Regis Resources Limited · ASX:RRL
Regis Resources — Gold Forum Americas 2022
22 slides from Regis Resources's conference presentation, Sep 20, 2022
Slide 1: A Future With Growth Targeting: Gold Forum Americas
A FUTURE WITH GROWTH TARGETING: 1 For personal use only Gold Forum Americas Jim Beyer – Managing Director and CEO 19 September 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: A Future of Growth in Tier 1 Locations
3 A FUTURE OF GROWTH IN TIER 1 LOCATIONS Strong platform to launch disciplined growth For personal use only Elevating sustainability priorities Strong financial position Dominant positions in highly prospective belts On a disciplined growth journey Total Resources1 10Moz Total Reserves1 4Moz 1. ASX
Slide 4: Regis - Investment Highlights
4 REGIS - INVESTMENT HIGHLIGHTS Strong platform to launch disciplined growth For personal use only Strong Financial Position1 Long Life - Cash and Gold on hand: US$157m - Reserve life of 9 Years - Net Debt: US$47m - Net Debt to FY22 EBITDA: 0.2x Scale Robust Margins - 4th Largest producer on ASX - F
Slide 5: Progressive and Measured Approach to ESG
5 PROGRESSIVE AND MEASURED APPROACH TO ESG Strong progress in FY22 continuing in FY23 For personal use only Lost Time Injury Frequency Rate >50% below WA industry average 22% female employees 20% of managerial and executive positions held by females 40% female directors Zero reportable environmental
Slide 6: Growth Outlook
6 GROWTH OUTLOOK A business with scale and multiple organic growth options For personal use only Group Production Targets (koz) Targeting 500koz per year by FY25 500+ 500+ 450-500 450-500 2 currently operating, reliable cash generating pillars 437 Duketon up to ~350koz per year 373 Tropicana up to ~
Slide 7: Key Elements of Value Growth
7 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 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 US$918-US$986/oz Gold production increases to ~150koz from FY24 onwards Growth capex decreasing from FY24 onwards Mine life targeted to exten
Slide 9: Tropicana Outlook
9 TROPICANA OUTLOOK Production has outperformed the original project since 2017 For personal use only Continuous improvement and delivery from a true Tier One asset * Calendar year average production range (100%) subject to plans.
Slide 10: Tropicana Mine Plan
10 TROPICANA MINE PLAN Long term mine life with no end in sight Mill throughput at 9-10Mtpa For personal use only (20% U/G, 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 11: Tropicana Full Asset Potential
11 TROPICANA FULL ASSET POTENTIAL Maximising the opportunity For personal use only Weeks 1-4 Weeks 4-8 Weeks 9-12 Weeks 12-13 Beyond Identify Diagnose Design Plan & mobilise Deliver (Validate & prioritise) Identify solutions Deliver Wave 1 Data request Finalise and select detailed design Build fact
Slide 12: Duketon Outlook
12 DUKETON OUTLOOK Transitioned back to reliable production and cash generation For personal use only FY23 Gold production of 320koz-355koz at AISC of US$1054-US$1122/oz Growth capex decreasing from FY24 onwards Mill throughput of 8-9Mtpa Underground feed at 1-1.3Mtpa from Rosemont and Garden Well a
Slide 13: Duketon Underground
13 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 the undrilled areas to ide
Slide 14: A Future of Growth
14 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 15: A Future of Growth
15 A FUTURE OF GROWTH Under-explored area is showing its potential Rosemont For personal use only North Trend 1km aircore anomaly on Rosemont North Trend Moolart Well Mill Bandya Rosemont 9m @ 2.81 g/t (80 – 89m) South Trend 8m @ 1.70 g/t (72 – 80m) Rosemont Mill Promising results on the Rosemont So
Slide 16: McPhillamys – Approvals Progressing
16 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 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: Further information
18 For personal use only Further information: Ben Goldbloom| Head of Investor Relations + 61 8 9442 2200
Slide 19: FY23 Production Guidance
19 FY23 PRODUCTION GUIDANCE Building to a 500koz producer For personal use only In the closing stages of a transitional and re-capitalisation period Operation Duketon Tropicana (30%) Group LTIFR reduced from 4.7 to 0.6 in the last 3 years Production (koz) 320 - 355 130 - 145 450 - 500 Invested capit
Slide 20: FY23 Production Guidance
20 FY23 PRODUCTION GUIDANCE Building to a 500koz producer For personal use only In the closing stages of a transitional and re-capitalisation period Operation Duketon Tropicana (30%) Group LTIFR reduced from 4.7 to 0.6 in the last 3 years Production (koz) 320 - 355 130 - 145 450 - 500 Invested capit
Slide 21: Appendix – Reserve Table
21 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 22: Appendix – Resource Table
22 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