Vox Royalty Secures 2.0% Net Smelter Return Royalty Over White Dam Gold Mine for A$5 Million

By Mining Hub News Desk
2 September 2026, 12:45 p.m. EDT 2 min read
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Source: Vox Royalty

Vox Royalty Corp. has entered into a binding agreement through its subsidiary, Vox Royalty Australia Pty Ltd., to acquire a 2.0% net smelter return royalty over the White Dam gold mine in South Australia for A$5 million in up-front cash.

The transaction is subject to customary conditions precedent, with completion expected within five business days following their satisfaction or waiver. The royalty covers approximately 400 square kilometres of prospective tenure, including the heap-leach operation and the White Dam North discovery area.

“We are pleased to expand our Australian royalty portfolio with the producing White Dam gold royalty, a recently recommissioned heap-leach operation in South Australia. White Dam previously produced approximately 180,000 ounces of gold from 2010 - 2018 at extremely low cash costs of less than A$1,000/oz, and Broken Hill Gold poured first gold from the restart in April 2026. Beyond the producing heap-leach operation, the Royalty covers ~400km 2 of prospective tenure and also applies to copper, which was also produced in 2021. In July 2026, Broken Hill Gold reported a high-grade gold and copper sulphide discovery at White Dam North and a 25,000-metre drilling program is now underway. These are early-stage results that require further work, but they add meaningful exploration optionality to a producing royalty at no incremental cost to Vox.”

— Spencer Cole, President and Chief Investment Officer

The White Dam project is operated by Broken Hill Gold Limited, which poured first gold from the restart in April 2026 and is targeting annual production of 15,000 to 20,000 ounces. The operation previously produced approximately 180,000 ounces of gold between 2010 and 2018. A 25,000-metre drilling program is currently underway across the tenements, and an updated Vertigo deposit model is expected in the third quarter of 2026.

Read the full announcement: Vox Royalty Enters into Binding Agreement to Acquire the White Dam Gold Royalty in Australia