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REGIS RESOURCES LIMITED Interim / Quarterly Report 2017

Jan 15, 2017

65733_rns_2017-01-15_5c1f11f9-43f6-4755-aee7-dc5eebf2aec7.pdf

Interim / Quarterly Report

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Quarterly Report to 31 December 2016

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HIGHLIGHTS

DUKETON OPERATIONS

  • Gold production for the quarter of 80,090 ounces is a run rate in the upper half of FY17 annual guidance range and the highest quarterly production since September 2014.

  • Production was 7% higher than Q1 (74,612 ounces) as grade improved at both Garden Well and Rosemont and first ore from Gloster was processed.

  • First half gold production of 154,702 ounces puts Regis on track to exceed FY16 production and in line with FY2017 annual guidance range of 300,000-330,000 ounces.

  • Pre-royalty cash cost for the quarter of $804 per ounce and all in sustaining cost of $951 per ounce (Q1: CC $850/oz & AISC $946/oz), both below the lower end of FY17 guidance.

  • Strong cash flow generation from operations continues with $64.5 million for the quarter (Q1: $59.6m).

  • Mining at the Erlistoun Project commenced during the quarter with first ore carted to the Garden Well processing plant and stockpiled at the end of the quarter.

CORPORATE

  • Cash and bullion increased by $26.6 million for the quarter to $129.7 million (Q1: $103.1 million) after the payment of $7.7 million of pre strip mining and $2.4 million of start-up capital at Gloster and Erlistoun, $2.6 million on the Rosemont cutback and $6.8 million on the extensive exploration programmes at Duketon and McPhillamys.

  • During the quarter, Regis sold 71,092 ounces of gold at an average price of A$1,719 per oz.

  • Board bolstered by the appointment of Mrs Fiona Morgan as a non-executive director.

EXPLORATION

  • Drilling programmes at both Duketon (Rosemont and Tooheys Well) and McPhillamys have returned significant intercepts of gold mineralisation.

  • Significant results from RC drilling Rosemont South (“RS”) and under the Rosemont Main Pit (“RM”) during the quarter include:

4 metres @ 82.05 g/t gold from 249m (RM) 4 metres @ 27.29 g/t gold from 162m (RS)
2 metres @ 108.5 g/t gold from 125m (RS) 13 metres @ 8.19 g/t gold from 274m (RM)
4 metres@ 33.54 g/tgold from 280m(RM) 2 metres@ 51.26g/tgold from 103m(RS)
  • DD drilling at McPhillamys returned high grade mineralisation. Significant results from infill drilling during the quarter include:

58 metres @ 2.74 g/t gold from 45 to 103m 83 metres @ 1.43 g/t gold from 214 to 297m 121 metres @ 1.22 g/t gold from 156 to 277m 106 metres @ 1.00 g/t gold from 195 to 301m 95 metres @ 1.38 g/t gold from 257 to 352m 62 metres @ 1.58 g/t gold from 23 to 85m

  • RC drilling at Tooheys Well has continued to return high grade mineralisation. Significant results from infill drilling during the quarter include:
41 metres @ 2.91 g/t gold from 93 to 134m 19 metres @ 2.10 g/t gold from 63 to 82m
5 metres @ 22.81 g/t gold from 52 to 57m 8 metres @ 4.85 g/t gold from 71 to 79m
42 [email protected]/tgold from 161 to 203m 10 [email protected]/tgold from 56 to 66m

Page 1

Quarterly Report to 31 December 2016

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DUKETON OPERATIONS

The Duketon Gold Project produced 80,090 ounces of gold in the December 2016 quarter (Q2). The December 2016 production run rate is in the upper half of FY17 production guidance range of 300,000 - 330,000 ounces and a 7% increase on the September 2016 quarter (Q1). This increase reflects improved grades at Garden Well and Rosemont and the previously reported anticipated increase in production as higher grade ore is processed from the satellite operations.

