Regis Resources Limited (ASX: RRL) is a publicly listed Perth based gold production and exploration company with a proven management team that has a successful track record of developing mid-sized gold operations within Australia and Africa.
The Company is a purely Australian gold miner with operations at the Duketon Gold Project in the North Eastern Goldfields of Western Australia and the McPhillamys Gold Project in the Central Western region of New South Wales.
The Duketon Gold Project comprises three operating processing centers with forecast production for the 2019 financial year of between 340,000 and 370,000 ounces of gold.
In 2018 the Company achieved record production of 361,373 ounces of gold at an all in sustaining cost of A$901 per ounce.
An aggressive underground exploration programme at Duketon in FY2018 culminated in the release of a maiden underground Resource at the Rosemont gold deposit of 1.4Mt @ 5.10g/t for 230,000 ounces. In August 2018 the Board approved the development of the Rosemont Underground project.
The McPhillamys Project in NSW has a gold reserve of 2.03 million ounces making it one of Australia's larger undeveloped open pit opportunities. The Company is progressing a definitive feasibility study in to the development of a 7Mtpa operation at McPhillamys expected to be completed in the December 2018 quarter.
Achieved upper end of production guidance in the 2018 financial year with 361,373 ounces of gold produced.
Successful exploration programme in FY2018 delivered a maiden underground resource at Rosemont.
Advanced the development of the McPhillamys Gold Project with Environmental Impact Statement and Definitive Feasibility Study expected to be completed in the December 2018 quarter.
Annual Production Gold, oz per year
Annual Proven & Probable Reserves Gold, Moz per year
Mineral Authority: JORC , GEOs: No
All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.