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REGIS RESOURCES LIMITED Capital/Financing Update 2015

Jul 15, 2015

65733_rns_2015-07-15_14080c41-2908-44fd-aab5-76d80434c5ef.pdf

Capital/Financing Update

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ABN 28 009 174 761

16 July 2015 Manager Announcements Company Announcements Office Australian Securities Exchange Limited Level 4, 20 Bridge Street Sydney NSW 2000

www.regisresources.com Level 1 1 Alvan Street Subiaco WA 6008 Australia P 08 9442 2200 F 08 9442 2290

PURCHASE OF GLOSTER GOLD DEPOSIT

The board of Regis Resources Ltd is pleased to advise that the Company has completed a transaction to acquire prospecting licences P38/3769 to P38/3774 (Gloster Tenements) from a private individual for A$1.5 million (paid in cash) and a gross royalty of A$10 per ounce to be paid on any gold production from these licences (indexed to the gold price where the gold price exceeds A$1,500 per ounce).

The licences are strategically located 26 kilometres from Regis’ Moolart Well processing plant and contain a historic Resource estimate of 8,279,000 tonnes at 1.37g/t for 365,000 ounces. The Resource estimate was completed in 1997 in compliance with the 1996 JORC Code and Guidelines. The area (historically referred to as the Famous Blue Project) has previously been well drilled by several companies and historic mining took place on these tenements with approximately 6,000 ounces produced from 1902 to 1910. A breakdown of the 1997 Resource is included in Table 1 below.

Regis believes there is very good potential for mining of the Gloster project to profitably extend the operational life at Moolart Well through the trucking of mined ore to that plant for treatment.

The acquisition of the Gloster deposit is part of Regis’ objective of extending the mine life at Moolart Well by adding incremental ounces from satellite deposits to the mining inventory. This will be in addition to mine life extensions expected to be delivered at Moolart Well through resource definition and conversion in the Moolart Well oxides and at the nearby Petra, Dogbolter and Anchor deposits.

Regis’ plan in the short term is to complete a drilling campaign to update the historic Resource and then in due course to use this data as the basis of a mining study.

Managing Director Mark Clark said “the acquisition of the Gloster deposit is important to Regis as it should provide further longevity and profitability to the very successful Moolart Well operations and confirms the potential to add to the Regis resource base in the Duketon area”.

Yours sincerely Regis Resources Limited

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Mark Clark Managing Director


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Table 1. Famous Blue 1997 Resource estimated using a 0.5g/t Au cut-off.

Area Category Tonnes Grade Ounces
Famous Blue MeasuredIndicatedInferred 07,523,000756,000 01.371.35 0332,00033,000
**Total ** 8,279,000 **1.37 ** 365,000

Regis, Gloster and Duketon Gold Exploration Joint Venture Tenure

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Qualification Statement

The technical information in this report has been reviewed and approved by Mr Jens Balkau who is a member of the Australasian Institute of Mining and Metallurgy. Mr Balkau has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the ‘Australasian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Jens Balkau is a full time employee of Regis Resources Ltd and consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.


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