Vox Royalty Completes Acquisition of Australian Gold and Copper Royalties
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Vox Royalty Corp. has completed the acquisition of three Australian gold and copper royalties, significantly expanding its portfolio. The acquisitions, completed on September 14, 2026, include the White Dam Gold Royalty in South Australia, the Kalman Copper Royalty in Queensland, and the Sylvania Royalty in Western Australia. The total cash consideration for these acquisitions was A$8.4 million, paid from the company's cash reserves.
Spencer Cole, President and Chief Investment Officer of Vox Royalty Corp., expressed satisfaction with the acquisitions.
The Sylvania Royalty, held by Vox Royalty Australia Pty Ltd, comprises a 1.0% net smelter return (NSR) royalty on precious minerals and a 1.5% NSR royalty on all other minerals over an area of approximately 1,700km² in the Pilbara region of Western Australia. The Sylvania Royalty Area includes three key exploration targets: the Spearhole Iron Project, the Prairie Downs Base Metal Project, and Karlawinda-adjacent gold exploration targets.
The Spearhole Iron Project, located at Prairie Downs, comprises unconsolidated ironstone gravels and alluvium from surface. A high-level Scoping Study completed by MSP Engineering in December 2011, based on a historical inferred resource of 1,400Mt at 23.5% Fe, including 932Mt at 27.4% Fe at a 20% Fe cut-off, estimated a 35Mtpa beneficiation plant producing 5.25Mtpa of iron concentrate grading 57% to 58% Fe at a 15% mass yield. The study contemplated operating costs of A$39.00 per tonne of concentrate at the mine gate and A$59.25 per tonne FOB, including assumed rail haulage of 450km and port costs.
The Prairie Downs Base Metal Project, located approximately 100km south-west of Newman, has been explored by several prior owners, most recently Prairie Downs Metals Limited, Marindi Metals Limited, and DiscovEx Resources Limited. The most recent mineral resource estimate, reported by DiscovEx in October 2023, comprises Indicated Resources of 2.28Mt at 5.22% Zn, 1.59% Pb, and 15.0 g/t Ag and Inferred Resources of 0.70Mt at 4.03% Zn, 1.58% Pb, and 14.9 g/t Ag. This estimate supersedes an earlier 2008 estimate by Prairie Downs, which was also the basis of a historical July 2008 Feasibility Study that was not progressed.
Capricorn Metals Ltd, through its wholly owned subsidiary Greenmount Resources Pty Ltd, holds the Karlawinda Gold Mine, located approximately 65km south-east of Newman. The mine has been in production since June 2021 and produced 123,589oz of gold in Capricorn's 2026 financial year. Capricorn is currently commissioning the Karlawinda Expansion Project, which increases processing capacity to 6.5Mtpa and is expected to lift Karlawinda to a long-term production rate of approximately 150,000oz per annum following completion of commissioning in the first quarter of Capricorn's 2027 financial year.
Timothy J. Strong, FIMMM, of Kangari Consulting LLC, has reviewed and approved the scientific and technical disclosure contained in this press release. Strong is a "Qualified Person" under National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
Vox Royalty Corp. is a returns-focused mining royalty and streaming company built on disciplined capital allocation and risk-adjusted value creation. The company holds a diversified portfolio of over 70 royalties and streams, including 11 producing and 28 development stage assets, with primary exposure to gold and select industrial metals across top-tier mining jurisdictions.