Slide 1: Regis Resources December 2017 Quarterly Report & Exploration Update
For personal use only 1 1 REGIS RESOURCES LTD DECEMBER 2017 QUARTERLY REPORT & EXPLORATION UPDATE
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
Slide 3: Review of FY2018 Q2 Operations
REVIEW OF FY2018 Q2 OPERATIONS For personal use only 3 3 DUKETON CONTINUES TO DELIVER STRONG CASHFLOW Q2 Q1 OPERATIONS FY18 FY18 Q2 gold production 92,113 ounces, a Regis record Ore mined (Mbcm) 1.3 1.4 Consistent with Q1 (91,921 oz) Run rate at top end of FY18 guidance of 335-365koz Waste min
Slide 4: Duketon
For personal use only DUKETON 4 4
Slide 5: FY2018 Q2 Operating Results
FY2018 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 ) 0.6 0.6 0.7 0.8 1.3 1.4 Waste mined (Mbcm) 1.2 1.2 2.9 3.9 4.2 5.1 Stripping ratio (w:o) 2.2 2.2 4.3 4.5 3.3 3.6 Ore mined (Mtonnes) 1.0 1.0 1.8 2.2
Slide 6: FY2018 Q2 Operating Results – Duketon Northern Operations
FY2018 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 ) 0.6 0.6 0.7 0.8 1.3 1.4 Waste mined (Mbcm) 1.2 1.2 2.9 3.9 4.2 5.1 Stripping ratio (w:o) 2.2 2.2 4.3 4.5 3.3 3.6 Ore mined (Mtonnes) 1.0 1.0 1.8 2.2
Slide 7: FY2018 Q2 Operating Results – Duketon Southern Operations
FY2018 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 ) 0.6 0.6 0.7 0.8 1.3 1.4 Waste mined (Mbcm) 1.2 1.2 2.9 3.9 4.2 5.1 Stripping ratio (w:o) 2.2 2.2 4.3 4.5 3.3 3.6 Ore mined (Mtonnes) 1.0 1.0 1.8 2.2
Slide 8: Cashflow Waterfall
8 CASHFLOW WATERFALL 8 For personal use only $230.0m Cash & Gold on Hand - Q2 Movements $83.8m $210.0m ($11.2m) $190.0m ($9.2m) $172.0 ($8.4m) $170.0m ($11.7m) ($2.7m) $150.0m $131.3m $130.0m $110.0m $90.0m $70.0m $50.0m Record quarterly cash-flow from operations of $83.8m (Q1: $62.9m) Higher deli
Slide 9: Exploration Update – Duketon Significant Results in Q2
9 EXPLORATION UPDATE 9 For personal use only DUKETON - SIGNIFICANT RESULTS IN Q2 Drilled 62,210m (Q1: 48,806m) on 17 gold projects Rosemont Underground 6 DD holes drilled at RMT South 19 RC & DD holes at RMT Main Strong results & confirming geometry Maiden u/g resource pending Baneygo sa
Slide 10: Rosemont South & Main Underground Opportunities
ROSEMONT SOUTH & MAIN 10 10 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
Slide 11: Rosemont Underground Project – Main Pit
ROSEMONT UNDERGROUND 11 11 PROJECT – MAIN PIT For personal use only POTENTIAL FOR UNDERGROUND MINING INVENTORY EXTENSION Testing high grade shoots 100-200m vertically below ultimate open pit design depth Holes drilled to date are encouraging for underground opportunities RMT Main & South - 25
Slide 12: Rosemont Underground Project – South Pit
ROSEMONT UNDERGROUND 12 12 PROJECT – SOUTH PIT For personal use only POTENTIAL FOR UNDERGROUND MINING INVENTORY EXTENSION Testing high grade shoots 100-200m vertically below ultimate open pit design depth Holes drilled to date are encouraging for underground opportunities RMT Main & South - 25
Slide 13: Rosemont Underground Project – Main Pit Drill Results in Q2
ROSEMONT UNDERGROUND 1313 PROJECT – MAIN PIT DRILL RESULTS IN Q2 For personal use only Gold hosted in a steeply east dipping 345° trending quartz-dolerite unit Gold mineralised quartz-dolerite unit is up to 80m wide. Q2 drilling 19 DD & RC holes for 4,423m Q2 Results (all outside reserves):
Slide 14: Rosemont Underground Project – South Pit Drill Results in Q2
ROSEMONT UNDERGROUND 14 14 PROJECT – SOUTH PIT DRILL RESULTS IN Q2 For personal use only Gold hosted in a steeply east dipping 345° trending quartz-dolerite unit Gold mineralised quartz-dolerite unit is up to 80m wide. Q2 drilling 6 DD holes for 1,648m Q2 Results (all outside reserves): 5.
