Red 5 Limited advised 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 August 2021 including: All SAG mill components have been delivered to site, sole plates are in place on the foundations and assembly of the mill shell and girth gear has commenced; Construction of the plant administration building is complete, and the maintenance workshop and warehouse are both nearing completion; The concrete suspended slab for the gyratory crusher has been poured and construction of the ROM walls has commenced; CIL tanks, including draft tubes and baffles, are fully welded except for the access panels at the base, which will be installed following installation of the tank agitators and painting of the upper levels of the tanks; Six of eight CIL tank agitators have been assembled; Lime Silo has been installed; All in-ground conduits for the power station have been installed and pouring of the concrete surface slabs has commenced; and, The contractor for the lift of the tailings storage facility 4 has mobilised to site and earthworks have commenced. The KOTH Village is fully operational, and the installation contractor has demobilised. Underground drilling at KOTH has recommenced with the mobilisation of one drill rig by AUD in August 2021. A second underground drill rig is planned to be mobilised in April 2022.