The pre-royalty cash cost for the quarter of $804 per ounce and the all in sustaining cost (AISC) of $951 per ounce were both below the lower end of annual cost guidance for FY2017. AISC was in line with Q1 ($946/oz) despite the 7% higher production due to the 23% higher volume of material mined across the Duketon Project, primarily as a result of early stripping at the Gloster and Erlistoun satellite projects.

Operating results for the Regis group for Q2 were as follows:

DNO DSO TOTAL
Ore mined (Mbcm ) 0.4 0.7 1.1
Wastemined (Mbcm) 2.5 4.8 7.3
Stripping ratio (w:o) 6.7 6.5 6.5
Ore mined (Mtonnes) 0.7 2.0 2.8
Ore milled (Mtonnes) 0.76 1.75 2.50
Head grade (g/t) 1.03 1.10 1.08
Recovery (%) 93.6 91.5 92.1
Gold production (ounces) 23,430 56,660 80,090
Cash cost (A$/oz) 672 859 804
Cash cost inc royalty (A$/oz) 740 928 874
All in Sustaining Cost (A$/oz)1 993 933 951
1 AISC calculated on a per ounce of production basis

Duketon Northern Operations (DNO) produced 23,430 ounces of gold at an AISC of $993 per ounce.

Gold production at DNO was up 10% from Q1. The annualised throughput rate remained strong at over 3mtpa, which combined with the higher head grade from Gloster and higher recovery, contributed to the highest quarterly gold production at DNO since the December 2014 quarter.

The first ore from the Gloster Project was carted by road to the Moolart Well plant (26 kilometres to the east) and processed during the quarter. The milled grade of Gloster ore for the quarter was 1.18g/t which made a positive contribution to project grade and production.

AISC for DNO for the quarter was $993 per ounce, 24% higher than Q1. This was due to the high start-up (prestripping) waste movement at the Gloster operation (stripping ratio 9.5) which contributed to the overall stripping ratio at DNO for the quarter of 6.7. Gloster stripping costs were not included in AISC in Q1 as commercial production was not declared until Q2. The stripping ratio (and accordingly mining cost) is expected to reduce over the last two quarters as it trends towards the budgeted stripping ratio for DNO for FY17 of 3.6.

Page 2

Quarterly Report to 31 December 2016

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Duketon Southern Operations (DSO) produced 56,660 ounces of gold at an AISC of $933 per ounce. DSO gold production was 6% higher than Q1 primarily as a result of higher grades processed at both Garden Well and Rosemont.

The head grades at both Garden Well and Rosemont were 11-12% higher than Q1 and in line with expectations. Mining at Rosemont during the quarter was primarily in the southern end of the pit where mining has transitioned into fresh ore resulting in improved grades by the end of the quarter. Mill throughput at Rosemont was lower as a result of the increased ore hardness and is expected to remain at current levels until mining of the southern pit extension commences in the second half of 2017.

With the 6% higher production from DSO, AISC of $933 per ounce were 7% lower than Q1 despite the mining stripping ratio of 6.5 in Q2 being higher than the 5.3 in Q1. This is due to Q2 stripping ratio including pre-production stripping at Erlistoun (costs capitalised, not included in AISC). Stripping costs for Erlistoun will be included in DSO AISC in Q3 as the operation will achieve commercial production.

Mining of the Erlistoun Project and stockpiling of ore at the operation commenced during the quarter. The first ore was carted by road to the Garden Well processing plant (8 kilometres to the north) late in the quarter and is expected to have a positive effect on the grade processed in Q3. Erlistoun ore supply is expected to be continuous but in modest tonnages until the start of Q4 when development of the open cut reaches significant ore zones.

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Erlistoun open pit – January 2017

Page 3

Quarterly Report to 31 December 2016

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CORPORATE

Cash Position

The Duketon project generated operating cash flow of $64.5 million in the December 2016 quarter. At the end of the quarter Regis had $129.7 million in cash and bullion an increase of $26.6 million for the quarter. This increase is after the payment of $13.0 million of income tax, $7.7 million of pre strip mining and $2.4 million of start-up capital at Gloster and Erlistoun, $2.6 million on the Rosemont cutback and $6.8 million on the extensive exploration programmes at Duketon and McPhillamys. The expenditure on start-up capital, pre-stripping and Rosemont cutback are all expected to taper over the next two quarters.

