Red 5 Limited provided production guidance for the third quarter and full year 2020. Production for the March 2020 Quarter is expected to be in the range of 20,000 to 22,000 ounces, compared to previous guidance of between 25,000 to 29,000 ounces.

The company announced that full-year production for the 2020 is expected to be within the range of 100,000 to 105,000 ounces, compared to previous guidance of 110,000 to 120,000 ounces.

The Company delivered total gold production of 51,995 ounces for the first half of the 2020 financial year, recovered from 477,079 tons of ore processed at an average head grade of 3.64g/t Au.