High grades, good volumes and growing, and low costs.
Combine this news with reports two weeks ago from Australian Mining, and you have to be happy to be in RED.
"Red5’s King of the Hills (KOTH) gold mine has ramped up production, producing more than 36,000 ounces in the December quarter.The increased production at KOTH is expected to position the company as a mid-tier Australian gold producer in the future
"With a processing cost of $12 per tonne, the KOTH process plant is the lowest cost mill in WA’s Leonora district."
Ann: Outstanding drill results from King of the Hills, page-6
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