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

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Gold Sales & Hedging

During Q2, Regis sold 71,092 ounces of gold at an average price of A$1,719 per ounce (Q1: 73,607 ounces at A$1,765 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 404,825 ounces, being 40,000 ounces of flat forward contracts with a delivery price of A$1,454 per ounce and 364,825 ounces of spot deferred contracts with a price of A$1,556 per ounce.

Director Appointment

In October 2016 Regis announced the appointment of Ms Fiona Morgan as a non-executive director. Ms Morgan is a Chartered Professional Engineer with over 23 years’ experience in the mining industry, including working on gold, nickel, coal and iron ore projects. She has wide ranging experience in operations and project management, maintenance, research and design of both underground and surface mining infrastructure and is currently the Managing Director and Chief Executive Officer of Mintrex Pty Ltd, a highly regarded and longstanding consulting engineering company.

Page 4

Quarterly Report to 31 December 2016

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EXPLORATION

Overview

Extensive exploration and resource development drilling programmes continued during the quarter at the Duketon project in Western Australia and the McPhillamys project in NSW. Encouraging results were returned at the Rosemont and Tooheys Well projects at Duketon and the McPhillamys project.

During Q2 Regis drilled a total of 56,473 metres across all projects as shown below:

Hole Type Total Collars Total Metres
AC 169 12,794
RC 245 36,429
DD 19 7,250
Grand Total 433 56,473
Prospect AC RC DD Total Metres
Duketon Gold Project
Chert Ridge 522 522
Garden Well 906 906
Kintyre 643 643
McKenzie Well 331 331
Rosemont 21,470 21,470
Tooheys Well 6,457 6,457
Duketon Gold Exploration Joint Venture
Bandya 2,082 2,082
Bella Well 2,932 2,932
Commonwealth 708 708
Hack Bore 4,214 3,318 7,532
Mourillian 1,482 1,482
Mt Maiden 3,192 966 4,158
McPhillamys
McPhillamys 7,250 7,250
Total Metres 12,794 36,429 7,250 56,473

Page 5

Quarterly Report to 31 December 2016

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Duketon Gold Project

As noted above, almost 36,000 metres of drilling on various exploration projects was completed at the 100% owned Duketon Gold Project during the quarter.

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Significant exploration projects advanced during the quarter at Duketon are outlined below.

Rosemont South Gold Project

The Rosemont South Gold Prospect is located directly south of the current Rosemont Open Pit Mine. Drilling over the last two quarters has demonstrated the potential for both open pit and underground resource definition.

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 varies from 5 to >100 metres wide.

An ongoing RC drill programme during the quarter at Rosemont South aimed to test the close-range continuity of the interpreted high-grade ore shoots over a strike length of 500 metres in and beyond the current southern limit of the Main Pit. The known high grade ore shoots lie between 50-300 metres below surface.

Drilling has been designed to test for both open pit and potential underground mine extensions. Hole depths range from 60 metres to 460 metres. All holes were planned to test the entire width of the quartz dolerite unit. As assay results are returned the knowledge gained will assist in planning the ongoing drilling.

Page 6

Quarterly Report to 31 December 2016

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

A total of 95 holes were drilled for 15,480 metres over a strike distance of 500 metres. Significant results returned in Q2, all of which are outside current reserves, include:

  • 2m @ 108.5g/t Au from 125m in hole RRLRMRC448

  • o 4m @ 27.29g/t Au from 162m RRLRMRC453 o 2m @ 51.26g/t Au from 103m RRLRMRC543 o 5m @ 16.21g/t Au from 125m RRLRMRC449 o 4m @ 19.81g/t Au from 193m RRLRMRC460 o 2m @ 38.55g/t Au from 261m RRLRMRC588

Current quarter and selected historical drilling results are shown on the following Rosemont South long section below:

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Long section Rosemont South drilling for December 2016 Quarter

Page 7

Quarterly Report to 31 December 2016

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A cross section showing some of the December 2016 drill intercepts is shown below.

