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Red 5 Planning Western Australia Gold Production Hub
Red 5 Ltd has announced separate agreements to acquire the operating Darlot gold mine from Gold Fields Ltd. and the advanced King of the Hills gold project from West Australian gold producer Saracen Mineral Holdings. Both assets are located in West Australia's Eastern Goldfields, about 900 kilometers (km) northeast of Perth, with King of the Hills located about 80 km south of Darlot. Red 5 considers the Darlot processing plant to be a key to unlocking numerous isolated gold deposits that lie within a 100-km radius. The first additional deposit to be pursued under this strategy will be the King of the Hills project.
Red 5 Planning Western Australia Gold Production Hub
Red 5 Ltd has announced separate agreements to acquire the operating Darlot gold mine from Gold Fields Ltd. and the advanced King of the Hills gold project from West Australian gold producer Saracen Mineral Holdings. Both assets are located in West Australia's Eastern Goldfields, about 900 kilometers (km) northeast of Perth, with King of the Hills located about 80 km south of Darlot. Red 5 considers the Darlot processing plant to be a key to unlocking numerous isolated gold deposits that lie within a 100-km radius. The first additional deposit to be pursued under this strategy will be the King of the Hills project.
Red 5 Planning Western Australia Gold Production Hub
2017
Article (Journal)
English
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