Red 5’s operations are located in Western Australia’s Eastern Goldfields Region, one of the world’s most attractive gold regions. Red 5 is currently mining underground at the Darlot and King of the Hills gold mines, with ore from both locations processed centrally at the Darlot Processing Plant. In 2021, open pit mining will commence at the Great Western mine, ore to be transported to the Darlot plant for the next two years.
Red 5 completed 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. This Study delivered a 2.4Moz Ore Reserve, underpinning an initial 16-year mine life and confirming a clear pathway to production in 2022.
Red 5’s long-term strategy is to grow to be a well-established and respected mid-tier Australian gold producer with multiple options to expand and develop.