Gold Price: $1,950/oz
TSXV: VOX
Last: 3.05
Change: 0.07

Royalties & Streams

Portfolio Summary

Our portfolio consists of >40 royalties and streams spanning seven jurisdictions. Vox’s portfolio is predominantly geared towards precious metals royalties which make up over 50% of our portfolio weighting by NAV. In addition to our precious metals’ royalties, the company has underlying exposure to a more diverse array of commodities, including base, battery, and bulk metals. Our portfolio spans four continents but is heavily weighted to Australia where >75% of our assets are located. The company has a track record of buying assets with significant near-term growth and development catalysts.

Vox has both immediately cash-flowing royalties generating recurring revenue and royalties over several long-life, economically robust development-stage assets with great operating counterparties. In recognizing the potential for huge upside that exploration success can have for royalty holders, we continue to make opportunistic investments and hold a modest portfolio of royalties over exploration-stage assets.

42

Royalties and Streams

16

Transactions Since 2019

37

Royalties Acquired Since 2019

Portfolio Highlights

Strong weighting to precious metals royalties

Precious metals royalties make up >50% of our portfolio weighting by NAV. Our precious metals exposure includes gold, silver, and platinum groups metals.

Robust and growing organic cash-flow

Royalties over several producing assets producing assets and an organic pipeline of several long-life, economically robust development-stage assets

Track record of investing in royalties with significant growth or expansion catalysts

Our team has a track record of acquiring royalties which later go on to achieve significant resource or production increases post-acquisition

Built in diversification

In addition to our precious metals’ royalties, the company has underlying exposure to a more diverse array of commodities, including base, battery, and bulk metals.

Exceptionally strong M&A pipeline

Evaluating more than $500m of potential royalty deals, enabled by our proprietary royalty database of over 7,000 royalties.

Producing Mines
Growth Assets
Early Stage

Producing Mines

Project Operator Location Commodity Interest
Graphmada Bass Metals Limited Madagascar Graphite 2.5% Gross Concentrate Sales Royalty
Koolyanobbing Mineral Resources Limited Western Australia, Australia Iron Ore 2.0% F.O.B. Royalty

Growth Assets

Project Operator Location Commodity Interest
Anthiby Well Hancock Prospecting Australia Iron Ore 0.25% GRR
Ashburton Kalamazoo Resources Ltd (ASX:KZR) Australia Gold 1.75% GRR (>250koz Au production)
Bowdens Silver Mines Limited Australia Silver, Lead, Zinc 0.85% Gross Revenue Royalty
British King BK Gold Mines Ltd Australia Gold 1.5% NSR Royalty (first 10,000oz Au) converting to a 5.25% stream on gold
Bulong Black Cat Syndicate (ASX:BC8) Western Australia Gold 1.0% NSR Royalty
Dry Creek RNC Minerals (TSX:RNX) – renamed Karora Resources (TSX:KRR) Western Australia Gold A$0.73/g gold per tonne of ore (eg. A$1.46/tonne treated for 2.0g/t gold ore) – an effective 0.85% net smelter return royalty
Kangaroo Caves Venturex Resources Australia Zinc, copper A$0.80/t ore production
Mt Ida Alt Resources Western Australia, Australia Gold 1.5% NSR (>10koz production)
Pedra Branca ValOre Metals Inc. Brazil Nickel Sulfides, Platinum Group Metals, Cobalt, Gold 1.0% NSR Royalty
Segilola Thor Explorations Ltd (TSX-V:THX) Nigeria Gold 1.5% net smelter return
Sulphur Springs Venturex Resources Australia Zinc, copper A$2/t ore production
Torrecillas Titan Minerals Limited Peru Gold Streaming Payments & 2.0% NSR Royalty
Uley Quantum Graphite Limited (ASX:QGL) South Australia Graphite 1.5% Gross Revenue
Yellow Giant MCC Canadian Gold Ventures Canada Gold-silver Stream on 100% of silver produced

Early Stage

Project Operator Location Commodity Interest
Alce Titan Minerals Peru Copper, gold 3% GRR
Barabolar Silver Mines Limited Australia Silver, Lead, Zinc 1.0% Gross Revenue Royalty
Forest Reef Newcrest Mining Australia Gold, copper 1.5% NSR
Glen Sinosteel Midwest Australia Iron ore 0.2% FOB
Green Dam St Barbara Australia Gold 2.0% NSR
Greenbushes North Sociedad Quimica y Minera (“SQM”) Western Australia, Australia Lithium-Tantalum 1.0% NSR Royalty
Holleton St Barbara Australia Gold 1.0% NSR
Kelly Well Dacian Gold Limited Earn-In Australia Gold 1.0% NSR Royalty
Kookynie (Consolidated Gold) Nex Metals Limited (under earn-in by Metalicity Limited) Australia Gold A$1/t Ore Production Royalty
Kookynie (Melita) Genesis Minerals Ltd (ASX:GMD) Australia Gold A$1/t Ore Production Royalty
Las Antas Titan Minerals Peru Copper, gold 2% GRR
Merlin Northern Star Resources Australia Gold 0.75% gross revenue royalty (>250Koz Au production)
Mexican Royalties Privately held Mexico Lead, Zinc, Silver and Gold 1.0% NSR Royalty
Millrose Jindalee Resources Limited Australia Gold 1.0% Gross Revenue Royalty
Montana Royalties Privately held United States Copper, Gold and Silver 1.5% NSR Royalty
Mt Moss Curtain Bros QLD Australia Zinc, copper, iron, silver 1.5% net smelter royalty
New Bore Dacian Gold Limited Earn-In Australia Gold 1.0% NSR Royalty
Pilgangoora North Sociedad Quimica y Minera (“SQM”) Western Australia, Australia Lithium-Tantalum 1.0% NSR Royalty
Ptombeiras West Jangada Mines Plc. Brazil Vanadium, Titanium, Iron Ore 1.0% NSR Royalty
Saxby Strategic Energy Resources Limited (ASX:SER) Queensland, Australia Gold 1.5% Net Smelter Return
Thaduna Sandfire Resources Australia Copper 1.0% NSR
Volga Novel Mining Australia Copper 2% GRR
West Kundana Northern Star Resources Limited (75%) and Tribune Resources NL (25%) Australia Gold Sliding scale 1.5% to 2.5% NSR royalty
Wodgina South Sociedad Quimica y Minera (“SQM”) Western Australia, Australia Lithium-Tantalum 1.0% NSR Royalty
Yalbra Buxton Resources Graphite Graphite 0.75% gross revenue royalty
Yamarna Gold Road Resources Australia Gold A$7.50/oz discovery payment

Subscribe to our Newsletter