Vox Royalty Corp. Updates on Red Hill Gold Project and Mill Expansion

Vox Royalty Corp has announced significant advancements at the Red Hill gold project in Western Australia, as per updates from Northern Star Resources Limited. A notable highlight is the progress on the A$1.5 billion KCGM Mill Expansion Project, which aims to double processing capacity at the Fimiston plant by FY27. Red Hill, with a gross revenue royalty of 4% for Vox, is likely to become a key satellite ore source for Northern Star's operations.

The latest drilling efforts have aimed to elevate Inferred Mineral Resources to an Indicated level, yielding a 21% increase in total mineral resources and a 19% boost in mineral reserves. These steps ensure a robust development pathway for Red Hill, supported by environmental studies and government approvals underway.

On financials, Northern Star ensures the Mill Expansion's costs within the A$1.5 billion budget. The increased processing capacity anticipates stable 900koz annual operation post-expansion.