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REGIS RESOURCES LIMITED Interim / Quarterly Report 2017

Apr 20, 2017

65733_rns_2017-04-20_43b94b3c-3673-42c7-b503-8fed22b71fc6.pdf

Interim / Quarterly Report

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Quarterly Report to 31 March 2017

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HIGHLIGHTS

DUKETON OPERATIONS

  • Gold production of 79,223 ounces (Dec 16: 80,090 ounces) is at the upper end of annual guidance run rate despite impact of significant rainfall during the quarter.

  • FYTD gold production of 234,147 ounces puts Regis on track to exceed FY16 production and to achieve the mid-point of FY2017 annual guidance range of 300,000-330,000 ounces.

  • Pre-royalty cash cost for the quarter of $798 per ounce and all in sustaining cost of $1,024 per (Dec 16: CC $804/oz & AISC $951/oz) is at the midpoint of FY2017 annual cost guidance.

  • Higher AISC for the quarter was the result of the budgeted high start-up strip ratio of 39:1 at the Erlistoun operation and completion of cutback programme at Rosemont during the quarter.

  • Strong cash flow generation from operations continues with $57.8 million for the quarter (Dec 16: $64.5m).

  • Gold production from the Erlistoun Project commenced during the quarter with first ore processed at the Garden Well processing plant.

CORPORATE

  • Fully franked interim dividend of 7 cents per share declared and paid in the March 2017 quarter. Dividend represents 14% of revenue and 57% of profit after tax for the half year ended 31 December 2016.

  • Cash and bullion of $114.5 million at the end of the quarter (Q2: $129.8 million) after the dividend payment of $35.1 million.

  • Regis sold 86,157 ounces of gold at an average price of A$1,617 per oz during the quarter.

EXPLORATION

  • Exploration focussed on completing infill drill programmes at Tooheys Well in WA and McPhillamys in NSW. Both programmes returned significant intercepts of gold mineralisation.

  • DD infill drilling at McPhillamys returned numerous strong gold intersections. Significant results from drilling during the quarter include:

279 metres @ 1.45 g/t gold from 192 to 471m 192 metres @ 1.20 g/t gold from 140 to 332m
246 metres @ 1.20 g/t gold from 199 to 445m 211 metres @ 1.69 g/t gold from 187 to 398m
207 metres@ 1.27 g/tgold from 178 to 385m 130 metres@ 1.44 g/tgold from 85 to 215m
  • Infill RC drilling at Tooheys Well has continued to return high grade mineralisation. Significant results from infill drilling during the quarter include:
56 metres @ 4.42 g/t gold from 50 to 106m 37 metres @ 3.33 g/t gold from 70 to 107m
56 metres @ 3.15 g/t gold from 207 to 263m 39 metres @ 2.18 g/t gold from 219 to 258m
60 metres@ 2.28 g/tgold from 184 to 244m 49 [email protected]/tgold from 226 to 275m
  • Agreement executed to acquire the Blayney Gold Project, located contiguous to the McPhillamys Project for $3.25 million. The project hosts the Discovery Ridge and Bald Hill deposits with reported total resources of over one million ounces.

Page 1

Quarterly Report to 31 March 2017

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DUKETON OPERATIONS

The Duketon Gold Project produced 79,223 ounces of gold in the March 2017 quarter. This run rate is at the higher end of the FY17 production guidance range of 300,000 - 330,000 ounces and is in line with the previous quarter. Pleasingly this strong production result was achieved despite the significant impact of high rainfall during the quarter. The rainfall impacted the haulage of ore from satellite operations Gloster and Erlistoun with the intermittent closure of haul roads to the processing plants. A total of 19 days of haulage from Gloster was lost during the quarter and 5 days from Erlistoun. The main open pits were also affected with 12 mining days lost at Garden Well and 6.5 days lost at Rosemont. Total rainfall for the March 2017 quarter is shown below:

Rainfall
(mm)		 Rain
Days		 Mining
Days Lost		 Haulage
Days Lost
Garden Well 214 19 12 5
Rosemont 219 20 6.5 0
Moolart Well 280 22 0 19

The strong production achieved despite the impact of high rainfall demonstrates the excellent preparations of site management to ensure operational flexibility through building ROM stockpiles and utilising multiple ore feed sources for blending.

The pre-royalty cash cost for the quarter of $798 per ounce remains below the lower end of annual cost guidance whilst the all in sustaining cost (AISC) of $1,024 per ounce is within the annual cost guidance for FY 2017. Year to date AISC of $974 per ounce is at the lower end of the FY17 cost guidance.

Operating results for the Regis group for the March 2017 quarter were as follows:

DNO DSO TOTAL
Ore mined(Mbcm) 0.43 0.53 0.96
Waste mined(Mbcm) 1.93 4.42 6.35
Strippingratio(w:o) 4.5 8.3 6.6
Ore mined (Mtonnes) 0.83 1.42 2.25
Ore milled(Mtonnes) 0.67 1.58 2.25
Headgrade(g/t) 1.26 1.13 1.17
Recovery(%) 95.3 93.5 94.1
Goldproduction(ounces) 25,591 53,632 79,223
Cash cost(A$/oz) 601 892 798
Cash cost inc royalty (A$/oz) 671 968 872
All in SustainingCost(A$/oz)1 792 1,135 1,024

1 AISC calculated on a per ounce of production basis

Page 2

Quarterly Report to 31 March 2017

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Duketon Northern Operations (DNO)

DNO produced 25,591 ounces of gold at an AISC of $792 per ounce. Gold production at DNO was up 9% from the December 2016 quarter. This increase was the result of the processing of Gloster ore at the higher grade of 1.35g/t and further improvement of mill recovery to 95.3% (Q2: 93.6%) as a result of the higher milled grade.

As previously noted significant rainfall during the quarter restricted haulage of ore from the Gloster open pit for extended periods. During these periods, processing of a higher proportion of harder ore from the Moolart Well open pit was required. This reduced mill throughput at the operation to an annualised rate of 2.7mtpa, down 12% from the previous quarter. Throughput is expected to increase in the June 2017 quarter as regular haulage of oxide ore from the Gloster deposit resumes.

The DNO stripping ratio decreased from 6.7 to 4.5 in the March 2017 quarter as a result of the stripping ratio decreasing from 9.6 to 4.7 at the satellite Gloster project as mining levels in that pit reach main ore zones. The combination of higher DNO gold production and reduced stripping ratio saw AISC fall 20% to $792 per ounce for the quarter.

Duketon Southern Operations (DSO)

DSO produced 53,632 ounces of gold at an AISC of $1,135 per ounce. DSO gold production was 5% lower than the previous quarter as a result of lower throughput partially offset by improved recoveries.

Mill throughput at DSO was 10% lower than the prior quarter due firstly to the harder ore blend at Rosemont impacting throughput as noted in the December 2016 quarter. This is expected to improve in the September 2017 quarter as supply of oxide ore from the south pit extension commences. Throughput was also affected by lower mill availability at both Garden Well and Rosemont plants resulting from a planned major primary crusher and mill reline at Garden Well and an unplanned mill gearbox and pinion bearing replacement at Rosemont. Increasing tonnage of oxide ore from Erlistoun over coming quarters is also expected to have a positive impact on Garden Well throughput.

AISC of $1,135 per ounce for the March 2017 quarter was 22% higher than the December 2016 quarter as a result of:

  • Erlistoun achieving commercial production status during the quarter. This led to its first time inclusion in AISC at a start-up stripping ratio of 39:1. This high strip was expected in the start of the stage 1 pit design and will taper to the life of mine average of 8:1 over the coming quarters as ore tonnage in the pit increases with depth.

  • Rosemont mining at high strip ratio of 13.5:1 as there was a drive to complete the substantial FY2017 cutback programme in the quarter to allow demobilisation of one excavator from Rosemont to Erlistoun. The strip ratio is expected to fall sharply in the June 2017 quarter and is then expected to fall further again in FY2018.

The Garden Well head grade was in line with the previous quarter and in line with expectations. Mining and haulage of ore from the Erlistoun satellite operation continued albeit at a lower than expected rate due to the impact of significant rainfall during the quarter. First Erlistoun ore of 130,000 tonnes at 1.2g/t was processed through the Garden Well plant during the quarter. Erlistoun is expected to have a further positive effect on throughput and milled grade in the June 2017 quarter as development of the open cut continues and the ore supply becomes more continuous.

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Quarterly Report to 31 March 2017

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CORPORATE

Half Year Results and Dividend

In February 2017 Regis announced a half year net profit after tax of $61.0 million for the six months to 31 December 2016. This result represents a 33% increase on the $46.0 million net profit after tax reported in the first half of FY2016. As a result of this profit and continued strong cash generation, the Company announced a fully franked interim dividend of 7 cents per share. The interim dividend was paid in March 2017 and represented a payout ratio of 14% revenue and 57% of net profit after tax for the half year ended 31 December 2016.

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Earnings & Dividend Per Share
25
22.4
20
17.4
15 13
12.2
11.0
10
7
6
5
0
0
FY2014 FY2015 FY2016 FY2017 (H1)
EPS Dividend per Share
Cents per Share
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Cash Position

The Duketon project generated operating cash flow of $57.8 million in the March 2017 quarter. Cash and bullion at the end of the quarter was $114.5 million, down from $129.8 million at 31 December 2016 due to the $35.1 million dividend payment made in March 2017.

The following waterfall chart highlights the movement in Regis’ cash reserves over the quarter.

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Page 4

Quarterly Report to 31 March 2017

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Gold Sales & Hedging

During the March 2017 quarter, Regis sold 86,157 ounces of gold at an average price of A$1,617 per ounce (Dec16: 71,092 ounces at A$1,719 per ounce). The Company delivered the gold produced during the quarter into a combination of spot deferred contracts and at the prevailing spot price. The total hedging position at the end of the quarter was 373,668 ounces, being 20,000 ounces of flat forward contracts with a delivery price of A$1,454 per ounce and 353,668 ounces of spot deferred contracts with a price of A$1,546 per ounce.

EXPLORATION

Overview

Exploration during the March 2017 quarter was focused on extensional and infill drilling at the Tooheys Well deposit at Duketon in order to be able to estimate a maiden Ore Reserve in the June 2017 quarter. An infill drilling programme at the McPhillamys project continued during the quarter to reduce the drill pattern across the deposit to a 50m x 25m nominal pattern. Encouraging results were returned from this infill programme and are expected to form part of an updated Resource and maiden Ore Reserve estimation in due course.

During the quarter Regis drilled a total of 51,003 metres across all projects as shown below:

Hole Type Total Collars Total Metres
RC 253 34,153
DD 49 16,850
Grand Total 302 51,003
Prospect RC DD Total Metres
Rosemont 3,301 3,301
Tooheys Well 28,561 28,561
Old Peculiar 763 763
Bandya 318 318
McPhillamys 1,210 16,850 18,060
Total Metres 34,153 16,850 51,003

Only limited drilling was completed on Rosemont Underground targets during the quarter due to weather, pit access around mining operations and drill rig availability. A small number of holes were drilled at Rosemont late in the quarter with assay results expected in the June 2017 quarter. The ongoing programme is continuing in the June 2017 quarter with 15,000 metres planned.

