# Bell Potter Unearthed Conference Presentation

Source Brief: https://evesgoldminers.com/research/source-briefs/regis-resources-ltd-2026-02-09-bell-potter-unearthed-conference-presentation-308b6b55
Original source: https://www.regisresources.com.au/wp-content/uploads/2026/03/260209-Bell-Potter-Unearthed-Conference.pdf
Original published: 2026-02-09
EGM generated: 2026-09-04
Company: Regis Resources Ltd (RRL)

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# Bell Potter Unearthed Conference Presentation

Source: https://www.regisresources.com.au/wp-content/uploads/2026/03/260209-Bell-Potter-Unearthed-Conference.pdf
Published: 2026-02-09T00:00:00+00:00
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Source artifact: 308b6b55-067a-4e2d-9d96-46f973660430
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## Content

# Bell Potter Unearthed Conference Presentation
Bell Potter Unearthed Conference
09 February 2026
Jim Beyer – Managing Director & CEO
ASX : RRL
Cautionary statement
This presentation contains only a brief overview of Regis Resources Limited and its associated entities (“Regis or The Company confirms that it is not aware of any new information or data that materially affects the information included
RRL”) and their respective activities and operations. The contents of this presentation, including matters relating to in the Relevant ASX Announcements and in each case the Production Targets, forecast financial information and
the geology of Regis’ projects, may rely on various assumptions and subjective interpretations which it is not estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning
possible to detail in this presentation and which have not been subject to any independent verification. that information in the Relevant ASX Announcements, continue to apply and have not materially changed. The Company
confirms that the form and context in which the Competent Person’s findings are presented have not been materially
modified from the original ASX announcement.
This presentation contains a number of forward-looking statements that are subject to risk factors associated with
gold exploration, mining and production businesses. It is believed that the forward looking statements in this presentation
are reasonable based on information available as at the date of this presentation but known and unknown risks and This presentation uses Mineral Reserves and Mineral Resources classification terms that comply with reporting
uncertainties, and factors outside of Regis’ control, may cause the actual results, performance and achievements of Regis standards in Australia. These standards differ significantly from the requirements of the United States Securities and
to differ materially from those expressed or implied in this presentation. These risk factors include, but are not limited to, Exchange Commission that are applicable to domestic United States reporting companies and, therefore, are not
changes in commodity prices, foreign exchange fluctuations and general economic conditions, increased costs and comparable.
demand for production inputs, the speculative nature of exploration and project development, including the risks of
obtaining necessary licenses and permits and diminishing quantities or grades of reserves, political and social risks,
Past performance and pro-forma financial information given in this document, including in relation to upgrades to
changes to the regulatory framework within which the Company operates or may in the future operate, environmental
resources and reserves, is given for illustrative purposes only and should not be relied upon as (and is not) an indication
conditions including extreme weather conditions, recruitment and retention of personnel, industrial relations issues and
of future performance, nor of Regis’ views on the Company’s future financial performance or condition. Investors should
litigation. Readers are cautioned not to place undue reliance on forward looking statements. No representation or
note that past performance of Regis, including the historical trading prices of its shares, cannot be relied upon as an
warranty, express or implied is made as to the accuracy, currency or completeness of the information in this presentation,
indicator of and provides no guidance as to Regis’ future performance, including the future trading price of its shares. The
nor the future performance of Regis. Except as required by applicable law or regulations, Regis does not undertake to
historical information included in this presentation is, or is based on, information that has previously been released to
publicly update or review any forward-looking statements, whether as a result of new information or future events.
the market.
Current and potential investors and shareholders should seek independent advice before making any investment decision
in regard to Regis or its activities. As noted above, an investment in Regis shares is subject to known and unknown risks, some of which are beyond the
control of Regis. Regis does not guarantee any particular rate of return or the performance of the Company, nor does it
guarantee the repayment of capital from Regis or any particular tax treatment.
Mineral Resources, Ore Reserves and Exploration Results are extracted from the Mineral Resource and Ore Reserve
Statement released to the ASX on 20 May 2025 and Exploration Results updated on 9 December 2025 (the Relevant
ASX Announcements). The distribution of this presentation (including an electronic copy) outside of Australia (including the United States) may
be restricted by law and any such restrictions should be observed. Any non-compliance with these restrictions may
For Duketon, figures on slides 10 and 30 are based on Probable and Proved Ore Reserves, which have been prepared contravene applicable securities laws.
by competent persons in accordance with the JORC Code. For Tropicana, no production target is provided.
References to Tropicana are at 30% ownership unless otherwise noted. Regis is an Australian company which reports in
