EXPLORATION & DEVELOPMENT

Red 5 boosts Siana ounces

RED 5 has increased the resource at its Siana openpit in the Philippines to 1.1 million ounces and says it will add further ounces from current drilling plus substantial low-grade stockpiles and mineralised tailings left over from previous mining.

Michael Quinn

Red 5 boosts Siana ounces

A 15 hole deep drill program below the openpit has already had success, with the first hole recording 19m grading 7.9gpt from 60m below the bottom of the pit. Red 5 currently has four rigs on site and...

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