Red 5 reports solid start at King of the Hills, says ramp-up on track

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ASX-listed gold exploration and mining company Red 5 Limited has reported “a solid start” with the ramp-up of its 100%-owned King of the Hills (KOTH) Gold Project in Western Australia,  following the first gold pour on 5 June 2022.

Managing Director, Mark Williams, said the new 4.7Mtpa processing plant is performing “in line with expectations”, with a total mill operating time in excess of 84% achieved during June.

“The new processing facility is performing well, with a total mill operating time of more than 84 per cent for the month of June,” Mr Williams stated.

According to the company’s statement, the SAG mill is also operating in line with expectations, and the open pit and underground mines are both now fully operational.

Adertisement

“The SAG mill continues to deliver throughput rates in excess of 600 tonnes per hour at moderate mill loads and power draw,” it says in the statement.

“The open pit and underground mines are also now fully operational, with the first underground stope fired on 20 June 2022.

“The mill feed has been supplemented with higher-grade ore from Great Western. There is currently over 1 million tonnes of ore on the KOTH ROM pad, which is equivalent to over two months of processing feedstock.”

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