Company News Summary | 12 Oct 2017
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Regis Resources Provides September 2017 Quarterly Report
10:04:00 | Associate analysts
Original annuncemenet:September 2017 Quarterly Results Presentation
Regis Resources Provided September 2017 Quarterly Report and Exploration Update. The production is 2% higher than Q4 (90,428oz) and run rate at top of FY2018 guidance. It completed 48,806m of drilling on 15 gold projects. The phase 1 drill programme underway at Rosemont South and below Rosemont Main Pit returning numerous high grade intercepts. The Company is testing high grade shoots 100-200m vertically below ultimate open pit design depth as potential for underground mining inventory extension. McPhillamys maiden reserve of 2.03Moz takes the Company's reserves to over 4.2Moz. Cash-flow from operations is $62.9m for Q1 (Q4: $74.2m).
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