Vox Royalty provides exploration, development update for Red Hill gold project

Vox Royalty (VOXR) share a significant exploration and development update for the Red Hill gold project in Western Australia from its royalty operating partner, Northern Star Resources (NESRF), released on May 15, 2025. Vox holds a 4.0% gross revenue royalty over mining lease M27/57 at Red Hill. The Red Hill gold deposit is located 3.5km east of Northern Star’s Kanowna Belle mine and processing plant and 22km north-east of Northern Star’s Kalgoorlie Consolidated Gold Mines Operations, which includes the Fimiston processing plant in Western Australia. KCGM and the Fimiston plant are currently undergoing a major brownfield expansion project by Northern Star. The A$1.5 billion KCGM Mill Expansion Project is scheduled for commissioning in FY27 and expected to increase processing capacity from 13Mtpa to 27Mtpa. The Red Hill project was historically mined as an open pit operation between 2001 and 2007, producing approximately 467,000oz. Spencer Cole, Chief Investment Officer stated: “This resource upgrade for the consolidated Kalgoorlie Operations, Fimiston mill expansion progress and permitting guidance from Northern Star reinforces Vox management confidence on the near-term Red Hill development pathway. We are encouraged that all required environmental studies and statutory government approvals are ongoing with a Mining Proposal and Mine Closure Plan expected to be submitted ahead of operations recommencing. With Northern Star planning to process Red Hill ore through its significantly expanded Fimiston mill-targeting 23Mtpa capacity in FY2027-Red Hill is clearly emerging as a priority satellite bulk-tonnage feed source within its Kalgoorlie Operations. The low-risk nature of the mineral resource, existing haul road access to Fimiston, and positive preliminary economic studies highlight why Northern Star are prioritizing this exciting gold deposit.”