Vox Royalty Announces Major Expansion Approval at Binduli North Gold Project

About this update from Vox Royalty Corp

[{"type":"text","content":"Vox Royalty Announces Major Expansion Approval at Binduli North Gold Project DENVER, CO / ACCESS Newswire / July 23, 2025 / Vox Royalty Corp. (TSX:VOXR)(NASDAQ:VOXR) (\"Vox\" or the \"Company\"), a returns focused mining royalty company, is pleased to announce a significant development at the producing, gold royalty-linked Binduli North gold project in Western Australia. Norton Gold Fields Pty Ltd (\"Norton\"), a wholly-owned subsidiary of Hong Kong and Shanghai-listed, Zijin Mining Group Co., Ltd., has received regulatory approval for a new Mining Proposal (defined below) that includes a planned major expansion to processing throughput and infrastructure.Spencer Cole, Chief Investment Officer stated: \"The approval of an expanded Mining Proposal marks a major milestone for our producing Janet Ivy gold royalty at Binduli North. With a 40% increase in crushing and grinding capacity up to 7Mtpa, and a life-of-mine plan of up to 8Mtpa over approximately nine years with mineralization open along strike and at depth, this update significantly enhances royalty revenue potential on our uncapped production royalty. At this expanded 7Mtpa run-rate Vox management expects this royalty to potentially generate over US$2M in annual revenue1, which equates to an annual 50% cash return1 on its initial purchase price. The addition of (i) a mobile crushing circuit, (ii) expanded stockpiles, and (iii) processing flexibility between heap leach and the Paddington Mill further de-risk this long-life gold operation. We are encouraged by Norton's continued investment in and operational momentum at one of Vox's key producing Australian gold royalty assets.\"Figure 1 - Binduli Gold Heap Leach Operations and 2.4MW Solar Farm (background)(Source: https://nortongoldfields.com.au/our-assets/) Binduli North Expansion Highlights2:Vox holds an uncapped A$0.50/tonne production gold royalty interest over the Janet Ivy mining leases M26/446 and M26/833, which cover the majority of the Mining Proposal mine design tonnage results.The updated Mining Proposal (Version 7.2) (\"Mining Proposal\") was approved on July 16, 2025, by the Western Australian Department of Mines, Industry Regulation and Safety (\"DMIRS\"). The Mining Proposal included the following key updates:40% Throughput Increase Approved: Overall crushing and grinding circuit capacity has been expanded fr...

More updates from Vox Royalty Corp