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Quarterly Report to 31 March 2017

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Duketon Gold Project

Almost 33,000 metres of RC drilling was completed across the 100% owned Duketon Gold Project during the quarter. The bulk of the drilling focused on extensional and infill drilling at the Tooheys Well Gold Project.

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Tooheys Well Gold Project

The Tooheys Well gold project is located on a granted mining lease, 2.5km south of the Garden Well gold mine and hosts an Inferred Mineral Resource Estimate (MRE) of 14.6 MT at 1.16g/t Au for 547,000 ounces of gold at a 0.4g/t Au cut-off.

Gold mineralisation has been 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. The eastern shear zone mineralisation appears to have a steep dip of 80-90° to the east. Host rocks are BIF/chert and shale and weathering extends to 80 to 100 metres vertical depth. Gold mineralisation is associated with pyrrhotite hosted in 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.

RC infill and extensional drilling in the March 2017 quarter returned significant mineralised intercepts along the Eastern shear zone. The majority of the infill drill programme has now been completed.

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Quarterly Report to 31 March 2017

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Infill Resource Drilling

During the quarter a programme of 225 RC holes for 28,561 metres was drilled to follow-up gold mineralisation in the Eastern and Western shear zones. Significant new infill drilling results received during the quarter include:

  • 56m @ 4.42g/t Au from 50m in hole RRLTWRC371

  • o 56m @ 3.15g/t Au from 207m RRLTWRC348 o 60m @ 2.28g/t Au from 184m RRLTWRC300 o 37m @ 3.33g/t Au from 70m RRLTWRC299 o 39m @ 2.18g/t Au from 219m RRLTWRC312 o 49m @ 1.52g/t Au from 226m RRLTWRC374

Assay results from the central sector continue to demonstrate good gold mineralisation continuity both along strike and at depth in the Eastern shear zone. Holes drilled to the north and south of the main zone at Tooheys Well returned encouraging mainly supergene mineralised intercepts. See plan below.

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Tooheys Well plan with geology and significant gold intercepts along the western and eastern mineralised shear zones. All drilling results shown are from the March 2017 quarter.

Reporting a maiden Ore Reserve estimate at Tooheys Well is expected shortly.

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Quarterly Report to 31 March 2017

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Extensional Drilling and Geophysical Surveys at Tooheys Well

During the December 2016 quarter, a ground based Electro Magnetic (EM) Survey commenced to test for potential sulphide conductors in the Tooheys Well area. The survey extends to Garden Well to the north and 2 kilometres to the south covering a large magnetic anomaly. The survey is expected to be completed during the June 2017 quarter and the acquired data will then undergo processing and interpretation with our geophysical consultants.

Drill testing of a coherent anomaly to the south east of Tooheys Well did not return any significant results. The EM anomaly tested was caused by a carbonaceous sulphidic shale.

Rosemont Underground

RC drilling completed over the September and December 2016 quarters demonstrated the potential for underground resource definition at Rosemont both underneath the main pit and along strike to the south. Drilling was temporarily suspended for the majority of the March 2017 quarter so that the available RC rigs could complete the infill drill programme at Tooheys Well. Drilling recommenced at Rosemont late in the March 2017 quarter.

The geology at Rosemont has gold hosted in a steeply east dipping 345° trending quartz-dolerite unit intruding into an ultramafic sequence. Gold mineralisation is associated with quartz-carbonatechlorite-sulphide alteration and is restricted to the quartz-dolerite unit which is from 5 to >100m wide.

Results to date from both Rosemont Main Pit and South programmes have been very encouraging with numerous +20 gram-metre (gm) intervals returned from near surface to 300 metre vertical depth.

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3D long section from south east showing planned Rosemont drilling, phase 1 and 2

There is still a significant portion of phase one drill programme holes (>10,000m) to be completed underneath the main pit. Drilling from within the open pit considerably shortens the depth of holes required to test 100-200m vertically below the final pit design depth. Shorter holes also allow the use of RC rigs rather than diamond drill rigs. As the drill programme must fit in with mining operations in the pit, the drill programme will extend beyond the current quarter.

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Quarterly Report to 31 March 2017

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An RC drilling programme recommenced at Rosemont at the end of the March 2017 quarter with 8 holes (3,301m) completed, but no assays returned to date. In addition to the Main Pit and South Rosemont drill programmes, an initial RC drill program will also commence to the north of Rosemont Main Pit and extend to the north of Rosemont North Pit. The aim is to test for continuity of high grade mineralisation received in historic intercepts. This approach is similar to the initial drilling programmes conducted further south last year.

Reichelts Find

The Reichelts Find project is located 12 km south of the Garden Well processing facility. Prior production is believed to include small scale underground mining between 1912 and 1939 and a small oxide open pit in the late 1980’s. Gold mineralisation at Reichelts Find is hosted by a strongly sheared ultramafic-mafic unit. Historical reports mentioned that gold is hosted by quartz veins and surrounding localised shear zones. Gold mineralisation extends over a +550m strike. Regis has estimated an MRE at Reichelts Find (at a 0.4g/t cut-off grade) of 0.8Mt @ 1.11g/t Au for 28 koz.

A review of drill data for the Reichelts Find project has highlighted several historic high-grade intercepts located underneath the oxide pit. Only 12 RC holes have been drilled at more than 130m deep (down dip) along 1.4km of strike length.

Three of the 12 holes returned encouraging intercepts

Section 6901770mN: 21m @ 8.1 g/t from 147m, Section 6901670mN: 17m @ 8.0 g/t from 99m, and Section 6901510mN: 12m @ 10.8 g/t from 83m

A first pass drill programme of 40 drill holes for 5,768 metres has been designed to target mineralisation both below the existing pit for both open pit and deeper high-grade underground resources. Drilling will commence in the current quarter.

See long section below for existing and planned holes

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Reichelts Find Long Section with historic significant gold Intercepts and proposed drill programme

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Quarterly Report to 31 March 2017

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Further drilling is also planned along strike to the north of Reichelts Find where there is only limited historic drill testing in the 3km of strike north to Russells Find where Regis has estimated an MRE (at a 0.4g/t cut-off grade) of 2.4Mt @ 1.05g/t Au for 81 koz. This area represents a regional target of scale for first pass exploration drilling.

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Duketon Gold Exploration Joint Venture (Regis Earning 75%)

Bandya

The Bandya project is located 5km to the South West from Regis’ 100% owned Petra Gold Project. The target is a NNW trending epidote altered dolerite – felsic volcanic contact over a 1 kilometre strike where historical gold workings occur.

Two RC drill holes for 318 metres were drilled late in the quarter to follow up anomalous results (4m @ 2.20g/t Au from 80m) received in the December 2016 quarter. No anomalous results were reported, downgrading the potential for economic gold mineralisation at this project. No further drilling is planned at this stage.

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Quarterly Report to 31 March 2017

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McPhillamys Gold Project NSW

The 100% Regis owned McPhillamys Gold Project is one of Australia’s larger undeveloped open pittable gold resources. The project is located approximately 250km west of Sydney, in Central West NSW, a well-established mining district. Regis has estimated a MRE of 73.2Mt @ 0.94g/t. Au for 2.2Moz at a 0.4 g/t Au cut-off grade.

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McPhillamys Gold Project and NSW Exploration leases location showing new Blayney tenement acquired.

An RC and diamond drill programme continued at the McPhillamys Gold Project during the quarter. The aim of the phase 1 programme is to infill the current drill pattern to a nominal 50 x 25 metre spacing for an update to the MRE and ultimately to be used as a basis for a reserve estimation. It is also designed to look for high grade extensions to the mineralisation at depth.

At present five diamond rigs and one RC rig are working on site. The majority of phase 1 drilling has been completed. The follow up phase 2 programme is expected to be in the order of a further 43 holes for approximately 14,000 metres of drilling. This should largely complete the required drilling to form the basis of an updated MRE and a reserve estimation.

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Quarterly Report to 31 March 2017

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McPhillamys Gold Project

A total of 55 holes were drilled during the quarter for 18,060 metres. Significant results returned include:

o 279m @ 1.45g/t Au from 192m in hole RRLMPDD122 o 246m @ 1.20g/t Au from 199m RRLMPDD118 o 207m @ 1.27g/t Au from 178m RRLMPDD119 o 192m @ 1.20g/t Au from 140m RRLMPDD115 o 211m @ 1.69g/t Au from 187m RRLMPDD125 o 130m @ 1.44g/t Au from 85m RRLMPDD110

Results from the centre of the project have returned large scale +1g intercepts and continue to correlate well with historic drilling. See plan and cross section below.

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Quarterly Report to 31 March 2017

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McPhillamys Gold Project Plan with March 2017 significant intercepts highlighted
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McPhillamys Gold Project Cross Section 6292355mN with March 2017 significant intercepts highlighted

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Quarterly Report to 31 March 2017

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Acquisition of Blayney Gold Project

During the quarter, Regis executed an agreement to acquire an Exploration Licence located immediately west of the McPhillamys project licence. The Exploration Licence, referred to as the Blayney Gold Project, covers 493 square kilometers and hosts two gold deposits.

Regis has agreed to pay the vendor, Aeris Resources Limited (ASX: AIS), $3.25 million in cash on completion of the transaction. Completion is subject to satisfaction of several conditions precedent that are expected to be satisfied in the ordinary course of business in the June 2017 quarter.

The Blayney Gold Project is reported to host Mineral Resources at two gold deposits. Discovery Ridge has an Indicated and Inferred MRE of 13.84Mt at 1.1g/t Au for 501,000 ounces and Bald Hill has an Inferred MRE of 37.0Mt at 0.5g/t Au for 595,000 ounces. Both Discovery Ridge and Bald Hill Mineral Resource Estimates were reported by Aeris Resources Limited under the JORC Code 2004.

Discovery Ridge Gold Deposit

Discovery Ridge is a shear hosted gold deposit located in strongly foliated, fine-grained metasediments of the Ordovician Coombing and Adaminaby Formations. The deposit is located within the hinge zone of a tight, steep north plunging D2 fold on the contact of the Adaminaby Group with the Coombing Formation. The deposit has a known strike length in the order of 200 metres and comprises a well-defined steeply north pitching East Lode with widths of around 50 metres and known depths of up to 500 metres and a parallel but more diffuse West Lode of similar orientation.

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Discovery Ridge cross section 22,400mN (local grid)

As noted above, Discovery Ridge has a quoted MRE (at a 0.5g/t Au lower cut) of 13.84Mt at 1.1g/t Au for 501,000 ounces of gold. Regis believes the deposit has the potential to augment Regis’ McPhillamys Gold Project. It appears to be a robust resource and is located only 32 kilometers away by major highway. The Company intends to study the deposit with a view to generating a satellite open pit operation to be developed contemporaneously with the McPhillamys project.

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Quarterly Report to 31 March 2017

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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 information in this report that relates to the Tooheys Well Resource is extracted from the ASX announcement released on 29 July 2016 entitled “Maiden Resource of 547,000 Ounces at Tooheys Well Gold Deposit” 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.

