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Revised Operational Strategy, Open Pit Mine Plan and

Jan 19, 2017 · Update for Siana Gold Project, Philippines . Red 5 Limited (ASX: RED) advises that a revised operational strategy and open pit mine plan is to be implemented for the Siana Gold Project in the Philippines in response to the delay in obtaining regulatory

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Revised Operational Strategy, Open Pit Mine Plan and

Jan 19, 2017 · Update for Siana Gold Project, Philippines . Red 5 Limited (ASX: RED) advises that a revised operational strategy and open pit mine plan is to be implemented for the Siana Gold Project in the Philippines in response to the delay in obtaining regulatory

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The Siana Gold Project is loed within the Siana Mineral Production Sharing Agreement (MPSA). Mining and processing activities at Siana were suspended in April 2017 pending an improvement in operating conditions in the Philippines.

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Corporate Overview — Red 5 Limited

The Group''s second principal asset in the Philippines is the Mapawa MPSA, loed 20km north of Siana, which has the potential to be developed as a satellite source of ore feed for the Siana processing plant. Mapawa hosts a known gold porphyry system with numerous high grade gold occurrences throughout the project area.

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