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Vox Royalty Completes Acquisitions of White Dam, Kalman and Sylvania Australian Gold & Copper Royalties

VOXR
  • Vox Royalty Corp. completed the acquisition of three Australian royalties: White Dam Gold (South Australia), Kalman Copper (Queensland), and Sylvania (Western Australia).
  • Aggregate cash consideration for the transactions was A$8.4 million (approximately $6 million), paid using cash on hand.
  • All conditions precedent were satisfied, including a waiver of the right of first refusal held by Greenmount Resources Pty Ltd for the Sylvania Royalty.
  • The White Dam Royalty is a 2.0% NSR on gold & copper from a producing asset operated by Broken Hill Gold Limited.
  • The Kalman Royalty is a 2.0% royalty on production from the Kalman tenement, operated by Hammer Metals Limited (subject to the Hammer-Austral Resources Scheme), focusing on copper, gold, molybdenum, & rhenium.
  • The Sylvania Royalty covers 1,700km² in Western Australia with a 1.0% NSR on precious minerals & 1.5% NSR on other minerals, operated by Greenmount Resources (subsidiary of Capricorn Metals Ltd).
  • Capricorn Metals Ltd operates the adjacent Karlawinda Gold Mine, which produced 123,589oz of gold in the 2026 financial year & is commissioning an expansion to reach 150,000oz per annum in the 2027 financial year.
  • The Sylvania area includes three key exploration targets: the Spearhole Iron Project, the Prairie Downs Base Metal Project, & Karlawinda-adjacent gold targets.
  • The Spearhole Iron Project has historical inferred resources of 1,400Mt at 23.5% Fe based on a 2011 scoping study that excluded direct shipping ore.
  • The Prairie Downs Base Metal Project holds historical June 2010 resources of 2.28Mt Indicated & 0.70Mt Inferred at 1% Zn cut-off, remaining undeveloped.
  • Rio Tinto withdrew from a 2022 option agreement for the Spearhole iron ore rights in May 2024 after a two-year evaluation period.
  • Spencer Cole, President & Chief Investment Officer, described the portfolio as a "balanced bar-bell" combining immediate revenue from White Dam with medium-term (Kalman) & long-term (Sylvania) development potential.
  • Timothy J. Strong, FIMMM, reviewed & approved the scientific & technical disclosure as a Qualified Person under NI 43-101.
  • Mineral resource estimates referenced for Prairie Downs & Spearhole are historical, based on JORC Code standards, & have not been independently verified by Vox as current resources.