Regis Resources Limited · ASX:RRL
Regis Resources — Shareholder Meeting (November 2013)
20 slides from Regis Resources's shareholder meeting presentation, Nov 22, 2013
Slide 1: Building a Quality Australian Gold Business
For personal use only BUILDING A QUALITY AUSTRALIAN GOLD BUSINESS ANNUAL GENERAL MEETING 22 NOVEMBER 2013
Slide 2: Disclaimer & Competent Person Statement
DISCLAIMER & COMPETENT PERSON 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 the
Slide 3: Purely Australian Gold Miner
PURELY AUSTRALIAN GOLD MINER For personal use only • Projects 100% Regis owned • 10M oz of resources1 • 3M oz of reserves1 • 3 operating mines • 300kozpa ramping to >400koz • Strong growth pipeline • Exclusively in Australia – low political risk Note 1 – full breakdown of these reserves and resource
Slide 4: 2013 Highlights
2013 HIGHLIGHTS For personal use only • Gold production 269,013 ounces at cash cost of $562/oz • Gold sales 253,090 ounces at $1,599/oz • Operating cash-flow $247m • Profit before tax $201m • Profit after tax $146m • Repaid debt of $30m • Paid maiden dividend of 15cps ($75m) • Completed development
Slide 5: Duketon Gold Project
DUKETON GOLD PROJECT For personal use only • 350km north-north east of Kalgoorlie • 100% Regis owned • 236 granted leases • 1,282 km2 of ground • 7.5 Moz of resources1 • 2.9 Moz of reserves1 • Total milling capacity >10MT pa • Mining approx 36M bcm in 2014 • Workforce approx 600 Note 1 – full breakd
Slide 6: Moolart Well
MOOLART WELL For personal use only • Plant commissioned August 2010 Stage Producing • Processing rate 2.6 – 2.9mtpa • 2013 production 105,753 oz at A$563/oz1 Mine type Open pit • 2014 guidance: 95-105koz at $560-610/oz Mineralisation Laterite & oxide Plant type Crush, grind, CIL Throughput 2.6mtpa A
Slide 7: Garden Well
GARDEN WELL For personal use only • Virgin discovery by Regis in late 2009 Stage Production • Still exploring at depth Mine type Open pit • Plant commissioned in Sept 12 quarter Mineralisation Mixed ultramafic- • Capex $112m for 4mtpa plant sediment shear • Nameplate 4mtpa – current ≈ 5.3mtpa Plant
Slide 8: Rosemont
ROSEMONT For personal use only • Project development - crush & grind at pit and Stage DFS pump ore slurry to Garden Well (9km) • Stage 1 complete Oct13 (1.5mtpa capacity) Mine type Open pit • Prodn start Nov 13, ramping to 80kozpa Stage 2 to follow (2mtpa capacity) Mineralisation Quartz hosted • C
Slide 9: Rosemont
ROSEMONT For personal use only Overall plant view Thickener/surge tank 11
Slide 10: Rosemont
ROSEMONT For personal use only Ore on conveyors Ball mill 12
Slide 11: Rosemont
ROSEMONT For personal use only Crushed ore stockpile Crusher feed 13
Slide 12: Rosemont - Mining
14 For personal use only ROSEMONT - MINING
Slide 13: McPhillamys Gold Project
MCPHILLAMYS GOLD PROJECT For personal use only 15
Slide 14: McPhillamys Gold Project
MCPHILLAMYS GOLD PROJECT For personal use only • Acquisition completed Nov12 • 250km west of Sydney • Established mining district • 3 granted leases • 420 km2 of ELs • 2.5Moz of resources 16
Slide 15: Resource & Drilling
RESOURCE & DRILLING For personal use only • Resource • 57.4MT @ 1.36g/t gold for 2.5Moz • 26,000m of RC/DD drilling completed • Open pit resource drilled 50 x 50m • Resource update Dec13Q • Mining study Mar14Q 17
Slide 16: Pre-Feasibility Focus
PRE-FEASIBILITY FOCUS For personal use only • Resource/reserve estimation • Metallurgical testing • Investigate water and power options • Land acquisitions • Baseline environmental studies • Start licensing process 18
Slide 17: Target Project
TARGET PROJECT For personal use only • Open pit mining • Carbon in Leach processing (as per Duketon) • Circa 4 million tonnes per annum plant • 140 – 160kozpa gold production over a minimum 10 year mine life • Target capex – Regis norm +/- 15% • Target 2nd quartile cash costs • Target gold productio
Slide 18: Regis in Summary
REGIS IN SUMMARY For personal use only 700,000 Gold Production (ounces) 600,000 500,000 400,000 300,000 200,000 100,000 - 2012/13 2013/14 2014/15 2015/16 2016/17 Moolart Well Garden Well Erlistoun - GW displaced tonnes Erlistoun - extra grade Rosemont McPhillamys • Current business generating strong
Slide 19: Appendix: JORC Reserves
APPENDIX 1 JORC RESERVES For personal use only Proven Probable Total Cut-off Project grade gold grade gold grade gold Grade MT MT MT g/t koz g/t koz g/t koz g/t Garden Well 41.6 1.26 1,679 41.6 1.26 1,679 0.60 Moolart Well Laterite 4.4 1.26 180 0.7 0.98 22 5.1 1.22 202 0.50 Oxide, trans & 0.40/ fres
Slide 20: Appendix: JORC Resources
APPENDIX 2 JORC RESOURCES For personal use only Measured Indicated Inferred Total Resources Cut- off Project gold gold gold gold MT g/t MT g/t MT g/t MT g/t Grade koz koz koz koz g/t Moolart Well Laterite 4.9 1.23 194 1.0 0.89 29 0.3 0.87 8 6.2 1.16 231 0.50 Oxide/trans 0.4 1.42 20 17.6 0.96 546 22.
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