RED 1.19% 42.5¢ red 5 limited

Not from my reading, but who would know. " Underground mine...

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    Not from my reading, but who would know.
    " Underground mine development commenced, with 445m of development completed, portals and important surface infrastructure established and costs reduced  Revised metrics for the underground were released in June 2017, including Life-of-Mine production of 504koz at an average All-in Sustaining Cost of US$790-US$840/oz, and a maximum cash draw of US$46M8 19 Siana Underground: Cross section at 55100N  Based on 8-year production mine life mining 3.8Mt at head grade of 4.6g/t gold equivalent to produce 504,000oz of gold8 8. Red 5 ASX release “Siana Gold Project and Company Update”, 20 June 2017 Red 5 Limited Summary and Outlook  Dynamic growth strategy in the Australian gold sector underway, while preserving inherent value of Philippines projects
 
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