• Royalty revenue of $7.8m for December quarter from Onslow Iron Project
• Assays received from drilling programs at Broken Hill and Anabama projects
• Significant exploration potential identified at Dementus target

Red Hill Minerals has reported its quarterly activities for the period ended 31 December 2025. The company received royalty revenue of $7.8m for the quarter from the Onslow Iron Project, which it owns a 0.75% FOB royalty over. The company also owns royalties over the Sandstone Gold Project and the Thomson Intrusion Related Gold and Copper Project. In the Curnamona Earn-In Joint Venture, Red Hill completed a five-hole, 3,734-metre diamond drilling program at the Broken Hill Project, targeting prospective stratigraphic horizons and associated lead-zinc-silver Broken Hill Type (BHT) mineralisation, as well as polymetallic copper-gold mineralisation. At the Dementus target, drilling intersected over 250 metres of a highly prospective BHT lode horizon package, including key textural features and anomalous lead. A second zone with elevated zinc was also encountered. At the Anabama Project, a 946-metre diamond drill program confirmed extensions to copper-gold mineralisation at depth, with results including 20 metres at 0.6% copper, 0.2 g/t gold and 3.0 g/t silver. The company has identified significant exploration potential across its projects and is planning further work to advance these targets.

Royalty revenue from the Onslow Iron Project is expected to be around $28.7m for the 2026 financial year.

Red Hill Minerals will continue to advance exploration at its Broken Hill and Anabama projects, with a focus on the highly prospective Dementus target and further testing of the Anabama copper-gold mineralisation.