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Quarterly Report to 31 March 2017

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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 James Mactier (Non-Executive Director) Mrs Fiona Morgan (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 31 March 2017)

Security Code No. Quoted
Ordinary Shares RRL 500,992,775

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Quarterly Report to 31 March 2017

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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
Sampling
techniques		 Nature and quality of sampling (e.g. cut channels, random chips, or
specific
specialised
industry
standard
measurement
tools
appropriate to the minerals under investigation, such as down hole
gamma sondes, or handheld XRF instruments, etc). These		 Tooheys Well:
The Tooheys Well gold prospect was sampled using Reverse Circulation (RC) drill
holes on a nominal 20m east spaced by 20m north grid spacing, which were drilled
angled -60 degrees to 270 degrees.
examples should not be taken as limiting the broad meaning of McPhillamys:
sampling. The McPhillamys gold deposit was sampled using Diamond Drilling (DD) drill holes
on a nominal 25m east by 50m north initial grid spacing, which were drilled angled
-60 degrees to 270 degrees azimuth.
Include reference to measures taken to ensure sample
representivity and the appropriate calibration of any measurement
tools or systems used.		 All Projects:
Regis drill hole collar locations were picked up by site-based authorised surveyors
using Trimble RTK GPS. Downhole surveying was measured by using either a
Reflex EZ-Shot Downhole Survey Instrument or North Seeking Gyro based tool
where magnetic host rock would affect azimuth readings. The surveys were
completed every 30m down each drill hole.
Core is aligned and measured by tape, comparing back to down hole core blocks
consistent with industry practice.
Regis drill hole sampling had certified standards and blanks inserted every 25th
sample to assess the accuracy and methodology of the external laboratories, and
field duplicates (RC only) were inserted every 20th sample to assess the
repeatability and variability of the gold mineralisation. Laboratory duplicates were
also completed approximately every 15th sample to assess the precision of the
laboratory as well as the repeatability and variability of the gold mineralisation.
Results of the QAQC sampling were considered acceptable for an Archaean gold
deposit.
Aspects of the determination of mineralisation that are Material to Tooheys Well:
the Public Report. Incases where ‘industry standard’ work has

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Criteria JORC Code explanation Commentary
been done this would be relatively simple (e.g. ‘reverse circulation
drilling was used to obtain 1 m samples from which 3 kg was
pulverised to produce a 30 g charge for fire assay’). In other cases,
more explanation may be required, such as where there is coarse		 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 samples
were dried, crushed and pulverised to get 85% passing 75µm and were all Fire
Assayed using a 50g charge (SGS, Bureau Veritas, Min Analytical and Aurum).
gold that has inherent sampling problems. Unusual commodities or McPhillamys diamond:
mineralisation types (e.g. submarine nodules) may warrant
disclosure of detailed information.		 Diamond drilling completed to industry standard using varying sample lengths (0.3
to 1.2m) based on geological intervals, which are then dried, crushed and
pulverised to get 85% passing 75µm and were all Fire Assayed using a 50g charge
(ALS-Orange or SGS West Wyalong).
Drilling
techniques		 Drill type (e.g. core, reverse circulation, open-hole hammer, rotary
air blast, auger, Bangka, sonic, etc) and details (e.g. core diameter,		 Tooheys Well:
RC drilling completed with a 139mm diameter face sampling hammer
triple or standard tube, depth of diamond tails, face-sampling bit or
other type, whether core is oriented and if so, by what method, etc).		 McPhillamys diamond:
Surface diamond drilling carried out by using NQ3 (triple tube), HQ32 (triple tube),
NQ2 (standard tube) and HQ2 (standard tube) techniques.
Core is routinely orientated by REFLEX ACT III tool.
Drill sample
recovery		 Method of recording and assessing core and chip sample
recoveries and results assessed.		 Tooheys Well:
RC recovery was visually assessed, with recovery being excellent except in some
wet intervals which are recorded on logs. <1% of the overall mineralised zones
have been recorded as wet.
McPhillamys diamond:
DD core was measured and compared to the drilled intervals, and recorded as a
percentage recovery

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Criteria JORC Code explanation Commentary
Measures taken to maximise sample recovery and ensure
representative nature of the samples.		 Tooheys Well:
RC samples were visually checked for recovery, moisture and contamination. The
drilling contractor utilised a cyclone and splitter to provide uniform sample size,
and these were cleaned routinely (cleaned at the end of each rod and more
frequently in wet conditions). A booster was also used in conjunction with the RC
drill rig to ensure dry samples are achieved.
McPhillamys diamond:
The target zones ranged from oxidised rock near surface where recoveries were
lower to highly competent fresh rock, where the DD method provided high
recovery.
Whether a relationship exists between sample recovery and grade
and whether sample bias may have occurred due to preferential
loss/gain of fine/coarse material.		 Tooheys Well:
Sample recoveries for RC and AC drilling are visually estimated to be medium to
high. No significant bias is expected although no recovery and grade correlation
study was completed.
McPhillamys 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 and
geotechnically logged to a level of detail to support appropriate
Mineral Resource estimation, mining studies and metallurgical
studies.		 Tooheys Well:
Lithology, alteration, veining, mineralisation and, on some holes, magnetic
susceptibility were logged from the RC chips and saved in the database. Chips
from every interval are also placed in chip trays and stored in a designated building
at site for future reference.
McPhillamys diamond:
Lithology, alteration, veining, mineralisation and geotechnical information were
logged from the DD core and saved in the database. Half core from every interval
are also retained in the core trays and stored in a designated building at site for
future reference.
Whether logging is qualitative or quantitative in nature. Core (or
costean, channel, etc) photography.		 All logging is qualitative except for magnetic susceptibility and geotechnical
measurements. Wet and dry photographs were completed on the core.

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Criteria JORC Code explanation Commentary
The total length and percentage of the relevant intersections All drill holes are logged in full.
logged.
Sub-
sampling
techniques
and sample
If core, whether cut or sawn and whether quarter, half or all core
taken.		 McPhillamys diamond:
Core was half cut with a diamond core saw with the same half always sampled
and the surplus retained in the core trays. Non-competent clay zones are sampled
as whole core where necessary due to difficulty in cutting.
preparation
If non-core, whether riffled, tube sampled, rotary split, etc and
whether sampled wet or dry.		 The RC drilling utilised a cyclone and cone splitter to consistently produce 0.5kg
to 3.0kg dry samples.
For all sample types, the nature, quality and appropriateness of the
sample 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 is
considered acceptable for an Archaean gold deposit.
Quality control procedures adopted for all sub-sampling stages to
maximise representivity of samples.		 Field duplicates (RC) were inserted every 20th sample to assess the repeatability
and variability of the gold mineralisation. Laboratory duplicates were also
completed roughly every 15th sample to assess the repeatability and variability of
the gold mineralisation.
Measures taken to ensure that the sampling is representative of the
in situ material collected, including for instance results for field
duplicate/second-half sampling.		 Field RC duplicates (RC) were taken at the rig from a second chute on the cone
splitter allowing for the duplicate and main sample to be the same size and
sampling technique. Field duplicates are taken every 20th sample. Laboratory
duplicates (sample preparation split) were also completed roughly every 15th
sample.
Field duplicates on core, i.e. other half of cut core, have not been routinely
assayed.

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Criteria JORC Code explanation Commentary
Whether sample sizes are appropriate to the grain size of the
material being sampled.		 Sample sizes (1.0kg to 3kg) are considered to be a sufficient size to accurately
represent the gold mineralisation based on the mineralisation style (hypogene)
associated with shearing and supergene enrichment), the width and continuity of
the intersections, the sampling methodology, the coarse gold variability and the
assay ranges for the gold.
Field duplicates have routinely been collected to ensure monitoring of the sub-
sampling quality. Acceptable precision and accuracy is noted in the field
duplicates albeit the precision is marginally acceptable and consistent with a
coarse gold Archaean gold deposit.
Quality of
assay data
and
laboratory		 The nature, quality and appropriateness of the assaying and
laboratory procedures used and whether the technique is
considered partial or total.		 Tooheys Well:
All gold assaying was completed by external commercial laboratories (SGS,
Bureau Veritas, Min Analytical and Aurum) using a 50g charge for fire assay
analysis with AAS finish. This technique is industry standard for gold and
considered appropriate.
tests McPhillamys diamond:
All gold assaying will be completed by commercial laboratories (ALS-Orange, SGS
West Wyalong, NSW) using either a 40g or 50g charge for fire assay analysis with
AAS finish. This technique is industry standard for gold and considered
appropriate.
For geophysical tools, spectrometers, handheld XRF instruments,
etc, the parameters used in determining the analysis including
instrument make and model, reading times, calibrations factors		 Tooheys Well:
Apart from magnetic susceptibility in targeted zones, no other hand held
geophysical measurements were routinely made.
applied and their derivation, etc.
Nature of quality control procedures adopted (e.g. standards,
blanks, duplicates, external laboratory checks) and whether
acceptable levels of accuracy (ie lack of bias) and precision have
been established.		 Certified Reference Material (CRM or standards) and blanks were inserted every
25th sample to assess the assaying accuracy of the external laboratories. Field
duplicates (RC, AC) were inserted every 20th sample to assess the repeatability
from the field and variability of the gold mineralisation. Laboratory duplicates were
also completed approximately every 15th sample to assess the precision of
assaying.
Evaluation of both the Regis submitted standards, and the internal laboratory
qualitycontrol data,indicates assayingto be accurate and without significant drift

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Criteria JORC Code explanation Commentary
for significant time periods. Excluding obvious errors, the vast majority of the CRM
assaying report shows an overall mean bias of less than 5% with no consistent
positive or negative bias noted. Duplicate assaying show high levels of correlation
and no apparent bias between the duplicate pairs. Field duplicate samples show
marginally acceptable levels of correlation and no relative bias.
Results of the QAQC sampling were considered acceptable for an Archaean gold
deposit. Substantial focus has been given to ensuring sampling procedures met
industry best practise to ensure acceptable levels of accuracy and precision were
achieved in a coarse gold environment.
Verification
of sampling
and
assaying		 The verification of significant intersections by either independent or
alternative company personnel.		 No independent personnel have visually inspected the significant intersections in
RC chips. Numerous highly qualified and experienced company personnel from
exploration and production positions have visually inspected the significant
intersections in RC chips.
The use of twinned holes. The spatial location and assaying accuracy of historical drilling was confirmed with
RC and/or DD twin holes. The Tooheys Well Regis RC drilling spatial location and
assaying accuracy was also twinned by Regis DD holes.
Documentation of primary data, data entry procedures, data
verification, data storage (physical and electronic) protocols.		 All geological and field data is entered into excel spreadsheets with lookup tables
and fixed formatting (and protected from modification) thus only allowing data to
be entered using the Regis geological code system and sample protocol. Data is
then emailed to the Regis database administrator for validation and importation
into a SQL database using Datashed.
Discuss any adjustment to assay data. Any samples not assayed (i.e. destroyed in processing, listed not received) have
had the assay value converted to a -9 in the database. Any samples assayed
below detection limit (0.01 ppm Au) have been converted to 0.005 ppm (half
detection limit) in the database.
Location of
data points		 Accuracy and quality of surveys used to locate drill holes (collar and
down-hole surveys), trenches, mine workings and other locations
used in Mineral Resource estimation.		 Regis drill hole collar locations were picked up by site-based authorized surveyors
using Trimble RTK GPS, calibrated to a base station (expected accuracy of
20mm).
Downhole surveying was measured by using either a Reflex EZ-Shot Downhole
Survey Instrument or North Seeking Gyro based tool where magnetic host rock
would affect azimuth readings

