King of the Hills - Underground Mine
Red 5’s 100%-owned King of the Hills Gold Mine is 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.
Mining at King of the Hills is currently undertaken through a combination of bulk underground stoping and airleg mining of selective high-grade gold veins with ore trucked from King of the Hills to Red 5’s nearby Darlot Processing Plant.
Following the completion of a Final Feasibility Study in September 2020 for a proposed new 4Mtpa bulk open pit and underground mining and processing operation at King of the Hills, Red 5 will progressively scale-down current mining activities in 2H CY2020 in advance of the planned start of construction for the expanded operation. Current underground mining operations are expected to scale down by December 2020.
Read more about the King of the Hills Development Project.
For further details on the King of the Hills Underground, refer to the Company’s recent ASX announcements and investor presentations.