Red 5 Limited, a company originally established in 1995 and based in West Perth, Australia, underwent a significant transformation in 2024. The entity, focused on gold exploration and production, successfully completed a merger with Silver Lake Resources Limited on June 19, 2024. This strategic combination led to the company rebranding as Vault Minerals Limited, with its shares now trading under the ticker VAU.AX as of September 2024. The newly formed Vault Minerals Limited is now positioned as a leading mid-tier gold producer, boasting a diversified portfolio of operational assets primarily across Western Australia. Its core operations center on the King of the Hills (KOTH) Gold Mine, which encompasses both open pit and underground mining, and the Darlot Gold Mine, a satellite underground operation feeding the King of the Hills processing hub. The company also retains a royalty interest in the Siana Gold Project located in the Philippines, which recommenced gold production in 2023. With a strengthened balance sheet, including substantial cash and no corporate debt as of June 2024, the company aims to maximize portfolio value and pursue future growth opportunities, projecting robust gold sales for fiscal year 2025.