Red 5 progress in Philippines

PERTH-based gold explorer Red 5 is progressing its Siana gold project in the Philippines with preparation of its environmental impact statement on schedule for submission mid-May.

The initial underground resource upgrade programme is near completion with intersection interval results of 2 metres at 18.6 grams per tonne gold and 6.3% zinc; 7m at 9.8gpt gold and 1.

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