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Regis Resources Ltd.
Summary
| Project: | Duketon | |
|---|---|---|
| Deposit: | Duketon | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/30/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 30-4-2019: Regis Resources Ltd. announces an Exploration/Drilling Update report for its Duketon deposit at the Duketon project. Drilling results incl. 8m @ 12.3g/t Au from 138m. Regis Resources Managing Director, Jim Beyer, said: “The Regis team has again | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Tara French (Internal) | |
| ABSTRACT: | Regis Resources Managing Director, Jim Beyer, said: “The Regis team has again produced a strong operating performance from the Duketon Project. Gold production in the March quarter of 91,087 ounces puts the Company on track to deliver full year production at the mid to upper end of our annual production guidance range of 340,000-370,000 ounces. The Company reached a major milestone during the quarter with the commencement of development of our first underground operation at Duketon. Portal development at the southern end of the Rosemont Main open pit began in February 2019 and represents a significant step in delivering on the underground growth strategy that Regis has been pursuing at Duketon. We are expecting to see our first development ore during the upcoming September quarter. “Our exploration team delivered more exciting high-grade results at Baneygo underneath the planned open pit. With the success of their work, the Baneygo underground target is moving up the priority list of high potential underground mining areas across the Duketon Greenstone Belt. “In summary a solid production quarter that continues the excellent start in the first half of the year while we also continued to work on our McPhillamys project and the execution of our exploration strategy to increase our mine life and raise our production profile.” | |
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