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Criteria JORC Code explanation Commentary
The surveys were completed every 30m down each drill hole.
Specification of the grid system used. Tooheys Well:
The grid system is and AMG Zone 51 (AGD 84) for surveying pickups, as well as
any modelling.
McPhillamys
The grid system is and GDA94 Zone 55 for surveying pickups, as well as any
modelling.
Quality and adequacy of topographic control. The topographic surface for all projects were derived from a combination of the
primary drill hole pickups and the pre-existing photogrammetric contouring.
Data
spacing and
distribution		 Data spacing for reporting of Exploration Results. Tooheys Well:
The infill drilling completed this period reduced the effective spacing to 20 metres
(east) by 20 metres (north) to a depth of 250 metres from surface in selected parts
of the deposit.
McPhillamys:
Current plan is to reduce sample spacing to 25mx25m in selected parts of the
deposit, with the majority of the deposit at least at 25m east by 50m north.
Whether the data spacing and distribution is sufficient to establish
the degree of geological and grade continuity appropriate for the
Mineral Resource and Ore Reserve estimation procedure(s) and		 Tooheys Well & McPhillamys:
The planned data spacing and distribution is sufficient to demonstrate spatial and
grade continuity of the mineralised domains to support the definition of Inferred
and Indicated Mineral Resources under the 2012 JORC code once all other
classifications applied. modifying factors have been addressed.
Whether sample compositing has been applied. Tooheys Well & McPhillamys:
No sample compositing has been applied in the field within the mineralised zones.
Orientation
of data in
relation to		 Whether the orientation of sampling achieves unbiased sampling of
possible 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 to
both the strike and dip of the mineralisation. Intercepts are close to true-width in
most cases. See cross section diagrams.

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Criteria JORC Code explanation Commentary
geological If the relationship between the drilling orientation and the orientation It is not believed that drilling orientation has introduced a sampling bias.
structure of key mineralised structures is considered to have introduced a
sampling bias, this should be assessed and reported if material.
Sample
security		 The measures taken to ensure sample security. Tooheys Well:
Samples are securely sealed and stored onsite, until delivery to Perth via contract
freight Transport, who then deliver the samples directly to the laboratory. Sample
submission forms are sent with the samples as well as emailed to the laboratory,
and are used to keep track of the sample batches.
McPhillamys
Samples are securely sealed and stored onsite, until pickup by ALS or SGS truck
and delivery to Orange or West Wyalong laboratory’s. Sample submission forms
are sent with the samples as well as emailed to the laboratory, and are used to
keeptrack of the sample batches.
Audits or
reviews		 The results of any audits or reviews of sampling techniques and
data.		 Tooheys Well & McPhillamys:
No external audits on sampling techniques and data have been completed.

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Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
tenement and
land tenure
status		 Type, reference name/number, location and ownership including
agreements or material issues with third parties such as joint
ventures, partnerships, overriding royalties, native title interests,
historical sites, wilderness or national park and environmental		 Tooheys Well:
The Tooheys Well prospect comprises M38/1251, an area of 9.109 km2 (910.90
hectares). Normal Western Australian state royalties apply and a further 2% NSR
royalty exists to a third party.Current registered holders of the tenements are
Regis Resources Ltd and Duketon Resources Pty Ltd (100% subsidiary of Regis
settings. Resources). There are no registered Native Title Claims.
The security of the tenure held at the time of reporting along with McPhillamys
any known impediments to obtaining a licence to operate in the The McPhillamys deposit is located on the recently granted tenement EL5760
area. granted in 2000., Lease area = 11,760Ha. Current registered holder of the
tenement is LFB Resources NL (100% subsidiary of Regis Resources). Normal
NSW state royalties apply. There are no registered Native Title Claims.
Exploration
done by other
parties		 Acknowledgment and appraisal of exploration by other parties. Tooheys Well:
Minor amounts of drilling by Ashton and Johnsons Well Mining was completed
although it was mainly shallow and not extensive enough to properly define the
mineralisation.
McPhillamys
Resource development drilling conducted by Newmont and then Alkane
Resources in the 1990’s
Geology Deposit type, geological setting and style of mineralisation. Tooheys Well:
The gold mineralisation is hosted in a vertical dipping North-South trending
Banded Iron Formation (BIF). Gold mineralisation is associated with sulphides
(Pyrrhotite) replacing magnetite in the BIF. Weathering depths vary from 20m to
70m vertical depth.
McPhillamys
The McPhillamys gold deposit is hosted in Silurian aged sheared intermediate
volcaniclastic rocks in the Lachlan Fold Belt. Gold mineralisation is associated with
strongly sheared volcaniclastics with strong quartz-carbonate-sericite-pyrite-
pyrrhotite alteration. The gold mineralisation trends roughly north-south over a
strike distance of 800m and dips steeply east at 70º to 80º.

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Criteria JORC Code explanation Commentary
Drill hole A summary of all information material to the understanding of the Refer to body of announcement.
Information exploration results including a tabulation of the following information
for all Material drill holes:
easting and northing of the drill hole collar
elevation or RL (Reduced Level – elevation above sea level in
metres) 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 the
information is not Material and this exclusion does not detract from
the understanding of the report, the Competent Person should
clearly explain why this is the case.
Data In reporting Exploration Results, weighting averaging techniques, Tooheys Well:
aggregation maximum and/or minimum grade truncations (e.g. cutting of high Reported intercepts include a minimum of 0.5 g/t Au value over a minimum
methods grades) and cut-off grades are usually Material and should be distance of 1m with a maximum 2m consecutive internal waste. No upper cuts
stated. have been applied.
Where aggregate intercepts incorporate short lengths of high grade
results and longer lengths of low grade results, the procedure used
for such aggregation should be stated and some typical examples
of such aggregations should be shown in detail.		 McPhillamys:
Reported intercepts include a minimum of 0.4 g/t Au value over a minimum
distance of 1m with a maximum 6m consecutive internal waste. No upper cuts
The assumptions used for any reporting of metal equivalent values have been applied.
should be clearly stated.
Relationship
between
_mineralization _		 These relationships are particularly important in the reporting of
Exploration Results.		 Tooheys Well:
The Tooheys Well drill holes were drilled at -60º to 270° and the mineralised zone
is moderately east dipping. The intercepts reported are close to true width.

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Criteria JORC Code explanation Commentary
widths and
intercept
lengths		 If the geometry of the mineralisation with respect to the drill hole
angle is known, its nature should be reported.
If it is not known and only the down hole lengths are reported, there		 McPhillamys:
The holes at were drilled at -60º to 270° and the mineralised zone is steeply east
dipping. The intercepts reported can overstate true widths.
should be a clear statement to this effect (e.g. ‘down hole length,
true width not known’).
Diagrams Appropriate maps and sections (with scales) and tabulations of Refer to the body of the announcement.
intercepts should be included for any significant discovery being
reported These should include, but not be limited to a plan view of
drill hole collar locations and appropriate sectional views.
Balanced Where comprehensive reporting of all Exploration Results is not A list of all holes drilled during the quarter attached.
reporting practicable, representative reporting of both low and high grades
and/or widths should be practiced to avoid misleading reporting of
Exploration Results.
Other
substantive		 Other exploration data, if meaningful and material, should be
reported including (but not limited to): geological observations;		 Tooheys Well:
No other material exploration data to report.
exploration geophysical survey results; geochemical survey results; bulk McPhillamys:
data samples – size and method of treatment; metallurgical test results;
bulk density, groundwater, geotechnical and rock characteristics;
potential deleterious or contaminating substances.		 The McPhillamys diamond holes were also utilised for bulk density measurements.
Geotechnical logging is in progress for determining ground conditions for open pit
mining.
Further work The nature and scale of planned further work (e.g. tests for lateral
extensions or depth extensions or large-scale step-out drilling).		 Tooheys Well:
Extensional drilling will continue in the June 2017 quarter to determine the
continuity of gold mineralisation in the eastern shear zone to the south and north.
McPhillamys:
Drilling will continue during the June 2017 quarter.
Diagrams clearly highlighting the areas of possible extensions, See diagrams in main text
including the main geological interpretations and future drilling
areas, provided this information is not commercially sensitive.

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APPENDIX 2

Bella Well Collar Location Intersection >1.0ppm Au and >1g/t Au*m
Hole ID
X
Y
Z
Total
Depth
(m)		 From
(m)
To
(m)
Interval
(m)
Au
(ppm)
RRLBELAC004
6949214.48 412331.06
542.25
102		 81
84
3
4.02
Bandya Collar Location Intersection >1.0ppm Au and >1g/t Au*m
Hole ID
X
Y
Z
Total
Depth
(m)		 From
(m)
To
(m)
Interval
(m)
Au
(ppm)
RRLBNDRC003 6932525.77 421580.48
515.6
126		 84
86
2
2.13
RRLBNDRC007 6932931.34 421525.11
514.55
120		 102
103
1
2.61
McPhillamys Collar Location Intersection >1.0ppm Au and >1g/t Au*m
Hole ID
X
Y
Z
Total
Depth
(m)		 From
(m)
To
(m)
Interval
(m)
Au
(ppm)
RRLMPDD093
6292779.97 715870.78
931.64
200.8
RRLMPDD093		 101
102
1
1.05
111
112
1
1.25
RRLMPDD102
6292455.14
715826
949.14
400.1
RRLMPDD102		 6
6.5
0.5
1.47
19
21.5
2.5
1.22
RRLMPDD104
6292077.94 715967.54
965.39
300.1
RRLMPDD104
RRLMPDD104
RRLMPDD104
RRLMPDD104
RRLMPDD104
RRLMPDD104		 124
130
6
1.4
155
161
6
3.04
167
168
1
1.11
193
194
1
1.9
220
221
1
1.41
286
288
2
6.08
291
292
1
3.07
RRLMPDD105
6292191.5
715886.35
977.01
400.2
RRLMPDD105
RRLMPDD105
RRLMPDD105
RRLMPDD105
RRLMPDD105
RRLMPDD105
RRLMPDD105		 18
18.5
0.5
1.09
21
23.5
2.5
1.79
38.5
39
0.5
1.09
112
113
1
1.28
200
202
2
1.45
232
234
2
1.04
236
237
1
1.3
250
251
1
1.08
RRLMPDD106
6292153.27
715934.3
976.74
302.6
RRLMPDD106
RRLMPDD106
RRLMPDD106		 40
41
1
1.22
46
50
4
1.11
190
193
3
1.8
246
247
1
1.09
RRLMPDD107
6292603.76 715882.07
948.61
210.8
RRLMPDD107
RRLMPDD107
RRLMPDD107
RRLMPDD107		 8
9
1
1.77
13
13.5
0.5
1.02
14.5
15
0.5
1.2
19
19.5
0.5
1.7
26.5
27
0.5
1.82

