Red 5 clarifies statement on Mapawa target mineralisation announcement

Red 5 (ASX: RED) has reiterated information on the company’s Mapawa target mineralisation statement as requested by the ASX.

Target mineralisation at the company’s LSY prospect within the Mapawa Gold Project in the Philippines, contains an estimated three to four million tonnes with an estimated gold endowment of 150,000 to 300,000 ounces, as stated in an announcement yesterday.

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