Regis Resources Limited · ASX:RRL
Regis Resources — Bell Potter Unearthed Conference 2021
23 slides from Regis Resources's conference presentation, Feb 10, 2021
Slide 1: Bell Potter Unearthed Conference – 10 February 2021
For personal use only Bell Potter Unearthed Conference – 10 February 2021 JIM BEYER – MD & CEO
Slide 2: Cautionary Statement
2 CAUTIONARY STATEMENT For personal use only This presentation contains only a brief overview of Regis Resources Limited and its The Company confirms that it is not aware of any new information or data that materially associated entities (“Regis or RRL") and their respective activities and operation
Slide 3: Corporate Overview
3 CORPORATE OVERVIEW CAPITAL STRUCTURE 12 MONTH SHARE PRICE PERFORMANCE For personal use only ASX Code RRL 25 7.00 Issued capital1 512m shares 6.00 20 Market capitalisation2 A$1.9b 5.00 15 Millions Cash and gold on hand3 A$220m 4.00 $AUD 3.00 Borrowings3 Nil 10 2.00 Resources4 7.7Moz 5 1.00 Reserves
Slide 4: Consistency & Growth
4 CONSISTENCY & GROWTH For personal use only Transparent Sustainability Reporting Strong Financial Position Consistent Dividend Payer Low Cost Producer MOOLART WELL 2.5Mtpa Consistent and Reliable Performance McPHILLAMYS PROJECT 2 Moz Ore Reserve Potential ~200 Kozpa Au GARDEN WELL Internally Driven
Slide 5: Transparent Sustainability and ESG Reporting
5 TRANSPARENT SUSTAINABILITY AND ESG REPORTING Aligning to UN Sustainable Development Goals For personal use only Safety & Environmental Health Stewardship Supply Chain Shared Values Risk with Host Management Communities Employment + Workforce Management Corporate Conduct Indigenous Opportunities +
Slide 6: COVID-19 Risk Management
6 COVID-19 RISK MANAGEMENT Health & Safety of our workforce of primary concern For personal use only • Primary objective to protect the health and wellbeing of Regis employees, contractors, their families and the communities in which we operate • Health screening for all persons entering the operati
Slide 7: People – The Foundation of Our Success
7 PEOPLE – THE FOUNDATION OF OUR SUCCESS Total 950 people – 338 employees & 612 contractors For personal use only Lost Time Injury Frequency Rate 6.0 5.0 4.0 3.0 2.0 1.0 0.0 Renewed focus on safety performance and training Pockets of excellence but overall outcomes still inconsistent Risk management
Slide 8: FY21 Half Year Highlights
8 FY21 HALF YEAR HIGHLIGHTS For personal use only Cash & Bullion H1 Production H1 AISC At end H1 172,978 ounces A$1,356 per ounce A$220m McPhillamys’ Development Application awaiting NSW DPIE recommendation Rosemont Underground production continues to improve Garden Well Underground Project approved
Slide 9: Looking Forward – This Year
9 LOOKING FORWARD – THIS YEAR For personal use only Production rate is planned to lift in the second half of the year FY21 CURRENT GUIDANCE Gold Production 355,000 - 380,000 ounces C1 Cash Costs including royalties A$1,030 - 1,090 per ounce All in Sustaining Cost A$1,230 - 1,300 per ounce Growth Cap
Slide 10: Three Key Elements of Internal Value Growth
10 THREE KEY ELEMENTS OF INTERNAL VALUE GROWTH For personal use only Increasing Business Value Exploration & Optimisation Life Extension Growth McPhillamys Gold Project Step Change Growth Underground Contribution Incremental Growth Moolart Well Garden Well Rosemont Time
Slide 11: Three Key Elements of Internal Value Growth
11 THREE KEY ELEMENTS OF INTERNAL VALUE GROWTH For personal use only Internal Growth from Underground Operations Increasing Business Value Potential Incremental Additions at Duketon Garden Well Underground - approved Rosemont Underground Extension Gloster Underground Underground Contribution Increme
