Company Interviews

Vox Royalty is a high growth precious metals royalty and streaming company with a portfolio of 50 royalties and streams spanning nine jurisdictions across the globe. The Company was established in 2014 and has since built unique intellectual property, a technically focused transactional team and a global sourcing network which has allowed Vox to become the fastest growing company in the royalty sector. Since the beginning of 2019, Vox has announced over 20 separate transactions to acquire over 45 royalties and is one of the fastest growing royalty companies during the last couple of years.

Vox Royalty has recently announced 3 deals in Australia since the raise in March and their latest acquisition is their first royalty in Nevada. Vox is heavily weighted to royalties in Australia with 30+ and the majority of these in Western Australia. The market is quite hot in Western Australia at the moment and royalties are being created on a regular basis.

Vox is predominantly focused on assets which are 12-24 months away from production and they aim to replicate those transactions that have been successful for the company in the past.

The company strategy is to use the database to increase their chance of success. The database has been developed over the last 10 years and gives the company the ability to transact bilaterally more often and consequently Vox is often the first royalty company to see an opportunity which has a clear pathway through exploration and development towards production. 

Vox aims to remain weighted towards the precious metals more than the base metal sector but is always looking at new opportunities in all sectors. The company has reached a point where the company revenue profile is now accelerating as many of their royalties move towards production. The company has exponential growth ahead in terms of cash flow and they are happy that they have the right strategy going forward. 

TriStar Gold Inc is a gold exploration and development company listed on the TSX Venture Exchange. Our 100% owned flagship property, Castelo de Sonhos gold project, is located in Pará State, Brazil. The Company is currently completing a pre-feasibility study on the Esperança South target and has recently commenced drilling on additional high priority targets within the project area.

Anaconda is a TSX and OTCQX-listed gold mining, development, and exploration company, focused in Atlantic Canada. The company operates mining and milling operations in the prolific Baie Verte Mining District of Newfoundland which includes the fully-permitted Pine Cove Mill, tailings facility and deep-water port, as well as ~11,000 hectares of highly prospective mineral lands including those adjacent to the past producing, high-grade Nugget Pond Mine at its Tilt Cove Gold Project. Anaconda is also developing the Goldboro Gold Project in Nova Scotia, a high-grade resource and the subject of an on-going feasibility study.

O3 Mining Inc., an Osisko Group company, and is a gold explorer and mine developer ready to produce from its highly prospective gold camps in Québec, Canada. O3 Mining benefits from the support, previous mine-building success and expertise of the Osisko team as it grows towards being a gold producer with several multi-million ounce deposits in Québec.

The company has 2 very important projects in Quebec, Marban and Alpha. There is over 3.9Moz at the Val D’Or property, one of the best mining areas in the world. O3 is currently moving the Marban project towards production in 2026 and there is a lot of exploration potential which could increase the amount of resources for the company and increase the value for shareholders.

O3 is well funded and the company is being very systematic with the development of the Marben resource. Now that they have reached a 2.5Moz resource at Marban, they are focused on moving ahead towards production. They plan to invest $256M in capex, they have completed the PEA and are in the process of working towards the PFS now and then onto the Feasibility Study for the project.

As Marban moves towards production, O3 will continue to drill to continue to improve and modify the engineering of the project and this will increase the size and value of the resource. 
O3 has a systematic approach to looking for further discoveries and is drilling on the western side of Marban and also in 4 different areas at Alpha. They hope to execute the project at Marban to produce cash flow and at the same time add to the resource at Alpha with potentially a much bigger discovery in the future. 

O3 Mining owns a 100% interest in all its properties (137,000 hectares) in Québec. O3 Mining trades on the TSX Venture Exchange (TSX.V: OIII) and on OTC Markets (OTCQX: OIIIF). The company is focused on delivering superior returns to its shareholders and long-term benefits to its stakeholders.

Boss Energy has one of the few uranium projects ready to participate in the early stages of the new uranium bull market; it truly is a product for this time. Against a backdrop of strengthening uranium prices, the Company has been proactively identifying, addressing, and positioning the Honeymoon Project to be Australia’s next producer of up to 3.3M lbs per annum.

Lotus Resources Limited (“Lotus”) is an Australian-based minerals exploration and development company. The Company’s key asset is a 65% ownership of the Kayelekera Uranium Project located in northern Malawi, Africa.

Kayelekera Uranium Project (“Kayelekera” or the ”Project”) is a large 157km2 tenement package with excellent exploration potential and hosts a high grade resource with an existing open pit mine and demonstrated excellent metallurgical recoveries. The remaining 35% is held by Lotus’s joint venture partner Kayelekera Resources Pty Ltd (20%) and the Government of Malawi (15%).

Lotus will continue to explore ways to advance the Hylea Cobalt Project in NSW.

TRU Precious Metals has assembled a portfolio of five gold exploration properties in the highly prospective Central Newfoundland Gold Belt. These properties are in prime locations beside some prominent neighbours. They are well financed and the company is looking to get the story out to the market.

