Red 5 Limited announced that Mr. David Jerdin has been appointed to the position of General Manager, Siana Gold Project. David is responsible for all the capital works and for the re-start of operations. David is well known to Siana, having being previously responsible for the successful construction of the processing plant and associated infrastructure.

Following a complete organizational review, key experienced senior management personnel have been appointed and have commenced work at Siana, including: Mine Manager with extensive open pit, hydrology, and geotechnical experience gained in a number of countries, with a proven ability to train and develop national mining professionals; Maintenance Manager with substantial on site experience involved in process plant construction, management of the pit dewatering program and power plant operations; and Senior Mining Engineer with a mix of site-based production experience and office-based planning roles. The remaining member of the senior management team, the Health, Safety, Environmental and Community Manager, will commence in mid-July. He is a business professional with experience in mining across the Philippines, including Northern Mindanao, managed all aspects of HR, and also has extensive capability with community project work and relations.