Red 5 set to target Siana's underground potential

RED 5 says it has completed the bankable feasibility study for an initial development of its Siana gold project in the Philippines based on an openpit operation, with plans to accelerate studies for a potential long-life underground operation following successful drilling below the pit.

Red 5 set to target Siana's underground potential Red 5 set to target Siana's underground potential Red 5 set to target Siana's underground potential Red 5 set to target Siana's underground potential Red 5 set to target Siana's underground potential

In a statement today, Red 5 managing director Greg Edwards said the feasibility study had confirmed the robust nature of the Siana project, with the initial focus on a profitable openpit operation.

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