January 25 this year, Jangada Mines PLC (LON:JAN) reported positive vanadium drill results from its second phase drilling at the Pitombeiras project in Brazil, with eight of nine holes completed to date for a total 649.15 linear metres hitting VTM mineralisation.

Vox, established in 2014, is a high growth precious metals royalty and streaming company with a portfolio of over 40 royalties and streams spanning nine jurisdictions.

Contact the author at giles@proactiveinvestors.com

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on 28/9/21