Tag: King of the Hills

Red 5 Limited (ASX: RED) remains on track for first gold production in the current quarter at its 100%-owned 2.4Moz, 16-year life-of-mine King of the Hills (KOTH) Gold Project, after achieving further key construction and operational readiness milestones during March 2022. Construction and Commissioning Key construction progress for March included: Commissioning of the crushing circuit has been completed; Commissioning of the gas pipeline has been completed; Commissioning of the power station has been completed to the stage where it is ready to power the process plant; Installation of the solar panels has been completed and wiring is being finalised; and Commissioning of the SAG mill has commenced, with the current critical path to first gold being the commissioning of the...

Renewable energy penetration is set to increase on major mine-sites in the Goldfields and Pilbara regions, after one of Australia’s leading independent power producers signs a deployment agreement with a clean energy technology provider. Zenith Energy and 5B have signed an Ecosystem Framework Agreement-Deployment (ESAD), permitting Zenith to be a deployment partner of the 5B Maverick system within Australia. The 5B Maverick system solar array is prefabricated, allowing rapid deployment and increasing the ability of Zenith to expand renewable assets across existing and future sites. Managing Director Hamish Moffat said it’s the next step in reducing emissions across Zenith’s legacy portfolio. “We’ve been looking to increase renewable assets across multiple sites for some time, the question has always been around...

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...