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RRLMPDD107
RRLMPDD107
RRLMPDD107
RRLMPDD107		 29.5
30
0.5
1.27
62
63
1
1.71
66
67
1
1.03
124
125
1
1.22
RRLMPDD108
6292402.01 715947.27
965
371.2
RRLMPDD108
RRLMPDD108
RRLMPDD108
RRLMPDD108
RRLMPDD108
RRLMPDD108
RRLMPDD108		 54
55
1
1.88
65
66
1
1.14
104
105
1
1.31
132
138
6
1.12
145
146
1
1.67
156
157
1
1.66
175
176
1
1.02
200
210
10
1.27
RRLMPDD109
6292504.01 715945.22
957.86
350.8
RRLMPDD109
RRLMPDD109
RRLMPDD109
RRLMPDD109
RRLMPDD109		 45
46
1
1.34
53
54
1
2.69
87
90
3
1.38
106
108
2
4.72
140
141
1
1.01
194
196
2
3.24
RRLMPDD110
6292306.87 715981.97
969.31
469.6
RRLMPDD110
RRLMPDD110
RRLMPDD110
RRLMPDD110
RRLMPDD110
RRLMPDD110
RRLMPDD110
RRLMPDD110
RRLMPDD110
RRLMPDD110
RRLMPDD110
RRLMPDD110
RRLMPDD110
RRLMPDD110
RRLMPDD110
RRLMPDD110
RRLMPDD110
RRLMPDD110
RRLMPDD110
RRLMPDD110
RRLMPDD110
RRLMPDD110
RRLMPDD110		 18
18.5
0.5
1.4
25
26
1
1.17
88
89
1
1.05
90
91
1
1.41
104
106
2
1.58
126
127
1
1.45
130
131
1
1.47
139
146
7
4.31
150
155
5
1.29
167
190
23
4.09
194
200
6
1.41
204
209
5
1.14
244
245
1
2.76
252
262
10
1.35
265
266
1
1.28
272
273
1
1.14
277
281
4
1.08
284
290
6
1.09
293
294
1
1.04
298
304
6
1.21
307
308
1
1.81
311
318
7
1.25
326
327
1
1.77
331
353
22
2.39
RRLMPDD111
6292352.12 715949.26
968.45
365.8
RRLMPDD111
RRLMPDD111		 10.5
11
0.5
1.38
48
49
1
5.66
53
54
1
1.41

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RRLMPDD111
RRLMPDD111
RRLMPDD111
RRLMPDD111
RRLMPDD111
RRLMPDD111
RRLMPDD111
RRLMPDD111
RRLMPDD111
RRLMPDD111		 72
76
4
1.34
100
101
1
1.2
153
161
8
1.34
165
188
23
1.93
195
196
1
2.45
199
200
1
2.19
208
209
1
1.59
229
231
2
1.6
251
252
1
1.35
268
270
2
4.95
RRLMPDD112
6292529.29 715947.35
955.61
330.5
RRLMPDD112
RRLMPDD112
RRLMPDD112
RRLMPDD112
RRLMPDD112
RRLMPDD112
RRLMPDD112
RRLMPDD112
RRLMPDD112
RRLMPDD112
RRLMPDD112
RRLMPDD112
RRLMPDD112		 18.5
19
0.5
1.09
35
36
1
1.44
55
56
1
2.41
66
67
1
1.42
71
73
2
1.98
85
87
2
1.92
108
109
1
1.69
117
118
1
1.19
132
133
1
1.29
140
141
1
1.94
153
155
2
1.23
158
159
1
4.03
203
204
1
1.16
209
210
1
1.87
RRLMPDD113
6292505.37 716000.79
956.92
458.8
RRLMPDD113
RRLMPDD113
RRLMPDD113
RRLMPDD113
RRLMPDD113
RRLMPDD113
RRLMPDD113
RRLMPDD113
RRLMPDD113
RRLMPDD113
RRLMPDD113
RRLMPDD113
RRLMPDD113
RRLMPDD113
RRLMPDD113		 70
71
1
3.34
154
156
2
1.52
161
162
1
1.04
198
199
1
1.36
204
206
2
3.5
226
227
1
1.22
233
236
3
1.58
239
251
12
2.16
254
255
1
2.29
258
259
1
1.22
264
265
1
2.19
277
292
15
1.25
296
299
3
1.72
302
306
4
1.97
315
319
4
3.02
322
323
1
1.42
RRLMPDD114
6292303.34 716045.96
961.26
556.9
RRLMPDD114
RRLMPDD114
RRLMPDD114
RRLMPDD114		 120
121
1
1.29
123
124
1
1.01
139
144
5
1.85
188
200
12
1.85
203
222
19
1.16

Page 31

Quarterly Report to 31 March 2017

==> picture [124 x 37] intentionally omitted <==

RRLMPDD114
RRLMPDD114
RRLMPDD114
RRLMPDD114
RRLMPDD114
RRLMPDD114
RRLMPDD114
RRLMPDD114
RRLMPDD114
RRLMPDD114
RRLMPDD114
RRLMPDD114
RRLMPDD114
RRLMPDD114
RRLMPDD114		 229
231
2
1.66
244
246
2
2.17
275
276
1
1.03
288
303
15
1.76
308
312
4
1.24
315
316
1
2.01
321
337
16
1.17
344
345
1
1.18
348
349
1
1.11
351
352
1
1.31
357
358
1
1.15
361
366
5
1.15
392
393
1
1.27
405
413
8
3.29
447
448
1
1.8
RRLMPDD115
6292402.85 716007.82
963.72
488.5
RRLMPDD115
RRLMPDD115
RRLMPDD115
RRLMPDD115
RRLMPDD115
RRLMPDD115
RRLMPDD115
RRLMPDD115
RRLMPDD115
RRLMPDD115
RRLMPDD115
RRLMPDD115
RRLMPDD115
RRLMPDD115
RRLMPDD115
RRLMPDD115
RRLMPDD115
RRLMPDD115
RRLMPDD115
RRLMPDD115		 76
77
1
5.42
141
145
4
1.03
158
162
4
2.76
165
171
6
6.09
182
185
3
1.31
191
192
1
1.68
197
208
11
2.53
211
229
18
1.38
232
253
21
1.72
260
262
2
1.38
268
269
1
1.12
276
282
6
1.21
285
288
3
1.73
293
297
4
2.42
300
302
2
1.07
307
308
1
1.06
330
332
2
1.53
349
350
1
1.07
351
352
1
1.24
358
359
1
1.19
380
381
1
2.56
RRLMPDD116
6292298.85 715834.97
964.57
380.2
RRLMPDD116
RRLMPDD116
RRLMPDD116
RRLMPDD116
RRLMPDD116
RRLMPDD116
RRLMPDD116
RRLMPDD116		 27.5
28.5
1
1.26
72
79
7
2.18
99
100
1
1.07
107
119
12
1.36
122
131
9
1.4
140
142
2
1.16
146
154
8
1.74
161
174
13
4.59
180
181
1
1.23

Page 32

Quarterly Report to 31 March 2017

==> picture [124 x 37] intentionally omitted <==

RRLMPDD116
RRLMPDD116
RRLMPDD116
RRLMPDD116		 190
191
1
1.01
203
204
1
7.72
209
210
1
1.16
356
357
1
1.88
RRLMPDD117
6292578.67 715759.78
938.25
380.3		 141
142
1
1.07
RRLMPDD118
6292403.85 716065.63
959.44
605
RRLMPDD118
RRLMPDD118
RRLMPDD118
RRLMPDD118
RRLMPDD118
RRLMPDD118
RRLMPDD118
RRLMPDD118
RRLMPDD118
RRLMPDD118
RRLMPDD118
RRLMPDD118
RRLMPDD118
RRLMPDD118
RRLMPDD118
RRLMPDD118
RRLMPDD118
RRLMPDD118
RRLMPDD118
RRLMPDD118
RRLMPDD118
RRLMPDD118		 213
215
2
2.5
221
225
4
1.19
228
230
2
13.01
233
234
1
1.23
238
240
2
1.31
248
258
10
1.73
265
267
2
1.37
278
280
2
1.7
288
292
4
1.8
305
316
11
2.45
320
329
9
1.78
335
339
4
1.37
343
346
3
1.07
353
355
2
2.19
359
369
10
1.72
373
374
1
1.8
377
378
1
1.05
382
388
6
1.45
396
400
4
1.69
413
416
3
2.98
424
425
1
1.85
430
435
5
4.63
440
443
3
6.18
RRLMPDD119
6292354.93 716015.69
964.71
490.4
RRLMPDD119
RRLMPDD119
RRLMPDD119
RRLMPDD119
RRLMPDD119
RRLMPDD119
RRLMPDD119
RRLMPDD119
RRLMPDD119
RRLMPDD119
RRLMPDD119
RRLMPDD119
RRLMPDD119
RRLMPDD119
RRLMPDD119
RRLMPDD119		 10
11
1
1.28
53
54
1
1.32
87
89
2
2.31
143
144
1
5.12
195
199
4
1.57
215
216
1
1.26
226
235
9
2.89
241
243
2
1.55
247
268
21
3.48
271
274
3
1.66
277
280
3
7.41
284
287
3
1.06
290
291
1
1.38
301
302
1
2.51
321
324
3
1.94
328
329
1
1.09
334
335
1
1.73

Page 33

Quarterly Report to 31 March 2017

==> picture [124 x 37] intentionally omitted <==

RRLMPDD119
RRLMPDD119
RRLMPDD119
RRLMPDD119
RRLMPDD119		 339
340
1
1.09
343
352
9
2.29
361
362
1
1.07
370
376
6
3.21
383
384
1
1.14
RRLMPDD121
6292500.93 715878.08
953.45
245.8		 68
69
1
1.39
RRLMPDD122
6292353.69 716070.11
958.68
599.7
RRLMPDD122
RRLMPDD122
RRLMPDD122
RRLMPDD122
RRLMPDD122
RRLMPDD122
RRLMPDD122
RRLMPDD122
RRLMPDD122
RRLMPDD122
RRLMPDD122
RRLMPDD122
RRLMPDD122
RRLMPDD122
RRLMPDD122
RRLMPDD122
RRLMPDD122
RRLMPDD122
RRLMPDD122
RRLMPDD122		 138
141
3
1.13
168
169
1
1.76
179
180
1
6.13
231
232
1
1.5
252
266
14
2.17
273
274
1
1.06
280
327
47
3.23
330
339
9
2.65
346
347
1
1.53
352
359
7
1.27
366
368
2
1.2
377
379
2
1.64
387
388
1
1.23
391
405
14
1.97
409
412
3
1.08
419
420
1
2.24
431
435
4
1.1
440
441
1
4.87
447
448
1
1
451
466
15
3.87
469
470
1
1.09
RRLMPDD124
6292430.95 715965.63
963.24
387.6
RRLMPDD124
RRLMPDD124
RRLMPDD124
RRLMPDD124
RRLMPDD124
RRLMPDD124
RRLMPDD124
RRLMPDD124
RRLMPDD124
RRLMPDD124
RRLMPDD124		 70
71
1
10.5
157
158
1
1.33
162
163
1
9.31
172
176
4
2.25
184
187
3
1.56
192
206
14
1.74
215
217
2
4.57
231
232
1
2.8
251
253
2
1.26
257
258
1
1.15
265
266
1
3.77
302
303
1
1.18
RRLMPDD125
6292379.92 716008.03
964.64
511.9
RRLMPDD125
RRLMPDD125
RRLMPDD125
RRLMPDD125
RRLMPDD125		 167
168
1
1.02
194
195
1
2.71
235
249
14
5.26
253
264
11
1.43
277
283
6
1.13
286
294
8
2.83