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Results to date from Rosemont South have been very encouraging with numerous +20 gram-metre (gm) intervals returned over the 500 metre strike length from near surface to 300 metre vertical depth. Ongoing surface RC drilling will continue with a focus on establishing continuity and geometry of high grade gold mineralisation seen at Rosemont South.

Determination of true width of intercepts to date is at an early stage given the current data density, though as a general observation, the majority of high grade intercepts received to date are thought to be near vertical and therefore the true widths of reported intercepts are likely to be slightly less than reported.

Page 8

Quarterly Report to 31 December 2016

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Rosemont Main Pit Underground Resource Drilling

In addition to the drill programme at the southern end of the Rosemont Open Pit, a second RC drill programme commenced during the quarter to test for underground mineralisation below the centre of the main pit where numerous high grade intercepts were recorded during exploration and resource development programmes prior to mining.

Phase 1 of the Rosemont Main pit underground drill programme consists of 62 holes for 13,610m and is planned to be drilled from inside the Rosemont Open 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.

A total of 26 holes were drilled for 5,990 metres in the Main Pit at Rosemont during the quarter. 11 holes for 3,354 metres were drilled targeting underground resource definition and the remaining holes drilled were for in pit resource definition. A high proportion of the holes drilled to target underground resources have returned significant intercepts: Selected significant results returned in Q2 include:

o 4m @ 82.05g/t Au from 249m in hole RRLRMRC473 o 4m @ 33.54g/t Au from 280m RRLRMRC481 o 13m @ 8.19g/t Au from 274m RRLRMRC482 o 2m @ 39.28g/t Au from 241m RRLRMRC482 o 1m @ 76.80g/t Au from 263m RRLRMRC474 o 8m @ 8.51g/t Au from 283m RRLRMRC473

Early results from this programme have been very encouraging and there is still a significant portion of phase one drill programme holes to be completed.

Current quarter and selected historical drilling results are shown on the following Rosemont Main Pit long section:

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Long section Rosemont Main Pit drilling for December 2016 Quarter

Page 9

Quarterly Report to 31 December 2016

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A cross section showing some of the December 2016 drill intercepts is shown below.

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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. It is particularly encouraging that the MRE reported above a 1.0 g/t gold cut-off grade is 6.7 Mt @ 1.77 g/t. gold for 379,000 ounces. This represents 70% of the MRE with an average grade of 1.77 g/t gold and is the result of the very regular wide intercepts of high grade mineralisation encountered at Tooheys Well.

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. 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 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 Q2 returned significant mineralised intercepts along the Eastern shear zone. Further RC infill and extensional drilling is planned for Q3.

Page 10

Quarterly Report to 31 December 2016

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Infill Resource Drilling

During the quarter a programme of 59 RC holes for 6,457 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:

  • 41m @ 2.91g/t Au from 226m in hole RRLTWRC191

  • o 5m @ 22.81g/t Au from 52m RRLTWRC203 o 42m @ 2.28g/t Au from 161m RRLTWRC192 o 19m @ 2.10g/t Au from 63m RRLTWRC250 o 8m @ 4.85g/t Au from 71m RRLTWRC157 o 10m @ 3.82g/t Au from 56m RRLTWRC196

Infill RC drilling during the quarter targeted the northwest, central and southwest sectors at Tooheys Well. 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. Earlier drilling results in grey and December 2016 quarter highlights drilling in gold.

In addition to the infill drill programme, permitting, geotechnical and metallurgical study programmes are underway in preparation for reporting a reserve at Tooheys Well later in Q3.

Page 11

Quarterly Report to 31 December 2016

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Extensional Drilling and Surveys

As previously reported, the current known mineralisation at Tooheys Well covers a strike length of in excess of 500 metres. Regis is currently reviewing the following areas for potential extensions of the mineralisation:

  • to the north where the Tooheys Well Eastern shear is interpreted to join with the gold mineralised shear zones at Chert Ridge (Garden Well) approximately 2.5 km away; and

  • to the south given 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) which may be indicative of continuation of the dominant host of magnetic pyrrhotite rich BIF.

