Regis Resources Limited · ASX:RRL
Regis Resources — Diggers and Dealers 2023
20 slides from Regis Resources's conference presentation, Aug 8, 2023
Slide 1: A future with growth
A future with growth For personal use only Diggers and Dealers 2023 Jim Beyer – Managing Director and CEO
Slide 2: Cautionary statement
Cautionary statement This presentation contains only a brief overview of Regis Resources Limited and its associated entities (“Regis or The Company confirms that it is not aware of any new information or data that materially affects the information included RRL”) and their respective activities and
Slide 3: Exploration Target
Exploration Target Exploration Target at Garden Well (noted on Slide 11) is extracted from ASX release “Mineral Resource and Ore Reserve Statement” dated 20 June 2023. The Exploration Target on the Garden Well underground deposit is based on drilling data up to 30 March 2023. The Exploration Target
Slide 4: Long life assets in tier locations
Long life assets in tier 1 locations 10+ years Darwin Strong platform to launch disciplined growth McPhillamys • One of Australia’s largest Duketon 6+ years For personal use only NT undeveloped open-pittable gold deposits • Stabilised operational performance • Final key NSW approval QLD • Substantia
Slide 5: Investment highlights
Investment highlights A platform with improving cashflows and multiple growth options 100% in Australia For personal use only High quality portfolio Strong financial platform Organic growth • Targeting 500koz/year • Strong operating cash flows • McPhillamys Project • 100% Australian assets • Net deb
Slide 6: ESG highlights
ESG highlights Progressive and measured approach to ESG For personal use only LTIFR Carbon reduction 0.9 Solar farm Female employees Land rehabilitation 21% >350% 9MW solar farm (Duketon) a future with growth 6
Slide 7: Investment phase of producing assets is drawing to a close
Investment phase of producing assets is drawing to a close… …and transitioning to the cash build phase with accompanying increase in return on investment (ROI) Investment phase saw ~A$350M invested in growth Transition to cash build phase in FY25 For personal use only Cash balance (A$M) Completed Ju
Slide 8: The pathway to 500koz per year with margin
The pathway to 500koz per year with margin A business with scale and multiple organic growth options FY24 to FY26 Target 500koz in FY27 keys to maintain… For personal use only • Ramp up and optimise undergrounds • Rolling Reserve replacement Duketon • Grow Garden Well Reserve and expand production 2
Slide 9: Duketon has bright future underground
Duketon has bright future underground 300koz+ producer where the transition underground is showing its potential Garden Well in August 2021 - Then For personal use only Garden Well underground mine Surface drill holes indicated continuity commenced with portal and of mineralisation in the north star
Slide 10: Duketon has bright future underground
Duketon has bright future underground 300koz+ producer where the transition underground is showing its potential Garden Well in August 2023 - Now For personal use only Exploration decline over 900m Exploration Target of 0.8 to 1.3Moz into Garden Well Main established along with first Resource at the
Slide 11: Tropicana – a genuine tier asset
Tropicana – a genuine tier 1 asset Long term mine life with no end in sight For personal use only Havana Tropicana Boston Shaker Strong cash generation over the Havana South life of the mine Mine life targeted to 10+ years Tropicana Underground Underground Reserves outpacing depletion Havana South B
Slide 12: McPhillamys – long life mine
McPhillamys – long life mine Top tier project producing up to 200koz per year over 10+years in Australia NSW state IPC determination received in March For personal use only 2023 Expecting response on Federal Section 10 shortly Final investment decision expected June quarter FY24 Design is a 7Mtpa th
Slide 13: McPhillamys – just the start of the province
McPhillamys – just the start of the province Further drilling could see more ounces added to the future mine plan For personal use only Discovery Ridge has 390koz in Resource Encouraging drill intercepts and with further drilling has the across the road at Kings Plains potential for Reserve addition
Slide 14: Duketon regional geology
Duketon regional geology Another highly prospective greenstone belt in the goldfields The Archean Duketon Greenstone belt is a 100 x 50 km geological domain with strong affinities to the highly gold endowed Laverton Greenstone Belt to the south For personal use only Gloster Multiple gold mineralisat
Slide 15: Tropicana regional geology
Tropicana regional geology Another highly prospective greenstone belt in the goldfields Tropicana discovery opened a new greenstone belt For personal use only Tenement package is still relatively underexplored Angel Eyes, Rosetta and Double Vision prospects which are within 10km of the Tropicana Gol
Slide 16: The investment case
The investment case The Regis recipe for outperformance Strong financial platform For personal use only Robust operating cash flows Accelerating free cash flow with hedgebook completion Long Reserve life with a production growth profile Exclusively in tier 1 locations Progressive and measured approa
Slide 17: Further information
For personal use only Further information Ben Goldbloom Head of Investor Relations + 61 8 9442 2200
Slide 18: FY24 guidance
FY24 guidance A disciplined production plan For personal use only Operation Duketon Tropicana (30%) Group Focus for profitable ounces Production (koz) 280 – 305 135 – 150 415 – 455 AISC includes $200/oz of non-cash stockpile draw AISC ($/oz) 2,050 - 2,360 1,800 - 2,120 1,995 - 2,315 Material reducti
Slide 19: Reserve Table
Reserve Table ORE RESERVES as at 31 December 2022 (Regis Attributable) 3 Gold Proved Probable Total Ore Reserve Competent Person Gold Gold Gold Cut-Off Tonnes Gold Metal Tonnes Gold Metal Tonnes Gold Metal Project1 Equity Type 2 Grade Grade Grade (g/t) (Mt) (koz) (Mt) (koz) (Mt) (koz) For personal u
Slide 20: Resource Table
Resource Table MINERAL RESOURCES as at 31 December 2022 (Regis Attributable) Gold Measured Indicated Inferred Total Resource Competent Person2 Gold Gold Gold Gold Gold Gold Gold Gold 1 Cut-Off Tonnes Tonnes Tonnes Tonnes Project Equity Type Grade Metal Grade Metal Grade Metal Grade Metal (g/t) (Mt)