Red 5 increases production in Dec quarter

Junior gold miner Red 5 has reported an increase in gold production during the three months to December, putting the company on track to reach its 2019 financial year production target of between 100 000 oz and 115 000 oz.

ASX-listed Red 5 produced 26 118 oz of gold during the December quarter, up from the 21 609 oz produced in the previous quarter, with 27 149 oz sold during the same period, compared with 20 241 oz sold in the September quarter.