Vox Royalty reports Rose Hill gold project exploration, development update

Vox Royalty shares an exploration and development update for the Red Hill gold project in Western Australia from its royalty operating partner Northern Star Resources on November 21, 2023. Vox holds a 4% gross revenue royalty over mining lease M27/57 at Red Hill, which Vox management estimates covers the majority of the Inferred resource/ The Red Hill gold deposit is located 3km east of Northern Star’s Kanowna Belle mine and processing plant and 22km north-east of Northern Star’s Kalgoorlie Consolidated Gold Mines Operation and Fimiston processing plant in Western Australia. KCGM is currently the subject of a major expansion project by Northern Star, the A$1.5 billion KCGM Mill Expansion Project. The Red Hill project was historically mined as an open pit operation between 2001 and 2007, producing approximately 467,000oz of gold. Kyle Floyd, Chief Executive Officer stated: “We are excited about the positive developments at Red Hill, with Northern Star now classifying the project as at Feasibility stage and as one of the key deposits which could provide open pit ore feed to the Fimiston processing plant as part of its major A$1.5B capacity expansion. The ongoing exploration drilling as well as planned geotechnical and metallurgical work announced by Northern Star solidifies Red Hill’s potential for fast-tracked development with further potential for exploration success.”