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Red 5 pours first gold at Siana mine in the Philippines

Red 5 pours first gold at Siana mine in the Philippines

Perth based Red 5 (ASX: RED) has poured first gold at the Siana mine in Surigao del Norte in the Philippines.

The commissioning phase at the Siana mine in Surigao del Norte, Philippines has produced its first gold bar, GRC0001, comprising both gold and silver and weighing a total of 228 ounces.

The bar which is estimated at approximately 50% gold was derived from Siana low grade stockpiles, minor Mapawa low grade stockpiles and ore from the upper pit benches exposed during the pre-strip.

The bar was poured late on 3 February 2012.

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Red 5 Ltd Timeline

December 31 2012

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