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Regis Resources Ltd.

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Summary

Project:

Duketon

Deposit:Rosemont
Location:Australia
Commodities:Gold
Date:4/15/2019
Report Code:JORC
Report Type:Pre-Feasibility Study
Project Stage:Active Mining & Production
Report details:15-4-2019: Regis Resources Ltd. announces a Pre-Feasibility Study report for its Rosemont deposit at the Duketon project. PFS for Rosemont UG results incl. AISC of $1120/oz Au, updated resource and reserve. Regis Managing Director, Mr Jim Beyer commented:
Resources:(Reserve, Prob.): 0.6Mt @ 6.4g/t Au for 123koz Au contained at Rosemont UG
CP/QP:[Resources]: Andrew Finch (Entech Pty Ltd.)
ABSTRACT:Regis Managing Director, Mr Jim Beyer commented: “It has been extremely pleasing to see the Rosemont team commence development of our underground mine. This is another major step as we continue to deliver the underground growth strategy that Regis has been pursuing at Duketon. It is also very satisfying to see that the recently completed Pre-feasibility study demonstrates an increasingly robust UG operation. As we have stated before, we believe the development of thisinitial underground position at Rosemont provides an excellent platform to continue to grow our production and this is already proving to be the case. I am also very excited to see the underground exploration picture develop further with the recently completed 2D seismic survey indicating the potential for ongoing growth beneath the current resource, with a potential large feeder structure to the Rosemont mineralisation visible. This structure will be a priority opportunity targeted by our exploration team”

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