CASH BALANCE BUILDS FOR 3rd CONSECUTIVE QUARTER
Regis Resources’ Managing Director, Jim Beyer, said: “A very pleasing start to the financial year as
we saw good progress on several fronts. Gold production and costs are right on plan. It was our first
full quarter where all key operating assets were in commercial production and the performance clearly
demonstrates the cash generating capacity of the operating assets as they transition to cash harvest
phase. With the closure of the hedge book now less than 9 months away it is crystal clear that the
Company’s free cash flow generation in FY25 is set to accelerate and we expect to deliver more than
$170M in additional pre-tax cash flow at current spot gold prices.
It is also very pleasing to see the next potentially long life growth project at Tropicana, the Havana
underground, progress through the Pre-Feasibility stage and onto the next evaluation stage.
Tropicana continues to prove to be an exceptional long-term investment that continues to grow in
value.”
OPERATIONS
• Lost Time Injury Frequency Rate (LTIFR 12MMA) steady at 0.7 per million man hours
• September quarter gold production of 111.4koz at an AISC of $2,106/oz
o Duketon: 76.4koz gold produced at an AISC of $2,180/oz (incl $227/oz of non-cash
inventory adjustment)
o Tropicana: 35.0koz gold produced at an AISC of $1,859/oz
FINANCIAL AND CORPORATE
• Gold sales for the quarter of 106.6koz totalled $273M at an average realised price of
$2,560/oz (incl. hedge impact)
• Operating cash generated for the quarter of $97M (after hedge loss of $41M*): Duketon:
$67M, Tropicana: $30M.
• Cash and bullion as at 30 September 2023 increased to $250M after investing $64M in
capital expenditure, and $13M in exploration and $4M on McPhillamys
• FY24 production and AISC guidance maintained:
o Gold production: 415koz-455koz
o All in sustaining costs: $1,995/oz-$2,315/oz (includes ~$200/oz of non-cash inventory
adjustments)
o Growth capital: $85M-$95M
o Exploration: $48M-$55M (includes resource definition)
o McPhillamys: $22M-$25M
GROWTH
• Garden Well Main dedicated exploration decline completed with initial drilling program
planned for completion in the December quarter 2023
• McPhillamys progressing through final stages of key approvals
• Duketon 9MW solar farm commissioned, reducing power costs and carbon emissions
• Havana (Tropicana) underground PFS completed and progressed to next phase

see & read more on
https://wcsecure.weblink.com.au/pdf/RRL/02730229.pdf