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Tooheys Well Regional plan with magnetics and significant gold intercepts below 50m depth

During the quarter, a ground based Electro Magnetic (EM) Survey commenced to test for potential sulphides conductors in the Tooheys Well area. The survey extends up to Garden Well to the north and 2 kilometers to the south covering the large magnetic anomaly seen on the plan above. The survey is expected to be completed during the current quarter and the acquired data will then undergo processing and interpretation with our geophysical consultants.

Page 12

Quarterly Report to 31 December 2016

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McPhillamys Gold Project NSW

The 100% Regis owned McPhillamys 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.

An RC and diamond drill programme continued at the McPhillamys Gold Project during the quarter. The aim of the 25,000 metre 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 three diamond rigs and one RC rig are working on site.

A total of 19 holes were drilled for 7,250 metres. Significant results returned in Q2 include:

  • 58m @ 2.74g/t Au from 45m in hole RRLMPDD090

  • o 121m @ 1.22g/t Au from 156m o 95m @ 1.38g/t Au from 257m RRLMPDD085 o 83m @ 1.43g/t Au from 214m RRLMPDD094 o 106m @ 1.00g/t Au from 195m RRLMPDD096 o 62m @ 1.58g/t Au from 23m RRLMPDD103

Page 13

Quarterly Report to 31 December 2016

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Results to date are spread out over a north- south axis and so far, at this early stage of the programme appear to correlate well with historic drilling.

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McPhillamys Gold Plan with December 2016 significant intercepts highlighted
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The initial phase of resource infill drilling is anticipated to be completed in Q3. The planned drilling programme will also be utilised to update the MRE, provide diamond core for further metallurgical and geotechnical studies and ultimately form the basis of a reserve estimation.

Page 14

Quarterly Report to 31 December 2016

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Duketon Gold Exploration Joint Venture (Regis Earning 75%)

AC and RC drilling (E38/2231, 2666, 2699, 2737)

155 AC holes for 11,820 metres and 54 RC holes for 7,074 metres were drilled over various projects on the Duketon Gold Exploration JV tenements in Q2. The AC drill programmes completed targeted the major geochemical anomalies derived from the recent lag sampling programme to complete the geochemical survey programme. The RC sample programmes were drilled to follow up anomalous AC results.

Bella Well

The Bella Well project is located 3km to the South West from Regis’ 100% owned Gloster Gold Mine. Lag sampling has defined a 1km north-west trending gold anomaly. Mineralisation at Bella Well appears to consist of supergene enriched gold, interpreted to be the result of complex weathering fronts around the hypogene ore.

A first pass up air core drill programme was designed to test the lag anomaly. 28 AC holes have been completed for 2,932 metres. One hole (RRLBELAC004) returned 4m @ 7.75g/t Au from 80m. A review of the significance of the results from the first pass programme is planned next quarter.

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.

A first pass RC drill programme was designed to test the anomaly. 17 RC holes have been completed for 2,082 metres.

One hole (RRLBNDRC003) returned 4m @ 2.20g/t Au from 80m. A review of the significance of the results from the first pass programme is planned next quarter.

Commonwealth

The Commonwealth project is located immediately 7 kilometres north of the Petra North Prospect. Lag sampling has defined a 3 kilometre (north-south) x 1.5 kilometre, +75ppb gold anomaly with peak values of +1ppm Au.

A follow up RC drill programme of 3 holes for 708m was completed during the quarter. One gold result >3gm was received from this drilling programme to date, 3m @ 1.03g/t Au from 52m in hole RRLCMRC003. No further drilling is planned at this stage.

Hacks Bore

The Hacks Bore Project is located 6 kilometres north along strike of Regis’ 100% owned Garden Well mining operation. A second pass broad spaced air core drill programme of 47 holes for 4,214 metres tested for chert hosted mineralisation east of the Garden Well to Moolart Well shear zone looking for Tooheys Well analogues in the eastern metasediments. The AC/RC programme did not return any significant assays.