Page 34

Quarterly Report to 31 March 2017

==> picture [124 x 37] intentionally omitted <==

RRLMPDD125
RRLMPDD125
RRLMPDD125
RRLMPDD125
RRLMPDD125
RRLMPDD125
RRLMPDD125
RRLMPDD125
RRLMPDD125		 297
309
12
1.48
315
316
1
1.03
322
337
15
4.11
340
354
14
2.95
358
369
11
1.44
377
378
1
3.54
381
382
1
1.22
385
392
7
4.7
412
414
2
1.77
RRLMPDD126
6292459.48 715876.71
954.17
191
RRLMPDD126
RRLMPDD126
RRLMPDD126
RRLMPDD126
RRLMPDD126		 8.5
9
0.5
2.71
14.5
34.5
20
1.11
39
43
4
3.53
47
48
1
1.06
53
54
1
27.3
64
69
5
1.54
RRLMPDD127
6292430.19
716044.2
960.31
544.3
RRLMPDD127
RRLMPDD127
RRLMPDD127
RRLMPDD127
RRLMPDD127
RRLMPDD127
RRLMPDD127
RRLMPDD127
RRLMPDD127
RRLMPDD127
RRLMPDD127
RRLMPDD127
RRLMPDD127
RRLMPDD127
RRLMPDD127		 59
60
1
2.53
125
126
1
1.44
130
131
1
1.43
177
178
1
4.69
211
212
1
3.07
215
216
1
1.67
220
224
4
1.04
240
241
1
1.13
250
261
11
1.39
268
301
33
1.95
307
318
11
1.83
322
323
1
1.02
331
333
2
1.2
344
346
2
1.27
352
355
3
1.46
373
384
11
1.63
RRLMPDD128
6292400.27 715828.97
954.97
155.7
RRLMPDD128		 15
20.6
5.6
2.78
61
62
1
1.12
RRLMPDD129
6292400.08 715883.37
960.45
241.3
RRLMPDD129
RRLMPDD129
RRLMPDD129
RRLMPDD129		 14
16
2
4.36
44
46
2
2.19
58
59
1
5.26
83
84
1
1.04
129
130
1
1.08
RRLMPDD130
6292477.31 715950.23
959.91
297.2
RRLMPDD130
RRLMPDD130
RRLMPDD130
RRLMPDD130
RRLMPDD130
RRLMPDD130		 92
93
1
16.45
96
99
3
1.75
105
108
3
1.14
118
121
3
3.31
127
130
3
1.01
140
144
4
2.17
148
151
3
1.53

Page 35

Quarterly Report to 31 March 2017

==> picture [124 x 37] intentionally omitted <==

RRLMPDD130
RRLMPDD130
RRLMPDD130
RRLMPDD130
RRLMPDD130		 154
157
3
2.48
160
164
4
1.25
169
176
7
1.5
182
191
9
1.64
202
206
4
6.78
RRLMPDD131
6292381.8
716113.59
954.73
664.1
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131
RRLMPDD131		 273
274
1
3.36
280
281
1
1.2
283
284
1
1.04
287
290
3
1.84
302
303
1
2.73
308
322
14
1.88
327
340
13
3.22
344
345
1
1.56
352
392
40
1.95
427
433
6
1.76
437
438
1
1.35
441
442
1
1.04
452
453
1
1.01
480
484
4
1.83
490
498
8
1.34
509
510
1
1
516
519
3
2.11
522
530
8
1.26
534
535
1
1.27
536
537
1
1
542
543
1
1.95
546
550
4
1.76
560
561
1
1.18
569
570
1
1.17
580
581
1
1.7
586
591
5
1.05
606
615
9
1.52
620
621
1
1.23
RRLMPDD132
6292426.41 715836.59
953.57
170.9
RRLMPDD132
RRLMPDD132
RRLMPDD132
RRLMPDD132		 4.5
5
0.5
1.05
8.5
9.5
1
1.09
21.5
25
3.5
1.35
29
32
3
1.6
32.5
41.5
9
3.58
RRLMPDD133
6292430.07 716141.45
953.98
746.9
RRLMPDD133
RRLMPDD133
RRLMPDD133
RRLMPDD133
RRLMPDD133
RRLMPDD133		 309
310
1
1.02
314
316
2
2.26
359
367
8
1.35
385
386
1
3.24
402
406
4
1.42
413
414
1
1.97
417
418
1
1.9

Page 36

Quarterly Report to 31 March 2017

==> picture [124 x 37] intentionally omitted <==

RRLMPDD133
RRLMPDD133
RRLMPDD133
RRLMPDD133
RRLMPDD133
RRLMPDD133
RRLMPDD133
RRLMPDD133
RRLMPDD133		 431
432
1
1.2
447
449
2
1.46
453
471
18
2.97
483
505
22
2.03
509
535
26
2.75
567
569
2
2.06
600
601
1
1.87
610
619
9
1.24
631
635
4
1.05
RRLMPDD134
6292479.69 716071.34
955.73
627.6
RRLMPDD134
RRLMPDD134		 198
199
1
1.28
209
211
2
1.67
239
240
1
1.33
Tooheys Well Collar Location Intersection >1.0ppm Au and >1g/t Au*m
Hole ID
X
Y
Z
Total
Depth
(m)		 From
(m)
To
(m)
Interval
(m)
Au
(ppm)
RRLTWRC102
6909139.69 437838.14
506.82
223
RRLTWRC102		 167
168
1
1.05
173
174
1
1.4
RRLTWRC218
6909618.05 437798.09
507.69
144
RRLTWRC218
RRLTWRC218
RRLTWRC218
RRLTWRC218		 54
57
3
1.83
89
90
1
2.34
96
97
1
1.68
98
99
1
1.18
123
125
2
2.09
RRLTWRC219
6909617.02 437839.29
507.98
174
RRLTWRC219
RRLTWRC219
RRLTWRC219		 61
62
1
1.46
77
78
1
2.64
99
100
1
2.46
148
154
6
1
RRLTWRC255
6909615.94 437922.36
508.32
126
RRLTWRC255		 107
108
1
1.58
112
114
2
1.41
RRLTWRC257
6909575.32 437719.66
507.02
114		 56
57
1
1.21
RRLTWRC259
6909499.1
437845.97
508.41
108
RRLTWRC259
RRLTWRC259
RRLTWRC259		 43
45
2
1.07
48
49
1
9.28
53
55
2
1.07
104
105
1
1.02
RRLTWRC261
6909480.77 437741.63
507.06
128
RRLTWRC261		 56
57
1
1.12
66
67
1
3.74
RRLTWRC262
6909480.23 437761.54
507.53
96		 54
55
1
3.49
RRLTWRC263
6909480.88 437779.72
507.94
138
RRLTWRC263		 50
52
2
3.34
113
114
1
1.04
RRLTWRC264
6909480.75 437802.92
508.31
156
RRLTWRC264		 55
56
1
1.08
91
106
15
4.62
RRLTWRC265
6909480.35 437823.54
508.38
180
RRLTWRC265
RRLTWRC265		 53
54
1
1.9
57
58
1
1.28
104
109
5
2.06
RRLTWRC266
6909480.48 437901.36
508.54
138		 96
97
1
1.6

Page 37

Quarterly Report to 31 March 2017

==> picture [124 x 37] intentionally omitted <==

RRLTWRC267
6909538.61 437893.98
508.4
282
RRLTWRC267		 74
75
1
1
250
251
1
1.05
RRLTWRC268
6909439
437918.95
508.62
294
RRLTWRC268
RRLTWRC268
RRLTWRC268
RRLTWRC268
RRLTWRC268
RRLTWRC268
RRLTWRC268		 76
77
1
1.22
84
85
1
1
225
226
1
1.75
243
246
3
2.28
252
255
3
1.13
258
261
3
2.52
267
271
4
2.2
282
284
2
2.53
RRLTWRC269
6909439.78 437881.56
508.46
264
RRLTWRC269
RRLTWRC269
RRLTWRC269
RRLTWRC269
RRLTWRC269
RRLTWRC269
RRLTWRC269		 54
58
4
1.04
67
69
2
1.11
114
115
1
4.22
165
171
6
2.3
175
177
2
1.45
186
187
1
2.12
190
202
12
2.28
205
208
3
1.73
RRLTWRC270
6908942.05 437698.37
513.07
72		 11
12
1
1.17
RRLTWRC271
6908944.34 437734.49
511.25
120		 66
67
1
2.63
RRLTWRC274
6908980.49 437756.11
509.3
138		 119
121
2
2.67
RRLTWRC275
6909101.82 437761.92
505.34
150		 135
142
7
1.52
RRLTWRC276
6909119.77 437706.99
506.51
108
RRLTWRC276		 55
56
1
1.01
62
68
6
2.27
RRLTWRC279
6909141.08 437743.84
504.46
144		 102
103
1
1.13
RRLTWRC280
6909141.01 437784.44
505.32
180
RRLTWRC280		 125
126
1
2.29
132
133
1
1.65
RRLTWRC281
6909200.6
437829.57
506.73
96
RRLTWRC281
RRLTWRC281		 3
4
1
1.3
8
9
1
1.18
63
64
1
2.42
RRLTWRC282
6909199.56 437891.98
507.25
123
RRLTWRC282		 112
114
2
3.87
118
123
5
2.3
RRLTWRC283
6909198.73 437909.46
507.16
164
RRLTWRC283
RRLTWRC283
RRLTWRC283
RRLTWRC283
RRLTWRC283
RRLTWRC283
RRLTWRC283
RRLTWRC283		 53
54
1
1.9
58
59
1
1.46
72
76
4
2.21
108
109
1
1.19
120
121
1
1.93
125
126
1
1.48
131
135
4
1.38
139
149
10
1.05
151
164
13
3.04
RRLTWRC284
6909741.16 437716.43
504.83
102
RRLTWRC284
RRLTWRC284		 31
34
3
1.29
45
50
5
2.56
54
55
1
2.35
RRLTWRC285
6909699
437720.08
505.58
120		 43
48
5
3.45

