Regis Resources Limited · ASX:RRL

Regis Resources — Q2 FY2017 Earnings Presentation

23 slides from Regis Resources's earnings presentation, Jan 16, 2017

  1. Slide 1: Regis Resources December 2016 Quarterly Report & Exploration Update

    For personal use only 1 1 REGIS RESOURCES LTD DECEMBER 2016 QUARTERLY REPORT & EXPLORATION UPDATE

  2. Slide 2: Disclaimer & Competent Persons Statement

    DISCLAIMER & COMPETENT PERSONS 22 STATEMENT For personal use only This presentation contains only a brief overview of Regis Resources Limited and its associated entities (“Regis or RRL") and their respective activities and operations. The contents of this presentation, including matters relating to

  3. Slide 3: Review of FY2017 Q2 Operations

    REVIEW OF FY2017 Q2 OPERATIONS For personal use only 3 3 DUKETON CONTINUES TO DELIVER STRONG CASHFLOW Q2 Q1 OPERATIONS FY17 FY17  Q2 gold production 80,090 ounces Ore mined (Mbcm) 1.1 1.1  Up 7% on Q1  Run rate above FY16 and in upper half of FY17 Waste mined (Mbcm) 7.3 5.8 guidance of 300-330koz

  4. Slide 4: Duketon

    For personal use only DUKETON 4 4

  5. Slide 5: FY2017 Q2 Operating Results

    FY2017 Q2 OPERATING RESULTS For personal use only 5 5 Duketon Northern Duketon Southern Operations Operations Total Q2 Q1 Q2 Q1 Q2 Q1 Ore mined (Mbcm ) 0.4 0.4 0.7 0.7 1.1 1.1 Waste mined (Mbcm) 2.5 1.9 4.8 3.9 7.3 5.8 Stripping ratio (w:o) 6.7 5.2 6.5 5.3 6.5 5.3 Ore mined (Mtonnes) 0.7 0.8 2.0 1.9

  6. Slide 6: FY2017 Q2 Operating Results – Duketon Northern Operations

    FY2017 Q2 OPERATING RESULTS For personal use only 6 6 Duketon Northern Duketon Southern Operations Operations Total Q2 Q1 Q2 Q1 Q2 Q1 Ore mined (Mbcm ) 0.4 0.4 0.7 0.7 1.1 1.1 Waste mined (Mbcm) 2.5 1.9 4.8 3.9 7.3 5.8 Stripping ratio (w:o) 6.7 5.2 6.5 5.3 6.5 5.3 Ore mined (Mtonnes) 0.7 0.8 2.0 1.9

  7. Slide 7: FY2017 Q2 Operating Results – Duketon Southern Operations

    FY2017 Q2 OPERATING RESULTS For personal use only 7 7 Duketon Northern Duketon Southern Operations Operations Total Q2 Q1 Q2 Q1 Q2 Q1 Ore mined (Mbcm ) 0.4 0.4 0.7 0.7 1.1 1.1 Waste mined (Mbcm) 2.5 1.9 4.8 3.9 7.3 5.8 Stripping ratio (w:o) 6.7 5.2 6.5 5.3 6.5 5.3 Ore mined (Mtonnes) 0.7 0.8 2.0 1.9

  8. Slide 8: Cashflow Waterfall

    8 CASHFLOW WATERFALL 8 For personal use only Strong cash-flow from operations of $64.5m for Q2 (Q1: $59.6m) and cash build after allowing payment of pre-strip & cutbacks ($10.3m), income tax ($13m) & growth capex ($2.4m) in the quarter

  9. Slide 9: Development: Erlistoun Gold Deposit

    DEVELOPMENT FAMOUS BLUE GEOLOGY 9 9 ERLISTOUN GOLD DEPOSIT For personal use only NEXT CAB OFF THE RANK - MOVING TOWARDS PRODUCTION  Simple open cut mining and road haulage operation  Mining commenced and first ore hauled late in Q2, processing to commence Q3  Low startup capex - <$3m in FY2017. 

  10. Slide 10: Exploration Update: Duketon Significant Results in Q2

    10 EXPLORATION UPDATE 10 For personal use only DUKETON - SIGNIFICANT RESULTS IN Q2 Completed 49,223m (Q1: 37,179m) of drilling on 12 gold projects  Tooheys Well – 2.5km S of Garden Well  547,000 oz resource estimated in Q1  Infill drilling continues to return high grades  EM survey nearing compl

  11. Slide 11: Tooheys Well Gold Project

    TOOHEYS WELL GOLD PROJECT For personal use only 11 11 A SIGNIFICANT NEW PROJECT  Gold shear zones hosted by chert, shale and BIF  Early shallow AC holes ineffective  Extensive drill-out in 2015 and 16 culminated in maiden resource at 0.4g/t lower cut: Tonnes Gold Grade Gold Metal (Mt) (g/t) (koz)

  12. Slide 12: Tooheys Well Gold Prospect Drilling Cross Section

    TOOHEYS WELL GOLD PROSPECT For personal use only 12 12 DRILLING CROSS SECTION 6909340mN  Steep E dipping high grade gold shear  Chert BIF and shale host rocks  Weathered 80-160m  Significant intercepts (2015/16)  39m @ 2.86g/t from 53m  17m @1.90g/t from 95m  27m @ 2.48g/t from 55m  50m @ 2.

