Red 5 reports strong quarterly production of 61,705 gold ounces at KOTH

- Australian gold producer Red 5 announced yesterday that its King of the Hills mine, located in Western Australia, produced 61,705 ounces in the June 2023 Quarter after posting its fourth consecutive month of record gold production in the month of June.

Red 5 added that strong quarterly production of 61,705 ounces sees the company achieve the top end of 2H FY2023 guidance of 90,000-105,000oz, with all-in sustaining costs expected to be within guidance of A$1,750-1,950/oz.

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