Regis Resources Limited · ASX:RRL
Regis Resources — Diggers and Dealers Mining Forum 2022
21 slides from Regis Resources's conference presentation, Aug 3, 2022
Slide 1: A Future With Growth
A FUTURE WITH GROWTH 1 For personal use only Diggers and Dealers Mining Forum Jim Beyer – Managing Director and CEO 3 August 2022 ASX:RRL
Slide 2: Cautionary Statement
2 CAUTIONARY STATEMENT This presentation contains only a brief overview of Regis Resources Limited and its associated The Company confirms that it is not aware of any new information or data that materially affects entities (“Regis or RRL") and their respective activities and operations. The content
Slide 3: Investment Highlights
3 INVESTMENT HIGHLIGHTS Strong platform to launch future growth For personal use only Strong Financial Position - Cash and Gold on hand: $231m Long Life - Net Debt: $69m - Reserve life of 9 Years - Net Debt to FY21 EBITDA: 0.17x Simplicity and Scale Robust Margins - 4th Largest producer on ASX - FY2
Slide 4: Progressive and Measured Approach to ESG
4 PROGRESSIVE AND MEASURED APPROACH TO ESG Strong progress in FY22 For personal use only Lost Time Injury Frequency Rate 40% below WA industry average 23% female employees 27% of managerial and executive positions held by females 40% female directors Zero reportable environmental incidents Increasin
Slide 5: Key Elements of Value Growth
5 KEY ELEMENTS OF VALUE GROWTH For personal use only Exploration Life Extension Growth Increasing Business Value McPhillamys Step Change Growth Grow Open Pits & Undergrounds New mines and extensions to existing mines Tropicana (30%) Moolart Well Garden Well Rosemont Time
Slide 6: Growth Outlook
6 GROWTH OUTLOOK A business with scale and multiple organic growth options For personal use only Targeting 500koz per year by FY25 June quarter FY22 at 124koz Group Production Targets (koz) FY23 Guidance: 450-500koz AISC $1525-$1625/oz 450-500 500+ 500+ 437 450-500 2 current reliable cash generating
Slide 7: Key Elements of Value Growth
7 KEY ELEMENTS OF VALUE GROWTH For personal use only Increasing Business Value Grow Open Pits & Undergrounds New mines and extensions to existing mines Tropicana (30%) Time
Slide 8: Tropicana Outlook
8 TROPICANA OUTLOOK Reliable cash flow generation with an increasing production profile For personal use only FY23 Gold production of 130koz-145koz at AISC of $1350-$1450/oz Gold production increases to ~150koz from FY24 onwards Growth capex decreasing from FY24 onwards Mine life targeted to extend
Slide 9: Mine Plan - Tropicana
9 MINE PLAN - TROPICANA Long term mine life with no end in sight Mill throughput at 9-10Mtpa (20% U/G, For personal use only 50% O/P, 30% Stockpile) Boston Open Pit feed from Havana to Shaker commence in FY23 at 1.5g/t reducing lower grade stockpile feed Tropicana Underground feed from Boston Shaker
Slide 10: Key Elements of Value Growth
10 KEY ELEMENTS OF VALUE GROWTH For personal use only Increasing Business Value Grow Open Pits & Undergrounds New mines and extensions to existing mines Moolart Well Garden Well Rosemont Time
Slide 11: Duketon Outlook
11 DUKETON OUTLOOK Transitioned back to reliable production and cash generation For personal use only FY23 Gold production of 320koz-355koz at AISC of $1550-$1650/oz Growth capex decreasing from FY24 onwards Mill throughput of 8-9Mtpa Underground feed at 1-1.3Mtpa from Rosemont and Garden Well at 2.
Slide 12: Near Mine Exploration – Duketon Underground
12 NEAR MINE EXPLORATION – DUKETON UNDERGROUND The entire Garden Well Underground system potential is growing….. it’s more than we thought. For personal use only A-A’ A A’ Undrilled Area Drilling results continue to indicate a large broad system that holds high grade zones. Additional focus is on th
Slide 13: Key Elements of Value Growth
13 KEY ELEMENTS OF VALUE GROWTH For personal use only Exploration Life Extension Growth Increasing Business Value McPhillamys Step Change Growth Time
Slide 14: McPhillamys – Approvals Progressing
14 MCPHILLAMYS – APPROVALS PROGRESSING One of Australia’s largest undeveloped open pit gold resources For personal use only MINERAL RESOURCE Life-of-mine 2.29 Moz Au 10+ years ORE RESERVE 2.02 Moz Au PRODUCTION Up to ~200kozpa Au SATELLITE PROJECT Discovery Ridge 390koz Au Resource Multiple addition
Slide 15: A Future of Growth
15 A FUTURE OF GROWTH On greenstone belts the longer you explore the more you find… For personal use only Kalgoorlie- Norseman Belt >90% ownership of Laverton Belt entire belts 160Moz 40Moz Belt Ounces Leonora- Wiluna Murchison Belt 32Moz 32Moz Albany Fraser Southern Yilgarn Craton Archean Belt Cros
Slide 16: Duketon Project A Future of Growth
DUKETON PROJECT 16 A FUTURE OF GROWTH Under explored area is showing its potential For personal use only Moolart Well Mill Promising results on the Rosemont South Trend Rosemont • 10m @ 110 g/t gold from 140m South Trend Rosemont Mill • Including 4m @ 274 g/t gold from 140m One drill hole Garden Wel
Slide 17: The Investment Case
17 The Investment Case The Regis recipe for outperformance For personal use only Strong financial platform Generate robust operating cash flows Long Reserve life with a production growth profile Exclusively in Tier 1 locations Progressive and measured approach to ESG Returning to consisten
Slide 18: A Future With Growth
A FUTURE WITH GROWTH 18 For personal use only Jim Beyer – Managing Director & CEO 3 August 2022 ASX:RRL
Slide 19: Appendix - FY23 Production Guidance
19 APPENDIX - FY23 PRODUCTION GUIDANCE Building to a 500koz producer For personal use only Operation Duketon Tropicana (30%) Group Production (koz) 320 - 355 130 - 145 450 - 500 AISC (A$/oz) 1,550 - 1,650 1,350 - 1,450 1,525 - 1,625 Growth Capital (A$M)1 85 - 90 60 - 65 145 - 155 Exploration and McP
Slide 20: Appendix – Reserve Table
20 APPENDIX – RESERVE TABLE For personal use only ORE RESERVES as at 31 December 2021 (Regis Attributable) Gold Proved Probable Total Ore Reserve Competent Person3 Cut-Off Tonnes Gold Grade Gold Metal Tonnes Gold Grade Gold Metal Tonnes Gold Grade Gold Metal Project 1 Equity Type (g/t)2 (Mt) (g/t) (
Slide 21: Appendix – Resource Table
21 APPENDIX – RESOURCE TABLE For personal use only MINERAL RESOURCES as at 31 December 2021 (Regis Attributable) Gold Measured Indicated Inferred Total Resource Competent Person2 Cut-Off Tonnes Gold Grade Gold Metal Tonnes Gold Grade Gold Metal Tonnes Gold Grade Gold Metal Tonnes Gold Grade Gold Met
Regis Resources — Diggers and Dealers Mining Forum 2022 on 6ix