Vox Royalty Corp. Announces Completion of Strategic Australian Royalty Acquisition

Vox Royalty Corp., a mining royalty company based in Toronto, has finalized the acquisition of a significant portfolio comprising four Australian royalties and a production-linked milestone payment for A$4,700,000. Announced in a press release dated May 14, 2024, this move is anticipated to contribute meaningfully to the company's revenue generation from early 2026 onwards, particularly from the Castle Hill gold project in Western Australia.

The acquired portfolio, heavily weighted towards gold and copper, includes the Castle Hill and Kunanalling gold projects, alongside copper, cobalt, and rare earth metals exposure through the Halls Creek and Broken Hill exploration projects. Castle Hill forms part of the Mungari Mine Life Extension project and mill expansion by Evolution Mining Ltd, aiming for a processing capacity increase to 4.2 million tonnes per annum.

With this acquisition, Vox enhances its already substantial collection of over 50 Australian assets, benefitting from high AUD-denominated gold and copper prices. This strategic addition raises the company’s large-cap operator portfolio weighting to over 65%.

The transaction aligns with Vox's strategy emphasizing investments in lower risk political jurisdictions like Australia, Canada, and the USA, now representing over 80% of all Vox royalty assets. With expectations of significant returns through both developed and exploratory stages of these assets, Vox aims to reaffirm its position as a leading player in the mining royalty space.