VAULT MINERALS LIMITED — Capital/Financing Update 2012

Feb 5, 2012

Red5Limited ABN 73 068 647 610

ASX report to ShAreholderS

6 February 2012

First gold at Siana

the commissioning phase at the Siana mine in Surigao del Norte, philippines has produced its first gold bar, GrC0001, comprising both gold and silver and weighing a total of 228 ounces.

Red5 limited

is a publicly listed company on the ASX - ticker symbol RED

The bar which is estimated at approximately 50% gold was derived from Siana low grade stockpiles, minor Mapawa low grade stockpiles and ore from the upper pit benches exposed during the pre-strip. The bar was poured late on 3 February 2012.

The Board strategy is to focus on the development of Siana.

Inquiries regarding this report and company business may be directed to:

As previously advised, the materials handling issues at transfer points due to sticky ore are largely resolved and the Siana gold plant commissioning is now progressing satisfactory.

With the increasing introduction of pit ore, running times are improving each day. The crusher has demonstrated it can now operate at 150% of its initial design capacity (750,000 tonnes per annum, dry ore basis) and the pre-SAG mill transfer system has operated above the initial design capacity of 2,000 tonnes a day.

Greg edwards

Managing Director (office) +63 2 807 2790 (mob) +61 408 370 582, or

The Company is currently reviewing the budget through to June 2013 and will provide production guidance including estimated cash flows and cash costs, at month end.

Colin G. Jackson Chairman (office) +61 8 9322 4455 (mob) +61 407 718 372

Investor Inquiries: info@red5limited.com

Address & Registered Office: Level 2, 35 Ventnor Avenue West Perth 6005 Western Australia Tel: (+61) 8 9322 4455 Fax: (+61) 8 9481 5950 Web: www.red5limited.com

Greg edwards Managing Director

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