Regis Resources Ltd announces McPhillamys Gold Project DFS results

Regis Resources Ltd (ASX: $RRL) has released the results of the Definitive Feasibility Study (DFS) for the McPhillamys Gold Project, located in New South Wales. The study highlights an updated Ore Reserve of 56Mt at 1.1g/t gold for 1.89Moz, with a projected gross revenue of $5.2 billion at a Life of Mine (LOM) gold price of $3,000/oz. The project is positioned as a long-life, low operating cost opportunity with robust financial metrics, and is expected to deliver significant value growth potential.

Regis Resources Ltd Managing Director, Jim Beyer, expresses confidence in the McPhillamys Gold Project

Regis Resources Ltd's Managing Director, Jim Beyer, expressed confidence in the value proposition of the McPhillamys Gold Project and its potential to generate significant benefits for stakeholders. The project's updated Ore Reserve and robust financial metrics underscore its position as a value accretive, long-life, low operating cost, organic growth opportunity. The commitment to maximizing shareholder value and the focus on environmental and social responsibility further emphasize the company's dedication to sustainable and responsible mining practices.

Regis Resources Ltd's McPhillamys Gold Project: A Significant Growth Opportunity

Regis Resources Ltd's release of the Definitive Feasibility Study (DFS) for the McPhillamys Gold Project highlights its potential as a significant growth opportunity. With an updated Ore Reserve of 56Mt at 1.1g/t gold for 1.89Moz and a projected gross revenue of $5.2 billion at a Life of Mine (LOM) gold price of $3,000/oz, the project demonstrates robust financial metrics and significant value growth potential. The company's commitment to environmental and social responsibility, along with proactive stakeholder engagement, underscores its dedication to sustainable and responsible mining practices. The project's approval as a State Significant Development and its alignment with environmental protection regulations further solidify its position as a promising venture for Regis Resources Ltd and its stakeholders.