Page 15

Quarterly Report to 31 December 2016

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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.

Page 16

Quarterly Report to 31 December 2016

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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 December 2016)

Security Code No. Quoted
OrdinaryShares RRL 500,992,775

Page 17

Quarterly Report to 31 December 2016

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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 JORC Code explanation 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
Rosemont:
The Rosemont gold deposit was sampled using Reverse Circulation (RC) drill
holes on a nominal 20m east by 20m north initial grid spacing angled -60 degrees
to 254 degrees.
examples should not be taken as limiting the broad meaning of Hacks Bore, Commonwealth, Bella Well and Bandya:
sampling. The Hacks Bore & Commonwealth Prospects were sampled using Air Core (AC)
drill holes with the majority of holes on a nominal 100m (400m for Commonwealth)
east by 160m north initial grid spacing, which were drilled angled -60 degrees at
090 azimuth. The Hacks Bore, Commonwealth, and Bandya projects were also
sampled using RC drill holes to follow up on mineralised intercepts received from
the wide spaced AC drill programs
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 initial
grid spacing, which were drilled angled -60 degrees to 270 degrees.
McPhillamys:
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 All Projects: representivity and the appropriate calibration of any measurement tools or systems used.

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

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Quarterly Report to 31 December 2016

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Criteria JORC Code explanation
Commentary
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
the Public Report. In cases where ‘industry standard’ work has
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
gold that has inherent sampling problems. Unusual commodities or
mineralisation types (e.g. submarine nodules) may warrant
disclosure of detailed information.
Rosemont, Hacks Bore, Commonwealth, Bella Well, Bandya & Tooheys 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 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).
4m field composites were sampled using a spear on the individual 1m samples at
Hacks Bore and Commonwealth.
McPhillamys diamond:
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).
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,
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).
Rosemont, Hacks Bore, Commonwealth, Bella Well, Bandya & Tooheys Well:
RC drilling completed with a 139mm diameter face sampling hammer
AC drilling was completed with an 89mm diameter AC blade bit.
McPhillamys diamond:
Surface diamond drilling carried out by using both NQ3 or HQ32 (triple tube) and
NQ2 or HQ2 (standard tube) techniques.
Core is routinely orientated by REFLEX ACT III tool.

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Criteria JORC Code explanation
Commentary
Drill sample
recovery
Method of recording and assessing core and chip sample
recoveries and results assessed.
Rosemont, Hacks Bore, Commonwealth, Bella Well, Bandya & Tooheys Well:
RC and AC 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
Measures taken to maximise sample recovery and ensure
representative nature of the samples.
Rosemont, Hacks Bore, Commonwealth, Bella Well, Bandya & Tooheys Well:
RC and AC 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.
Rosemont, Hacks Bore, Commonwealth, Bella Well, Bandya &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.
Rosemont, Hacks Bore, Commonwealth, Bella Well, Bandya &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.

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Criteria JORC Code explanation
Commentary
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.
The total length and percentage of the relevant intersections
logged.
All drill holes are logged in full.
Sub-
sampling
techniques
and sample
preparation
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.
If non-core, whether riffled, tube sampled, rotary split, etc and
whether sampled wet or dry.
The RC and AC 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, AC) 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.

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Criteria JORC Code explanation
Commentary
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, AC) 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.
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
tests
The nature, quality and appropriateness of the assaying and
laboratory procedures used and whether the technique is
considered partial or total.
Rosemont, Hacks Bore, Commonwealth, Bella Well, Bandya &Tooheys Well:
All gold assaying was completed by external commercial laboratories (SGS,
Bureau Veritas, Min Analytical and Aurum) using either a 40g or 50g charge for
fire assay analysis with AAS finish. This technique is industry standard for gold
and considered appropriate.
McPhillamys diamond:
All gold assaying will be completed by commercial laboratories (ALS-Orange,
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
applied and their derivation, etc.
Rosemont, Hacks Bore, Commonwealth, Bella Well, Bandya &Tooheys Well:
Apart from magnetic susceptibility in targeted zones, no other geophysical
measurements were routinely made.

