Red 5 Limited has recommenced mining at its 100% owned gold project King of the Hills, located 80km south of the Company’s Darlot Gold Mine and 28km north of the town of Leonora in the Eastern Goldfields region of Western Australia.
In an ASX Announcement, the company said it is on track for first gold production in the current quarter after achieving further key construction and operational readiness milestones this month.
The company’s business partner, Macmahon Contractors recommenced underground mining at King of the Hills on March 31st.
“With first with first gold production expected in the current quarter at King of the Hills our open pit mining teams are operating 24/7 and underground mining is now ramping up on schedule,” said Red 5 Managing Director, Mark Williams.
“Commissioning of the crushing circuit is complete, commissioning of the SAG mill is underway, and ore is being stockpiled for when processing begins.
“We are also completing the site power supply, with the gas pipeline fully operational, the installation of the solar panels complete, and the power station now ready to power the process plant.
“The sheer scale of the mine development is impressive, and I encourage shareholders to watch the latest fly over video to get a sense of the team’s achievement over the past 18 months it really has been an incredible effort and I would again like to commend all members of the team for their outstanding work.”
