REGIS RESOURCES LIMITED — AGM Information 2008

Oct 22, 2008

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David Walker CEO & Managing Director

Annual General Meeting – 23 October 2008

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23 October 2008

AGM

Forward-Looking Statements

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This presentation contains “forward-looking statements”. Such forward-looking statements may include, without limitation:

• Estimates of future results of exploration activities;

• Estimates of future cash flow;

• Estimates of future capital expenditure and resources;

• Estimates of mineral reserves, resources and statements regarding future exploration results.

• Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to metals price volatility, currency fluctuations, increased production costs and variances in ore grade or recovery rates from those assumed in mining plans, as well as political and operational risks in the countries and states in which we operate or sell product to, and governmental regulation and judicial outcomes.

• The Company does not undertake any obligation to release publicly any revisions to any “forward-looking statement” to reflect events or circumstances after the date of this presentation, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

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23 October 2008

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Board and Management

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MICHAEL FOLIE Non-Executive Chairman

Shell Australia, Billiton, Acacia Resources

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DAVID WALKER CEO & Managing Director

CRA, CS First Boston, ABN AMRO

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PAUL DOWD Non-Executive Director

Newmont Australia, Adelaide Resources

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Project Location – Western Australia

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• Eastern Goldfields region

• Laverton area

• One of Australia’s major gold producing regions

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23 October 2008

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WA Properties – Gold and Nickel

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• The major landholding in the Duketon Belt

• Over 600 granted mineral licences and applications

• � In excess of 4,000 sq km of prospective ground

• � Gold – Duketon region � Nickel – Collurabbie belt

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23 October 2008

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Duketon

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23 October 2008

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Duketon Gold Project – A New Development

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• Duketon gold mining area

• Moolart Well key asset

• Discovered in 2001

• Moved to 100% in 2006

• 9 separate deposits, all on granted Mining Leases

• Franco Nevada 2% Royalty

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23 October 2008

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Moolart Well Gold Deposit

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Looking North
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23 October 2008

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Moolart Well – Laterite Zone (to 20m)

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• + Five kilometre mineralised zone

• Up to 1.5 km wide

• Drilled 2,755 holes and 255,470 assays

• JORC M+I+I resource of 496,000 oz

• JORC P+P reserves of 442,142 oz (96% proven)

• Down to 20m vertical depth only

• Average cover of 6m

• Average ore thickness of 3.8m

• High grade intercepts of up to 50g/t

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23 October 2008

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Laterite Ore Metallurgy

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• Average 11% gravity gold recovery

� 94% total gold recovery, 24 hours

� low CN consumption 0.26 kg/t

� Lime consumption 6 kg/t

• BWI of 17

• Wet met recovery grade higher 8-18%

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23 October 2008

AGM

Moolart Well – Oxide Zone (20-70m)

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• Between 20-70m vertical depth

• 577,000 oz in JORC M+I+I resource

• Most zones open along strike and at depth

• Significant high grade >10 oz/t intercepts

• Primary structures most evident in lower oxide zone

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23 October 2008

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Oxide Ore Metallurgy

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• 6-71% gravity gold recovery

• 94% total gold recovery, 24 hours

• low CN consumption of

• 0.2 kg/t

• Lime consumption 4.3 kg/t

• Wet met grades 6-65% above drill grades

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23 October 2008

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Duketon Gold Resources

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Regis Resources Ltd	Regis Resources Ltd	Regis Resources Ltd	Regis Resources Ltd	Resource Statement	Resource Statement	Resource Statement	Resource Statement	Resource Statement	Resource Statement
Duketon Gold Project	Measured			Indicated			Inferred			Total Resources			cut-off grade g/t	source
	million tonnes	grade g/t	gold koz	million tonnes	grade g/t	gold koz	million tonnes	grade g/t	gold koz	million tonnes	grade g/t	gold koz
Moolart Well
Laterite	9.8	1.45	459	1.0	0.90	29	0.3	0.88	8	11.1	1.39	496	0.5	GR
Oxide	1.2	1.85	71	3.9	1.52	192	6.7	1.45	314	11.9	1.51	577	0.8	GR
Sulphide							2.4	1.37	108	2.4	1.37	108	1.0	GR
Low grade	4.0	0.42	54	13.9	0.47	212	48.5	0.50	774	66.4	0.49	1,040	0.3-1.0	GR
Moolart Well sub-total	15.0	1.21	584	18.8	0.72	433	58.0	0.65	1,204	91.8	0.75	2,220
Erlistoun
Oxide							0.3	4.50	43	0.3	4.50	43	1.0	RRL
Transitional							0.5	3.78	59	0.5	3.78	59	1.0	RRL
Sulphide							1.1	3.41	123	1.1	3.41	123	1.0	RRL
Erlistoun sub-total							1.9	3.68	224	1.9	3.68	224
Dogbolter							0.9	2.91	87	0.9	2.91	87	1.0	RSG
Total Project Development	15.0	1.21	584	18.8	0.72	433	60.8	0.78	1,515	94.6	0.83	2,531
Satellite Deposits
Rosemont							14.7	1.72	815	14.7	1.72	815	1.0	GMS
King John							0.7	3.18	72	0.7	3.18	72	1.0	RSG
Russells Find							0.4	3.84	55	0.4	3.84	55	1.0	RSG
Baneygo							0.8	1.70	43	0.8	1.70	43	0.5	RSG
Reichelts Find				0.1	3.69	17				0.1	3.69	17	1.0	RSG
Petra							0.4	3.12	42	0.4	3.12	42	2.0	RRL
Satellites sub-total				0.1	3.69	17	17.1	1.87	1,027	17.2	1.88	1,044
REGIONAL TOTAL	15.0	1.21	584	19.0	0.74	449	77.9	1.02	2,542	111.8	0.99	3,575
RRL EQUITY												3,554

