《RED 5 Limited (RED) 2020年年度报告「ASX」.pdf》由会员分享,可在线阅读,更多相关《RED 5 Limited (RED) 2020年年度报告「ASX」.pdf(82页珍藏版)》请在三个皮匠报告上搜索。
1、Annual Report2020Red 5 Limited(ABN 73 068 647 610)is an Australian-based gold producer with established mining projects located in the Eastern Goldfields of Western Australia and in the Philippines.The Company is listed on the Australian Securities Exchange(Ticker:RED)with around 7,000 shareholders
2、including a strong Australian and international institutional shareholder base.Red 5 owns and operates the Darlot Gold Mine located approximately 900 kilometres north-east of Perth in the Leonora-Leinster mineral province of Western Australia and the nearby King of the Hills(KOTH)Gold Project.Ore fr
3、om Darlot is processed at the 0.83Mtpa Carbon-in-Pulp(CIP)and Carbon-in-Leach(CIL)gold processing plant located on-site,which is currently operating at a throughput rate of 1.0Mtpa.Red 5 has delivered an increase in Mineral Resources and Ore Reserves at Darlot with an objective to further increase m
4、ine life through the conversion of additional Mineral Resources to Ore Reserves,new discoveries and bolt-on acquisitions in the region.In addition,a final feasibility study has been completed for a stand-alone 4Mtpa bulk mining and processing operation at the KOTH project,located 80kms south of the
5、Darlot mine.The feasibility study outlined an ore reserve of 2.4Moz of contained gold for the KOTH project.Early project development works have commenced and subject to debt financing and a final investment decision,first gold production is scheduled for the June 2022 quarter.Through its Philippine-
6、affiliated company Greenstone Resources Corporation,the Red 5 Group holds an interest in the Siana Gold Project,located on the island of Mindanao in the Philippines,which is held under a Mineral Production Sharing Agreement(MPSA).Mining operations at the Siana Gold Project are currently suspended pe