Vox Royalty to purchase new Gold royalty
VOX.CA
Vox Royalty Corp (VOX.CA) Spencer Cole says the Vox Royalty is set to buy, for US$1.98 million in cash, a royalty on part of Gold Standard Ventures Corp's (TSE:GSV) Railroad-Pinion gold project.
Cole says the project, which sits on the prolific Carlin Trend in Nevada, and is rapidly advancing towards the completion of a feasibility study and a subsequent construction decision. The company has struck binding agreements with a group of private individuals on the acquisition of a 0.633% net smelter returns (NSR) royalty on the so-called South Railroad part of the project, which comes with advance minimum royalty payments of more than C$120,000 per year.
Vox Royalty Corp (VOX.CA) Spencer Cole says the Vox Royalty is set to buy, for US$1.98 million in cash, a royalty on part of Gold Standard Ventures Corp's (TSE:GSV) Railroad-Pinion gold project.
Cole says the project, which sits on the prolific Carlin Trend in Nevada, and is rapidly advancing towards the completion of a feasibility study and a subsequent construction decision. The company has struck binding agreements with a group of private individuals on the acquisition of a 0.633% net smelter returns (NSR) royalty on the so-called South Railroad part of the project, which comes with advance minimum royalty payments of more than C$120,000 per year.
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