AI assistant
REGIS RESOURCES LIMITED — Interim / Quarterly Report 2016
Jul 21, 2016
65733_rns_2016-07-21_00f733fd-a452-4428-b411-45a5dd51e4ad.pdf
Interim / Quarterly Report
Open in viewerOpens in your device viewer

HIGHLIGHTS
DUKETON OPERATIONS
- Quarterly gold production of 78,471 ounces (Q3: 75,656 ounces) takes annual gold production to 305,084 ounces, exceeding the upper end of annual FY2016 guidance of 275 – 305koz.
- Pre-royalty cash cost for the quarter of $776 per ounce and all in sustaining cost of $951 per ounce (Q3: CC $696/oz & AISC $856/oz), both below the lower end of FY16 annual guidance.
- Annual gold production of 305,084 ounces at a pre-royalty cash cost of $773 per ounce and an all in sustaining cost of $927 per ounce both of which are below the lower end of FY16 annual guidance.
- Strong cash flow generated from operations of $68.2 million (Q3: $56.5m).
- Final statutory approvals were received for the Gloster Project with mining on target to commence later in the September 2016 quarter and first gold production in the December 2016 quarter.
FY2017 GUIDANCE
• Regis expects to build on strong FY2016 operations in FY2017 with gold production guidance increasing to 300,000 – 330,000 ounces at an AISC range of $980 – 1,050 per ounce. Total capital expenditure expected to be in the order of $27 million, largely related to the development of new operations Gloster and Erlistoun.
CORPORATE
- Cash and bullion increased to $123.3 million at 30 June 2016 (Mar 16: $106.7m) after the early repayment of debt ($20.0m) and payment of income tax ($10.2m) during the quarter.
- Early repayment of the $20 million debt facility leaves Regis debt free, other than normal trade creditors and leasing arrangements.
2016 JORC RESERVE UPDATE
• Group Ore Reserves increased by 6% from 2.01 million ounces to 2.13 Moz after accounting for mining depletion of 330,000 ounces. This is a 445,000 oz (22%) increase net of depletion.
EXPLORATION
• RC drilling at Tooheys Well (2.5km south of Garden Well) has continued to return fresh rock high grade mineralisation. Significant results from drilling during the quarter include:
| 75 metres @ 2.27 g/t gold from 165 to 240m | 32 metres @ 2.02 g/t gold from 181 to 213m |
|---|---|
| 57 metres @ 2.05 g/t gold from 139 to 196m | 34 metres @ 1.98 g/t gold from 167 to 201m |
| 46 metres @ 1.59 g/t gold from 261 to 307m | 21 metres @ 2.57 g/t gold from 232 to 253m |
• RC resource definition drilling at Idaho (2.2km north of Baneygo) returned significant results:
| 30 metres @ 4.31 g/t gold from 55 to 85m | 24 metres @ 2.69 g/t gold from 76 to 100m |
|---|---|
| 27 metres @ 1.29 g/t gold from 95 to 122m | 8 metres @ 8.30 g/t gold from 26 to 34m |
• Infill and extensional drilling at Russells Find has returned encouraging results including:
| 15 metres @ 2.48 g/t gold from 58 to 73m | 31 metres @ 2.46 g/t gold from 69 to 100m |
|---|---|
| 17 metres @ 4.07 g/t gold from 48 to 65m | 18 metres @ 2.11 g/t gold from 50 to 68m |

DUKETON OPERATIONS
The Duketon Gold Project produced 78,471 ounces of gold in the June 2016 quarter, an increase of 4% on the previous quarter's production and the highest quarterly production for the financial year. This excellent result takes annual production to 305,084 ounces which exceeded the upper end of annual production guidance range of 275,000 - 305,000 ounces with all in sustaining cost (AISC) of $927 per ounce for the year.
The pre-royalty cash cost for the quarter of $776 per ounce and the AISC of $951 per ounce were both at the lower end of annual cost guidance for FY2016.
| DuketonNorthernOperations | DuketonSouthernOperations | Total | ||||
|---|---|---|---|---|---|---|
| Q4 | Q3 | Q4 | Q3 | Q4 | Q3 | |
| Ore mined (Mbcm ) | 0.39 | 0.39 | 0.71 | 0.74 | 1.10 | 1.13 |
| Waste mined (Mbcm) | 1.75 | 1.44 | 4.43 | 3.93 | 6.18 | 5.37 |
| Stripping ratio (w:o) | 4.4 | 3.7 | 6.3 | 5.3 | 5.6 | 4.7 |
| Ore mined (Mtonnes) | 0.76 | 0.79 | 1.79 | 1.83 | 2.54 | 2.62 |
| Ore milled (Mtonnes) | 0.75 | 0.73 | 1.79 | 1.84 | 2.53 | 2.57 |
| Head grade (g/t) | 0.94 | 0.83 | 1.12 | 1.09 | 1.07 | 1.02 |
| Recovery (%) | 91.0 | 89.8 | 89.9 | 90.1 | 90.2 | 90.0 |
| Gold production (ounces) | 20,563 | 17,508 | 57,908 | 58,148 | 78,471 | 75,656 |
| Cash cost (A$/oz) | 562 | 653 | 852 | 709 | 776 | 696 |
Operating results for the Regis group for the June 2016 quarter were as follows:
Cash cost inc royalty (A$/oz) 644 715 937 777 860 762 All in Sustaining Cost (A$/oz)1 852 941 986 830 951 856
1 AISC calculated on a per ounce of production basis
Operational statistics have been condensed to report on Duketon Northern Operations (DNO) and Duketon Southern Operations (DSO). This is due to the plan to commence a number of new mining operations at satellite pits at the Duketon project (two in the next six months) in the next several years. DNO will include Moolart Well, Gloster, Dogbolter, Petra and Anchor pits as all processed through the Moolart Well processing plant. DSO will include Garden Well, Rosemont, Erlistoun, Baneygo and the other satellite projects in that region all processed through the Garden Well processing plant (leaching circuit).
DNO produced 20,563 ounces of gold with all in sustaining costs of $852 per ounce, improving on the March 2016 quarter result (Q3: 17,508oz and AISC $941/oz). Gold production at DNO increased 17% from the March 2016 quarter primarily as a result of a 13% higher processed head grade which was reflective of the ore scheduled to be mined during the period and positive reconciliation to the reserve.
Final statutory approvals were received for the Gloster Project with mining scheduled to commence later in the September 2016 quarter and first gold production in the December 2016 quarter as previously reported. During the quarter installation of infrastructure to support the project and haul road construction commenced.

DSO produced 57,908 ounces of gold at an all in sustaining cost of $986 per ounce. Production was consistent with the previous quarter result of 58,148 ounces. All in sustaining costs ($986/oz) were 19% higher than Q3 as significant cutbacks undertaken at both Garden Well (stripping ratio 3.9 v 3.2 in Q3) and Rosemont (stripping ratio 11.8 v 9.6 in Q3) saw the cost of higher mining volumes included in AISC. Mill throughput was 3% lower than Q3 due to the effect of a higher proportion of harder fresh rock being treated at Garden Well. The processed grade for the quarter of 1.12g/t was up 3% on Q3 grade of 1.09g/t as a result of continued strong performance at Rosemont where the mining of scheduled higher grade ore saw the grade rise to 1.70g/t for the quarter (1.50g/t in Q3). Garden Well grade, at 0.84g/t for the quarter was consistent with Q3 grade (0.89g/t).
2017 GUIDANCE
Regis is expecting operations in FY2017 to build on the strong performance of the Duketon project in FY2016 where production of 305,084 ounces at AISC of $927/oz was achieved against guidance of 275 - 305koz at AISC of $970 - 1,070/oz. Gold production for FY2017 is expected to be in the following guidance range:
• Gold production: 300,000 – 330,000 ounces • Cash costs Including royalties: $840 - 910 per ounce
• All in Sustaining Cost $980 – 1,050 per ounce
Forecast 2017 production growth is the result of the positive grade impact from new satellite projects Gloster and Erlistoun and the optimisation to steady state of the open pit operations at Moolart Well, Garden Well and Rosemont.
Growth capital expenditure for 2017 is expected to be in the order of $27 million, largely related to the establishment costs of new operations Gloster and Erlistoun commencing production during the year. Major items included in this capital spend are as follows:
- Gloster pre-production capital $7 million
- Erlistoun pre-production capital $2 million
- Erlistoun pre-production mining $7 million
- Rosemont expansion mine cutback $7 million
CORPORATE
Cash Position
The Duketon project generated strong operating cash flow of $68.2 million in the June 2016 quarter. In June 2016 the Company repaid the $20 million outstanding debt under the Macquarie Bank financing facility. The early repayment of the loan means Regis is debt free, other than normal trade creditors and leasing arrangements. Despite this $20 million repayment and tax payments of $10.2 million, the Company's cash and bullion balance increased by $16.6 million during the quarter.
Over the course of the financial year the Company has paid $50 million in fully franked dividends and repaid $20 million in debt whilst increasing the Company's cash and bullion position by $58.8 million to $123.3 million as at 30 June 2016.

The following waterfall chart highlights the movement in the Company's cash reserves over the financial year.

Cash & Gold on Hand - FY2016 YTD
Gold Sales & Hedging
During the June 2016 quarter, Regis sold 86,539 ounces of gold at an average price of A$1,646 per ounce (Mar 16 qtr: 69,721 ounces at A$1,638 per ounce). The Company added 90,000 ounces of spot deferred contracts to its hedge book at an average price of $1,761 per ounce in the June 2016 quarter. The gold hedging position at the end of the quarter was 433,770 ounces, being 80,000 ounces of flat forward contracts with a delivery price of A$1,454 per ounce and 353,770 ounces of spot deferred contracts with a price of A$1,581 per ounce. In addition the Company had 15,000 ounces of call options with a strike price of $1,775 per ounce outstanding.
Investment in Capricorn Metals Limited
During the quarter the Company invested a further $450,000 in junior explorer Capricorn Metals Limited (Capricorn) via a placement. Capricorn owns the Karlawinda Gold Project in the Pilbara region of Western Australia. Regis' total investment to date is $1.8 million for an 8.8% stake in the company.
Share Buy Back
The Company has not purchased any of its shares under the share buy-back programme announced in the June 2015 quarter.

RESOURCE AND RESERVE UPDATE
Regis announced its annual resources and reserves update during the quarter. Group Ore Reserves increased by 6% from 2.01 million ounces to 2.13 million ounces after accounting for mining depletion of 330,000 ounces. Group Mineral Resources increased by 5% from 7.63 million ounces to 8.01 million ounces after accounting for mining depletion of 330,000 ounces.
The change in the Group Ore Reserve from March 2015 to March 2016 is as follows:
| Total Ore Reserve | ||||
|---|---|---|---|---|
| Tonnes(Mt) | Gold Grade(g/t) | Gold Metal(koz) | ||
| 31 March 2015 | 59.1 | 1.06 | 2,006 | |
| Depleted by Mining to 31/3/16 | -10.6 | 0.96 | -326 | |
| 31 March 2015 Net of Depletion | 48.5 | 1.08 | 1,680 | |
| 31 March 2016 | 60.8 | 1.09 | 2,125 | |
| % Variation net of Depletion | 21% | 22% |
The major contributors to the increase of 445,000 ounces (22%) in Ore Reserves net of depletion were:
- Maiden Ore Reserves of 226,000 ounces at Gloster and 136,000 ounces at Baneygo;
- Addition of 81,000 ounces at Rosemont through extensional drilling and improved optimisations; and
- Addition of 27,000 ounces at Moolart Well through infill drilling.
The Ore Reserves support robust mining schedules and a long mine life at Duketon (Garden Well 7+ years, Rosemont 5+ years, Moolart Well 4+ years). Regis is confident that with the current Ore Reserves and other highly prospective target areas within trucking distance of existing operations, the 10 million tonne per annum processing capacity at Duketon will be fully utilised for many years to come.
Importantly, the Moolart Well mine life has been extended by the nearby Gloster deposit which is currently being developed with a maiden Ore Reserve of 7.0MT at 1.00g/t for 226,000 ounces.
An aggressive exploration programme at the Duketon project continues to be focussed on high potential areas for Mineral Resource expansions with a view to delivering further extensions to the mine life of the current operations. Current targets yielding highly encouraging results include the Tooheys Well deposit south of Garden Well, and extensions to Baneygo (Idaho) and Dogbolter (Coopers).
Group JORC compliant Mineral Resources estimate updated to 261.7 million tonnes at 0.95g/t gold for 8.01 million ounces compared to 249.1 million tonnes at 0.95g/t gold for 7.63 million ounces as at 31 March 2015. This is a 380,000 ounce (5%) increase on the 2015 Resource and a 710,000 ounce (10%) increase on the 2015 Resource depleted for 2016 mining.

EXPLORATION
Duketon Overview
Exploration and resource development drilling programmes continued at the Duketon Gold Project with encouraging results returned from drilling at Tooheys Well, Idaho and Russells Find. In addition, work continued under the terms of the Duketon Gold Exploration Joint Venture with an air core drilling programme commencing at Petra North and infill lag sampling continuing on anomalies generated by last year's lag sampling programme.

