Red 5 steady

RED 5 produced and sold less of the precious yellow metal from its Western Australian gold mines for the March quarter, but expects to dramatically increase its production profile with bulk underground mining now underway at the King of the Hills mine.

Red 5 steady Red 5 steady Red 5 steady Red 5 steady Red 5 steady

Red 5 RC drilling at Centauri.

Production for the quarter was down from 26,118 ounces to 23,444oz and all-in sustaining costs were higher at A$1637/oz from $1547, but the company said it was very happy with the strong performance