Regis Resources Limited · ASX:RRL
Regis Resources — BofA Global Metals, Mining & Steel Conference 2021
23 slides from Regis Resources's conference presentation, May 18, 2021
Slide 1: Global Metals, Mining & Steel Conference – May 2021
For personal use only Global Metals, Mining & Steel Conference – May 2021 ASX:RRL
Slide 2: Cautionary Statement
2 CAUTIONARY STATEMENT This presentation contains only a brief overview of Regis Resources Limited and its associated “Investor Presentation – Equity Raising for proposed acquisition of 30% interest in the For personal use only entities (“Regis or RRL") and their respective activities and operations
Slide 3: Corporate Overview
3 CORPORATE OVERVIEW CAPITAL STRUCTURE BOARD & MANAGEMENT For personal use only ASX Code RRL James Mactier Jim Beyer Steve Scudamore Issued capital1 754m shares Independent Managing Director Independent Non-Executive Chairman Non- Executive Director Market capitalisation2 A$2.0b Lynda Burnett Fiona
Slide 4: Consistency & Growth
4 CONSISTENCY & GROWTH For personal use only Elevating Sustainability Reporting Australian centric operations Strong Financial Position Duketon Tropicana JV Low Cost Producer Consistent and Reliable Performance MOOLART WELL 2.5Mtpa Strong Value Growth Profile McPHILLAMYS PROJECT 2 Moz Ore Reserve Po
Slide 5: People – The Foundation of Our Success
5 PEOPLE – THE FOUNDATION OF OUR SUCCESS Total 950 people – 338 employees & 612 contractors For personal use only 6.0 Lost Time Injury Frequency Rate 5.0 4.0 Consistently improving trend 3.0 2.0 1.0 0.0 Preventing harm to our people, our stakeholders and our business through: Strengthening a culture
Slide 6: Transparent Sustainability and ESG Reporting
6 TRANSPARENT SUSTAINABILITY AND ESG REPORTING Aligning to UN Sustainable Development Goals For personal use only Safety & Environmental Health Stewardship Supply Chain Shared Values Risk with Host Management Communities Employment + Workforce Management Corporate Conduct Indigenous Opportunities +
Slide 7: Duketon Operation Overview
7 DUKETON OPERATION OVERVIEW For personal use only 5.4Moz in Resources and 2.0Moz in Reserves Production Guidance of 355,000 - 380,000oz gold at A$1,230-$1,300/oz AISC and Growth Capital of A$60- 70m for FY2021 Three operating centres in Garden Well, Moolart MOOLART WELL Well and Rosemont DUKETON PR
Slide 8: Industry Leader in Low Cost Production
8 INDUSTRY LEADER IN LOW COST PRODUCTION For personal use only 2020 Global AISC Cost Curve (US$/oz)(1) 2,500 2,000 Proforma Regis 1,500 Duketon 1,000 Tropicana 500 0 Source: Wood Mackenzie, Company Filings. 1. The foregoing cost curve was obtained from Metals Cost Service – Gold Mine™, a product of
Slide 9: Duketon Gold Endowment Growth
9 DUKETON GOLD ENDOWMENT GROWTH Consistent Resources & Reserves Replacement and Cumulative Production (2014-21) For personal use only 9 8 7 6 Ounces (million) 5 4 3 2 1 0 2014 2015 2016 2017 2018 2019 2020 2021 Resources Reserves Cumulative Production
Slide 10: Key Elements of Value Growth
10 KEY ELEMENTS OF VALUE GROWTH For personal use only Exploration & Optimisation Life Extension Growth McPhillamys Gold Project Increasing Business Value Step Change Growth Tropicana will add immediate cash flow and production to Additional Duketon Underground the portfolio Incremental Growth Tropic
Slide 11: Tropicana Gold Mine
11 TROPICANA GOLD MINE For personal use only Top 5 largest producing gold mines in Australia All deposits open at depth providing a clear pathway to Historical gold production of ~450–500kozpa extend mine life Low cost, high margin, established infrastructure and Underexplored satellite pr
Slide 12: Key Elements of Value Growth
