Slide 1: Denver Gold Forum
For personal use only ASX Code: RED Denver Gold Forum 23-26 September 2018 Mark Williams, Managing Director
Slide 2: Competent Person's Statement and Disclaimer
Competent Person’s Statement and Disclaimer Competent Person Statement for Exploration Results For personal use only The information in this presentation which relates to Exploration Results is extracted from the ASX announcement titled “High-Grade Drilling Results Confirm Potential for Resource Ext
Slide 3: Red 5 – Corporate Summary
Red 5 – Corporate Summary For personal use only Share Price Issued Shares Market Cap Kevin Dundo Chairman (at 20/09/18) (undiluted) (at 20/09/18) Mark Williams Managing Director A$0.057 1,242.0M A$70.8M Ian Macpherson Non-executive Director Colin Loosemore Non-executive Director Enterprise V
Slide 4: Red 5 Projects: 2.7Moz Resource Inventory
Red 5 Projects: 2.7Moz Resource Inventory Siana Gold Project, Philippines For personal use only • Open pit and underground mining Darlot Gold Mine, WA • CIL process plant • Underground mining • Operations temporarily suspended • CIL process plant Mapawa Project, Philippines King of the Hills Gold Pr
Slide 5: Red 5 - A small company that delivers
Red 5 - A small company that delivers Key milestones over the past 18 months… For personal use only April 2017 – Mining operations suspended at the Siana Gold Project in the Philippines August 2017 – Acquisition of the Darlot and King of the Hills (KOTH) mines in WA October 2017 – Assumed oper
Slide 6: Eastern Goldfields Operations – Ramp-Up
Eastern Goldfields Operations – Ramp-Up For personal use only Combined Darlot and KOTH operations continuing to ramp-up, with KOTH on track to achieve full capacity by September 2018 FY19 production guidance 100,000-115,000oz1, and guidance for the September 2018 quarter 23,000-26,000oz2 FY19
Slide 7: Darlot - Increased Resources & Reserves
Darlot - Increased Resources & Reserves For personal use only Updated JORC 2012 Resource of 6.2Mt @ 4.8g/t for 949koz Increased Ore Reserve to 1.92Mt at 3.5g/t Au for 219koz including stockpiles Potential for strong Reserve growth with continued Resource-to-Reserve conversion as additional sto
Slide 8: Darlot high grade discovery – Oval West
Darlot high grade discovery – Oval West For personal use only 5.0m @ 5.7g/t Au (CAD0400) 5.0m @ 5.5g/t Au (CAD0401) 1.0m @ 7.8g/t Au (CAD0402) 9.0m @ 13.2g/t Au (CAD0403) 0.8m @ 0.8g/t Au (CAD0404) 4.5m @ 7.2g/t Au (CAD0405) 4.5m @ 50.0g/t Au (CAD0406) 5.0m @ 10.0g/t Au (CAD0407) 4.5m @ 28.4g/t Au (
Slide 9: Oval – Resource increases 79% in six months
Oval – Resource increases 79% in six months Oval Probable Ore Reserve by Level as at June 2018 For personal use only Level Tonnes Grade g/t Au Contained Gold oz OV738 58,604 7.08 13,347 OV723 72,276 8.22 19,210 OV707 35,878 8.25 9,518 Upper Oval West 167,208 7.83 42,075 OV690 31,607 5.00 5,084 OV673
Slide 10: King of the Hills Mine – Maiden Red 5 Reserve
King of the Hills Mine – Maiden Red 5 Reserve For personal use only Underground Resource increased 64% to 3.89Mt @ 5.3g/t Au for 658Koz Northern Mine Maiden Red 5 Ore Reserve of 0.71Mt @ 3.9g/t for 88Koz Underground mining and Resource drilling commenced January 2018, Central Mine ramp-up prog
Slide 11: King of the Hills Mine – Not Tested at Depth
King of the Hills Mine – Not Tested at Depth For personal use only In a four year period from 2011 to 2015, St Barbara Ltd produced 19Mt of ore at an average 4.3g/t, producing 260Koz from the northern third of the orebody3 Existing deposit remains open in all directions, and is particularly unde
Slide 12: KOTH Eastern Veins Concept
KOTH Eastern Veins Concept – Holes KHRD0095 to 101 Seven hole program has provided evidence of significant high grade bulk stope potential in tension veins and For personal use only stockworks in the Eastern Margin Contact of the Northern Mine at King of the Hills, with potential for this to be re
Slide 13: KOTH Eastern Veins Concept - Location of Drilling
KOTH Eastern Veins Concept - Location of Drilling For personal use only 13
Slide 14: KOTH Eastern Veins Concept - 4Km of potential
KOTH Eastern Veins Concept - 4Km of potential For personal use only > 4km horizontal distance between the granodiorite / ultramafic contact Plan view (mine grid) of the interpreted Long section looking West (mine grid) of the interpreted Tarmoola granodiorite (light green) with the Tarmoola granodio
Slide 15: KOTH Eastern Veins Concept - Story so far
KOTH Eastern Veins Concept - Story so far For personal use only The seven drill hole program (KHRD0095 to KHRD0101) that has recently been completed was designed to test the “proof of concept” of the development of the gold bearing ENE-WSW (mine grid) trending tension veins developed along the eas
Slide 16: King of the Hills – Growth Opportunities
King of the Hills – Growth Opportunities For personal use only Heap Leach assessment: Potential to heap leach lower-grade ore from KOTH underground and cut-back to historical open pit Preliminary test work indicates +70% recovery achievable at typical heap leach operating conditions Second s
Slide 17: Darlot – A Treasure Trove of Exploration Opportunity
Darlot – A Treasure Trove of Exploration Opportunity For personal use only Lords High Pipeline of ranked Amplitude exploration and resource targets Large number of bolt-on opportunities for near-term El Dorado Resource and South Reserve growth Recent acquisition of Ockerburry Hill Tenement, 20
Slide 18: Darlot – Multiple Near-Surface & Deep Targets
Darlot – Multiple Near-Surface & Deep Targets For personal use only Darlot Thrust extension targets Aurora Target – strong multi-element geochemical target along strike from Centenary Darlot - Key underground targets Waikato Open Pit – Waikato IP, Thrust Magnetic Target – Repeat Mine Targets near-su
Slide 19: Darlot – Key Underground Targets
Darlot – Key Underground Targets For personal use only Second underground drill rig on site focused on El Dorado near-mine targets and 3D seismic targets: Oval North Lords High North Amplitude Lords High Amplitude West Oval North West CDA Lords Oval Flattening Felsics Pederson South El Dorad
Slide 20: King of the Hills – Regional Targets Underexplored
King of the Hills – Regional Targets Underexplored 11,751 ha tenement package in the Leonora Greenstone For personal use only Belt, complete with extensive high-quality exploration datasets: High resolution magnetics High resolution gravity 2D seismic lines (over deposit position) Tenement
Slide 21: Siana Gold Project, Philippines
Siana Gold Project, Philippines Red 5’s Philippine affiliated company, Greenstone Resources has For personal use only received national government clearance and notice to proceed to construct and operate new Tailings Storage Facility Delays in receiving regulatory approvals for a new TSF had res
Slide 22: Red 5 – New Mines, Not Old Mines
Red 5 – New Mines, Not Old Mines Commanding 36,489ha footprint in the highly-endowed Leonora- For personal use only Leinster gold district – Darlot, King of the Hills and Ockerburry Hill Darlot exploration is delivering broad mineralised intercepts at grades equal to or possibly better than the
Slide 23: Thank-you
For personal use only Thank-you 23 ASX Code: RED