Page 38

Quarterly Report to 31 March 2017

==> picture [124 x 37] intentionally omitted <==

RRLTWRC286
6909640
437740
507
136
RRLTWRC286
RRLTWRC286		 55
56
1
2.18
118
119
1
4.66
127
128
1
1.61
RRLTWRC287
6909640
437760
507
156
RRLTWRC287
RRLTWRC287
RRLTWRC287		 64
65
1
1.13
72
80
8
1.94
131
132
1
1.71
142
143
1
1.36
RRLTWRC288
6909600
437700
506
76
RRLTWRC288		 48
50
2
4.17
67
68
1
1.02
RRLTWRC289
6909600
437720
508
82
RRLTWRC289		 19
20
1
1.68
46
47
1
1.81
RRLTWRC291
6909239.85 437829.75
507.15
123
RRLTWRC291		 54
65
11
2.14
72
73
1
1.29
RRLTWRC293
6909317.22 437752.43
506.2
123
RRLTWRC293		 51
52
1
1.43
122
123
1
3.6
RRLTWRC294
6909317.56 437775.13
506.6
135
RRLTWRC294
RRLTWRC294		 12
16
4
3.23
46
47
1
1.69
98
99
1
1.42
RRLTWRC296
6909318.33 437814.88
507.4
69		 58
69
11
3.96
RRLTWRC297
6909319.12 437893.91
508.4
278
RRLTWRC297
RRLTWRC297
RRLTWRC297
RRLTWRC297
RRLTWRC297
RRLTWRC297
RRLTWRC297
RRLTWRC297		 49
54
5
2.26
57
59
2
1.16
119
128
9
1.36
132
136
4
1.23
169
170
1
1.34
176
186
10
2.77
198
202
4
1.94
205
214
9
1.95
217
227
10
2.22
RRLTWRC298
6909318.27 437915.09
508.42
293
RRLTWRC298
RRLTWRC298
RRLTWRC298
RRLTWRC298
RRLTWRC298
RRLTWRC298
RRLTWRC298
RRLTWRC298		 53
54
1
5.59
61
62
1
1.58
142
144
2
1.94
186
187
1
1.1
191
193
2
1.39
205
211
6
1.87
215
216
1
1.09
228
256
28
1.55
260
263
3
1.45
RRLTWRC299
6909279.56 437842.49
507.6
245
RRLTWRC299
RRLTWRC299		 56
62
6
1.73
72
106
34
3.58
216
217
1
1.46
RRLTWRC300
6909276.57 437920.74
507.99
319
RRLTWRC300
RRLTWRC300
RRLTWRC300
RRLTWRC300		 51
53
2
2.6
60
61
1
2.54
137
138
1
1.5
146
155
9
1.2
188
243
55
2.44

Page 39

Quarterly Report to 31 March 2017

==> picture [124 x 37] intentionally omitted <==

RRLTWRC300
RRLTWRC300		 282
288
6
2.51
292
293
1
1.05
RRLTWRC301
6909319.07 437854.65
507.9
185
RRLTWRC301
RRLTWRC301
RRLTWRC301
RRLTWRC301
RRLTWRC301
RRLTWRC301
RRLTWRC301
RRLTWRC301		 41
42
1
3.06
57
70
13
2.9
73
81
8
1.69
85
99
14
2.32
102
110
8
1.71
119
122
3
1.48
127
143
16
2.91
151
152
1
1.06
172
174
2
1.35
RRLTWRC302
6909318.73 437834.27
507.75
239
RRLTWRC302
RRLTWRC302
RRLTWRC302
RRLTWRC302
RRLTWRC302		 54
58
4
2.66
63
70
7
5.08
76
86
10
2.39
90
92
2
5.45
95
109
14
2.05
115
117
2
3.18
RRLTWRC303
6909319.41 437876.33
508.43
227
RRLTWRC303
RRLTWRC303
RRLTWRC303
RRLTWRC303
RRLTWRC303
RRLTWRC303		 92
93
1
1.1
101
103
2
1.2
107
112
5
1.65
117
123
6
3.36
126
127
1
1.34
136
139
3
2.76
150
173
23
2.83
RRLTWRC304
6909241.85 437871.89
507.52
197
RRLTWRC304
RRLTWRC304
RRLTWRC304		 71
73
2
1.2
77
78
1
1.21
92
133
41
1.9
164
165
1
1.32
RRLTWRC305
6909239.14 437888.76
507.6
190
RRLTWRC305
RRLTWRC305
RRLTWRC305
RRLTWRC305
RRLTWRC305
RRLTWRC305
RRLTWRC305		 54
55
1
2.63
71
72
1
1.75
97
100
3
5.58
106
109
3
1.01
112
116
4
1.55
121
126
5
2.15
131
154
23
2.51
178
182
4
2.02
RRLTWRC306
6909240
437910
506
306
RRLTWRC306
RRLTWRC306
RRLTWRC306
RRLTWRC306
RRLTWRC306		 105
110
5
1.05
122
123
1
1.07
151
194
43
2.21
197
214
17
2.72
219
226
7
1.27
266
273
7
2.24
RRLTWRC308
6909199.39
437811.2
506.34
83		 46
47
1
1.81
RRLTWRC309
6909199.19
437931.9
507.04
303
RRLTWRC309		 52
53
1
2.03
80
81
1
1.06

Page 40

Quarterly Report to 31 March 2017

==> picture [124 x 37] intentionally omitted <==

RRLTWRC309
RRLTWRC309
RRLTWRC309
RRLTWRC309
RRLTWRC309
RRLTWRC309
RRLTWRC309
RRLTWRC309
RRLTWRC309
RRLTWRC309
RRLTWRC309		 85
86
1
1.65
96
97
1
1.03
138
140
2
1.25
164
165
1
1.04
172
174
2
1.13
182
192
10
2.68
196
211
15
2.79
224
236
12
3.22
241
242
1
1.8
245
250
5
1.59
256
267
11
1.24
RRLTWRC311
6909397.75 437879.29
508.53
263
RRLTWRC311
RRLTWRC311
RRLTWRC311
RRLTWRC311		 58
63
5
2.7
100
101
1
1.06
120
125
5
1.01
160
185
25
1.58
208
209
1
1.19
RRLTWRC312
6909396.82 437897.22
508.48
298
RRLTWRC312
RRLTWRC312
RRLTWRC312
RRLTWRC312
RRLTWRC312		 43
44
1
1.1
45
46
1
1.01
74
75
1
1.29
220
243
23
2.85
248
258
10
1.53
274
283
9
1.47
RRLTWRC313
6909239.51 437848.91
507.38
248
RRLTWRC313
RRLTWRC313
RRLTWRC313
RRLTWRC313
RRLTWRC313
RRLTWRC313		 52
53
1
1.92
56
62
6
1.35
67
75
8
1.96
78
83
5
1.77
87
90
3
2.36
97
100
3
1.67
222
223
1
1.46
RRLTWRC314
6909238.78 437869.08
507.5
78
RRLTWRC314		 59
61
2
2.7
74
75
1
1.79
RRLTWRC315
6909237.27 437928.56
507.62
128		 53
55
2
2.48
RRLTWRC319
6909679.02 437700.14
506
113
RRLTWRC319		 7
10
3
1.6
70
72
2
2.72
RRLTWRC320
6909679.67 437717.53
505.94
123		 45
46
1
2.12
RRLTWRC321
6909678.98 437739.21
506.06
138
RRLTWRC321		 51
62
11
3.14
88
89
1
1.05
RRLTWRC322
6909680.53 437757.66
506.34
153
RRLTWRC322
RRLTWRC322		 78
80
2
1.05
123
125
2
1.67
148
149
1
1.26
RRLTWRC324
6909640.23 437698.24
505.7
103
RRLTWRC324
RRLTWRC324		 5
7
2
2.51
64
66
2
1.75
71
72
1
1.32
RRLTWRC325
6909639.19 437720.66
506.33
123
RRLTWRC325		 34
35
1
1.18
41
48
7
3.03

Page 41

Quarterly Report to 31 March 2017

==> picture [124 x 37] intentionally omitted <==

RRLTWRC325 95
101
6
1.33
RRLTWRC326
6909600
437740
505
88
RRLTWRC326		 8
9
1
1.69
51
52
1
1.62
RRLTWRC327
6909600
437760
505
106		 59
76
17
3.08
RRLTWRC328
6909600
437780
505
130
RRLTWRC328
RRLTWRC328
RRLTWRC328
RRLTWRC328		 54
55
1
5.09
63
64
1
1.08
70
71
1
1.75
80
93
13
1.77
96
100
4
2.59
RRLTWRC331
6909658.56 437720.55
506.01
126
RRLTWRC331
RRLTWRC331
RRLTWRC331
RRLTWRC331		 38
39
1
2.62
43
47
4
3.45
59
60
1
1
93
94
1
1.45
96
97
1
1.33
RRLTWRC332
6909659.06 437758.81
506.63
150
RRLTWRC332
RRLTWRC332
RRLTWRC332
RRLTWRC332		 60
61
1
1.14
70
72
2
1.68
75
78
3
1.29
125
126
1
1.22
142
145
3
1.19
RRLTWRC333
6909379.8
437677.7
504.32
84		 62
63
1
1.46
RRLTWRC334
6909379.79 437698.91
504.73
96
RRLTWRC334		 46
47
1
1.02
69
70
1
1.43
RRLTWRC335
6909379.76 437719.13
505.21
114
RRLTWRC335		 89
90
1
1.03
93
94
1
5.91
RRLTWRC336
6909379.14 437739.11
505.63
126		 77
78
1
1.06
RRLTWRC339
6909361.91 437758.39
505.92
150
RRLTWRC339		 9
11
2
4.26
133
134
1
2.23
RRLTWRC340
6909363.85 437799.84
507.01
150
RRLTWRC340		 55
74
19
4.72
79
80
1
1.34
RRLTWRC341
6909360.93 437839.75
508.03
126
RRLTWRC341
RRLTWRC341
RRLTWRC341
RRLTWRC341
RRLTWRC341		 54
61
7
3.79
66
69
3
1.35
72
91
19
1.64
99
101
2
2.71
108
110
2
2.29
115
125
10
2.2
RRLTWRC342
6909360.58 437858.45
508.2
198
RRLTWRC342
RRLTWRC342
RRLTWRC342
RRLTWRC342
RRLTWRC342		 46
49
3
2.78
54
59
5
2.33
73
77
4
1.8
86
87
1
1.34
90
122
32
2.53
136
150
14
3.38
RRLTWRC343
6909359.18 437877.16
508.46
255
RRLTWRC343
RRLTWRC343
RRLTWRC343		 47
48
1
1.77
55
58
3
1.18
92
93
1
1.11
96
99
3
1.67

