Red 5’s King of the Hills on schedule for first gold
Red 5 Limited’s (ASX: RED) project, King of the Hills (KOTH) is progressing on schedule for first gold in the June Quarter of 2022. It’s located in WA’s Goldfields-Esperance region with a 16-year life-of-mine. The geology of KOTH is unique in the distribution of ore within intrusive rock types throughout the mafic and ultramafic host rocks, and the relative softness of this ore. The confidence and understanding of both the geology and metallurgy at KOTH are exceptionally high. KOTH’s construction has remained within budget, with several key achievements in the construction progress during August 2021: All the SAG mill components have been delivered to site, sole plates are in place on the foundation, and assembly of the mill shell and…