Regis Resources Limited · ASX:RRL

Regis Resources — Q2 FY2016 Earnings Presentation

34 slides from Regis Resources's earnings presentation, Jan 14, 2016

  1. Slide 1: Regis Resources December 2015 Quarterly Report & Exploration Update

    For personal use only 1 1 REGIS RESOURCES LTD DECEMBER 2015 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 FY2016 Q2 Operations

    REVIEW OF FY2016 Q2 OPERATIONS For personal use only 33 PRODUCTION AT UPPER END OF GUIDANCE & DELIVERING STRONG CASHFLOW Q2 Q1 OPERATIONS Ore mined (Mbcm) 1.13 1.27  Q2 production 75,544 ounces  Run rate at upper end of FY2016 guidance of 275-305koz Waste mined (Mbcm) 5.21 5.85  Q2 throughput con

  4. Slide 4: FY2016 Q2 Operating Results

    FY2016 Q2 OPERATING RESULTS For personal use only 4 4 Moolart Rosemont Garden Total Well Well Ore mined (bcm ) 336,847 298,844 496,224 1,131,915 Waste mined (bcm) 1,273,692 2,403,341 1,536,669 5,213,702 Stripping ratio (w:o) 3.8 8.0 3.1 4.6 Ore mined (tonnes) 691,834 694,357 1,236,819 2,623,011 Ore

  5. Slide 5: FY2016 Q2 Operating Results - Moolart Well

    FY2016 Q2 OPERATING RESULTS For personal use only 5 5 Moolart Rosemont Garden Total Well Well Ore mined (bcm ) 336,847 298,844 496,224 1,131,915 Waste mined (bcm) 1,273,692 2,403,341 1,536,669 5,213,702 Stripping ratio (w:o) 3.8 8.0 3.1 4.6 Ore mined (tonnes) 691,834 694,357 1,236,819 2,623,011 Ore

  6. Slide 6: Moolart Well

    For personal use only MOOLART WELL 66

  7. Slide 7: FY2016 Q2 Operating Results - Rosemont

    FY2016 Q2 OPERATING RESULTS For personal use only 7 7 Moolart Rosemont Garden Total Well Well Ore mined (bcm ) 336,847 298,844 496,224 1,131,915 Waste mined (bcm) 1,273,692 2,403,341 1,536,669 5,213,702 Stripping ratio (w:o) 3.8 8.0 3.1 4.6 Ore mined (tonnes) 691,834 694,357 1,236,819 2,623,011 Ore

  8. Slide 8: Rosemont

    For personal use only ROSEMONT 88

  9. Slide 9: FY2016 Q2 Operating Results - Garden Well

    FY2016 Q2 OPERATING RESULTS For personal use only 9 9 Moolart Rosemont Garden Total Well Well Ore mined (bcm ) 336,847 298,844 496,224 1,131,915 Waste mined (bcm) 1,273,692 2,403,341 1,536,669 5,213,702 Stripping ratio (w:o) 3.8 8.0 3.1 4.6 Ore mined (tonnes) 691,834 694,357 1,236,819 2,623,011 Ore

  10. Slide 10: Garden Well

    For personal use only GARDEN WELL 10 10

  11. Slide 11: Corporate - December 2015 Quarter

    11 CORPORATE 11 DECEMBER 2015 QUARTER For personal use only  Paid 6cps fully franked dividend  $30m cash payment October 2015  $4.6m of income tax paid  Operating cashflow $49.8 million (Q1: $50.8m)  Cash and bullion holdings increased from $98.1m to $98.5m  $35m cash build allowing for divide

  12. Slide 12: Cashflow Waterfall

    12 CASHFLOW WATERFALL 12 For personal use only Strong cash-flow from operations of $49.8m for Q2 and cash build after allowing for $30m dividend and $4.6m income tax paid in the quarter

  13. Slide 13: Cashflow Waterfall

    13 CASHFLOW WATERFALL 13 For personal use only Business optimisations leading to trend of strong operating cash-flow and conversion to cash build