  13. Slide 13: Exploration Upside: Tooheys Well-Garden Well Corridor

    EXPLORATION UPSIDE 1313 TOOHEYS WELL-GARDEN WELL CORRIDOR For personal use only UNTESTED POTENTIAL NORTH & SOUTH OF TOOHEYS WELL North  TW structure interpreted to join gold shear zones at Chert Ridge (GW) 2.5km north.  Early drilling encouraging:  15m @1.15g/t & 25m @ 1.41g/t  Drilling planned

  14. Slide 14: Rosemont South & Main Underground Opportunities

    ROSEMONT SOUTH & MAIN 14 14 UNDERGROUND OPPORTUNITIES For personal use only 3D long section from south east showing planned Rosemont South & Main drilling, phase 1 and 2 Phase 1 drill programmes underway at Rosemont South and below Rosemont Main Pit:  Returning numerous high grade intercepts  Dril

  15. Slide 15: Rosemont South Project

    ROSEMONT SOUTH PROJECT For personal use only 15 15 POTENTIAL FOR OPEN PIT & UNDERGROUND MINING INVENTORY EXTENSION  Testing high grade shoots 50-300m below surface over 500m strike, some outside reserves  Drilled 95 holes for 15,480m in Q2 – numerous high grade intercepts shown above  Drilling co

  16. Slide 16: Rosemont South Project Drill Results in Q2

    ROSEMONT SOUTH PROJECT For personal use only 16 16 DRILL RESULTS IN Q2  Gold hosted in a steeply east dipping 345° trending quartz-dolerite unit  Gold mineralised quartz-dolerite unit is approx 80m wide.  Q2 Results (all outside reserves):  2m @ 108.5g/t Au from 125m  4m @ 27.29g/t Au from 162m

  17. Slide 17: Rosemont South Project: Building on Drill Results in Q1

    ROSEMONT SOUTH PROJECT For personal use only 17 17 BUILDING ON DRILL RESULTS IN Q1  Q1 Results  10m @ 30.11g/t Au from 48m  4m @ 7.72g/t Au from 52m  2m @ 18.48g/t Au from 74m  13m @ 2.61g/t Au from 126m*  17m @ 4.41g/t Au from 153m*  29m @ 3.81g/t Au from 175m*, including:  5m @ 8.54g/t Au

  18. Slide 18: Rosemont Main Pit Underground Project

    ROSEMONT MAIN PIT 18 18 UNDERGROUND PROJECT For personal use only POTENTIAL FOR UNDERGROUND MINING INVENTORY EXTENSION  Testing high grade shoots 100-200m vertically below ultimate open pit design depth  Drilled 62 holes for 13,610m in Q2 – numerous results shown above  Approx 10,000m drilling re

  19. Slide 19: Rosemont Main Pit Underground Project Drill Results in Q2

    ROSEMONT MAIN PIT 1919 UNDERGROUND PROJECT For personal use only DRILL RESULTS IN Q2  Gold hosted in a steeply east dipping 345° trending quartz-dolerite unit  Gold mineralised quartz-dolerite unit is approx 80m wide.  Q2 Results (all outside reserves):  4m @ 82.05g/t Au from 249m  4m @ 33.54g/

  20. Slide 20: McPhillamys (NSW): Infill Drilling Underway for PFS

    20 McPHILLAMYS (NSW) 20 For personal use only INFILL DRILLING UNDERWAY FOR PFS  Located Central-West NSW  Well established gold mining district  Cadia, Cowal, Northparkes+45Moz*  Gold resource 2.2Moz - 100% Regis owned  Infill Drilling Underway  25,000m programme - 3 diamond & 1 RC rigs workin

  21. Slide 21: Recap of Presentation

    RECAP OF PRESENTATION For personal use only 21 21  Q2 gold production 80,090 ounces at AISC of A$951/oz  7% higher than Q1 (74,612 oz)  Production run rate in upper half of FY17 guidance as GW and RMT grades improve and Gloster comes on line  AISC below lower end of FY17 guidance  Cash-flow fro

  22. Slide 22: Appendix: JORC Compliant Ore Reserve Estimates March 2016

    APPENDIX 1 JORC COMPLIANT 22 22 ORE RESERVE ESTIMATES 31 MARCH 2016 For personal use only Group Ore Reserves as at 31 March 2016 Gold Proved Probable Total Ore Reserve Competent Cut-Off Tonnes Gold Grade Gold Metal Tonnes Gold Grade Gold Metal Tonnes Gold Grade Gold Metal Project Type Person3 (g/t)2

  23. Slide 23: Appendix: JORC Compliant Mineral Resources March 2016

    APPENDIX 2 23 23 JORC COMPLIANT MINERAL RESOURCES 31 MARCH 2016 Group Mineral Resources For personal use only as at 31 March 2016 Gold Measured Indicated Inferred Total Resource Competent Cut-Off Tonnes Gold Grade Gold Metal Tonnes Gold Grade Gold Metal Tonnes Gold Grade Gold Metal Tonnes Gold Grade

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