Red 5 Limited announced that it continues to make significant progress with the construction and development of its 2.4Moz, 16-year life-of-mine King of the Hills (KOTH) Gold Project in Western Australia. The KOTH Project is progressing on schedule for first gold in the June Quarter 2022 and remains within budget, with key construction progress during September 2021 including: Installation of the mill shell (36-foot diameter) commenced, with the trunnion bearing sole plates having been grouted and the mill motors lifted into position (with each motor weighing 62 tonnes); Installation of the crusher building steelwork commenced, with the concrete base and chutes now installed and the gyratory crusher being assembled before lifting into place; Construction of the ROM wall is in progress, with 26 of 40 lifts completed; CIL tank painting is in progress, and the acid wash hopper and elution column installed; The liner handler delivered to site; Erection of the gold room commenced; The power station foundations are complete, installation of electrical cables has commenced, and the first gas engine is now in position; The mine services building is fully assembled, and the fit-out is ongoing; and Earthworks are ongoing for the wall lift of Tailings Storage Facility 4.