Drilling at Duketon during the June 2016 quarter totalled 37,179 metres as shown below:
| Prospect | AC(metres) | DD(metres) | RC(metres) | Total(metres) |
|---|---|---|---|---|
| Chert Ridge | - | - | 789 | 789 |
| Collurabbie | 3,496 | - | - | 3,496 |
| Erlistoun | 493 | - | 572 | 1,065 |
| Gloster | - | - | 3,945 | 3,945 |
| Idaho | - | - | 4,692 | 4,692 |
| Moolart Well | 611 | - | 2,616 | 3,227 |
| Petra North | 7,266 | - | - | 7,266 |
| Russells Find | - | - | 2,872 | 2,872 |
| Tooheys Well | - | 277 | 9,550 | 9,827 |
| Total Metres | 11,866 | 277 | 25,036 | 37,179 |

Significant exploration projects advanced during the quarter at Duketon are outlined below.
Tooheys Well Gold Project
The Tooheys Well gold prospect is located on a granted Mining Lease, 2.5km south of the Garden Well gold mine. Gold mineralisation was previously defined in two north south trending Western and Eastern shear zones 100 metres apart hosted in Banded Iron Formation (BIF), chert and fine grained sediments. RC and diamond drilling in the March 2016 quarter defined high grade gold mineralisation along the Eastern shear zone and this was followed-up with further RC and diamond drilling in the June 2016 quarter.
A programme of 50 RC holes (RRLTWRC095–141, 30, 83) for 9,550 metres and 3 diamond holes (RRLTWRCD048, 66, 92) for 277 metres were drilled in the June 2016 quarter to follow-up gold mineralisation in the Eastern and Western shear zones.
Significant new drilling results received during the quarter include:
| o | 34m @ 1.98g/t Au from 167m in hole | RRLTWRCD021 |
|---|---|---|
| o | 57m @ 2.05g/t Au from 139m | RRLTWRCD064 |
| o | 32m @ 2.02g/t Au from 181m | RRLTWRCD080 |
| o | 23m @ 2.06g/t Au from 210m | RRLTWRCD087 |
| o | 21m @ 2.57g/t Au from 232m | RRLTWRC090 |
| o | 19m @ 2.47g/t Au from 67m | RRLTWRC097 |
| o | 75m @ 2.27g/t Au from 165m | RRLTWRC094 |
| o | 46m @ 1.59g/t Au from 261m | RRLTWRC095 |
| o | 23m @ 3.13g/t Au from 143m | RRLTWRC104 |
| o | 19m @ 2.74g/t Au from 116m | RRLTWRC110* |
| o | 53m @ 1.72g/t Au from 245m | RRLTWRC111* |
| o | 23m @ 2.40g/t Au from 137m | RRLTWRC113* |
| o | 26m @ 1.29g/t Au from 76m | RRLTWRC123* |
| o | 47m @ 1.18g/t Au from 198m | RRLTWRC129* |
| o | 22m @ 1.69g/t Au from 248m | RRLTWRC129* |
| * Not previously announced |
Recent drilling continues to demonstrate gold mineralisation continuity both along strike and at depth in the Eastern shear zone which is now mineralised over a strike length in excess of 500 metres from 690900mN to 6909500mN based on a nominal 40m x 20m drilling pattern.
The eastern shear zone mineralisation appears to have steep dip of 80-90° to the east. Host rocks are BIF/chert and shale and weathering extends to 80 to 100 metre vertical depth.
Gold mineralisation is associated with pyrrhotite hosted in Banded Iron Formation ("BIF") which appears to be the dominant lithology at Tooheys Well. The pyrrhotite phase is restricted to BIF's, and has replaced magnetite during hydrothermal alteration.
The eastern shear zone is open to the north and south and is also open down dip. TWRC108 was drilled in the southern end of the Western Lode and returned 19m @ 2.47g/t. Au from 67m downhole (see plan below).
Quarterly Report to 30 June 2016


Tooheys Well plan with geology and significant gold intercepts along the western and eastern mineralised shear zones. Earlier drilling results in grey and June 2016 quarter drilling in gold.
Quarterly Report to 30 June 2016


A cross section of 6909340mN showing the eastern gold mineralised shear zone and new significant results in hole RRLTWRC111.

A cross section of 6909380mN showing the eastern gold mineralised shear zone and new significant results in holes RRLTWRC104 and RRLTWRC107.

In the March 2016 quarter, 40 mineralised samples (including oxidised, transition and fresh samples) were collected from Tooheys Well and submitted to an independent laboratory for preliminary metallurgical test work. Preliminary results indicated the majority of the gold is recoverable using standard CIL gold processing techniques. Further metallurgical test work is planned to determine likely consumption rates of lime and cyanide as well as additional recovery test work spanning the known mineralisation.
Exploration Upside Tooheys Well - Garden Well Corridor
The dominant host for mineralisation at Tooheys Well is a pyrrhotite rich BIF that has been subjected to folding and faulting. A review of the regional magnetic signature for the Tooheys Well - Garden Well corridor suggests there is a strong exploration target to the south of known mineralisation in the magnetic highs seen on an aerial magnetic survey conducted over the target area in 2015 (see figure below).
The currently defined Tooheys Well mineralisation is located on the northern flank of a >1km long magnetic high, the southern half of which is under cover and has seen very little drilling deeper than 50 metres below surface. This is similar to the paucity of earlier drilling in the area of currently defined mineralisation at Tooheys Well prior to the recent successful RC and diamond drilling programmes.
RC drilling has commenced in an effort to define the extent of gold mineralisation along strike to the south of current drilling. Further RC drilling is also planned on the Western Shear.
Drill testing along strike from Tooheys Well to the north where the Eastern Shear is interpreted to join with the gold mineralised shear zones at Chert Ridge approximately 2.5 km away returned encouraging intercepts. TWRC118 returned 15m @1.15g/t Au from 69m downhole, 2m @ 2.73g/t. Au from 167m downhole and 25m @ 1.41g/t. Au from 173m downhole.
Chert Ridge is located on the hanging-wall side of the Garden Well Shear. Gold mineralisation at Chert Ridge is hosted in a steeply east dipping shear and fracture zones in chert, shale and BIF which is identical to the mineralisation settings at Tooheys Well.



Idaho Gold Project
The Idaho Gold Prospect is located less than 1km to the north directly along strike of the Baneygo Project. Gold results in the June 2016 quarter reflect successful infill drilling and testing along strike.
An infill RC drill programme commenced early in the June 2016 quarter to reduce drill spacing to 20m x 20m across the resource where required to better constrain strike limited high grade gold intersections, and test the depth extent of gold mineralisation down to 130 metres below surface.
A total of 49 holes were drilled (RRLIHRC117-165) for 4,692 metres on a 40m x 20m grid over a strike distance of 940 metres from 6908636mN to 6909580mN. To date 165 RC holes (RRLIHRC001-165) have been drilled for 15,310 metres at the Idaho gold prospect. Significant results received in the June 2016 quarter include:
| o | in hole27m @ 1.29g/t Au from 95m | RRLIHRC124 |
|---|---|---|
| o | 24m @ 1.22g/t Au from 115m | RRLIHRC130 |
| o | 1m @ 21.0g/t Au from 161m | RRLIHRC130 |
| o | 3m @ 11.13g/t Au from 115m | RRLIHRC131 |
| o | 24m @ 2.69g/t Au from 76m | RRLIHRC135 |
| o | 30m @ 4.31g/t Au from 55m | RRLIHRC141 |
| o | 2m @ 17.66g/t Au from 94m | RRLIHRC141 |
| o | 22m @ 1.49g/t Au from 47m | RRLIHRC146 |
| o | 8m @ 8.30g/t Au from 26m | RRLIHRC154 |
These results were incorporated in the updated Baneygo Resource estimation released in July 2016.
The geology at Idaho is similar to Baneygo and Rosemont with gold hosted in a steeply east dipping 345° trending quartz-dolerite unit intruding in an ultramafic sequence. Gold mineralisation is associated with quartz-carbonate-chlorite-sulphide alteration and is restricted to the quartz-dolerite unit which is generally approximately 80m wide. The weathering depth at Idaho is approximately 50- 60m vertical depth.
Russell's Find Gold Project
The Russell's Find deposit is located 6.5 km south of the Garden Well pit.
Gold mineralisation at Russells Find is contained in steep east dipping quartz-carbonate-biotite veins contained in a package of moderate east dipping carbonated ultramafic with a footwall sequence of chert, BIF and fine grained silicified shale.
A programme of infill RC drilling at Russells Find was completed during the quarter to validate and extend the historic gold resource of 0.4Mt @ 3.86 g/t for 55 koz Au using a 1 g/t cut. Drilling commenced in May 2016 and by the end of the quarter, 25 RC holes RRLRFRC067-090 have been completed for 7,403 metres.
Significant new drilling results received during the quarter include:
| o | 15m @ 2.48g/t Au from 58m | RRLRFRC071 |
|---|---|---|
| o | 17m @ 4.07g/t Au from 48m | RRLRFRC072 |
| o | 18m @ 2.11g/t Au from 50m | RRLRFRC074 |
| o | 31m @ 2.46g/t Au from 69m | RRLRFRC075 |
| o | 2m @ 15.00g/t Au from 105m | RRLRFRC076 |
| o | 8m @ 4.09g/t Au from 116m | RRLRFRC078 |
| o | 3m @ 9.08g/t Au from 79m | RRLRFRC084 |

The results from the latest drilling programme were used in the updated Mineral Resource estimate released in July 2016 of 2.4Mt @ 1.05 g/t for 81 koz Au using a 0.4 g/t cut.

A cross section of 6905300mN showing the significant result in hole RRLRFRC071.

A cross section of 6905335mN showing significant results in holes RRLRFRC074 and RRLRFRC075.

Gloster Gold Project
The Gloster gold deposit located 26km west of Moolart Well was acquired by Regis in the June 2015 quarter. Gloster was historically mined from 1902-1908 and was extensively drilled from 1984-1996. An updated Resource estimate and maiden Ore Reserve estimate of 226kOz gold was completed at Gloster during the March 2016 quarter.
During the quarter several RC drilling programmes for a total of 67 holes for 3,945 metres were completed. Drilling targeted was waste dump sterilisation, main pit infill and extensional drill programmes to the north and south of known mineralisation.
Gold results received from the extensional drilling programme include:
| in hole | RRLGLRC189 | |
|---|---|---|
| RRLGLRC272 | ||
| RRLGLRC279 | ||
| RRLGLRC283 | ||
| 10m @ 1.63g/t Au from 8m | RRLGLRC301 | |
| 10m @ 3.74g/t Au from 27m7m @ 2.80g/t Au from 37m6m @ 6.97g/t Au from 62m6m @ 2.70g/t Au from 27m |
The results will be interpreted to test the potential for economic gold mineralisation east of the current pit design.
Moolart Well Gold Project
An RC drill programme was planned at the southern end of the Stirling pit at Moolart Well looking for extensions of known mineralisation encountered during mining that may extend outside of current pit designs.
Drilling commenced in April 2016 and by the end of the quarter, 27 RC holes RRLMWRC 1317 -1343 have been completed for 2,616 metres and 9 AC holes RRLMWAC3089 - 3097 have been completed for 611 metres.
The programme returned an intercept of 13m @ 3.33g/t from 89 metres in RRLMWRC1333 (6944175mN) including 3m @ 11.14g/t. The intercept is located underneath the Western cutback of Stirling and is associated with a sheared quartz structure on a mafic/intermediate contact in fresh rock. Follow up drilling is planned.
Collurabie Gold Project
The Collurabbie project is located about 10km north of the Duketon greenstone belt and covers almost the entire Deleta Greenstone delta, interpreted to be a fault offset portion of the Duketon Greenstone Belt. The geology succession comprises intercalated basalt and ultramafics flows overlain by felsic volcaniclastics, with interflow sediments (BIF, black shale and chert) and dolerite sills common within the mafic-ultramafic sequences. The regolith profile is complex and bedrock is deeply weathered with a leached saprolite (pallid zone) commonly extending to 40-70 metres and oxidation to 120 metres deep.
A regional style reconnaissance AC drilling programme was completed to test anomalous Au intercepts from historic drilling and soil anomalies. Drilling commenced in April 2016 and by the end of the quarter, 47 AC holes RRLCRAC2114-2160 have been completed for 3,496 metres.

Gold results received from this drilling programme include:
- o 8m @ 1.43g/t Au from 52m in hole RRLCRAC2122
- o 4m @ 2.07g/t Au from 32m RRLCRAC2130
- o 5m @ 2.76g/t Au from 64m RRLCRAC2145
Further work is planned to review the significance of these results and follow up with further drilling if required.
Duketon Gold Exploration Joint Venture
Lag Sampling (E38/2231, 2666, 2699, 2737)
A total of 9,516 (-6+2mm) first pass lag soil samples were collected in 2015 on the Duketon Mining JV tenements to complete the first pass programme. This reconnaissance lag sampling was completed on a 400m x 100m grid, and lag sampling across mineralised trends was completed on a 200m x 50m grid.
Gold and pathfinder element results have been received for all of the samples collected. Contouring of gold results has been completed. Numerous +75ppb Au gold anomalies of interest have been defined that require further investigation and follow up infill lag sampling/mapping is underway.
Petra North
The Petra North project is located immediately adjacent to Regis' Petra project which has a reported JORC 2012 Resource of 44,000 ounces.
A preliminary air core drill programme was designed to test for extensions of the known mineralisation at Petra into the JV tenement. Drilling commenced in April 2016 and by the end of the quarter, 86 AC holes RRLPTRAC466-551 have been completed for 7,403 metres.
Gold results received from this drilling programme include:
| o | 3m @ 8.78g/t Au from 21m | in hole | RRLPTRAC472 |
|---|---|---|---|
| o | 2m @ 7.00g/t Au from 30m | RRLPTRAC482 | |
| o | 4m @ 2.49g/t Au from 46m | RRLPTRAC482 | |
| o | 4m @ 6.00g/t Au from 56m | RRLPTRAC516 | |
| o | 4m @ 2.66g/t Au from 40m | RRLPTRAC531 |
Infill drilling is planned around these encouraging intercepts.
At Petra and Petra North, the basement rocks are dominated by an uninterrupted sequence of felsic and intermediate composition andesites and dacites. The volcanic rocks have been moderately to strongly metamorphosed into variably chloritised quartz sericite schists with occasional pyrite mineralisation. Weathering extends generally to between 50 and 80 metres and occasionally to in excess of 100 metres depth.
Mineralisation at Petra North appears to consist of supergene enriched gold, interpreted to be the result of complex weathering fronts around the hypogene ore.