In each case, appropriate Competent Person’s consents were obtained for the release of that information in the Relevant AUD.
ASX Announcements and those consents remain in place for subsequent releases by the Company of the same
information in the same form and context, until the consent is withdrawn or replaced by a subsequent report and ASX announcements are available on the Company’s website at www.regisresources.com.au.
accompanying consent.
2
Exploration Targets
Exploration Target at Ben Hur (noted on Slide 12) is extracted from ASX release “Underground Exploration Target Established
for Ben Hur” dated 21 November 2024. The Ben Hur Exploration Target is estimated to contain between 4.0Mt and 6.0Mt at a
grade ranging between 2.2 g/t Au and 2.8 g/t Au across the deposit. The Exploration Target area includes potential down
plunge extensions of the current open pit mineralisation with a 500m vertical extent from 400m RL to -100m RL.
The information that relates to Mineral Resource Estimates and Exploration Targets, as those terms are defined in the 2012
Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’, is based on
information compiled or reviewed by Mr Robert Barr, who is a member of the Australasian Institute of Mining and Metallurgy
(AusIMM Member #991808). Mr Barr is a full-time employee of the Company. Mr Barr has sufficient experience that is
relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify
as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves’. Mr Barr consents to the inclusion in the report of the matters based on his information in the
form and context in which it appears.
The potential quantity and grade of the Exploration Targets are conceptual in nature and therefore is an approximation. There
has been insufficient exploration to estimate a Mineral Resource, and it is uncertain if further exploration will result in the
estimation of a Mineral Resource. The Exploration Target has been prepared and reported in accordance with JORC Code
2012.
The Exploration Targets have been reasonably defined based on a review of the deposits using existing data, including drill
hole databases, geophysical data sets and Mineral Resource Estimate (MRE) data. The drill data shown as gram-metre
intervals was used to assist in defining the volumes used to quantify the Exploration Targets.
The Exploration Target mineralised zones are constructed to form a volume for block model estimation with the same
parameters as the Garden Well, and Rosemont underground resources. Tonnage estimates are generated by applying bulk
densities from the Garden Well, Rosemont and Ben Hur deposit and underground mining shapes assume the same mining
methods and cost structure as for the Garden Well South and Rosemont underground operations.
To mitigate the risk and further evaluate the Exploration Targets, high-level drill program have commenced and are ongoing.
The drilling to date has begun to test the initial target area with results supporting the assumptions behind the Exploration
Targets. ASX announcements are available on the Company’s website at www.regisresources.com.au.
3
We Are An Unhedged Producer With Long Life Assets
Strong platform in a Tier 1 location Darwin
Duketon 3.3 Moz Resource
• FY26 production guidance: 220koz - 240koz
NT
2.7 Moz Resource
• FY26 AISC guidance: $2,790 - $3,200/oz
McPhillamys
• Mineral Resources1: 3.3Moz QLD
• Section 10 declared.
• Ore Reserves1: 1.1Moz • Project re-set underway.
WA
DUKETON SA Brisbane
TROPICANA
MCPHILLAMYS
Perth NSW
Tropicana 1.6 Moz Resource Sydney
Adelaide
• FY26 production guidance: 130koz - 140koz VIC
Canberra
• FY26 AISC guidance: $2,240 – $2,560/oz Total Resources1 7.5Moz Melbourne
• Mineral Resources1: 1.6Moz
• Ore Reserves1: 0.6Moz
Total Reserves1 1.7Moz TAS
Hobart
1. ASX release titled “Mineral Resource, Ore Reserves and Exploration Update” dated 20 May 2025. Errors of summation may occur due to rounding.
4
Q2 FY26 Highlights
• LTIFR12mma was 0.34 per million hours.
• Consistent delivery and strong cash generation: solid operational performance building cash and bullion to
$930M, up $255M.
• Paid fully franked dividend of 5c per share ($38M)
• Group production was 96.6koz at AISC of $2,839/oz (inc. $179/oz non-cash):
• Duketon: 57.6koz at AISC of $3,151/oz (inc. $226/oz non-cash).
• Tropicana: 39.0koz at AISC of $2,303/oz (inc. $110/oz non-cash).
• Gold sales were 99.5koz at $6,436/oz.
• Announced development of 251koz Ore Reserves at Buckingham–Wellington open pit at Duketon North,
expected to be mined over 5.7 years with strong forecast financial returns.
• Exploration success and underground growth projects on track, continuing to drive organic growth pipeline.
• McPhillamys progressing parallel study work on technically feasible concept incorporating co-disposal
within the planned waste dump while also undertaking more drilling to test mineralisation trends, potential
pit extensions and other confirmatory testing.
5
Consistency in Cash and Bullion Build After paying a fully
franked dividend of 5c
per share ($38M)
Solid fundamentals continue to deliver into record gold prices.
+$255M
Hedge Delivered over $1 BILLION
+$158M
buyout cash build2 since Dec 2023 $930M
+$150M
+$138M
$675M
+$149M
$517M
+$85M $367M
+$109M1
+$31M $229M
$80M
Net cash
Net debt $(145M) $(114M) $(5M)
Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25
6
1. Includes $20M a non-recurring tax refund.
2. Cash and bullion build before $300m debt repayment.
The Future Of Our Current Producing Assets
A business with scale and multiple organic growth options
We continue to focus on producing sustainable and profitable ounces from our current assets
Producing sustainable
and profitable ounces
• Ramp up third underground mine (Garden Well Main)
• Grow to at least four underground mines
Duketon • Enhance core production with opportunistic, cash positive ounces 200-2501koz
• Rolling Underground Reserve replacement
• Ramp up Havana open pit, with reduced waste movement
Tropicana 125-1452koz
• Progress development of the Havana Underground
• Rolling Underground Reserve Replacement
1. Assumes no new open pit discovery.

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