Slide 15: Garden Well Underground Project
GARDEN WELL 15 15 UNDERGROUND PROJECT For personal use only TARGETING HIGH GRADE ZONE BELOW GARDEN WELL PIT Very significant underground target below southern end of GW open pit Zone of continuous mineralisation 4-10m true widths & 300m N-S strike 100 – 300m below surface, dipping east and ope
Slide 16: Garden Well Underground Project – Significant Underground Target
GARDEN WELL 16 16 UNDERGROUND PROJECT For personal use only SIGNIFICANT UNDERGROUND TARGET Two sections 6911600mN & 6911680mN Regis earlier drill results below pit in southern area include: 19.6m @ 9.47g/t Au from 318m 19m @ 6.38g/t Au from 131m 12m @ 9.52g/t Au from 179m 5m @ 22.48g/t A
Slide 17: Garden Well Underground Project – Significant Underground Target
GARDEN WELL 17 17 UNDERGROUND PROJECT For personal use only SIGNIFICANT UNDERGROUND TARGET Two sections 6911600mN & 6911680mN Regis earlier drill results below pit in southern area include: 19.6m @ 9.47g/t Au from 318m 19m @ 6.38g/t Au from 131m 12m @ 9.52g/t Au from 179m 5m @ 22.48g/t A
Slide 18: McPhillamys (NSW) Organic Growth Project
18 McPHILLAMYS (NSW) 18 For personal use only ORGANIC GROWTH PROJECT Located in Central-West NSW Well established gold mining district Cadia, Cowal, Northparkes +45Moz* Gold resource 2.31Moz Gold reserve 2.03 Moz One of Australia’s larger undeveloped open pit opportunities PFS complete
Slide 19: McPhillamys Infill and Extensional Drilling
19 McPHILLAMYS 19 For personal use only INFILL AND EXTENSIONAL DRILLING 8 diamond holes (3,953m) were drilling during the quarter: Infill of deeper parts of reserve model Add drilling data beyond current pit design Significant results included: 134m @ 1.24g/t Au from 399m 143m @ 1.14g/t Au f
Slide 20: McPhillamys EIS and DFS Update
20 McPHILLAMYS 20 For personal use only EIS AND DFS UPDATE EIS – work continuing with most areas nearing completion Draft PEA submitted to regulators for review during quarter: Allowed meetings with key regulators involved in assessment of project Formal submission targeted for Q3 – triggers DPE
Slide 21: McPhillamys Discovery Ridge Expected to Deliver Significant Value
21 McPHILLAMYS 21 For personal use only DISCOVERY RIDGE EXPECTED TO DELIVER SIGNIFICANT VALUE TO MGP 100% owned Discovery Ridge deposit located 32km away from McPhillamys by major highway MRE of 13.84Mt @ 1.1g/t for 501koz* Completed 1,930m of a 6,000m RC infill drilling programme in Q2 for ma
Slide 22: Recap of Presentation
RECAP OF PRESENTATION For personal use only 22 22 Q2 gold production an all time Regis record of 92,113 ounces at AISC of A$855/oz Production in line with Q1 (91,921oz) and run rate at top of FY18 guidance Q2 AISC below bottom of guidance range Record H1 production of 184,034 ounces at AISC
Slide 23: Appendix: JORC Compliant Ore Reserve Estimates March 2017
APPENDIX 1 JORC COMPLIANT 23 23 ORE RESERVE ESTIMATES 31 MARCH 2017 For personal use only 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) (Mt) (g/t) (koz) (Mt)
Slide 24: Appendix: JORC Compliant Mineral Resources March 2017
APPENDIX 2 24 24 JORC COMPLIANT MINERAL RESOURCES 31 MARCH 2017 For personal use only 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 Project Type Person2 (g/t) (Mt)