COMPETENT PERSON STATEMENT
The information in this report that relates to exploration results is based on and fairly represents information and supporting documentation that has been compiled by Mr Peter Woodman who is a member of the Australian Institute of Mining and Metallurgy. Mr Woodman 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'. Mr Woodman 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.
The information in this report that relates to the Company's Resources and Ore Reserves is extracted from the ASX announcement released on 7 July 2016 entitled "Mineral Resource and Ore Reserve Statement as at 31 March 2016" and for which Competent Person's consents were obtained.
The reports are available to view on the ASX website and on the Company's website at www.regisresources.com.au. The Company confirms it is not aware of any new information or data that materially affects the information included in the original market announcement, and, in the case of estimates of Mineral Resources and Ore Reserves, that all market assumptions and technical assumptions underpinning the estimates in the relevant market announcement continue to apply and have not materially changed.
The Competent Person's 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 accompanying consent.
FORWARD LOOKING STATEMENTS
This ASX announcement may contain forward looking statements that are subject to risk factors associated with gold exploration, mining and production businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially, including but not limited to price fluctuations, actual demand, currency fluctuations, drilling and production results, Reserve estimations, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory changes, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates.
Forward-looking statements, including projections, forecasts and estimates, are provided as a general guide only and should not be relied on as an indication or guarantee of future performance and involve known and unknown risks, uncertainties and other factors, many of which are outside the control of Regis Resources Ltd. Past performance is not necessarily a guide to future performance and no representation or warranty is made as to the likelihood of achievement or reasonableness of any forward looking statements or other forecast.

CORPORATE DIRECTORY
**Regis Resources Ltd (**ACN 009 174 761)
Registered Office
First Floor, 1 Alvan Street Subiaco, WA Australia 6008 Tel +618 9442 2200 Fax +618 9442 2290
Website www.regisresources.com
Email [email protected]
Directors
Mr Mark Clark (Executive Chairman) Mr Paul Thomas (Executive Director) Mr Mark Okeby (Non-Executive Deputy Chairman) Mr Ross Kestel (Non-Executive Director) Mr Glyn Evans (Non-Executive Director) Mr James Mactier (Non-Executive Director)
Company Secretary and CFO
Mr Kim Massey
Share Registry
Computershare Ltd GPO Box D182 Perth WA 6840 Shareholder Enquiries: 1300 557 010 (local) +613 9415 4000 (international)
ASX Listed Securities (as at 30 June 2016)
| Security | Code | No. Quoted |
|---|---|---|
| Ordinary Shares | RRL | 499,854,141 |

APPENDIX 1
JORC Code, 2012 Edition – Table 1 report template
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)
| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Samplingtechniques | Nature and quality of sampling (e.g. cut channels, random chips, orspecificspecialisedindustrystandardmeasurementtoolsappropriate to the minerals under investigation, such as down holegamma sondes, or handheld XRF instruments, etc). Theseexamples should not be taken as limiting the broad meaning ofsampling. | Gloster:The Gloster gold deposit was sampled using Reverse Circulation (RC) drill holeson a nominal 25m east by 25m north initial grid spacing which were drilled angled-60 degrees to 244 degrees azimuth. |
| Collurabie:The Collurabie Prospects were sampled using Air Core (RC) drill holes on anominal 100m east by 400m north initial grid spacing, which were predominantlydrilled angled -60 degrees at varying azimuths. | ||
| Idaho:The Idaho gold deposit was sampled using Reverse Circulation (RC) drill holes ona nominal 20m east by 20m north initial grid spacing angled -60 degrees to 254degrees. | ||
| Petra North:The Petra North Prospect was sampled using Air Core (RC) drill holes with themajority of holes on a nominal 100m east by 160m north initial grid spacing, whichwere drilled angled -60 degrees at 090 azimuth. | ||
| Tooheys Well:The Tooheys Well gold prospect was sampled using Reverse Circulation (RC),drill holes on a nominal 20m east spaced holes on 40m north and 80m north initialgrid spacing, which were drilled angled -60 degrees to 270 degrees. | ||
| Russell's Find:The Russel's Find gold deposit was sampled using Reverse Circulation (RC) drillholes on a nominal 20m east by 20m north initial grid spacing, which were drilledangled -60 degrees to 254 degrees. | ||

| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Moolart Well:The Moolart Wellgold deposit was sampled using Reverse Circulation (RC) drillholes on a nominal 20m east by 20m north initial grid spacing, which were drilledangled -60 degrees to 270degreesazimuth. | ||
| Include reference to measures taken to ensure samplerepresentivity and the appropriate calibration of any measurementtools or systems used. | All Projects:Regis drill hole collar locations were picked up by site-based authorised surveyorsusing Trimble RTK GPS. Downhole surveying was measured by usingeitheraReflex EZ-Shot Downhole Survey Instrumentor North Seeking Gyro based toolwhere magnetic host rock would affect azimuth readings. The surveys werecompleted every 30m down each drill hole. | |
| Core is aligned and measured by tape, comparing back to down hole core blocksconsistent with industry practice. | ||
| Regis drill hole sampling had certified standards and blanks inserted every 25thsample to assess the accuracy and methodology of the external laboratories, andfield duplicates (RC only) were inserted every 20th sample to assess therepeatability and variability of the gold mineralisation. Laboratory duplicates werealso completed approximately every 15th sample to assess the precision of thelaboratory as well as the repeatability and variability of the gold mineralisation.Results of the QAQC sampling were considered acceptable for an Archaean golddeposit. QAQC results are not recorded for historical drilling, although twin holedrilling has demonstrated the accuracy of the historical assay intercepts at bothBaneygo and Gloster. | ||
| Aspects of the determination of mineralisation that are Material tothe Public Report. In cases where 'industry standard' work hasbeen done this would be relatively simple (e.g. 'reverse circulationdrilling was used to obtain 1 m samples from which 3 kg waspulverised to produce a 30 g charge for fire assay'). In other cases,more explanation may be required, such as where there is coarsegold that has inherent sampling problems. Unusual commodities or | Gloster, Idaho, Russell's Find, Collurabie, Petra North, Moolart WellandTooheys Well:For the Regis RC and AC drilling 1m samples were obtained by cone splitter (2.5kg–3.0kg) and were utilised for lithology logging and assaying. The drilling sampleswere dried, crushed and pulverised to get 85% passing 75µm and were all FireAssayed using a 50g charge (SGS, Bureau Veritas, Min Analytical and Aurum). | |
| Tooheys Well diamond:Diamond drilling completed to industrystandard using varying sample lengths (0.3to 1.2m) based on geological intervals, which are then dried, crushed and |

| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| mineralisation types (e.g. submarine nodules) may warrantdisclosure of detailed information. | pulverised to get 85% passing 75µm and were all Fire Assayed using a 50g charge(Bureau Veritas). | |
| Drillingtechniques | Drill type (e.g. core, reverse circulation, open-hole hammer, rotaryair blast, auger, Bangka, sonic, etc) and details (e.g. core diameter,triple or standard tube, depth of diamond tails, face-sampling bit orother type, whether core is oriented and if so, by what method,etc). | Gloster, Idaho, Russell's Find, Collurabie, Petra North, Moolart WellandTooheys Well:RC drilling completed with a 139mm diameter face sampling hammer accounts for100% of the drilling meters in the project area.AC drilling was completed with an89mm diameter AC bladebit. |
| Tooheys Well diamond:Surface diamond drilling carried out by using both NQ3 or HQ32 (triple tube) andNQ2 or HQ2 (standard tube) techniques.Core is routinely orientated by REFLEX ACT III tool. | ||
| Drill samplerecovery | Method of recording and assessing core and chip samplerecoveries and results assessed. | Gloster, Idaho, Russell's Find, Collurabie, Petra North, Moolart WellandTooheys Well:RC and AC recovery was visually assessed, with recovery being excellent exceptin some wet intervals which are recorded on logs. <1% of the overall mineralisedzones have been recorded as wet. |
| Tooheys Well diamond:DD core was measured and compared to the drilled intervals, and recorded as apercentage recovery. | ||
| Measures taken to maximise sample recovery and ensurerepresentative nature of the samples. | Gloster, Idaho, Russell's Find, Collurabie, Petra North, Moolart WellandTooheys Well:RC and AC samples were visually checked for recovery, moisture andcontamination. The drilling contractor utilised a cyclone and splitter to provideuniform sample size, and these were cleaned routinely (cleaned at the end of eachrod and more frequently in wet conditions). A booster was also used in conjunctionwith the RC drill rig to ensure dry samples are achieved. | |
| Tooheys Well diamond:The target zones ranged from oxidised rock near surface where recoveries werelower to highly competent fresh rock, where the DD method provided highrecovery. |

| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Whether a relationship exists between sample recovery and gradeand whether sample bias may have occurred due to preferentialloss/gain of fine/coarse material. | Gloster, Idaho, Russell's Find, Collurabie, Petra North, Moolart WellandTooheys Well:Sample recoveries for RC and AC drilling are visually estimated to be medium tohigh. No significant bias is expected although no recovery and grade correlationstudy was completed. | |
| Tooheys Well diamond:The DD drill sample recovery in the transitional and fresh rock zones is very high,and no significant bias is expected. Recoveries in the oxidised rock were lower. | ||
| Logging | Whether core and chip samples have been geologically andgeotechnically logged to a level of detail to support appropriateMineral Resource estimation, mining studiesand metallurgicalstudies. | Gloster, Idaho, Russell's Find, Collurabie, Petra North, Moolart WellandTooheys Well:Lithology, alteration, veining, mineralisation and, on some holes, magneticsusceptibility were logged from the RC chips and saved in the database. Chipsfrom every interval are also placed in chip trays and stored in a designated buildingat site for future reference. |
| Tooheys Well diamond:Lithology, alteration, veining, mineralisation and geotechnical information werelogged from theDD core and saved in the database. Half core from every intervalare also retained in the core trays and stored in a designated building at site forfuture reference. | ||
| Whether logging is qualitative or quantitative in nature. Core (orcostean, channel, etc) photography. | All logging is qualitative except for magnetic susceptibility and geotechnicalmeasurements. Wet and dry photographs were completed on the core. | |
| The total length and percentage of the relevant intersectionslogged. | All drill holes are logged in full. | |
| Subsamplingtechniques | If core, whether cut or sawn and whether quarter, half or all coretaken. | Tooheys Well diamond:Core was half cut with a diamond core saw with the same half always sampledand the surplus retained in the core trays. Non-competent clay zones are sampledas whole core where necessary due to difficulty in cutting. |

| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| and samplepreparation | If non-core, whether riffled, tube sampled, rotary split, etc andwhether sampled wet or dry. | The RCand ACdrilling utilised a cyclone and cone splitter to consistently produce0.5kg to 3.0kg dry samples. |
| For all sample types, the nature, quality and appropriateness of thesample preparation technique. | Samples are dried, crushed to 10mm, and then pulverised to 85% passing 75µm(industry standard practice is assumed for the historical drilling).This isconsidered acceptable for an Archaean gold deposit. | |
| Quality control proceduresadopted for all sub-sampling stages tomaximise representivity of samples. | Field duplicates (RC, AC) were inserted every 20th sample to assess therepeatability and variability of the gold mineralisation. Laboratory duplicates werealso completed roughlyevery 15th sample to assess the repeatability andvariability of the gold mineralisation. | |
| Measures taken to ensure that the sampling is representative of thein situ material collected, including for instance results for fieldduplicate/second-half sampling. | Field RC duplicates (RC, AC) were taken at the rig from a second chute on thecone splitter allowing for the duplicate and main sample to be the same size andsampling technique. Field duplicates are taken every 20th sample. Laboratoryduplicates(sample preparation split) were also completed roughly every 15thsample. | |
| Field duplicates on core, i.e. other half of cut core, have not been routinelyassayed. | ||
| Whether sample sizes are appropriate to the grain size of thematerial being sampled. | Sample sizes (0.5kg to 3kg) are considered to be a sufficient size to accuratelyrepresent the gold mineralisation based on the mineralisation style (hypogene)associated with shearing and supergene enrichment), the width and continuity ofthe intersections, the sampling methodology, the coarse gold variability and theassay ranges for the gold. | |
| Field duplicates have routinely been collected to ensure monitoring of the subsampling quality.Acceptable precision and accuracy is noted in the fieldduplicatesalbeit the precision is marginally acceptable and consistent with acoarse gold Archaean gold deposit. |

| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Quality ofassay dataandlaboratorytests | The nature, quality and appropriateness of the assaying andlaboratory procedures used and whether the technique isconsidered partial or total. | Gloster, Idaho, Russell's Find, Collurabie, Petra North, Moolart WellandTooheys Well:All gold assaying was completed by external commercial laboratories (SGS,Bureau Veritas, Min Analytical and Aurum) using either a 40g or 50g charge forfire assay analysis with AAS finish. This technique is industry standard for goldand considered appropriate. |
| Tooheys Well diamond:All gold assaying will be completed by commercial laboratories (Bureau Veritas)using either a 40g or 50g charge for fire assay analysis with AAS finish. Thistechnique is industry standard for gold and considered appropriate. | ||
| For geophysical tools, spectrometers, handheld XRF instruments,etc, the parameters used in determining the analysis includinginstrument make and model, reading times, calibrations factorsapplied and their derivation, etc. | Gloster, Idaho, Russell's Find, Collurabie, Petra North and Tooheys Well:Apart from magnetic susceptibility in targeted zones, no other geophysicalmeasurements were routinely made. | |
| Nature of quality control procedures adopted (e.g. standards,blanks, duplicates, external laboratory checks) and whetheracceptable levels of accuracy (ie lack of bias) and precision havebeen established. | Certified Reference Material (CRM or standards) and blanks were inserted every25th sample to assess the assaying accuracy of the external laboratories. Fieldduplicates (RC, AC) were inserted every 20th sample to assess the repeatabilityfrom the field and variability of the gold mineralisation. Laboratory duplicates werealso completed approximately every 15th sample to assess theprecision ofassaying. | |
| Evaluation of both the Regis submitted standards, and the internal laboratoryquality control data, indicates assaying to be accurate and without significant driftfor significant time periods. Excluding obvious errors, the vast majority of the CRMassaying report shows an overall mean bias of less than 5% with no consistentpositive or negative bias noted. Duplicate assaying show high levels of correlationand no apparent bias between the duplicate pairs. Field duplicate samplesshowmarginally acceptable levels of correlation and no relative bias. | ||
| Results of the QAQC sampling were considered acceptable for an Archaean golddeposit. Substantial focus has been given to ensuring sampling procedures metindustry best practise to ensure acceptable levels of accuracy and precision wereachieved in a coarse gold environment. |

| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Verificationof samplingandassaying | The verification of significant intersections by either independent oralternative company personnel. | No independent personnel have visually inspected the significant intersections inRC chips. Numerous highly qualified and experienced company personnel fromexploration and production positions have visually inspected the significantintersections in RC chips. |
| The use of twinned holes. | Coopers, Idaho, Collurabie andPetra North:No twinning of holes was completed at this stage. | |
| Gloster, Tooheys Well, Moolart Well and Russells Find:The spatial location and assaying accuracy of historical drilling was confirmed withRC and DD twin holes. The Regis RC drilling spatial location and assayingaccuracy was also twinned by Regis DDholes. | ||
| Documentation of primary data, data entry procedures, dataverification, data storage (physical and electronic) protocols. | All geological and field data is entered into excel spreadsheets with lookup tablesand fixed formatting (and protected from modification) thus only allowing data tobe entered using the Regis geological code system and sample protocol. Data isthen emailed to the Regis database administrator for validation and importationinto a SQL database using Datashed. | |
| Discuss any adjustment to assay data. | Any samples not assayed (i.e. destroyed in processing, listed not received) havehad the assay value converted to a -9 in the database. Any samples assayedbelow detection limit (0.01 ppm Au) have been converted to 0.005 ppm (halfdetection limit) in the database. | |
| Location ofdata points | Accuracy and quality of surveys used to locate drill holes (collar anddown-hole surveys), trenches, mine workings and other locationsused in Mineral Resource estimation. | Regis drill hole collar locations were picked up by site-based authorized surveyorsusing Trimble RTK GPS, calibrated to a base station (expected accuracy of20mm). |
| Downhole surveying was measured by using either a Reflex EZ-Shot DownholeSurvey Instrument or North Seeking Gyro based tool where magnetic host rockwould affect azimuth readings | ||
| The surveys were completed every 30m down each drill hole. | ||
| Specification of the grid system used. | The grid system is and AMG Zone 51 (AGD 84) for surveying pickups, as well asany modelling at Coopers, Gloster and Tooheys Well. Modelling at Baneygo and |

| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Idaho is completed using a local grid, with conversion of digital data from AMG tolocal completed using macros. | ||
| Quality and adequacy of topographic control. | The topographic surface for all projects were derived from a combination of theprimary drill hole pickups and the pre-existing photogrammetric contouring. | |
| Dataspacing anddistribution | Data spacing for reporting of Exploration Results. | Gloster:The drilling completed this period reduced the effective spacing to 25 metres (east)by 25 metres (north) to a depth of 100 metres from surface. |
| Idaho: | ||
| The drilling completed this period reduced the effective spacing to 20 metres (east)by 20 metres (north) to a depth of 130 metres from surface. | ||
| Collurabie and Petra North:The initial reconnaissance AC drill hole spacing was ranged from 160-400m(northing) by 100m (easting). The drilling depth was generally to blade refusal i.e.top of fresh rock. | ||
| Tooheys Well:The drilling completed this period reduced the effective spacing to 20 metres (east)by 40 metres (north) to a depth of 250 metres from surface. | ||
| Russell's Findand Moolart Well:Nominal spacing is 25m by 25m E. | ||
| Whether the data spacing and distribution is sufficient to establishthe degree of geological and grade continuity appropriate for theMineral Resource and Ore Reserve estimation procedure(s) andclassifications applied. | Gloster, Idaho, Russell's Find, Collurabie, Moolart WellandTooheys Well:The data spacing and distribution is sufficient to demonstrate spatial and gradecontinuity of the mineralised domains to support the definition of Inferred andIndicated Mineral Resources under the 2012 JORC codeonce all other modifyingfactors have been addressed. | |
| Petra North: | ||
| The data spacing and distribution is sufficient to for a reconnaissance explorationdrilling designed to test for extensions to know mineralisation to the south |

| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Whether sample compositing has been applied. | Gloster, Idaho, Russell's Find, Moolart Welland Tooheys Well:No sample compositing has been applied in the field within the mineralised zones. | |
| Collurabie, Petra North: 4m compositingwas used in the wider spaced drillprogrammes. | ||
| Orientationof data inrelation togeologicalstructure | Whether the orientation of sampling achieves unbiased sampling ofpossible structures and the extent to which this is known,considering the deposit type. | Drilling is orientated to best suit the mineralisation to be closely perpendicular toboth the strike and dip of the mineralisation. Intercepts are close to true-width inmost cases. See cross section diagrams |
| If the relationship between the drilling orientation and the orientationof key mineralised structures is considered to have introduced asampling bias, this should be assessed and reported if material. | It is not believed that drilling orientation has introduced a sampling bias. | |
| Samplesecurity | The measures taken to ensure sample security. | Samples are securely sealed and stored onsite, until delivery to Perth via contractfreight Transport, who then deliver the samples directly to the laboratory. Samplesubmission forms are sent with the samples as well as emailed to the laboratory,and are used to keep track of the sample batches. |
| Audits orreviews | The results of any audits or reviews of sampling techniques anddata. | Gloster, Idaho, Russell's Find, Collurabie, Petra North and Tooheys WellNo audits on sampling techniques and data have been completed. |

Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| MineralType, reference name/number, location and ownership includingtenement andagreements or material issues with third parties such as jointland tenureventures, partnerships, overriding royalties, native title interests, | Gloster:The Gloster deposit is located on the recently granted tenement M38/1268, anarea of 905.29ha. | |
| status | historical sites, wilderness or national park and environmentalsettings. | Normal Western Australian state royalties apply and a further royalty of betweenA$10-$100/troy ounce dependant on the gold price (A$) is payable on a quarterlybasis to a third party. |
| The security of the tenure held at the time of reporting along with | ||
| any known impediments to obtaining a licence to operate in thearea. | Current registered holder of the tenement is Regis Resources Limited.There areno registered Native Title Claims. | |
| Moolart Well:The Moolart Welldeposit is located on the granted tenements M38/498-500, anarea of 2267ha.Normal Western Australian state royalties apply.Current registered holder of the tenement isDuketon Resources Pty Ltd (80%)and Regis Resources Limited (20%).There are no registered Native Title Claims. | ||
| Idaho: The Idaho deposit is within the same tenement as Baneygo(M38/344).Normal Western Australian state royalties apply and a further 2% NSRroyalty exists to a third party. | ||
| Current registered holders of the tenements are Regis Resources Ltd and DuketonResources Pty Ltd (20% owned by Regis, 80% Duketon Resources). There areno registered Native Title Claims. | ||
| Collurabie: | ||
| The Collurabie project comprises the following tenements. | ||
| E38/1939 –20 blocks (actual 6,025.1054ha).Falcon Minerals Limited (20%),Duketon Resources Pty Ltd (80%).Native Title claimant –Wutha (WC1999/010) | ||
| E38/2871 –39 blocks (actual 11,903.6296ha). Regis Resources Ltd(100%).Native title claimant –Wutha (WC1999/010) |

| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| E38/2779 –15 Blocks (actual 4,451.5122ha). Regis Resources Ltd (90%), BruceLegendre (5%), Bernfried Wasse (5%). No native title claimants. | ||
| Historical drilling done by BHP, Newcrest Mining Ltd (1989-1991), MIM ExplorationPty Ltd (1992-1998), Johnsons Well Mining NL, Newmont Australia P/L (2003-2004 | ||
| Normal Western Australian state royalties apply | ||
| Petra North: | ||
| ThePetraNorthprospectisE38/2737–57blocks(actual13,068.1127ha).Duketon Mining Ltd.Native title claimant–Wutha (WC1999/010)–partial 62.47ha. | ||
| Russell's Find:The Russells Find prospect comprises M38/114, an area of 1.8355km2 (183.55ha)and M38/630, an area of 4.8585ha. | ||
| Current registered holders of both tenements is Regis Resources Ltd (20%) andDuketon Resources Pty Ltd (80%).There are no registered Native Title Claims. | ||
| Normal Western Australian state royalties apply and a further 2% NSR royaltyexists to a third party. | ||
| Tooheys Well: | ||
| The Tooheys Well prospect comprises M38/1251, an area of 9.109 km2 (910.90hectares). | ||
| Normal Western Australian state royalties apply and a further 2% NSR royaltyexists to a third party. | ||
| Current registered holders of the tenements are Regis Resources Ltd and DuketonResources Pty Ltd (20% owned by Regis, 80% Duketon Resources). There areno registered Native Title Claims. |

| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Explorationdone by otherparties | Acknowledgment and appraisal of exploration by other parties. | Gloster:Gloster was discovered in 1902, with no modern exploration work completed untilHillmin Gold Mines Pty Ltd and Aurotech NL conducted mapping, RC drilling, DDand RAB in the mid 1980's, culminating in Resource Estimates and feasibilitystudies. Leader Resources NL conducted some RC and DD drilling in 1991 beforeMaiden Gold NL purchase the project in 1994, completing more RC, DD and RABdrilling. In 1995 Johnsons Well Mining acquired the tenements and completedmore RC, DD and RAB drilling to infill and extend the Resource. |
| Russells Find:Shallow drilling (less than 100m vertical depth) completed by Aurora, Ashton andJohnsons Well Mining. Mining activity was completed by Ashton in the 1990's. | ||
| Petra North: Shallow drilling (less than 100m vertical depth) completed byGoldconda 1986 –1988, Johnsons Well Mining NL 1995 –1997. | ||
| Idaho:Shallow drilling (less than 100m vertical depth) completed by Aurora, Ashton andJohnsons Well Mining in the 1990's. | ||
| Collurabie:Shallowdrilling(lessthan100mverticaldepth)completedbyBHP/MIM/Newmont?? in the 1990's. | ||
| Tooheys Well:Minor amounts of drilling by Ashton and Johnsons Well Mining was completedalthough it was mainly shallow and not extensive enough to properly define themineralisation. | ||
| Geology | Deposit type, geological setting and style of mineralisation. | Gloster:Gold mineralisation at Gloster is within a NW-SE trending, east dipping shear zoneand associated with flat to moderately east dipping quartz veins hosted in felsicvolcanics. A 5m transported cover sequence conceals the gold mineralisation andweatheringextends up to 100m depth. Intensive gold leaching has occurred in theuppermost 15m of the weathering profile. |

| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Idaho:The geology is similar to Rosemont with gold hosted in a steeply east dipping 345°trending quartz-dolerite unit intruding an ultramafic sequence. Gold mineralisationis associated with quartz-carbonate-chlorite-sulphide alteration and is restricted tothe quartz dolerite unit which is generally approximately 80m wide. Weatheringdepths vary from 20m to 50m vertical depth. | ||
| Moolart Well:Gold mineralisation at Moolart Wellis contained in laterite and highly weatheredoxide zone extending from 20m to 70m vertical depth. Oxide mineralisationconsists of numerous primary moderate to steep 60° east dipping gold bearingstructures preserved in the clay rich residual profile and sub-horizontal supergenegold developed in the lower part of the profile. Host rocks for the oxide zone are asequence of moderate to steep east dipping archaean mafic rocks, including basaltand dolerite sills, and ultramafic flow sequence, intruded by late stage high leveldiorite and quartz-diorite sills and dykes. | ||
| Russells Find:Gold mineralisation at Russell's Find is contained in steep east dipping quartzcarbonate-biotite veins contained in a package of moderateeast dippingcarbonated ultramafic with a footwall sequence of chert, BIF and fine grainedsilicified shale. | ||
| Collurabie:Gold mineralisation targets at Collurabie are typical Archean style and vary fromdolerite hosted quartz vein hosted to mafic/sediment/granite contact targets | ||
| Petra North:Gold mineralisation at Petra North Mineralisation at Petra North appears to consistof supergene enriched gold, interpreted to be the result of complex weatheringfronts around the hypogene ore.Tooheys Well:The gold mineralisation is hosted in a vertical dipping North-South trendingBanded Iron Formation (BIF). Gold mineralisation is associated with sulphides(Pyrrhotite) replacing magnetite in the BIF. Weathering depths vary from 20m to70m vertical depth. |

| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Drill holeInformation | A summary of all information material to the understanding of theexploration results including a tabulation of the following informationfor all Material drill holes: | Refer to body of announcement. |
| easting and northing of the drill hole collar | ||
| elevation or RL (Reduced Level –elevation above sea level inmetres) of the drill hole collar | ||
| dip and azimuth of the hole | ||
| down hole length and interception depth | ||
| hole length. | ||
| If the exclusion of this information is justified on the basis that theinformation is not Material and this exclusion does not detract fromthe understanding of the report, the Competent Person shouldclearly explain why this is the case. | ||
| Dataaggregationmethods | In reporting Exploration Results, weighting averaging techniques,maximum and/or minimum grade truncations (e.g. cutting of highgrades) and cut-off grades are usually Material and should bestated. | Reported intercepts include a minimum of 0.5 g/t Au value over a minimumdistance of 1m with a maximum 2m consecutive internal waste. No upper cutshave been applied. |
| Where aggregate intercepts incorporate short lengths of high graderesults and longer lengths of low grade results, theprocedure usedfor such aggregation should be stated and some typical examplesof such aggregations should be shown in detail. | ||
| The assumptions used for any reporting of metal equivalent valuesshould be clearly stated. | ||
| Relationshipbetweenmineralization | These relationships are particularly important in thereporting ofExploration Results. | Gloster: |

| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| widths andintercept | If the geometry of the mineralisation with respect to the drill holeangle is known, its nature should be reported. | The Gloster drill holes were drilled at -60º to 244° and the mineralised zone ismoderately dipping to the northeast. The intercepts reported are close to truewidth. |
| lengths | If it is not known and only the down hole lengths are reported, thereshould be a clear statement to thiseffect (e.g. 'down hole length,true width not known'). | Idaho:The Idaho drill holes were drilled at -60º to 254° and the mineralised zone is subvertical. The intercepts reported are close to true width in some cases, and arenot true width where the mineralisation is steepest. |
| Collurabie:The Collurabie drill holes were predominantly drilled angled -60 degrees at varyingazimuths as usual for a reconnaissance programmeover various prospects | ||
| Tooheys Well:The Tooheys Well drill holes were drilled at -60º to 270° and the mineralised zoneis moderately east dipping. The intercepts reported are close to true width. | ||
| Petra North:The holes at which were drilled angled -60 degrees at 090 azimuths. Theintercepts reported are close to true width. | ||
| Russell's Find:The holes at Russell's Find were drilled at -60º to 254° and the mineralised zoneis moderately to steeply east dipping. The intercepts reported are close to truewidth. | ||
| Moolart Well:The holes at Moolart Wellwere drilled at -60º to 270° and the mineralised zone ismoderately to steeply east dipping. The intercepts reported are close to true width. | ||
| Diagrams | Appropriate maps and sections (with scales) and tabulations ofintercepts should be included for any significant discovery beingreported These should include, but not be limited to a plan view ofdrill hole collar locations and appropriate sectional views. | Refer to the body of the announcement. |

| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Balancedreporting | Where comprehensive reporting of all Exploration Results is notpracticable, representative reporting of both low and high gradesand/or widths should be practiced to avoid misleading reporting ofExploration Results. | A list of all holes drilled during the quarter attached. |
| Othersubstantiveexploration | Other exploration data, if meaningful and material, should bereported including (but not limited to): geological observations;geophysical survey results; geochemical survey results; bulk | Idaho, Russells Find, Collurabie, Petra North, Moolart Welland TooheysWell:No other material exploration data to report. |
| data | samples –size and method of treatment; metallurgical test results; | Gloster: |
| bulk density, groundwater, geotechnical and rock characteristics;potential deleterious or contaminating substances. | The Gloster diamond holes were also utilised for bulk density measurements.Geotechnicallogging is in progress for determining ground conditions for open pitmining. | |
| Further work | The nature and scale of planned further work (e.g. tests for lateralextensions or depth extensions or large-scale step-out drilling). | Gloster:It is expected someminor follow-up drilling will be required at Gloster in theSeptember 2016 quarter. |
| Idaho:A maiden Resource estimate is will be estimated in the September quarter. | ||
| Collurabie:A review of last quarters drill programmes will be completed later this year. | ||
| Tooheys Well:Drilling will continue in the September 2016 quarter to determine the continuity ofgold mineralisation in the eastern shear zone to the south and north. | ||
| Petra North:Small follow up drill programmes are planned to follow up anomalous results | ||
| Russell's Find:A maiden Resource estimate is will be estimated in the September quarter. |

| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Diagrams clearly highlighting the areas of possible extensions,including the main geological interpretations and future drillingareas, provided this information is not commercially sensitive. | See diagrams in main text |

APPENDIX 2
| Collurabbie Collar Location | Intersection >1.0 ppm Au and >1g/t Au*m | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Hole ID | X | Y | Z | TotalDepth(m) | From (m) | To (m) | Interval (m) | Au(ppm) | |
| RRLCRAC2119 | 422607 | 7012398 | 500 | 88 | 84 | 88 | 4 | 1.11 | |
| RRLCRAC2120 | 422477 | 7012404 | 500 | 86 | 64 | 68 | 4 | 1.61 | |
| RRLCRAC2122 | 422480 | 7012873 | 500 | 87 | 52 | 60 | 8 | 1.43 | |
| RRLCRAC2122 | 422480 | 7012873 | 500 | 87 | 84 | 86 | 2 | 1.38 | |
| RRLCRAC2123 | 422355 | 7012873 | 500 | 79 | 60 | 64 | 4 | 1.35 | |
| RRLCRAC2127 | 421569 | 7006720 | 540 | 82 | 32 | 36 | 4 | 1.88 | |
| RRLCRAC2130 | 421320 | 7006603 | 540 | 80 | 32 | 36 | 4 | 2.07 | |
| RRLCRAC2143 | 421587 | 7008622 | 545 | 52 | 48 | 52 | 4 | 1.44 | |
| RRLCRAC2145 | 421563 | 7008618 | 539 | 69 | 64 | 69 | 5 | 2.76 | |
| RRLCRAC2151 | 429611 | 7018338 | 520 | 76 | 24 | 28 | 4 | 1.02 | |
| Gloster Collar Location | Intersection >1.0 ppm Au and >1g/t Au*m | ||||||||
| Total | Au | ||||||||
| Hole ID | X | Y | Z | Depth(m) | From (m) | To (m) | Interval (m) | (ppm) | |
| RRLGLRC189 | 408650 | 6950950 | 554 | 81 | 14 | 15 | 1 | 3.66 | |
| 18 | 19 | 1 | 1.98 | ||||||
| 27 | 37 | 10 | 3.74 | ||||||
| 45 | 46 | 1 | 1.23 | ||||||
| RRLGLRC190 | 408673 | 6950960 | 555 | 99 | 28 | 29 | 1 | 10.30 | |
| 33 | 34 | 1 | 1.15 | ||||||
| 80 | 81 | 1 | 2.62 |


| RRLGLRC191 | 408696 | 6950972 | 555 | 111 | 11 | 13 | 2 | 5.08 |
|---|---|---|---|---|---|---|---|---|
| 20 | 21 | 1 | 1.25 | |||||
| 27 | 29 | 2 | 1.45 | |||||
| 33 | 36 | 3 | 1.94 | |||||
| 103 | 104 | 1 | 4.64 | |||||
| RRLGLRC192 | 408718 | 6950982 | 555 | 111 | 8 | 9 | 1 | 1.71 |
| 71 | 73 | 2 | 4.27 | |||||
| 86 | 87 | 1 | 1.18 | |||||
| RRLGLRC197 | 408675 | 6951018 | 555 | 117 | 35 | 37 | 2 | 1.71 |
| 91 | 92 | 1 | 2.44 | |||||
| RRLGLRC198 | 408558 | 6950968 | 553 | 63 | 18 | 20 | 2 | 7.68 |
| 27 | 28 | 1 | 1.40 | |||||
| RRLGLRC199 | 408581 | 6950920 | 553 | 39 | 29 | 30 | 1 | 1.42 |
| RRLGLRC231 | 408571 | 6950947 | 553 | 69 | 0 | 1 | 1 | 64.80 |
| RRLGLRC232 | 408663 | 6950986 | 555 | 69 | 29 | 30 | 1 | 1.22 |
| 33 | 34 | 1 | 1.20 | |||||
| 35 | 36 | 1 | 1.12 | |||||
| RRLGLRC233 | 408699 | 6951001 | 555 | 93 | 32 | 33 | 1 | 2.26 |
| 90 | 91 | 1 | 23.80 | |||||
| RRLGLRC234 | 408728 | 6951013 | 555 | 105 | 56 | 57 | 1 | 1.10 |
| 64 | 66 | 2 | 1.76 | |||||
| 77 | 78 | 1 | 1.40 | |||||
| RRLGLRC236 | 408646 | 6950893 | 554 | 57 | 24 | 25 | 1 | 2.89 |
| RRLGLRC238 | 408696 | 6950914 | 554 | 99 | 5 | 6 | 1 | 2.94 |
| 12 | 13 | 1 | 1.64 | |||||
| 18 | 20 | 2 | 1.46 |


| RRLGLRC253 | 408599 | 6949916 | 548 | 54 | 25 | 26 | 1 | 3.41 |
|---|---|---|---|---|---|---|---|---|
| RRLGLRC254 | 408632 | 6949931 | 547 | 84 | 40 | 41 | 1 | 1.31 |
| 69 | 70 | 1 | 8.72 | |||||
| RRLGLRC255 | 408755 | 6949987 | 548 | 78 | 33 | 34 | 1 | 1.32 |
| 44 | 45 | 1 | 2.64 | |||||
| RRLGLRC256 | 408577 | 6949963 | 548 | 48 | 15 | 16 | 1 | 1.33 |
| 28 | 29 | 1 | 1.82 | |||||
| RRLGLRC257 | 408610 | 6949978 | 548 | 78 | 57 | 58 | 1 | 1.65 |
| 61 | 62 | 1 | 12.40 | |||||
| RRLGLRC262 | 408930 | 6950171 | 550 | 54 | 30 | 31 | 1 | 1.28 |
| RRLGLRC263 | 408954 | 6950184 | 550 | 66 | 30 | 32 | 2 | 1.55 |
| 54 | 57 | 3 | 3.08 | |||||
| RRLGLRC264 | 408903 | 6950185 | 550 | 48 | 19 | 20 | 1 | 1.13 |
| 39 | 41 | 2 | 1.50 | |||||
| RRLGLRC266 | 408951 | 6950206 | 550 | 66 | 31 | 34 | 3 | 1.43 |
| 37 | 38 | 1 | 2.07 | |||||
| 52 | 58 | 6 | 3.26 | |||||
| RRLGLRC267 | 408998 | 6950230 | 549 | 114 | 57 | 58 | 1 | 1.13 |
| 73 | 74 | 1 | 1.30 | |||||
| 81 | 84 | 3 | 1.11 | |||||
| RRLGLRC268 | 408888 | 6950211 | 550 | 48 | 37 | 40 | 3 | 1.83 |
| RRLGLRC269 | 408944 | 6950236 | 550 | 63 | 33 | 36 | 3 | 1.67 |
| RRLGLRC270 | 408968 | 6950246 | 549 | 96 | 36 | 37 | 1 | 3.16 |
| 41 | 42 | 1 | 1.26 | |||||
| 45 | 46 | 1 | 1.05 | |||||
| 53 | 54 | 1 | 5.60 |


| 93 | 94 | 1 | 2.34 | |||||
|---|---|---|---|---|---|---|---|---|
| RRLGLRC271 | 408898 | 6950238 | 550 | 54 | 14 | 16 | 2 | 1.65 |
| 28 | 29 | 1 | 1.38 | |||||
| 48 | 49 | 1 | 1.34 | |||||
| RRLGLRC272 | 408885 | 6950264 | 550 | 54 | 16 | 17 | 1 | 3.10 |
| 30 | 37 | 7 | 2.80 | |||||
| 42 | 43 | 1 | 3.02 | |||||
| 48 | 49 | 1 | 2.19 | |||||
| RRLGLRC273 | 408659 | 6950248 | 550 | 30 | 13 | 17 | 4 | 1.15 |
| RRLGLRC274 | 408681 | 6950258 | 550 | 42 | 22 | 24 | 2 | 3.13 |
| 28 | 29 | 1 | 1.02 | |||||
| 34 | 36 | 2 | 2.17 | |||||
| RRLGLRC275 | 408703 | 6950268 | 550 | 60 | 33 | 34 | 1 | 1.70 |
| 56 | 57 | 1 | 1.10 | |||||
| RRLGLRC277 | 408624 | 6950289 | 550 | 36 | 17 | 18 | 1 | 1.03 |
| 31 | 33 | 2 | 2.23 | |||||
| RRLGLRC278 | 408686 | 6950393 | 551 | 114 | 64 | 66 | 2 | 3.43 |
| 73 | 74 | 1 | 3.07 | |||||
| 77 | 84 | 7 | 1.42 | |||||
| 88 | 89 | 1 | 1.10 | |||||
| 99 | 101 | 2 | 3.71 | |||||
| RRLGLRC279 | 408714 | 6950406 | 551 | 114 | 13 | 14 | 1 | 2.45 |
| 20 | 21 | 1 | 1.23 | |||||
| 62 | 68 | 6 | 6.97 | |||||
| 88 | 89 | 1 | 1.14 | |||||
| 103 | 104 | 1 | 1.56 |

| 113 | 114 | 1 | 2.14 | |||||
|---|---|---|---|---|---|---|---|---|
| RRLGLRC280 | 408790 | 6950440 | 551 | 120 | 75 | 77 | 2 | 1.48 |
| 82 | 83 | 1 | 2.59 | |||||
| 91 | 93 | 2 | 1.34 | |||||
| 118 | 119 | 1 | 1.18 | |||||
| RRLGLRC281 | 408773 | 6950655 | 553 | 84 | 54 | 56 | 2 | 3.43 |
| RRLGLRC282 | 408746 | 6950667 | 553 | 84 | 0 | 1 | 1 | 1.25 |
| 44 | 48 | 4 | 2.04 | |||||
| 83 | 84 | 1 | 8.56 | |||||
| RRLGLRC283 | 408709 | 6950842 | 554 | 54 | 27 | 33 | 6 | 2.70 |
| 48 | 49 | 1 | 1.07 | |||||
| RRLGLRC284 | 408744 | 6950858 | 554 | 54 | 27 | 30 | 3 | 1.80 |
| RRLGLRC285 | 408645 | 6950840 | 554 | 36 | 33 | 35 | 2 | 1.31 |
| RRLGLRC287 | 408681 | 6950856 | 554 | 54 | 24 | 25 | 1 | 1.26 |
| 27 | 28 | 1 | 1.99 | |||||
| RRLGLRC288 | 408700 | 6950864 | 554 | 60 | 28 | 31 | 3 | 7.07 |
| 43 | 44 | 1 | 1.49 | |||||
| 47 | 48 | 1 | 1.33 | |||||
| RRLGLRC289 | 408718 | 6950872 | 554 | 54 | 46 | 47 | 1 | 1.79 |
| RRLGLRC290 | 408734 | 6950880 | 555 | 54 | 25 | 27 | 2 | 3.33 |
| 30 | 36 | 6 | 1.68 | |||||
| RRLGLRC291 | 408752 | 6950887 | 555 | 60 | 28 | 29 | 1 | 1.13 |
| 50 | 54 | 4 | 1.09 | |||||
| RRLGLRC292 | 408739 | 6950934 | 555 | 54 | 16 | 17 | 1 | 2.58 |
| 24 | 26 | 2 | 1.69 | |||||
| RRLGLRC293 | 408736 | 6950963 | 555 | 60 | 52 | 54 | 2 | 3.32 |

