REVIEW OF FY2016 Q2 OPERATIONS3
Q2
Q1
Ore mined (Mbcm)
1.13
1.27
Waste mined (Mbcm)
5.21
5.85
Stripping ratio (w:o)
4.61
4.62
Ore mined (Mtonnes)
2.62
3.00
Ore milled (Mtonnes)
2.58
2.56
Head grade (g/t)
1.00
1.04
Recovery (%)
91
88
Gold production (ounces '000)
76
75
Cash cost (A$/oz)
789
821
Cash cost inc royalty (A$/oz)
861
888
All in Sustaining Cost (A$/oz)1
918
973

PRODUCTION AT UPPER END OF GUIDANCE & DELIVERING STRONG CASHFLOW

OPERATIONS

  • Q2 production 75,544 ounces
    • Run rate at upper end of FY2016 guidance of 275-305koz
  • Q2 throughput consistent with Q1 & ≈ 10.3mtpa
  • Q2 recovery 91%, ↑3% - GW optimizing & more oxide
  • Q2 grade 1.00g/t - in line with Q1
  • Q2 Duketon strip ratio in line with Q1
    • GW continues to decrease to LOM average
  • Q2 reconciliation to reserve positive for Duketon
    • GW continuing to improve and Dec15 in line
    • COSTSØ Q2 cash costs $789/oz - ↓4% (Q1: $821/oz)
    • Unit costs consistent
    • RMT cutback excluded
    • Ø Q2 AISC $918/oz - ↓6% (Q1: $973/oz)
    • Below lower end of FY2016 guidance of $970 -

$1,070/oz

OPERATING CASH-FLOW

Q2 operating cashflow $49.8m (Q1: $50.8m)


1 AISC calculated on a per ounce of production basis

4

FY2016 Q2 OPERATING RESULTS4
Moolart Well
Rosemont
Garden Well
Total
Ore mined (bcm )
336,847
298,844
496,224
1,131,915
Waste mined (bcm)
1,273,692
2,403,341
1,536,669
5,213,702
Stripping ratio (w:o)
3.8
8.0
3.1
4.6
Ore mined (tonnes)
691,834
694,357
1,236,819
2,623,011
Ore milled (tonnes)
726,088
608,178
1,248,141
2,582,406
Head grade (g/t)
0.90
1.36
0.89
1.00
Recovery (%)
91.5
92.9
89.0
90.9
Gold production (ounces)
19,208
24,622
31,714
75,544
Cash cost (A$/oz)
805
629
903
789
Cash cost inc royalty (A$/oz)
878
705
971
861
All in Sustaining Cost (A$/oz)
991
778
983
918

Regis Resources Ltd. issued this content on 14 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 10 February 2016 14:57:20 UTC