• Onslow Iron Project shipments at the upper end of guidance and expected to reach 35 Mtpa in Q1 FY26
• Acquired 2% Gross Revenue Royalty over Sandstone Gold Project and 1.5% Net Smelter Royalty over Thomson Intrusion related Gold-Copper Project
• Encouraging IP survey results from Anabama copper-gold target, planning 4,000m diamond drill program at Broken Hill Project

Red Hill Minerals Ltd (ASX: RHI) has released its Quarterly Activities Report for the quarter ended 30 June 2025. Highlights include: Onslow Iron Project shipments at the upper end of guidance and expected to reach 35 Mtpa in Q1 FY26; Royalty revenue earned for the June quarter of $4.79m; Cash balance of $64.5m; Acquisition of a 2% Gross Revenue Royalty over the Sandstone Gold Project and a 1.5% Net Smelter Royalty over the Thomson Intrusion related Gold-Copper Project. In the Curnamona Earn-In Joint Venture, the company reported encouraging IP survey results from the Anabama copper-gold target and is planning a 4,000 metre diamond drill program at the Broken Hill Project. In the West Pilbara Gold and Base Metals project, the company completed RC and diamond drilling programs at the Barkley Gold, Jubilee South, and S-Bend targets, with promising results including 12 metres at 1.7 g/t gold from 132 metres at Barkley.

The Onslow Iron Project is expected to reach nameplate capacity of 35 million tonnes per annum in Q1 FY26.