12 KEY ELEMENTS OF VALUE GROWTH For personal use only Increasing Business Value Tropicana will add immediate cash flow Additional Duketon Underground and production to the portfolio Incremental Growth Tropicana Mine (30%) Acquisition Step Change Growth Potential Incremental Additions at Duketon Gard
Slide 13: Incremental Growth from Underground
13 INCREMENTAL GROWTH FROM UNDERGROUND Value created with high grade UG ore displacing lower grade OP ore For personal use only GARDEN WELL UNDERGROUND FEASIBILITY MINING MATERIAL 1.8Mt @ 3.2 g/t Au for 190koz Au Progress • Portal complete FEASIBILITY MINING MATERIAL • Decline development commenced
Slide 14: Incremental Growth from Underground
14 INCREMENTAL GROWTH FROM UNDERGROUND For personal use only MORE UG PROJECTS IN THE EVALUATION PIPELINE
Slide 15: Key Elements of Value Growth
15 KEY ELEMENTS OF VALUE GROWTH For personal use only McPhillamys Gold Project Increasing Business Value Step Change Growth Tropicana will add immediate cash flow and production to Additional Duketon Underground the portfolio Incremental Growth Tropicana Mine (30%) Acquisition Step Change Growth Pot
Slide 16: McPhillamys – Approvals Approaching Final Stage
16 MCPHILLAMYS – APPROVALS APPROACHING FINAL STAGE MINERAL RESOURCE For personal use only 2.29 Moz Au ORE RESERVE 2.02 Moz Au PRODUCTION Up to ~200 Kozpa Au SATELLITE PROJECT Discovery Ridge - 390koz Au Resource PRE-FEASIBILITY STUDY PHYSICALS1 Ore milled (Million tonnes) 60.1 Grade (g/t) 1.05 Recov
Slide 17: Key Elements of Value Growth
17 KEY ELEMENTS OF VALUE GROWTH For personal use only Exploration & Optimisation Life Extension Growth McPhillamys Gold Project Increasing Business Value Step Change Growth Additional Duketon Underground Incremental Growth Tropicana Mine (30%) Acquisition Mine Life Extensions Step Change Growth Ben
Slide 18: Ben Hur Growth Adds Mine Life
18 BEN HUR GROWTH ADDS MINE LIFE For personal use only MAIDEN ORE RESERVE 3.5Mt @ 1.2 g/t Au for 130koz Au UPGRADED MINERAL RESOURCE 5.8Mt @ 1.2 g/t Au for 390koz Au POTENTIAL • 2km long mineralised system open along strike and to depth • Infill drilling confirming existing mineralisation • Extensio
Slide 19: Duketon Optimisation
19 DUKETON OPTIMISATION Conversion of low-grade resources into reserves For personal use only 9 • Detailed studies during FY21 has converted 8 significant resources into reserves 7 • Operating life extended to 2028 with Ore 6 Ounces (million) Reserves increased by 20% net of mining 5 depletion – 700
Slide 20: Accelerating Discovery for Long Term Life
20 ACCELERATING DISCOVERY FOR LONG TERM LIFE For personal use only Exploration budget increased Central to A$28m for FY21 Zone Greenfields exploration Matts Bore MOOLART WELL portion now A$23.5m versus Betelgeuse A$5-7m per year historically Risden Well Accelerated exploration on ROSEMONT Campervan
Slide 21: Key Elements of Value Growth
21 KEY ELEMENTS OF VALUE GROWTH For personal use only Exploration & Optimisation Life Extension Growth McPhillamys Gold Project Increasing Business Value Step Change Growth Tropicana will add immediate cash flow and production to Additional Duketon Underground the portfolio Incremental Growth Tropic
Slide 22: Consistency & Growth
22 CONSISTENCY & GROWTH For personal use only Elevating Sustainability Reporting Australian centric operations Strong Financial Position Duketon Tropicana JV Low Cost Producer Consistent and Reliable Performance MOOLART WELL 2.5Mtpa Strong Value Growth Profile McPHILLAMYS PROJECT 2 Moz Ore Reserve P
Slide 23: Further information
For personal use only Further information: Jim Beyer | Managing Director & CEO + 61 8 9442 2200
Regis Resources — BofA Global Metals, Mining & Steel Conference 2021 on 6ix