| 57 | 58 | 1 | 1.04 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| RRLGLRC295 | 408556 | 6950942 | 553 | 30 | 13 | 14 | 1 | 1.02 | ||
| RRLGLRC296 | 408583 | 6950954 | 554 | 60 | 15 | 16 | 1 | 1.65 | ||
| 25 | 26 | 1 | 2.51 | |||||||
| 32 | 33 | 1 | 1.77 | |||||||
| 39 | 40 | 1 | 1.14 | |||||||
| 56 | 57 | 1 | 1.23 | |||||||
| RRLGLRC297 | 408521 | 6950954 | 553 | 36 | 30 | 31 | 1 | 1.95 | ||
| RRLGLRC298 | 408543 | 6950964 | 553 | 36 | 17 | 18 | 1 | 5.04 | ||
| RRLGLRC300 | 408515 | 6951004 | 553 | 42 | 34 | 35 | 1 | 1.77 | ||
| RRLGLRC301 | 408537 | 6951015 | 553 | 54 | 8 | 18 | 10 | 1.63 | ||
| 49 | 50 | 1 | 2.90 | |||||||
| RRLGLRC302 | 408650 | 6951011 | 555 | 54 | 34 | 35 | 1 | 1.19 | ||
| 42 | 43 | 1 | 1.46 | |||||||
| Idaho Collar Location | Intersection >1.0 ppm Au and >1g/t Au*m | |||||||||
| Total | Au | |||||||||
| Hole ID | X | Y | Z | Depth | From (m) | To(m) | Interval(m) | (ppm) | ||
| (m) | ||||||||||
| RRLIHRC098 | 431186 | 6909573 | 480 | 48 | 14 | 15 | 1 | 1.38 | ||
| RRLIHRC101 | 431276 | 6909514 | 480 | 126 | 103 | 104 | 1 | 1.00 | ||
| RRLIHRC102 | 431257 | 6909340 | 479 | 54 | 29 | 34 | 5 | 1.45 | ||
| 41 | 44 | 3 | 1.28 | |||||||
| RRLIHRC103 | 431284 | 6909346 | 479 | 84 | 47 | 51 | 4 | 1.38 | ||
| 54 | 57 | 3 | 3.29 | |||||||
| 62 | 63 | 1 | 2.15 | |||||||
| 72 | 75 | 3 | 2.35 |


| RRLIHRC105 | 431252 | 6909303 | 479 | 48 | 24 | 26 | 2 | 1.44 |
|---|---|---|---|---|---|---|---|---|
| 29 | 30 | 1 | 2.17 | |||||
| RRLIHRC107 | 431350 | 6909244 | 480 | 174 | 89 | 90 | 1 | 2.66 |
| 97 | 100 | 3 | 2.20 | |||||
| 109 | 110 | 1 | 1.98 | |||||
| 115 | 116 | 1 | 1.14 | |||||
| 119 | 120 | 1 | 5.36 | |||||
| 124 | 125 | 1 | 2.09 | |||||
| RRLIHRC108 | 431391 | 6909194 | 479 | 174 | 128 | 130 | 2 | 2.54 |
| 133 | 134 | 1 | 1.90 | |||||
| 138 | 139 | 1 | 1.18 | |||||
| 141 | 142 | 1 | 1.43 | |||||
| 145 | 148 | 3 | 2.51 | |||||
| RRLIHRC110 | 431362 | 6909207 | 479 | 144 | 102 | 103 | 1 | 3.29 |
| 107 | 109 | 2 | 1.56 | |||||
| 118 | 119 | 1 | 2.53 | |||||
| RRLIHRC111 | 431294 | 6909169 | 479 | 60 | 45 | 46 | 1 | 1.38 |
| RRLIHRC113 | 431329 | 6909178 | 479 | 102 | 8 | 12 | 4 | 1.02 |
| 44 | 45 | 1 | 1.86 | |||||
| 50 | 51 | 1 | 1.01 | |||||
| 54 | 57 | 3 | 1.32 | |||||
| 60 | 61 | 1 | 3.24 | |||||
| 65 | 72 | 7 | 2.64 | |||||
| RRLIHRC114 | 431351 | 6909183 | 479 | 120 | 67 | 68 | 1 | 5.04 |
| 73 | 74 | 1 | 1.30 | |||||
| RRLIHRC115 | 431372 | 6909188 | 479 | 138 | 99 | 100 | 1 | 1.98 |

| 105 | 107 | 2 | 2.88 | |||||
|---|---|---|---|---|---|---|---|---|
| 113 | 114 | 1 | 1.44 | |||||
| RRLIHRC116 | 431397 | 6909176 | 479 | 192 | 185 | 186 | 1 | 1.02 |
| RRLIHRC117 | 431408 | 6909158 | 479 | 186 | 132 | 133 | 1 | 1.52 |
| 136 | 137 | 1 | 1.00 | |||||
| 149 | 150 | 1 | 1.03 | |||||
| 180 | 182 | 2 | 9.92 | |||||
| RRLIHRC118 | 431402 | 6909134 | 479 | 174 | 122 | 124 | 2 | 1.41 |
| 149 | 150 | 1 | 2.53 | |||||
| 153 | 154 | 1 | 2.94 | |||||
| 170 | 171 | 1 | 3.01 | |||||
| RRLIHRC120 | 431299 | 6909092 | 479 | 60 | 20 | 22 | 2 | 2.05 |
| RRLIHRC122 | 431340 | 6909101 | 479 | 96 | 39 | 41 | 2 | 1.22 |
| 45 | 46 | 1 | 1.06 | |||||
| RRLIHRC123 | 431358 | 6909106 | 479 | 120 | 52 | 53 | 1 | 1.30 |
| 64 | 65 | 1 | 2.66 | |||||
| RRLIHRC124 | 431378 | 6909111 | 479 | 144 | 98 | 106 | 8 | 3.03 |
| 112 | 113 | 1 | 1.10 | |||||
| 116 | 117 | 1 | 1.62 | |||||
| 121 | 122 | 1 | 1.02 | |||||
| 126 | 128 | 2 | 1.36 | |||||
| RRLIHRC125 | 431416 | 6909121 | 480 | 186 | 129 | 130 | 1 | 1.31 |
| 141 | 142 | 1 | 1.65 | |||||
| 159 | 162 | 3 | 3.09 | |||||
| 166 | 170 | 4 | 2.64 | |||||
| RRLIHRC126 | 431401 | 6909095 | 479 | 162 | 131 | 133 | 2 | 1.17 |

| 141 | 145 | 4 | 4.07 | |||||
|---|---|---|---|---|---|---|---|---|
| RRLIHRC128 | 431333 | 6909033 | 479 | 66 | 9 | 10 | 1 | 1.79 |
| 13 | 14 | 1 | 1.34 | |||||
| RRLIHRC129 | 431369 | 6909147 | 479 | 144 | 85 | 86 | 1 | 1.06 |
| 95 | 97 | 2 | 2.78 | |||||
| RRLIHRC130 | 431389 | 6909153 | 479 | 162 | 91 | 92 | 1 | 1.15 |
| 93 | 94 | 1 | 1.03 | |||||
| 115 | 137 | 22 | 1.30 | |||||
| 161 | 162 | 1 | 21.00 | |||||
| RRLIHRC131 | 431444 | 6908994 | 480 | 156 | 93 | 97 | 4 | 2.61 |
| 117 | 118 | 1 | 32.10 | |||||
| 146 | 147 | 1 | 3.26 | |||||
| RRLIHRC132 | 431361 | 6908948 | 480 | 66 | 9 | 16 | 7 | 1.24 |
| RRLIHRC133 | 431382 | 6908953 | 480 | 72 | 34 | 35 | 1 | 1.57 |
| RRLIHRC134 | 431400 | 6908958 | 480 | 84 | 43 | 48 | 5 | 1.10 |
| 54 | 55 | 1 | 1.38 | |||||
| RRLIHRC135 | 431421 | 6908964 | 480 | 120 | 77 | 98 | 21 | 2.96 |
| 108 | 109 | 1 | 1.97 | |||||
| RRLIHRC136 | 431440 | 6908969 | 480 | 144 | 74 | 79 | 5 | 2.28 |
| 86 | 87 | 1 | 1.03 | |||||
| 91 | 92 | 1 | 1.23 | |||||
| 99 | 100 | 1 | 1.82 | |||||
| 138 | 139 | 1 | 1.53 | |||||
| RRLIHRC137 | 431456 | 6908974 | 480 | 156 | 99 | 101 | 2 | 3.38 |
| RRLIHRC138 | 431373 | 6908906 | 479 | 60 | 1 | 2 | 1 | 1.43 |
| 9 | 10 | 1 | 1.04 |

| 13 | 14 | 1 | 2.06 | |||||
|---|---|---|---|---|---|---|---|---|
| RRLIHRC140 | 431410 | 6908919 | 480 | 72 | 17 | 18 | 1 | 1.24 |
| 51 | 53 | 2 | 1.55 | |||||
| RRLIHRC141 | 431430 | 6908924 | 480 | 114 | 5 | 6 | 1 | 2.92 |
| 11 | 13 | 2 | 1.92 | |||||
| 55 | 73 | 18 | 6.56 | |||||
| 78 | 81 | 3 | 2.25 | |||||
| 84 | 85 | 1 | 1.30 | |||||
| 94 | 96 | 2 | 17.66 | |||||
| RRLIHRC142 | 431447 | 6908930 | 480 | 132 | 21 | 22 | 1 | 1.25 |
| 57 | 64 | 7 | 1.58 | |||||
| RRLIHRC143 | 431467 | 6908936 | 480 | 138 | 80 | 81 | 1 | 2.58 |
| 109 | 110 | 1 | 1.70 | |||||
| RRLIHRC145 | 431403 | 6908870 | 480 | 54 | 26 | 27 | 1 | 1.22 |
| RRLIHRC146 | 431421 | 6908875 | 480 | 78 | 28 | 29 | 1 | 2.19 |
| 37 | 38 | 1 | 2.24 | |||||
| 42 | 43 | 1 | 2.21 | |||||
| 50 | 54 | 4 | 1.12 | |||||
| 57 | 68 | 11 | 2.08 | |||||
| RRLIHRC147 | 431441 | 6908881 | 480 | 108 | 32 | 40 | 8 | 2.72 |
| 66 | 67 | 1 | 2.40 | |||||
| RRLIHRC149 | 431270 | 6909183 | 479 | 24 | 9 | 12 | 3 | 2.33 |
| RRLIHRC150 | 431278 | 6909165 | 479 | 36 | 15 | 16 | 1 | 3.48 |
| RRLIHRC154 | 431315 | 6909071 | 479 | 48 | 28 | 34 | 6 | 10.81 |
| RRLIHRC156 | 431321 | 6909279 | 479 | 114 | 77 | 78 | 1 | 1.39 |
| 82 | 83 | 1 | 4.00 |


| 868718889197981RRLIHRC15743134069092834791389697111812351261271RRLIHRC15843124569093384793620211RRLIHRC15943124169093014793011121RRLIHRC16043132969091364798444473RRLIHRC161431348690914147910253541576146667183852RRLIHRC1624314206909139480198172173117717811861871RRLIHRC16343139769091164791621371381RRLIHRC16443146869086334813014162RRLIHRC1654315016908642481721214241421Moolart Well Collar LocationIntersection >1.0 ppm Au and >1g/t Au*mTotalHole IDXYZDepthFrom (m)To(m)Interval(m)(m)RRLMWAC309043537869452505266546515RRLMWAC309243537669451755275346471 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1.34 | |||||||||
| 1.06 | |||||||||
| 3.68 | |||||||||
| 1.89 | |||||||||
| 2.00 | |||||||||
| 1.10 | |||||||||
| 1.99 | |||||||||
| 1.68 | |||||||||
| 2.40 | |||||||||
| 1.03 | |||||||||
| 1.21 | |||||||||
| 4.16 | |||||||||
| 1.97 | |||||||||
| 1.15 | |||||||||
| 1.04 | |||||||||
| 1.31 | |||||||||
| 1.40 | |||||||||
| 4.00 | |||||||||
| 1.22 | |||||||||
| 2.80 | |||||||||
| Au(ppm) | |||||||||
| 1.64 | |||||||||
| 1.14 | |||||||||
| RRLMWAC3093 | 435379 | 6945125 | 529 | 53 | 0 | 1 | 1 | 1.51 |