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Criteria JORC Code explanation
Commentary
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
quality control data, indicates assaying to be accurate and without significant drift
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.
Hacks Bore, Commonwealth, Bella Well, Bandya:
No twinning of holes was completed at this stage.
Rosemont &Tooheys Well:
The spatial location and assaying accuracy of historical drilling was confirmed with
RC and/or DD twin holes. The 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 usingthe Regisgeological code system and sampleprotocol. Data is

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Criteria JORC Code explanation
Commentary
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
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. Modelling
at Rosemont is completed using a local grid, with conversion of digital data from
AMG to local completed using macros.
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.
Rosemont:
The drilling completed this period is the start of reducing the effective spacing to
20 metres (east) by 20 metres (north) to a depth of 300 metres from surface.
Hacks Bore, Commonwealth, Bella Well and Bandya:
The initial reconnaissance AC drill hole spacing was ranged from 160-400m
(northing) by 160m (easting). The drilling depth was generally to blade refusal i.e.
top of fresh rock.
Tooheys Well:

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Criteria JORC Code explanation Commentary
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
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
Rosemont, 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.
Hacks Bore, Commonwealth, Bella Well and Bandya:
The data spacing and distribution is sufficient to for a reconnaissance exploration
drilling program designed to test for extensions to known mineralisation to the
south
Whether sample compositing has been applied. Rosemont, Commonwealth, Tooheys Well & McPhillamys:
No sample compositing has been applied in the field within the mineralised zones.
Hacks Bore, Commonwealth, Bella Well and Bandya:
4m compositing was used in the wider spaced drill programmes.
Orientation
of data in
relation to
geological
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. In the case of Rosemont underground
drill programs, the current drilling is designed to assist in determining ore geometry
and therefore a more accurate estimate of true thickness
structure
If the relationship between the drilling orientation and the orientation It is not believed that drilling orientation has introduced a sampling bias.
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. 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

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Criteria JORC Code explanation Commentary
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 truck and
delivery to Orange 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.
Audits or
reviews
The results of any audits or reviews of sampling techniques and
data.
Rosemont South, Petra North, Hacks Bore, Commonwealth, Tooheys Well &
McPhillamys:
No external audits on samplingtechniques 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
Rosemont :The Rosemont project is located on M38/237, 250 & 343).
Current registered holders of the tenements are Regis Resources Ltd & Duketon
Resources Pty Ltd (100% subsidiary of Regis Resources). Area = 1683.2ha.
Normal Western Australian state royalties apply plus there is a 2% Royalty to
Franco Nevada. There are no registered Native Title Claims.
settings.
Bella Well:
The security of the tenure held at the time of reporting along with The Bella Well prospect is located E38/2737-57 blocks (actual 13,068ha). Owner
any known impediments to obtaining a licence to operate in the is Duketon Mining Ltd. Native Title Wutha (WC1999/010) = 62ha (0.478%). Top
area. NW corner of the tenement.
Bandya:
The Bandya prospect is located E38/2737-57 blocks (actual 13,068ha). Owner is
Duketon Mining Ltd. As above
Hacks Bore
The Hacks Bore prospect is E38/2666 blocks (actual 6160ha). Owner is Duketon
Mining Ltd. There are no registered Native Title Claims
Commonwealth:
The Commonwealth prospect is E38/2231–?? blocks (actual 3080ha). Owner is
Duketon Mining Ltd. There are no registered Native Title Claims.