Slide 12: Incremental Growth from Underground
12 INCREMENTAL GROWTH FROM UNDERGROUND Value created with high grade UG ore displacing lower grade OP ore For personal use only GARDEN WELL UG PROJECT APPROVED AND UNDERWAY Physicals Material mined 1.85Mt Diluted mine gold grade 3.2g/t In situ Au mined 190Koz Mill recovery 93% Au produced 176Koz Cap
Slide 13: Incremental Growth from Underground
13 INCREMENTAL GROWTH FROM UNDERGROUND Value created with high grade UG ore displacing lower grade OP ore For personal use only
Slide 14: Incremental Growth from Underground
14 INCREMENTAL GROWTH FROM UNDERGROUND Value created with high grade UG ore displacing lower grade OP ore For personal use only MORE PROJECTS IN THE EVALUATION PIPELINE
Slide 15: Three Key Elements of Internal Value Growth
15 THREE KEY ELEMENTS OF INTERNAL VALUE GROWTH For personal use only Internal Growth from McPhillamys Gold Project Increasing Business Value Potential Incremental Additions at Duketon Garden Well Underground McPhillamys Gold Project Rosemont Underground Extension Step Change Growth Gloster Undergrou
Slide 16: McPhillamys – Approvals Approaching Final Stage
16 MCPHILLAMYS – APPROVALS APPROACHING FINAL STAGE MINERAL RESOURCE For personal use only 2.29 Moz Au ORE RESERVE 2.02 Moz Au PRODUCTION Up to ~200 Kozpa Au SATELLITE PROJECT Discovery Ridge - 390koz Au Resource PRE-FEASIBILITY STUDY PHYSICALS1 Ore milled (Million tonnes) 60.1 Grade (g/t) 1.05 Recov
Slide 17: Three Key Elements of Internal Value Growth
17 THREE KEY ELEMENTS OF INTERNAL VALUE GROWTH For personal use only Internal Growth from Exploration & Project Optimisation Increasing Business Value Exploration & Optimisation Potential Incremental Additions at Duketon Life Extension Growth Garden Well Underground McPhillamys Gold Project Rosemont
Slide 18: Ben Hur Acquisition Adds Mine Life
18 BEN HUR ACQUISTION ADDS MINE LIFE For personal use only MINERAL RESOURCE 5.8Mt @ 1.6 g/t Au 6,883,7050N for 290 Koz Au POTENTIAL • 2km long mineralised system open along strike and to depth • Infill drilling confirming existing mineralisation • Extensional drilling growing the mineralised envelop
Slide 19: Moolart Well Optimisation
19 MOOLART WELL OPTIMISATION Conversion of low-grade resources into reserves For personal use only • Conceptual work begun on the opportunities which may exist to extend the operating life if higher gold prices are used for Ore Reserve • Significant low-grade, oxide resources could potentially be ex
Slide 20: Accelerating Discovery at Duketon
20 ACCELERATING DISCOVERY AT DUKETON For personal use only Exploration budget increased Central to A$35m for FY21 Zone Greenfields exploration Matts Bore MOOLART WELL portion now A$25m versus Betelgeuse A$5-7m per year historically Risden Well Accelerated exploration on ROSEMONT Campervan Ben Hur OP
Slide 21: Three Key Elements of Internal Value Growth
21 THREE KEY ELEMENTS OF INTERNAL VALUE GROWTH For personal use only Increasing Business Value Exploration & Optimisation Life Extension Growth McPhillamys Gold Project Step Change Growth Underground Contribution Incremental Growth Moolart Well Garden Well Rosemont Time
Slide 22: Consistency & Growth
22 CONSISTENCY & GROWTH For personal use only Transparent Sustainability Reporting Strong Financial Position Consistent Dividend Payer Low Cost Producer MOOLART WELL 2.5Mtpa Consistent and Reliable Performance McPHILLAMYS PROJECT 2Moz Ore Reserve Potential ~200 Kozpa Au GARDEN WELL Internally Driven
Slide 23: Further information
For personal use only Further information: Jim Beyer | Managing Director & CEO + 61 8 9442 2200
Regis Resources — Bell Potter Unearthed Conference 2021 on 6ix