| 38 | 43 | 5 | 3.00 | |||||
|---|---|---|---|---|---|---|---|---|
| RRLMWAC3095 | 435392 | 6945075 | 529 | 65 | 43 | 44 | 1 | 4.40 |
| RRLMWAC3096 | 435416 | 6945075 | 529 | 78 | 43 | 50 | 7 | 1.23 |
| RRLMWAC3097 | 435440 | 6945075 | 530 | 100 | 52 | 53 | 1 | 1.79 |
| 59 | 61 | 2 | 1.17 | |||||
| 94 | 96 | 2 | 51.64 | |||||
| RRLMWRC1317 | 435515 | 6944800 | 537 | 108 | 52 | 57 | 5 | 1.24 |
| 77 | 78 | 1 | 1.64 | |||||
| RRLMWRC1319 | 435515 | 6944775 | 538 | 102 | 63 | 67 | 4 | 1.90 |
| 97 | 98 | 1 | 1.04 | |||||
| RRLMWRC1320 | 435521 | 6944749 | 538 | 102 | 65 | 67 | 2 | 2.35 |
| 75 | 83 | 8 | 1.18 | |||||
| RRLMWRC1321 | 435528 | 6944749 | 538 | 108 | 68 | 70 | 2 | 3.83 |
| 84 | 85 | 1 | 1.27 | |||||
| RRLMWRC1322 | 435515 | 6944700 | 540 | 90 | 5 | 6 | 1 | 1.03 |
| 59 | 60 | 1 | 2.59 | |||||
| RRLMWRC1324 | 435514 | 6944675 | 542 | 114 | 52 | 56 | 4 | 1.89 |
| RRLMWRC1325 | 435531 | 6944676 | 541 | 114 | 41 | 42 | 1 | 1.22 |
| RRLMWRC1326 | 435535 | 6944625 | 542 | 72 | 35 | 37 | 2 | 1.47 |
| 56 | 57 | 1 | 1.75 | |||||
| RRLMWRC1328 | 435277 | 6943952 | 546 | 180 | 123 | 125 | 2 | 1.12 |
| RRLMWRC1328 | 435277 | 6943952 | 546 | 180 | 173 | 179 | 6 | 1.63 |
| RRLMWRC1329 | 435301 | 6943947 | 546 | 216 | 154 | 155 | 1 | 1.08 |
| 174 | 176 | 2 | 3.78 | |||||
| 180 | 181 | 1 | 2.11 | |||||
| 200 | 203 | 3 | 1.08 |

| Quarterly Report to 30 June | 2016 |
|---|---|
| ----------------------------- | ------ |
| RRLMWRC1330 | 435275 | 6943997 | 542 | 156 | 151 | 153 | 2 | 1.61 |
|---|---|---|---|---|---|---|---|---|
| RRLMWRC1331 | 435301 | 6944000 | 542 | 204 | 137 | 138 | 1 | 1.66 |
| RRLMWRC1333 | 435410 | 6944175 | 515 | 108 | 71 | 72 | 1 | 1.10 |
| 90 | 91 | 1 | 6.44 | |||||
| 98 | 101 | 3 | 11.15 | |||||
| RRLMWRC1334 | 435397 | 6944150 | 518 | 114 | 62 | 63 | 1 | 1.13 |
| RRLMWRC1335 | 435412 | 6944050 | 533 | 72 | 34 | 35 | 1 | 1.59 |
| 37 | 38 | 1 | 1.29 | |||||
| 59 | 60 | 1 | 9.55 | |||||
| RRLMWRC1337 | 435405 | 6944424 | 483 | 36 | 27 | 28 | 1 | 1.95 |
| RRLMWRC1338 | 435422 | 6944424 | 483 | 66 | 49 | 50 | 1 | 1.76 |
| RRLMWRC1339 | 435400 | 6944399 | 482 | 42 | 35 | 36 | 1 | 1.76 |
| RRLMWRC1340 | 435415 | 6944400 | 483 | 54 | 14 | 15 | 1 | 1.99 |
| 29 | 30 | 1 | 2.24 | |||||
| 50 | 51 | 1 | 5.91 | |||||
| RRLMWRC1343 | 435498 | 6945099 | 531 | 60 | 6 | 7 | 1 | 38.12 |
| Petra North Collar Location | Intersection >1.0 ppm Au and >1g/t Au*m | |||||||
| Total | Au | |||||||
| Hole ID | X | Y | Z | Depth | From (m) | To(m) | Interval(m) | (ppm) |
| (m) | ||||||||
| RRLPTRAC466 | 426729 | 6937657 | 539 | 86 | 71 | 73 | 2 | 2.01 |
| RRLPTRAC466 | 426729 | 6937657 | 539 | 86 | 82 | 83 | 1 | 2.13 |
| RRLPTRAC467 | 426665 | 6937657 | 538 | 86 | 41 | 42 | 1 | 1.78 |
| RRLPTRAC469 | 426647 | 6937656 | 538 | 92 | 69 | 70 | 1 | 1.02 |
| RRLPTRAC471 | 426571 | 6937658 | 538 | 87 | 53 | 54 | 1 | 2.18 |
| 86 | 87 | 1 | 1.78 | |||||
| RRLPTRAC472 | 426550 | 6937656 | 536 | 85 | 21 | 24 | 3 | 8.78 |


| RRLPTRAC475 | 426488 | 6937658 | 539 | 104 | 90 | 91 | 1 | 1.43 |
|---|---|---|---|---|---|---|---|---|
| RRLPTRAC476 | 426470 | 6937658 | 539 | 101 | 39 | 40 | 1 | 1.63 |
| RRLPTRAC481 | 426451 | 6937657 | 539 | 89 | 3 | 4 | 1 | 1.55 |
| RRLPTRAC482 | 426434 | 6937657 | 539 | 89 | 30 | 32 | 2 | 7.00 |
| 46 | 50 | 4 | 2.49 | |||||
| 76 | 77 | 1 | 1.76 | |||||
| RRLPTRAC483 | 426413 | 6937657 | 539 | 91 | 39 | 40 | 1 | 1.05 |
| 44 | 45 | 1 | 4.48 | |||||
| 54 | 55 | 1 | 8.56 | |||||
| RRLPTRAC484 | 426389 | 6937657 | 539 | 102 | 95 | 96 | 1 | 1.21 |
| RRLPTRAC488 | 426748 | 6937739 | 539 | 95 | 69 | 70 | 1 | 8.08 |
| RRLPTRAC490 | 426668 | 6937733 | 539 | 89 | 46 | 47 | 1 | 1.00 |
| RRLPTRAC498 | 426349 | 6937737 | 540 | 81 | 69 | 71 | 2 | 1.12 |
| RRLPTRAC516 | 426423 | 6938090 | 542 | 87 | 56 | 60 | 4 | 6.00 |
| RRLPTRAC521 | 426022 | 6938096 | 538 | 83 | 8 | 12 | 4 | 1.19 |
| RRLPTRAC531 | 426308 | 6938260 | 543 | 91 | 40 | 44 | 4 | 2.66 |
| 68 | 72 | 4 | 1.72 | |||||
| 88 | 91 | 3 | 1.43 | |||||
| RRLPTRAC538 | 425751 | 6938261 | 537 | 104 | 16 | 20 | 4 | 1.34 |
| 100 | 104 | 4 | 1.37 | |||||
| Russells Find Collar Location | Intersection >1.0 ppm Au and >1g/t Au*m | |||||||
| Total | Au | |||||||
| Hole ID | X | Y | Z | Depth(m) | From (m) | To(m) | Interval(m) | (ppm) |
| RRLRFRC066 | 438569 | 6905228 | 532 | 108 | 45 | 46 | 1 | 2.27 |
| 54 | 55 | 1 | 1.26 | |||||
| 63 | 67 | 4 | 2.84 |


| RRLRFRC067 | 438590 | 6905233 | 531 | 102 | 72 | 75 | 3 | 1.18 |
|---|---|---|---|---|---|---|---|---|
| RRLRFRC069 | 438631 | 6905242 | 531 | 142 | 121 | 122 | 1 | 1.63 |
| 126 | 127 | 1 | 2.19 | |||||
| 137 | 138 | 1 | 5.81 | |||||
| RRLRFRC070 | 438671 | 6905246 | 532 | 162 | 90 | 93 | 3 | 1.23 |
| 96 | 98 | 2 | 2.78 | |||||
| 121 | 122 | 1 | 1.63 | |||||
| 123 | 124 | 1 | 1.13 | |||||
| 134 | 137 | 3 | 1.57 | |||||
| RRLRFRC071 | 438629 | 6905292 | 530 | 126 | 58 | 72 | 14 | 2.59 |
| 78 | 79 | 1 | 2.78 | |||||
| 85 | 86 | 1 | 1.18 | |||||
| 115 | 118 | 3 | 3.18 | |||||
| RRLRFRC072 | 438618 | 6905310 | 530 | 120 | 38 | 39 | 1 | 2.25 |
| 43 | 45 | 2 | 2.64 | |||||
| 48 | 65 | 17 | 4.07 | |||||
| 69 | 72 | 3 | 1.33 | |||||
| 91 | 93 | 2 | 3.14 | |||||
| 98 | 99 | 1 | 1.95 | |||||
| 104 | 105 | 1 | 1.17 | |||||
| 108 | 109 | 1 | 1.26 | |||||
| RRLRFRC073 | 438637 | 6905315 | 530 | 132 | 68 | 71 | 3 | 2.09 |
| 74 | 75 | 1 | 3.01 | |||||
| 101 | 102 | 1 | 1.04 | |||||
| 109 | 111 | 2 | 3.48 | |||||
| 123 | 124 | 1 | 3.57 |


| RRLRFRC074 | 438619 | 6905333 | 530 | 120 | 51 | 57 | 6 | 2.68 |
|---|---|---|---|---|---|---|---|---|
| 60 | 68 | 8 | 2.50 | |||||
| 82 | 84 | 2 | 5.77 | |||||
| 105 | 107 | 2 | 4.82 | |||||
| RRLRFRC075 | 438630 | 6905334 | 529 | 132 | 69 | 78 | 9 | 5.69 |
| 81 | 87 | 6 | 1.54 | |||||
| 91 | 97 | 6 | 1.75 | |||||
| 118 | 120 | 2 | 7.37 | |||||
| RRLRFRC076 | 438625 | 6905375 | 529 | 120 | 80 | 82 | 2 | 3.98 |
| 87 | 88 | 1 | 3.03 | |||||
| 105 | 107 | 2 | 15.00 | |||||
| RRLRFRC077 | 438641 | 6905377 | 529 | 138 | 91 | 93 | 2 | 1.74 |
| 96 | 102 | 6 | 2.18 | |||||
| 119 | 120 | 1 | 1.81 | |||||
| RRLRFRC078 | 438677 | 6905369 | 529 | 168 | 116 | 124 | 8 | 4.09 |
| 152 | 154 | 2 | 6.65 | |||||
| RRLRFRC079 | 438628 | 6905396 | 529 | 126 | 102 | 104 | 2 | 3.57 |
| RRLRFRC080 | 438627 | 6905414 | 529 | 120 | 110 | 113 | 3 | 9.15 |
| RRLRFRC081 | 438636 | 6905415 | 528 | 126 | 106 | 108 | 2 | 6.22 |
| RRLRFRC082 | 438590 | 6905472 | 528 | 84 | 72 | 74 | 2 | 1.61 |
| RRLRFRC083 | 438601 | 6905474 | 528 | 90 | 65 | 67 | 2 | 5.79 |
| RRLRFRC084 | 438619 | 6905477 | 528 | 102 | 79 | 82 | 3 | 9.08 |
| RRLRFRC085 | 438637 | 6905481 | 527 | 120 | 93 | 94 | 1 | 1.63 |
| RRLRFRC087 | 438581 | 6905488 | 528 | 72 | 42 | 43 | 1 | 1.91 |
| RRLRFRC088 | 438583 | 6905512 | 527 | 66 | 45 | 47 | 2 | 3.82 |
| RRLRFRC089 | 438620 | 6905529 | 527 | 96 | 74 | 77 | 3 | 4.58 |


| RRLRFRC090 | 438586 | 6905562 | 531 | 78 | 43 | 44 | 1 | 2.66 |
|---|---|---|---|---|---|---|---|---|
| Tooheys Well Collar Location | Intersection >1.0 ppm Au and >1g/t Au*m | |||||||
| Hole ID | X | Y | Z | TotalDepth(m) | From (m) | To(m) | Interval(m) | Au(ppm) |
| RRLTWRC024 | 437861 | 6909579 | 508 | 203 | 161 | 163 | 2 | 1.32 |
| 169 | 170 | 1 | 1.67 | |||||
| RRLTWRC030 | 437842 | 6909219 | 507 | 118 | 77 | 78 | 1 | 1.38 |
| RRLTWRC070 | 437918 | 6909258 | 508 | 313 | 218 | 225 | 7 | 1.48 |
| 228 | 229 | 1 | 1.07 | |||||
| 238 | 251 | 13 | 2.14 | |||||
| 255 | 256 | 1 | 1.18 | |||||
| 259 | 261 | 2 | 4.12 | |||||
| 274 | 295 | 21 | 2.24 | |||||
| RRLTWRC081 | 437881 | 6909418 | 508 | 274 | 224 | 229 | 5 | 3.51 |
| 241 | 247 | 6 | 1.31 | |||||
| RRLTWRC083 | 437796 | 6909458 | 508 | 108 | 91 | 98 | 7 | 4.59 |
| 106 | 107 | 1 | 1.09 | |||||
| RRLTWRC087 | 437901 | 6909300 | 508 | 248 | 195 | 197 | 2 | 1.73 |
| 200 | 207 | 7 | 1.74 | |||||
| 212 | 233 | 21 | 2.20 | |||||
| RRLTWRC090 | 437919 | 6909336 | 508 | 263 | 143 | 144 | 1 | 1.38 |
| 190 | 191 | 1 | 1.31 | |||||
| 195 | 199 | 4 | 1.05 | |||||
| 203 | 228 | 25 | 1.70 | |||||
| 233 | 234 | 1 | 1.10 | |||||
| 237 | 251 | 14 | 3.58 |


