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Red 5 Provides Update on King of the Hills Gold Project

10 Aug 2021  |  08:27:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: King of the Hills hits 50% completion milestone

Red 5 advised that it continues to make progress with the development of its 2.4Moz, 16-year Life-Of-Mine King of the Hills (KOTH) Gold Project in WA, which has passed the 50% project completion milestone. All steelwork and platework for the process plant has been awarded for fabrication, with 77% of the steelwork already on site. It noted Construction of the CIL tanks is progressing well, with all eight tanks at full height and assembly of the top-of-tank steelwork commenced.

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