Page 42

Quarterly Report to 31 March 2017

==> picture [124 x 37] intentionally omitted <==

RRLTWRC343
RRLTWRC343
RRLTWRC343		 128
129
1
1.18
155
164
9
1.92
169
183
14
1.6
RRLTWRC345
6909360
437899
506
234
RRLTWRC345
RRLTWRC345
RRLTWRC345
RRLTWRC345		 61
70
9
1.51
106
107
1
1.14
108
109
1
1.08
171
205
34
3.01
211
223
12
2.26
RRLTWRC346
6909360
437960
506
378
RRLTWRC346
RRLTWRC346
RRLTWRC346
RRLTWRC346
RRLTWRC346		 118
119
1
1.16
258
259
1
1.48
264
266
2
1.89
269
270
1
1.17
280
285
5
2.11
289
318
29
2.27
RRLTWRC347
6909360
437940
506
330
RRLTWRC347
RRLTWRC347
RRLTWRC347
RRLTWRC347		 152
153
1
1.66
246
252
6
2.35
260
270
10
1.24
274
275
1
1.54
284
290
6
1.39
RRLTWRC348
6909360
437920
506
300
RRLTWRC348
RRLTWRC348
RRLTWRC348
RRLTWRC348
RRLTWRC348
RRLTWRC348		 68
72
4
5.18
75
79
4
9.82
193
194
1
1.02
207
255
48
3.31
258
262
4
3.72
272
276
4
1.86
279
283
4
1.72
RRLTWRC349
6909360
437780
506
162
RRLTWRC349		 56
57
1
1.97
120
121
1
3.68
RRLTWRC352
6909480
437723
506
103		 90
95
5
2.8
RRLTWRC353
6909400
437778
507
153
RRLTWRC353
RRLTWRC353
RRLTWRC353
RRLTWRC353		 59
63
4
2.67
68
69
1
2.1
72
73
1
1.19
77
79
2
1.27
84
87
3
1.83
RRLTWRC354
6909400
437798
507
218
RRLTWRC354
RRLTWRC354
RRLTWRC354		 58
80
22
1.66
87
93
6
1.52
117
118
1
1.4
130
133
3
1.16
RRLTWRC355
6909400
437818
507
193
RRLTWRC355
RRLTWRC355
RRLTWRC355
RRLTWRC355
RRLTWRC355		 57
63
6
4.32
68
69
1
1.03
77
97
20
1.96
103
107
4
2.37
111
112
1
1.28
133
134
1
1.61
RRLTWRC356
6909400
437838
507
213		 56
60
4
5.71

Page 43

Quarterly Report to 31 March 2017

==> picture [124 x 37] intentionally omitted <==

RRLTWRC356
RRLTWRC356
RRLTWRC356
RRLTWRC356		 70
71
1
1.28
75
87
12
1.43
106
107
1
2.89
122
134
12
2.95
RRLTWRC357
6909400
437858
507
233
RRLTWRC357
RRLTWRC357
RRLTWRC357
RRLTWRC357
RRLTWRC357
RRLTWRC357
RRLTWRC357		 53
57
4
4.42
64
65
1
1.1
67
68
1
1.2
82
83
1
1.32
98
103
5
1.95
124
126
2
7.32
139
146
7
1.74
153
157
4
3.03
RRLTWRC358
6909500
437801
508
98
RRLTWRC358		 42
43
1
1.29
89
93
4
1.37
RRLTWRC359
6909440
437790
506
173
RRLTWRC359
RRLTWRC359
RRLTWRC359
RRLTWRC359		 55
59
4
1.6
82
93
11
2.59
110
111
1
1
164
165
1
1.52
168
169
1
1.6
RRLTWRC360
6909560
437760
506
94
RRLTWRC360		 49
50
1
7.22
57
60
3
1.25
RRLTWRC362
6909520
437707
506
94
RRLTWRC362
RRLTWRC362		 45
46
1
1.09
68
69
1
1.46
79
80
1
1.03
RRLTWRC363
6909520
437727
506
112		 70
71
1
1.1
RRLTWRC364
6909520
437747
506
118		 90
91
1
1.34
RRLTWRC365
6909520
437767
506
82
RRLTWRC365		 46
50
4
3.59
65
70
5
1.18
RRLTWRC366
6909520
437787
506
100
RRLTWRC366
RRLTWRC366		 54
58
4
1.35
89
93
4
1.34
99
100
1
1.02
RRLTWRC367
6909520
437807
505
118
RRLTWRC367		 46
52
6
1.59
93
97
4
1.64
RRLTWRC368
6909700
437700
505
100
RRLTWRC368
RRLTWRC368
RRLTWRC368		 9
14
5
1.79
50
51
1
1.68
72
73
1
1.02
97
98
1
2.69
RRLTWRC370
6909420
437770
508
153
RRLTWRC370		 58
59
1
2.26
77
79
2
1.03
RRLTWRC371
6909360
437820
506
168
RRLTWRC371
RRLTWRC371
RRLTWRC371		 51
68
17
6.15
71
103
32
4.33
109
110
1
1.15
117
121
4
2.48
RRLTWRC372
6909200
437852
504
115		 69
84
15
3.53
RRLTWRC373
6909200
437872
505
153		 59
68
9
2.09

Page 44

Quarterly Report to 31 March 2017

==> picture [124 x 37] intentionally omitted <==

RRLTWRC373
RRLTWRC373
RRLTWRC373
RRLTWRC373		 93
113
20
2.06
127
130
3
1.37
140
141
1
1.1
142
143
1
1.02
RRLTWRC374
6909200
437952
505
318
RRLTWRC374
RRLTWRC374
RRLTWRC374
RRLTWRC374
RRLTWRC374
RRLTWRC374
RRLTWRC374
RRLTWRC374
RRLTWRC374
RRLTWRC374
RRLTWRC374
RRLTWRC374
RRLTWRC374		 169
170
1
1.07
173
181
8
1.38
197
198
1
1.13
200
201
1
1.19
208
209
1
1.3
210
211
1
1.04
214
215
1
1.54
219
223
4
3.2
226
245
19
1.85
248
267
19
1.7
270
271
1
1.21
289
293
4
3.07
296
303
7
3.48
306
311
5
1.38
RRLTWRC378
6909420
437920
509
163
RRLTWRC378		 81
82
1
1.16
152
153
1
2.15
RRLTWRC381
6909080
437760
509
156
RRLTWRC381		 50
51
1
1.17
132
133
1
2.4
RRLTWRC382
6909080
437740
506
162
RRLTWRC382
RRLTWRC382		 113
114
1
1.17
117
120
3
1.39
123
124
1
1.7
RRLTWRC386
6909040
437720
512
120
RRLTWRC386
RRLTWRC386		 60
65
5
1.12
68
69
1
1.06
74
75
1
1.36
RRLTWRC387
6908540
438060
507
170		 142
144
2
1.68
RRLTWRC389
6909140
437958
506
261
RRLTWRC389
RRLTWRC389
RRLTWRC389
RRLTWRC389
RRLTWRC389
RRLTWRC389
RRLTWRC389
RRLTWRC389		 156
157
1
1.02
164
165
1
1.02
168
180
12
1.23
183
195
12
1.41
207
210
3
1.94
218
244
26
2.15
247
252
5
2.27
255
256
1
1.02
259
260
1
1.06
RRLTWRC390
6909700
437740
505
142		 54
61
7
3.69
RRLTWRC391
6909700
437760
505
112		 70
72
2
1.91
RRLTWRC392
6909740
437680
505
76
RRLTWRC392		 36
39
3
4.8
72
74
2
2.09
RRLTWRC393
6909740
437754
505
136
RRLTWRC393		 82
89
7
6.73
94
95
1
1.1
RRLTWRC394
6909640
437780
507
178		 49
50
1
3.58

Page 45

Quarterly Report to 31 March 2017

==> picture [124 x 37] intentionally omitted <==

RRLTWRC394
RRLTWRC394
RRLTWRC394
RRLTWRC394
RRLTWRC394
RRLTWRC394
RRLTWRC394		 53
54
1
1.69
59
60
1
1.38
84
85
1
1.02
87
88
1
1
93
97
4
1.76
165
169
4
1.07
171
172
1
1.57
RRLTWRC396
6909560
437680
507
82		 62
63
1
1.82
RRLTWRC399
6909780
437680
505
82
RRLTWRC399		 46
47
1
1.34
61
62
1
1.14
RRLTWRC401
6909780
437720
505
124
RRLTWRC401		 42
43
1
1.54
95
96
1
6.24
RRLTWRC402
6909780
437740
505
142		 57
61
4
1.24
RRLTWRC404
6909720
437680
505
82		 42
47
5
1.38
RRLTWRC405
6909720
437700
505
82
RRLTWRC405
RRLTWRC405		 11
13
2
2.44
53
54
1
3.55
57
58
1
1.03
RRLTWRC406
6909720
437720
505
124
RRLTWRC406		 45
49
4
3.13
52
55
3
1.06
RRLTWRC407
6909720
437740
505
142		 105
106
1
1.3
RRLTWRC410
6909400
437758
507
138		 11
12
1
14.6
RRLTWRC411
6909360
437740
506
133		 102
103
1
6.96
RRLTWRC412
6909120
437760
507
143
RRLTWRC412		 119
120
1
2.6
126
127
1
1.35
RRLTWRC420
6909280
437961
508
348
RRLTWRC420
RRLTWRC420
RRLTWRC420
RRLTWRC420		 181
183
2
1.68
273
278
5
2.15
288
302
14
1.7
310
311
1
1.14
320
331
11
2.42
RRLTWRC421
6909280
437680
508
78		 73
74
1
1.1
RRLTWRC422
6909280
437720
508
78
RRLTWRC422
RRLTWRC422		 0
1
1
1.07
3
4
1
1.19
74
78
4
3.28
RRLTWRC423
6909280
437760
508
126
RRLTWRC423		 113
114
1
1.49
116
117
1
1.03
RRLTWRC430
6909640
437800
507
172
RRLTWRC430
RRLTWRC430
RRLTWRC430
RRLTWRC430		 59
62
3
4.36
65
76
11
2.26
95
96
1
3.92
100
101
1
1.86
110
111
1
1.78
RRLTWRC431
6909600
437800
507
136
RRLTWRC431
RRLTWRC431
RRLTWRC431		 54
56
2
8.28
59
63
4
2.29
67
68
1
2.66
103
111
8
1.42
RRLTWRC432
6909600
437820
507
154		 65
70
5
1.35

Page 46

Quarterly Report to 31 March 2017

==> picture [124 x 37] intentionally omitted <==

RRLTWRC432
RRLTWRC432
RRLTWRC432
RRLTWRC432
RRLTWRC432		 73
74
1
1.26
95
96
1
1.05
111
112
1
1.74
127
129
2
1.66
133
135
2
1.5
RRLTWRC433
6909600
437840
507
202
RRLTWRC433
RRLTWRC433
RRLTWRC433
RRLTWRC433
RRLTWRC433
RRLTWRC433
RRLTWRC433
RRLTWRC433
RRLTWRC433		 61
62
1
1.18
94
95
1
2.44
100
101
1
1.31
110
114
4
1.96
121
124
3
1.6
131
134
3
5.35
138
139
1
1.02
145
146
1
1.46
148
149
1
1.34
164
165
1
1.38
RRLTWRC434
6909520
437687
506
94		 58
59
1
2.7
RRLTWRC435
6909480
437703
505
94		 72
73
1
1.41

Page 47

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