Toronto, Canada – Vox Royalty Corp., a returns-focused mining royalty company, has provided recent updates related to several of its key gold development royalties and exploration ventures in Western Australia. The latest information from Northern Star Resources Limited and Evolution Mining Limited describes significant progress in both the Red Hill and Castle Hill projects.
Riaan Esterhuizen, Executive Vice President for Australia, expressed enthusiasm, stating: “We are pleased to share positive updates at key Western Australian gold development royalties: Red Hill, Castle Hill, and Kunanalling. Northern Star continues to reaffirm the strategic value and high quality of Red Hill.”
Northern Star provided detailed disclosures on Red Hill, emphasizing its status as a “strategic regional opportunity” for the KCGM operation. They have outlined a multi-phase expansion of their Fimiston Processing Plant, anticipated to increase from 13Mtpa to 27Mtpa by fiscal year 2029. As part of this plan, Red Hill is described as a “large, consistent, low risk” deposit.
Additional details reveal that Red Hill’s mineral estimate comprises 1.9Moz gold resources (49.9Mt @ 1.2g/t Au), segmented into 1.0Moz Au (25.6Mt @ 1.2g/t Au) under the Indicated category and 0.9Moz Au (24.3Mt @ 1.1g/t Au) under the Inferred category.
The Castle Hill project, currently under construction and considered as baseload ore feed for Evolution’s A$250M Mungari mine life extension and mill expansion project, is also making headway. The expansion project is on schedule, within budget, and expected to be completed by Q1 2026. Approximately 80% of the ore volume needed for the mill expansion will come from open-pit sources.
Vox holds significant royalties over Castle Hill and Kunanalling, which are expected to be key contributors to the Mungari mine expansion.
Esterhuizen commented: “These recent updates confirm expectations that the Mungari mill expansion project is on schedule to be completed in Q1 2026 and that Vox royalty-linked deposits at Castle Hill and Kunanalling will provide key baseload ore feed.”
Also noteworthy from Evolution’s updates is the attention given to the Ultrabark deposit located on Vox’s West Kundana royalty tenure. Historical drilling highlights for Ultrabark include significant intercepts such as 11m @ 3g/t from 22m and 8m @ 4g/t from 44m.
Vox Management is encouraged by Evolution’s recent focus on the Ultrabark deposit, seeing it as an indicator of the potential for further discoveries along the Zuleika shear zone.
Established in 2014, Vox Royalty Corp. has built a portfolio of over 60 royalties across six jurisdictions. The company’s unique approach combines technical expertise, strategic acquisitions, and a global sourcing network aimed at high returns on royalty acquisitions in the mining sector.
Throughout 2024, Vox has consistently updated stakeholders and provided detailed summaries of key projects and potential revenue streams. The continuation of this strategic focus is expected to bolster their position in the mining royalty industry.
For additional information about specific project updates and more details about Vox Royalty Corp., stakeholders and interested parties are encouraged to visit their official website.
News Summary Liberty City celebrates the appointment of Paul Sutherland as head coach for South…
News Summary Greenwood High School's head coach, Chris Liner, has been appointed to the 2025…
News Summary Luck Companies has announced a significant $450 million investment to expand its quarry…
News Summary South Carolina is witnessing significant growth in its construction sector, highlighted by prestigious…
News Summary United Bankshares, Inc. has announced its acquisition of Piedmont Bancorp, Inc., marking its…
News Summary Nearly 10 million residents in Los Angeles County received false evacuation alerts, causing…