Vox Royalty Corp. shared a significant exploration and development update for the Red Hill gold project in Western Australia from its royalty operating partner Northern Star Resources Limited released on May 2, 2024. 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 the subject of a major brownfield expansion project by Northern Star. The AUD 1.5 billion KCGM Mill Expansion Project is 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. On May 2, 2024, Northern Star announced: 58% mineral resource increase in total ounces to an Inferred mineral resource (3)of 1.9 Moz Au (49.9Mt @ 1.2g/t Au), which represents an overall increase in both tonnage and average grade over the March 2023 estimate of 1.2 Moz Au (32.4Mt @ 1.1g/t Au). A maiden reserve declared of 0.6 Moz Au (15.9Mt @ 1.1g/t Au) enabled by recent exploration drilling, which increased confidence in the geological and grade continuity.

Northern Star stated that planned FY25 drilling will focus on the Inferred resource to further increase geological confidence across the mineral resource. Significant Red Hill drill results reported included: RHDD23069 - 136.0m @ 1.8g/t Au, RHDD23072 - 83.0m @ 2.3g/t Au, RHDD23076 - 226.8m @ 0.9g/t Au, RHDD23085 - 33.0m @ 2.5g/t Au and 135.9m @ 1.1g/t Au.