| RRLTWRC091 | 437942 | 6909301 | 508 | 303 | 174 | 175 | 1 | 16.80 |
|---|---|---|---|---|---|---|---|---|
| 210 | 211 | 1 | 1.09 | |||||
| 217 | 218 | 1 | 1.16 | |||||
| 221 | 222 | 1 | 1.80 | |||||
| 237 | 262 | 25 | 2.06 | |||||
| 269 | 276 | 7 | 1.35 | |||||
| 281 | 282 | 1 | 1.06 | |||||
| 285 | 291 | 6 | 1.23 | |||||
| RRLTWRC093 | 437979 | 6909178 | 507 | 284 | 205 | 211 | 6 | 1.15 |
| 214 | 215 | 1 | 1.79 | |||||
| 225 | 232 | 7 | 1.03 | |||||
| 242 | 244 | 2 | 1.56 | |||||
| RRLTWRC094 | 437939 | 6909220 | 507 | 251 | 165 | 167 | 2 | 1.45 |
| 171 | 174 | 3 | 1.34 | |||||
| 183 | 240 | 57 | 2.75 | |||||
| RRLTWRC095 | 437959 | 6909258 | 508 | 330 | 188 | 189 | 1 | 1.02 |
| 262 | 295 | 33 | 1.94 | |||||
| 298 | 300 | 2 | 1.30 | |||||
| 302 | 303 | 1 | 1.46 | |||||
| 311 | 319 | 8 | 2.86 | |||||
| RRLTWRC096 | 437959 | 6909334 | 509 | 354 | 295 | 299 | 4 | 1.29 |
| 306 | 307 | 1 | 1.42 | |||||
| 313 | 321 | 8 | 1.49 | |||||
| RRLTWRC097 | 437711 | 6909059 | 509 | 105 | 51 | 52 | 1 | 1.26 |
| 68 | 77 | 9 | 4.30 | |||||
| 80 | 84 | 4 | 1.07 |


| RRLTWRC099 | 437836 | 6909177 | 507 | 123 | 60 | 61 | 1 | 6.24 |
|---|---|---|---|---|---|---|---|---|
| RRLTWRC100 | 437878 | 6909178 | 507 | 183 | 73 | 75 | 2 | 1.14 |
| 87 | 89 | 2 | 1.72 | |||||
| 98 | 112 | 14 | 2.28 | |||||
| 117 | 118 | 1 | 1.02 | |||||
| 156 | 157 | 1 | 1.59 | |||||
| RRLTWRC101 | 437977 | 6909138 | 506 | 308 | 139 | 140 | 1 | 1.13 |
| 161 | 162 | 1 | 1.14 | |||||
| 179 | 181 | 2 | 1.46 | |||||
| 201 | 208 | 7 | 1.58 | |||||
| 212 | 213 | 1 | 1.14 | |||||
| 215 | 216 | 1 | 1.06 | |||||
| 218 | 219 | 1 | 1.56 | |||||
| 251 | 268 | 17 | 1.93 | |||||
| 288 | 290 | 2 | 1.30 | |||||
| 307 | 308 | 1 | 3.04 | |||||
| RRLTWRC102 | 437838 | 6909140 | 507 | 98 | 54 | 55 | 1 | 5.92 |
| RRLTWRC103 | 437878 | 6909139 | 506 | 143 | 63 | 65 | 2 | 8.94 |
| 82 | 87 | 5 | 1.53 | |||||
| 91 | 98 | 7 | 4.02 | |||||
| RRLTWRC104 | 437869 | 6909378 | 509 | 198 | 53 | 63 | 10 | 2.01 |
| 68 | 70 | 2 | 1.23 | |||||
| 115 | 116 | 1 | 1.22 | |||||
| 121 | 123 | 2 | 4.30 | |||||
| 127 | 128 | 1 | 1.80 | |||||
| 131 | 134 | 3 | 1.80 |


| 144 | 166 | 22 | 3.25 | |||||
|---|---|---|---|---|---|---|---|---|
| 181 | 182 | 1 | 1.19 | |||||
| RRLTWRC105 | 437818 | 6909499 | 509 | 153 | 37 | 38 | 1 | 1.10 |
| 57 | 58 | 1 | 1.34 | |||||
| RRLTWRC106 | 437859 | 6909499 | 508 | 198 | 58 | 61 | 3 | 2.61 |
| 145 | 150 | 5 | 1.33 | |||||
| 167 | 168 | 1 | 1.22 | |||||
| 174 | 177 | 3 | 2.31 | |||||
| RRLTWRC107 | 437939 | 6909379 | 509 | 318 | 49 | 50 | 1 | 1.16 |
| 166 | 167 | 1 | 2.31 | |||||
| 243 | 252 | 9 | 2.12 | |||||
| 256 | 267 | 11 | 2.70 | |||||
| 277 | 280 | 3 | 1.38 | |||||
| 301 | 302 | 1 | 1.50 | |||||
| RRLTWRC108 | 437724 | 6909141 | 505 | 133 | 71 | 73 | 2 | 1.39 |
| 86 | 87 | 1 | 1.20 | |||||
| 89 | 90 | 1 | 1.03 | |||||
| 94 | 95 | 1 | 1.20 | |||||
| RRLTWRC109 | 437765 | 6909140 | 505 | 143 | 135 | 136 | 1 | 1.84 |
| RRLTWRC110 | 437881 | 6909300 | 508 | 218 | 52 | 53 | 1 | 1.77 |
| 64 | 66 | 2 | 2.04 | |||||
| 79 | 82 | 3 | 1.38 | |||||
| 85 | 86 | 1 | 1.06 | |||||
| 96 | 97 | 1 | 1.03 | |||||
| 101 | 109 | 8 | 2.04 | |||||
| 117 | 121 | 4 | 2.90 |


| 124 | 135 | 11 | 3.48 | |||||
|---|---|---|---|---|---|---|---|---|
| 139 | 140 | 1 | 1.56 | |||||
| 146 | 158 | 12 | 2.99 | |||||
| 161 | 169 | 8 | 2.42 | |||||
| 173 | 176 | 3 | 1.48 | |||||
| 194 | 195 | 1 | 1.47 | |||||
| RRLTWRC111 | 437939 | 6909335 | 509 | 328 | 172 | 174 | 2 | 2.92 |
| 223 | 233 | 10 | 1.73 | |||||
| 239 | 240 | 1 | 1.20 | |||||
| 245 | 298 | 53 | 1.72 | |||||
| 311 | 312 | 1 | 3.22 | |||||
| RRLTWRC112 | 437938 | 6909418 | 509 | 313 | 119 | 120 | 1 | 1.52 |
| 248 | 251 | 3 | 2.90 | |||||
| 265 | 272 | 7 | 2.11 | |||||
| 277 | 284 | 7 | 2.76 | |||||
| RRLTWRC113 | 437851 | 6909418 | 508 | 185 | 46 | 49 | 3 | 1.24 |
| 54 | 55 | 1 | 2.82 | |||||
| 139 | 140 | 1 | 1.18 | |||||
| 143 | 158 | 15 | 3.30 | |||||
| RRLTWRC114 | 438020 | 6908858 | 508 | 211 | 83 | 84 | 1 | 1.32 |
| RRLTWRC115 | 437980 | 6909218 | 507 | 378 | 79 | 80 | 1 | 1.75 |
| 201 | 207 | 6 | 1.15 | |||||
| 245 | 251 | 6 | 1.68 | |||||
| 260 | 265 | 5 | 3.31 | |||||
| 268 | 269 | 1 | 1.26 | |||||
| 282 | 283 | 1 | 1.35 |
Quarterly Report to 30 June 2016

| 309 | 318 | 9 | 1.58 | |||||
|---|---|---|---|---|---|---|---|---|
| 322 | 336 | 14 | 2.55 | |||||
| 339 | 340 | 1 | 1.10 | |||||
| 341 | 342 | 1 | 1.00 | |||||
| RRLTWRC116 | 437899 | 6909499 | 509 | 258 | 215 | 217 | 2 | 1.20 |
| 222 | 225 | 3 | 1.53 | |||||
| 249 | 250 | 1 | 4.80 | |||||
| RRLTWRC117 | 437900 | 6909579 | 508 | 238 | 87 | 88 | 1 | 1.03 |
| 210 | 221 | 11 | 1.80 | |||||
| RRLTWRC118 | 437902 | 6909658 | 508 | 238 | 72 | 75 | 3 | 2.10 |
| 78 | 80 | 2 | 2.33 | |||||
| 167 | 169 | 2 | 2.73 | |||||
| 173 | 185 | 12 | 1.82 | |||||
| 188 | 196 | 8 | 1.36 | |||||
| 204 | 205 | 1 | 4.24 | |||||
| RRLTWRC119 | 437901 | 6909455 | 509 | 260 | 51 | 52 | 1 | 2.85 |
| 61 | 67 | 6 | 1.45 | |||||
| 73 | 79 | 6 | 4.44 | |||||
| 125 | 126 | 1 | 7.63 | |||||
| 186 | 196 | 10 | 1.71 | |||||
| 210 | 219 | 9 | 1.66 | |||||
| RRLTWRC122 | 437881 | 6909059 | 506 | 120 | 74 | 84 | 10 | 1.48 |
| RRLTWRC123 | 437921 | 6909059 | 506 | 150 | 77 | 78 | 1 | 1.05 |
| 80 | 81 | 1 | 1.21 | |||||
| 83 | 84 | 1 | 1.51 | |||||
| 87 | 92 | 5 | 3.15 |


| 95 | 101 | 6 | 1.41 | |||||
|---|---|---|---|---|---|---|---|---|
| 108 | 109 | 1 | 1.00 | |||||
| 112 | 119 | 7 | 1.57 | |||||
| 123 | 126 | 3 | 3.01 | |||||
| RRLTWRC124 | 437838 | 6909099 | 505 | 112 | 45 | 48 | 3 | 3.61 |
| RRLTWRC125 | 437857 | 6909099 | 505 | 124 | 60 | 69 | 9 | 1.37 |
| RRLTWRC126 | 437878 | 6909099 | 506 | 139 | 51 | 55 | 4 | 1.12 |
| 74 | 75 | 1 | 1.22 | |||||
| RRLTWRC127 | 437899 | 6909098 | 506 | 162 | 89 | 90 | 1 | 1.71 |
| 96 | 99 | 3 | 1.62 | |||||
| 115 | 116 | 1 | 1.03 | |||||
| 120 | 121 | 1 | 1.90 | |||||
| RRLTWRC128 | 437919 | 6909100 | 506 | 204 | 79 | 80 | 1 | 1.29 |
| 90 | 91 | 1 | 9.92 | |||||
| 114 | 122 | 8 | 1.15 | |||||
| 126 | 127 | 1 | 1.02 | |||||
| 130 | 134 | 4 | 1.37 | |||||
| 139 | 141 | 2 | 1.55 | |||||
| 193 | 194 | 1 | 1.02 | |||||
| RRLTWRC129 | 437939 | 6909100 | 506 | 270 | 138 | 139 | 1 | 1.01 |
| 158 | 160 | 2 | 1.44 | |||||
| 200 | 201 | 1 | 2.04 | |||||
| 204 | 210 | 6 | 2.62 | |||||
| 214 | 218 | 4 | 1.24 | |||||
| 221 | 229 | 8 | 2.11 | |||||
| 248 | 270 | 22 | 1.69 |


| RRLTWRCD021 | 437861 | 6909418 | 508 | 223 | 169 | 183 | 14 | 2.44 |
|---|---|---|---|---|---|---|---|---|
| 186.54 | 199.46 | 12.92 | 2.24 | |||||
| 206 | 207.19 | 1.19 | 1.03 | |||||
| 208 | 209 | 1 | 1.50 | |||||
| RRLTWRCD048 | 437861 | 6909300 | 508 | 191 | 145 | 145.5 | 0.5 | 1.19 |
| 169.92 | 170.21 | 0.29 | 4.06 | |||||
| RRLTWRCD058 | 437800 | 6909377 | 507 | 151 | 69.5 | 78 | 8.5 | 1.48 |
| 81 | 84 | 3 | 1.53 | |||||
| 90 | 92 | 2 | 1.15 | |||||
| 102 | 106.85 | 4.85 | 1.43 | |||||
| 125 | 126.84 | 1.84 | 2.00 | |||||
| 137 | 138 | 1 | 1.70 | |||||
| RRLTWRCD064 | 437895 | 6909259 | 508 | 219 | 108 | 110 | 2 | 1.30 |
| 113 | 113.73 | 0.73 | 1.49 | |||||
| 116 | 117 | 1 | 1.22 | |||||
| 141 | 195 | 54 | 2.13 | |||||
| RRLTWRCD066 | 437880 | 6909218 | 507 | 201 | 82 | 83 | 1 | 2.54 |
| 107 | 108.25 | 1.25 | 1.97 | |||||
| 113 | 114 | 1 | 1.87 | |||||
| 121 | 121.49 | 0.49 | 3.50 | |||||
| 126.9 | 128 | 1.1 | 1.07 | |||||
| 130.84 | 139.62 | 8.78 | 1.94 | |||||
| 166.54 | 173 | 6.46 | 2.21 | |||||
| RRLTWRCD080 | 437938 | 6909180 | 507 | 280 | 132 | 133 | 1 | 1.26 |
| 150 | 154 | 4 | 2.21 | |||||
| 158 | 165 | 7 | 1.58 |


| 168 | 170 | 2 | 1.39 | |||||
|---|---|---|---|---|---|---|---|---|
| 181 | 188 | 7 | 1.48 | |||||
| 191 | 213 | 22 | 2.41 | |||||
| 239 | 240 | 1 | 1.11 | |||||
| 257 | 261 | 4 | 2.17 | |||||
| 265 | 269 | 4 | 1.16 | |||||
| 273 | 274 | 1 | 1.01 | |||||
| RRLTWRCD092 | 437854 | 6909259 | 508 | 145 | 53.6 | 54 | 0.4 | 1.82 |
| 56 | 56.5 | 0.5 | 2.90 | |||||
| 63 | 71.32 | 8.32 | 2.20 | |||||
| 78.5 | 79 | 0.5 | 2.98 | |||||
| 82 | 84 | 2 | 1.31 | |||||
| 87 | 87.5 | 0.5 | 1.36 | |||||
| 89 | 90 | 1 | 3.51 | |||||
| 96 | 111.91 | 15.91 | 1.92 | |||||
| 115 | 117 | 2 | 1.36 | |||||
| 119 | 120 | 1 | 1.09 |