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Red 5 Limited (ASX: RED) is an ASX-listed gold mining company that is uniquely positioned within the Australian gold sector – a major new Australian gold mine that is ramping up to full production. The 4.1Moz King of the Hills Gold Project was delivered on time and on budget, with first gold produced on 5 June 2022. The mine has a 16-year LOM plan based on a 2.4Moz Ore Reserve – making it one of the top 10 gold mines in Australia by Ore Reserves. Production in the first six years commencing 2022 will average 176kozpa with an AISC of A$1,339/oz. The Project is located in the Eastern Goldfields of Western Australia, approximately 25 km's from Leonora and 900 km's from Perth.
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