Red 5 Limited is listed on the Australian Securities Exchange (ticker RED) and OTCQX International (RDFLY).
The Company boasts a strong institutional shareholder base, with a significant proportion of the Company’s issued share capital held by international and domestic institutions. Click here to see our current major shareholders.
The Group’s principal asset is the Siana Gold Project located on the island of Mindanao in the Philippines. The project is held under a Mineral Production Sharing Agreement (MPSA) by Greenstone Resources Corporation (a Red 5 Philippine affiliate company).
The deposit is currently mined by open pit methods transitioning to underground mining following completion of the open pit.
The Group’s second principal asset is the Mapawa MPSA, located 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. The area has had little exploration activity and is considered to have significant potential.