Regis Resources Limited · ASX:RRL
Regis Resources — Shareholder Meeting (November 2023)
19 slides from Regis Resources's shareholder meeting presentation, Nov 23, 2023
Slide 1: A future with growth: 2023 Annual General Meeting
A future with growth For personal use only 2023 Annual General Meeting Jim Beyer – Managing Director and CEO 23 November 2023
Slide 2: Acknowledgment of country
Acknowledgment of country For personal use only The Board, Executive and Team at Regis Resources acknowledges the First Nations peoples - the Mantjintjarra Ngalia, Noongar, Spinifex and Wongatha peoples in Western Australia, and the Wiradjuri people in New South Wales - as the original inhabitants o
Slide 3: 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 4: 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 5: 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 For personal use only Duketon 6+ years NT undeveloped open-pittable gold deposits • Stabilised operational performance • Final key NSW approval QLD • Substantia
Slide 6: FY23 highlights
FY23 highlights A platform for improving cash flows and scale For personal use only Record gold production of 458 koz Group LTIFR reduced to 0.9 AISC cost margin of $666/oz Cash flow from operations of $455M Cash and bullion of $243M* 3rd biggest Australian gold miner on the ASX * Based on cash and
Slide 7: FY23 highlights: continuing year on year progress
FY23 highlights Continuing year on year progress For personal use only Commercial production at Carbon and diesel reduction 21% female employees new mines • Garden Well South underground (Duketon) • Commenced* commissioning of 9MW • 33% female Board members solar at Duketon • Above industry average
Slide 8: Investment phase of producing assets is over
Investment phase of producing assets is over… …transitioning to the cash build phase with accompanying increase in return on investment (ROI) Cash build phase will accelerate in FY25 For personal use only Completed Jun Q FY23 Commercial production at Garden Well underground (Duketon) Commercial prod
Slide 9: 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 For personal use only • Ramp up and optimise undergrounds Duketon • Grow Garden Well Reserve and expand production 200-250#koz • Rolling Reserve replacement Ongoing
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 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 11: 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 into Exploration Target of 0.8 to 1.3Moz Garden Well Main complete established along with first Resource at the
Slide 12: 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 13: 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 14: 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 15: The investment case
The investment case Strong financial platform with robust operating cash flows For personal use only Scale and leverage to gold price Upcoming cash flow inflection point Hedge book removal by June 2024 Growth project with scale approaching delivery of feasibility study Exclusively in tier 1 location
Slide 16: Further information
For personal use only Further information Ben Goldbloom Head of Investor Relations + 61 8 9442 2200
Slide 17: 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 18: Reserve Table
Reserve Table ORE RESERVES as at 31 December 2022 (Regis Attributable) Gold Proved Probable Total Ore Reserve Competent Person 3 Gold Gold Gold Cut-Off Tonnes Gold Metal Tonnes Gold Metal Tonnes Gold Metal Project 1 Equity Type Grade Grade Grade (g/t)2 (Mt) (koz) (Mt) (koz) (Mt) (koz) For personal u
Slide 19: Resource Table
Resource Table MINERAL RESOURCES as at 31 December 2022 (Regis Attributable) 2 Gold Measured Indicated Inferred Total Resource Competent Person 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)
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