Red 5 has released its September 2023 quarterly report, where it celebrated its 55,009-ounce gold production from the King of the Hills (KOTH) project.
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Red 5 has announced a 55,009-ounce gold production for the September 2023 quarter from its King of the Hills (KOTH) project in the eastern Goldfields region of WA.
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Red 5 has delivered record gold production of 165,544 ounces for the 2023 financial year (FY23), which contributed to the company’s gross sales revenue of $422.7 million, a 156 per cent increase from the previous year.
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Red 5 has conducted underground drilling at the Kind of the Hills (KOTH) gold mine, which has delivered positive results by defining current ore reserves that underpin the company’s 2024 financial year (FY24) mine plan.
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Red 5 has announced that its Western Australian gold mine, King of the Hills (KOTH), has achieved a second consecutive month of record gold production.
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Red5, De Grey Mining and 29Metals have reported strong results in their latest quarterly reports, including in new exploration, executive appointments and gold production.
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