The Golden Rose Project is their flagship asset and the reason that TRU likes the project so much is that it is on the Valentine sheer zone which is a geological corridor that transects the full length of the project, hosting over 45 km of prospective strike length for gold mineralization. This project is situated in a 400 km gold-bearing corridor and is easily accessible via provincial highway and forest access roads. The project is also right next door to two prominent gold deposits.

There have been drilling programmes at the Golden Rose project in the past and there is a lot of historical data from these drill results, geophysics and trenching work in addition to a 43-101 technical report which has been published on the asset.

TRU also has the Twilite Gold Project where they are currently drilling which shares many characteristics with Sokoman Mineral’s high-grade Moosehead Gold Project, located ~30 km northeast. There are historical exploration results at three different identified prospects that bode well for future exploration or resale opportunities.

Besides it’s core assets Golden Rose and Twilite, TRU holds additional, large land positions in the Central Newfoundland Gold Belt: the Rolling Pond Property, the Stony Lake Property and Gander West.

TRU is keen to keep the market up to date with their news and results and they are keen to move forwards with targeted exploration and to add more mining executives to the team. They will also consider future property transactions, especially those which would potentially consolidate their current land holdings.

Superior Gold is a Toronto Stock Exchange listed Gold producer and owns 100% of the Plutonic Gold operation located in the Goldfields of Western Australia. The Plutonic Gold operations include the Plutonic underground gold mine and central mill, numerous open pit projects including the Plutonic Main Pit push-back project, the Hermes open pit projects and an interest in the Bryah Basin joint venture. 

The Plutonic mine has been in continuous production since 1990 and, having produced ~6.0 million ounces of gold, is one of Western Australia's largest historic gold producers. There is a big gold system with a lot of infrastructure on the ground and Superior Gold is focused on expanding production at the Plutonic Gold Operations and building an intermediate gold producer with superior returns for shareholders.

In 2021, the Company is targeting production of between 65,000 to 75,000 ounces and remains focused on establishing the Plutonic Gold operations as a producer capable of delivering at least 100,000 ounces of gold annually.

Superior Gold has just appointed Chris Jordaan as their new CEO starting on 1st July. The company has a clear strategy of underground plus open pit plus potential M&A so needed an experienced person to take on the CEO role going forward.

Superior Gold has made some great progress during the last year. They have invested in their underground mining fleet which is already starting to pay dividends. They have added a 3rd drill rig which is completely dedicated to exploration and have subsequently announced the best exploration results they’ve ever had. 

The company has improved its balance sheet and are now adding free cash to the bottom line. A PEA has been completed on the main pit with a $120M value which wasn’t there for the market to see before. They are in the process of improving the geological model and have had some great progress and have also increased production and reduced costs of the gold operation.

The plan for 2021 is to continue underground exploration in 2 areas at the Western Mining Front and the Baltic Gap using the 3rd drill rig. On the surface there will be drilling across the property on a mineralised area between the main pit and Plutonic East. This year the company has started mining in Plutonic East for the first open pit production in some time. 

In 2022, Superior Gold plans to go south to Hermes South where there is a good development project with low strip and a good grade and which has a number of other satellite pits nearby and there will be plenty of news flow regarding this progress going forward.

Bluestone Resources was created in 2017 with the purchase of the Cerro Blanco gold & Mita Geothermal projects. Bluestone Resources is a single asset junior Gold developer with their flagship project Cerro Blanco in Southern Guatemala. They are a Canadian listed company with their focus on Cerro Blanco, a near-surface high-grade Gold deposit.

Bluestone is currently advancing with permitting and feasibility studies to bring this Cerro Blanco project forward into the construction phase next year with the goal of achieving first Gold in 2024.

Bluestone has the permitting process under control which is advancing on-track and on-budget. The company has been busy gathering the data for the required environmental and social studies and are working closely with the Ministry of the Environment to work through the application process. They do not see the permitting application as a major hurdle and aim for completion next year.

The Cerro Blanco project is a near surface high grade gold deposit, with a total of 3.0 Moz (M&I). A PEA illustrated an asset capable of +300 koz/yr at first quartile cash costs over an initial 11 year mine life. 

The mine will be an open pit project and there will be a resource update out within the next month leading into the optimised mine plan. Once there is an optimised mine plan the company will continue with detailed engineering derisking which will feed into the feasibility study. 

Permit applications will be submitted by the end of 2021. Bluestone Resources aims to get the project finance package in place next year and once that is complete and they are in receipt of the environmental license, they will continue to advance the project with the construction phase during 2023 leading to first production in 2024.

Altamira Gold is a Canada-based natural resource company. The Company is focused on the exploration and development of gold projects within western central Brazil. The Company holds nine projects comprising approximately 280,000 hectares, within the prolific Juruena gold belt. Its Cajuiero project is located approximately 80km from the airport at Alta Floresta. he Santa Helena Project is located on the main BR-163 highway which is the principal Nederlandse Spoorwegen route in this part of Mato Grosso. The Apiacas project comprises a package of properties covering seven areas which constitute the Apiacas district.