Red 5 Limited reported further strong results from in-fill and extensional underground diamond drilling at the King of the Hills (KOTH) gold mine, located in the Eastern Goldfields region of Western Australia. Converting as much of the existing Underground Resource into Ore Reserves for inclusion in the Final Feasibility Study (FFS), due in the September 2020 Quarter; Reassessing the final pit shape (to determine whether more of the underground Resource can be included in the pit due to grade uplift in both the North and South; and Testing potential extensions of the existing underground Resource along strike and down-dip. The current underground Resource includes 500,000oz in the Indicated category, suitable for estimating Ore Reserves, and 610,000oz in the Inferred category based on the reported 1.0 g/t cut off, which requires in-fill drilling to be upgraded to Indicated status. The drilling results reported in this release include in-fill results which are expected to upgrading Inferred Resources to Indicated status, immediate extensions of the existing underground Resource (highlighting the potential to deepen the south end of the open pit), exciting results from newly identified lodes and extensions along strike and down-dip in-fill and grade control results from areas that are being targeted for bulk underground mining. The Resource extension drilling referred to in this announcement relates almost exclusively to the potential for extending the current Underground Resource. However, the drilling of the eastern veins and south pit could also potentially deepen the southern end of the open pit. The reported drilling comprises the KHRD resource extension series and KUGC (grade control) in-fill drilling aimed at improving the resource confidence and definition for stope design. The areas where drilling has focused are the Regal, Western Tension Veins, Eastern Tension Veins (which have seen previous drilling), two new areas White Walker and Direwolf and a new structural corridor on the eastern contact located between the Osha and Eastern Flanks and the commencement of drilling under the South Pit from the southernmost locations available from the underground access. The target area represents the down-dip extensions along the Osha/Imperial structural corridor approximately 400-metre down-dip of current bulk stopes on the W4954 level (Lemonwood stope). The targets are deformities or "scars" identified in the granodiorite model that appear to be a network of Osha/Kaiser/Imperial style structures at depth. Structural interpretation is currently underway, with the most significant grades being close to the Granodiorite contact where deformation is strongest, including several intersections of coarse visible gold. This area represents a non-traditional target for Red 5 at KOTH. The White Walker structure dips shallowly to the north-east, is situated approximately 100 metres into the hanging wall of the GranodioriteUltramafic contact, and is characterised by a broad zone of strong to intense pyrite + sericite + ankerite and minor albite + chalcopyrite + galena + sphalerite alteration associated with a strongly folded horizon of Fe-rich shale and chert sediments within a package of variolitic pillow basalts. Drilling is targeting potential down-dip extensions to the north-east of the modelled White Walker lode approximately 150 ­ 320 metres outside the current resource model. The drilling is also targeting a newly identified stacked lode called Direwolf, which may have potential for bulk mining where a series of stacked mineralised lenses come together. This initial phase of drilling indicates that this area may develop into an additional mining front and provide additional high-grade mill feed along with the ongoing bulk stoping for the "Truck to Darlot" business model. Extensional drilling, targeting White Walker, intersected significant grade and widths outside the current Resource. These holes support the potential to extend the Resource model within the White Walker Domain. Drilling north from W4920_120, shallow holes were drilled to target bulk stope potential in areas which can be accessed in the near term. These holes targeted a continuation of bulk-style mineralisation along the 4920mrl level, north of current development (same granodiorite position as the W4952 level and stope). Tension vein frequency and strength increased to the north, extending the mineralisation approximately 5 metres into the ultramafic.