  14. Slide 14: Exploration Update

    14 EXPLORATION UPDATE 14 For personal use only SIGNIFICANT RESULTS AT DUKETON IN DEC15Q  Completed 41,582m of exploration drilling on 7 gold projects and prospects  Further significant gold results at a number of projects:  Baneygo – 12km south of Rosemont mill • Final RC drilling programme retur

  15. Slide 15: Gloster

    15 GLOSTER FAMOUS BLUE GOLD GEOLOGY DEPOSIT 15 For personal use only INFILL & EXTENSIONAL DRILLING Felsic Volcanics COMPLETE – RESOURCE UPDATE PENDING M38/1268  Located 26km west of Moolart Well  Historic resource* at 0.5g/t lower cut: 1km  December 2015 RC drilling programme on 25m x 25m grid sh

  16. Slide 16: Gloster Drill Results

    GLOSTER DRILL RESULTS 16 16 December 2015 Quarter For personal use only Hole No Northing Easting Hole Depth From To Interval Gold (mN) (mE) (m) (m) (m) (m) (g/t) RRLGLRC012 6950658 408353 69 16 35 19 3.48 RRLGLRC028 6950772 408424 143 122 130 8 10.01 RRLGLRC031 6950463 408465 43 8 22 14 5.03 RRLGLRC

  17. Slide 17: Gloster Section 6950495mN

    GLOSTER SECTION 6950495mN For personal use only 17 17 6950500mN 408600mE 408700mE 408500mE Base of Alluvium 500mRL Top of Saprock 450mRL Diorite Top of Fresh Rock Gloster Gold Project Cross Section 6950495mN Diorite Gold Mineralised Envelope 400mRL Gold18m @ 1.1g/t Au Intercept Clay oxidised Volcani

  18. Slide 18: Baneygo Gold Project

    18 BANEYGO GOLD PROJECT 18 For personal use only FIRST RESOURCE UPGRADE FROM THE Section 6907677mN 20KM ROSEMONT-BANEYGO SHEAR Section 6907638mN  Baneygo 12km south of Rosemont mine  Gold hosted in Quartz Dolerite similar to 1km Rosemont  Baneygo previous 2004 Resource 43koz Au in 4 small deposit

  19. Slide 19: Baneygo Sections

    BANEYGO SECTIONS 19 19 September 2015Q drilling For personal use only TOFR TOFR

  20. Slide 20: Baneygo Drill Results

    BANEYGO DRILL RESULTS 20 December 2015 Quarter For personal use only Hole No Northing (mN) Easting (mE) Hole Depth From (m) To (m) Interval (m) Gold g/t (m) RRLBYRC332 6907484 431906 72 17 24 7 1.28 RRLBYRC332 6907484 431906 72 55 59 4 7.71 RRLBYRC333 6907485 431930 102 39 56 17 1.48 RRLBYRC333 6907

  21. Slide 21: Baneygo Gold Project December 2015 Resource Update

    BANEYGO GOLD PROJECT For personal use only 21 21 DECEMBER 2015 RESOURCE UPDATE  Updated Resource estimated at a 0.4g/t gold lower cut: Indicated Inferred Total Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces (MT) (g/t) (‘000) (MT) (g/t) (‘000) (MT) (g/t) (‘000) 6.2 1.03 204 1.0 1.06 32

  22. Slide 22: Rosemont to Baneygo Regional Scale Opportunity

    22 ROSEMONT TO BANEYGO 22 For personal use only Rosemont REGIONAL SCALE OPPORTUNITY  Rosemont to Baneygo trend 20km poorly tested.  Quartz dolerite host rock at 22m @ 2.6g/t, f 22m Rosemont continues to Baneygo and 10km beyond to the south King John Garden Well  Recent RC drilling around historic

  23. Slide 23: Idaho Gold Prospect

    IDAHO GOLD PROSPECT For personal use only 23 23 IDAHO DISCOVERY FURTHER CONFIRMS PROSPECTIVITY OF ROSEMONT-BANEYGO TREND  10km south of Rosemont and 2.2km north 500m of Baneygo Section 6909156mN  Gold hosted in Quartz Dolerite similar to Rosemont and Baneygo  No historical resource - new discover

