Red 5 Ltd (ASX:RED)'s Patrick Duffy updates following the news the company's boosted its cash balance by US$19 million after completing the divestment of the historic Siana Gold Project in the Philippines. The gold explorer and project developer, which is on the cusp of producing first gold at its King of the Hills asset in Western Australia mid-next year, will part ways with the Philippine asset in a deal with TVI Resource Development (Phils) Inc. (TVIRD).
Red 5 completes Siana gold project divestment as King of the Hills construction ramps up