Source: GR=Golder Associates 2008 and Regis Resources 2008; RSG=RSG Global 2002; GMS=Global Mining Services 2001; RRL=Regis Resources 2008. Moolart Well resource drilling up to 14 January 2008 Equity positions as at 30 September 2008

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23 October 2008

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Duketon Reserves

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Duketon Gold Project	Proven	Proven	Proven	Probable	Probable	Probable	Total Reserves	Total Reserves	Total Reserves
	million tonnes	grade g/t	gold koz	million tonnes	grade g/t	gold koz	million tonnes	grade g/t	gold koz
Moolart Well
Laterite	9.4	1.41	425	0.6	0.97	18	9.9	1.39	442
Oxide
Sulphide
Moolart Well sub-total	9.4	1.41	425	0.6	0.97	18	9.9	1.39	442
Erlistoun
Oxide
Transitional
Sulphide
Erlistoun sub-total
Dogbolter
Total Project	9.4	1.41	425	0.6	0.97	18	9.9	1.39	442
RRL EQUITY									442

� Ore reserve estimate at a gold price of A$1000/oz

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23 October 2008

AGM

Project Capital Cost

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� 2[nd] hand 2.0 mtpa plant $86m

� New 2.5 mtpa plant $133m

• A number of 2[nd] hand mills available

ELEMENT	2nd Hand Plant 2.0 mtpa $m	New Plant 2.5 mtpa $m
Dismantle and transport Refurbish Plant Processing Plant Civils Site Access Roads Airstrip Permanent Camp Water supply Bulk Earthworks Tailings SF	8.9 2.7 35.8 3.1 2.2 6.3 1.7 1.2 5.1	76.1 3.1 2.2 16.0 1.7 1.2 5.1
TOTAL Project EPCM Commissioning Prelim and General	66.9 5.7 0.6 1.1	105.3 8.5 0.7 0.9
TOTAL Owner's Costs Contingency	7.3 5.0 7.1	10.2 5.5 11.6
TOTAL	86.3	132.6

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23 October 2008

AGM

Feasibility Study Advanced

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� Targeting 2.5 mtpa, 150 koz pa

� 7 years initial life

• Based on:

• Moolart Well

• Erlistoun

• Dogbolter

• Combined laterite-oxide plan

• 36 months laterite only ore

• Low-cost scraper mining method

• Less than A$500/oz cash costs

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23 October 2008

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AGM

Site Infrastructure Plan & Preliminary Plant Design

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• Site layout design completed

• Sterilisation drilling completed

• Access permits underway

• Water borefield development advanced

• Abundant groundwater available

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23 October 2008
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AGM

Permitting

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• All 9 deposits on granted Mining Leases

• No Native Title issues

• Environmental permitting process advanced (2 stages of 5 stage process complete)

• Part V EPA Act process determined

• Clearing permit approval expected

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23 October 2008

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Exploration Upside – Duketon

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Moolart WellMoolart Well
M+I+I: 2,220 koz M+I+I: 2,220 koz
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DogbolterDogbolter
87 koz87 koz
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� 60 km prospective gold corridor

• Poorly explored

� Some areas un-explored

� All Regis managed

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RosemontRosemont
815 koz815 koz
King JohnKing John ErlistounErlistoun
72 koz72 koz
224 koz224 koz
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Resource Growth

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Regis Resources Ltd
Project and Equity Resources
moz
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
Project Resources Equity Resources M&I resources Reserves
Aug-04 Jun-05 Jun-06 Jun-07 Nov-07 May-08 Oct-08
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23 October 2008

AGM

Outlook

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• Current Situation

• Equity markets currently closed

• Debt markets open, but expensive

• Regis’ Position

• $13M of cash

• Strong Financial support

• Way forward

• Complete Feasibility Study

• Wait for markets to stabilise

• All opportunities being reviewed

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Summary

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• Large resource base in nine deposits

• Moolart Well Laterite reserves of 441,509oz

• Feasibility Study approaching completion

• Strong support from financial community

• Gold exploration upside at Moolart Well and in the Moolart Corridor

• Strong nickel potential at Collurabbie

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