  24. Slide 24: Idaho Drill Results

    IDAHO DRILL RESULTS 24 December 2015 Quarter Hole No Northing Easting Hole Depth From To Interval Gold For personal use only (mN) (mE) (m) (m) (m) (m) (g/t) RRLIHRC018 6908707 431463 60 28 42 14 0.94 RRLIHRC021 6908778 431421 24 15 18 3 8.73 RRLIHRC023 6908819 431420 48 40 46 6 4.27 RRLIHRC024 69088

  25. Slide 25: Idaho Sections

    IDAHO SECTIONS 2525 December 2015 Results For personal use only 431350mE 431400mE 6908950mN NEW GOLD DISCOVERY AT IDAHO  Significant new gold mineralisation defined Dec 15Q holes 450mRL  RRIHRC051 18m @ 1.13g/t from 46m Top of Saprock  RRIHRC051 5m @ 11.79g/t from 70m  RRIHRC052 30m @ 4.34g/t fr

  26. Slide 26: Idaho Gold Prospect

    IDAHO GOLD PROSPECT For personal use only 26 New Gold Discovery Idaho 2.2km North of Baneygo Idaho Gold Prospect Baneygo Gold Deposit North Block Model g/t Au

  27. Slide 27: Tooheys Well Drill Results

    TOOHEYS WELL DRILL RESULTS For personal use only 27 27 A BOLT ON FOR GARDEN WELL  Gold shear zones hosted by chert and 35m @ 1.1g/t shale 17m @ 1.54g/t 54m @ 3.6g/t  2013 RC drilling returned significant gold 50m @ 2.76g/t intercepts on the Western shear 8m @ 5.47g/t  Regis drilled on 40m travers

  28. Slide 28: Tooheys Well Drill Results

    TOOHEYS WELL DRILL RESULTS 28 28 December 2015 Quarter For personal use only Hole No Northing Easting Hole Depth From To Interval Gold (mN) (mE) (m) (m) (m) (m) (g/t) RRLTWRC046 6909340 437840 148 55 82 27 2.48 RRLTWRC046 6909340 437840 148 85 135 50 2.75 RRLTWRC047 6909340 437860 178 46 57 11 1.60

  29. Slide 29: Tooheys Well Gold Prospect

    TOOHEYS WELL GOLD PROSPECT 29 29 December 2015 Results For personal use only 43770mE 43780mE 43790mE 500mRL 450mRL Top of Saprock Top of Fresh Rock 400mRL Tooheys Well Gold Project Cross Section 6909340mN Gold Mineralised Envelope Gold 11m @ 1.59g/t Gold Intercept 350mRL Chert Black Sulphidic Shale

  30. Slide 30: Coopers Gold Prospect

    30 COOPERS GOLD PROSPECT For personal use only ANOTHER BOLT ON FOR MOOLART WELL 8m @ 2.78g/t  Gold mineralisation over 500m strike • N-S trending moderately W dipping gold mineralised shear zone Coopers Gold • Discovered under a thin palaeochannel 200m Mineralisation • Defined to 100m depth in oxid

  31. Slide 31: Coopers Gold Prospect

    31 COOPERS GOLD PROSPECT 31 For personal use only 50m BOCO TOFR

  32. Slide 32: Recap of Presentation

    RECAP OF PRESENTATION For personal use only 32 32  FY2016 Q2 gold production 75,544 ounces at AISC of A$918/oz • Production run rate at upper end of FY16 guidance 275-305koz • AISC below lower end of FY16 guidance of $970-1,070/oz  Consistent production and cost performance at all operations  Ros

  33. Slide 33: JORC Compliant Mineral Resources March 2015

    JORC COMPLIANT MINERAL RESOURCES 33 33 31 MARCH 2015 For personal use only Group Mineral Resources as at 31 March 2015 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 Gold Metal

  34. Slide 34: JORC Compliant Ore Reserves March 2015

    JORC COMPLIANT ORE RESERVES 34 34 31 MARCH 2015 For personal use only Group Ore Reserves as at 31 March 2015 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 (Mt) (g/t) (koz) (M

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