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
Resources). There are no registered Native Title Claims.
McPhillamys
The McPhillamys deposit is located on the recently granted tenement EL5760
grantedin 2000.,Lease area= 11,760Ha.Currentregisteredholderofthe

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Criteria JORC Code explanation Commentary
tenement is LFB Resources NL (100% subsidiary of Regis Resources). Normal
NSWstateroyalties apply. There arenoregisteredNativeTitle Claims.
Exploration
done by other
parties
Acknowledgment and appraisal of exploration by other parties. Rosemont:
Shallow drilling (less than 100m vertical depth) completed by Aurora, Ashton and
Johnsons Well Mining in the 1990’s.
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. Rosemont South:
The geology is similar to Rosemont with gold hosted in a steeply east dipping 345°
trending quartz-dolerite unit intruding 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. Weathering
depths vary from 20m to 50m vertical depth.
Hacks Bore:
Geology at Hacks Bore appears to consist of sheared ultramafics. A 15m to 20m
transported cover sequence conceals the shear zone target and weathering
extends up to 100m depth. Drilling to date has tested for gold mineralisation in
the oxide and fresh zones
Commonwealth, Bella Well and Bandya:
Gold mineralisation at Commonwealth and Bella Well appears to consist of
supergene enriched gold, interpreted to be the result of complex weathering fronts
around the hypogene ore in quartz sericite schists. Bandya is located on a NNW
trending epidote altered dolerite – felsic volcanic contact.

Tooheys Well:
The gold mineralisation is hosted in a vertical dipping North-South trending
BandedIron Formation(BIF).Goldmineralisation is associatedwithsulphides

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Criteria JORC Code explanation Commentary
(Pyrrhotite) replacing magnetite in the BIF. Weathering depths vary from 20m to
70m vertical depth.
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
aggregation
methods
In reporting Exploration Results, weighting averaging techniques,
maximum and/or minimum grade truncations (e.g. cutting of high
grades) and cut-off grades are usually Material and should be
Except for Rosemont and McPhillamys, reported intercepts include a minimum of
0.5 g/t Au value over a minimum distance of 1m with a maximum 2m consecutive
internal waste. No upper cuts have been applied.
stated.
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
Rosemont:
Reported intercepts include a minimum of 2.5 g/t Au value over a minimum
distance of 1m with a maximum 2m consecutive internal waste. No upper cuts
have been applied.
of such aggregations should be shown in detail. McPhillamys:
The assumptions used for any reporting of metal equivalent values Reported intercepts include a minimum of 0.4 g/t Au value over a minimum
should be clearly stated. distance of 1m with a maximum 6m consecutive internal waste. No upper cuts
have beenapplied.

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Criteria JORC Code explanation Commentary
Relationship
between
mineralization
widths and
intercept
These relationships are particularly important in the reporting of
Exploration Results.
If the geometry of the mineralisation with respect to the drill hole
angle is known, its nature should be reported.
Rosemont:
The Rosemont South drill holes were nominally drilled at -60º to 254° and the
mineralised zone is sub-vertical. The intercepts reported are close to true width in
some cases, and are not true width where the mineralisation is steepest.
Tooheys Well:
lengths If it is not known and only the down hole lengths are reported, there
should be a clear statement to this effect (e.g. ‘down hole length,
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.
true width not known’). Hacks Bore, Commonwealth, Bella Well and Bandya:
The holes at which were drilled angled -60 degrees at 090 azimuths. The
intercepts reported are close to true width.
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.
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
exploration
Other exploration data, if meaningful and material, should be
reported including (but not limited to): geological observations;
geophysical survey results; geochemical survey results; bulk
Rosemont, Hacks Bore, Commonwealth, Bella Well, Bandya, McPhillamys
and Tooheys Well:
No other material exploration data to report.
data samples – size and method of treatment; metallurgical test results; McPhillamys:
The McPhillamys diamond holes were also utilised for bulk density measurements.
Geotechnical logging is in progress for determining ground conditions for open pit
mining.

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Criteria JORC Code explanation Commentary
bulk density, groundwater, geotechnical and rock characteristics;
potential deleterious or contaminating substances.
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).
Rosemont:
Drilling will continue during the March 2017 quarter.
Tooheys Well:
Infill drilling will continue in the March 2017 quarter to determine the continuity of
gold mineralisation in the eastern shear zone to the south and north.
Bandya:
Small follow up drill programmes may be planned to follow up anomalous results
McPhillamys:
Drilling will continue during the March 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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Quarterly Report to 31 December 2016

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APPENDIX 2

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
6949220
412330
500
102
80
84
4
7.75
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
6932526
421580.5
515.6
126
80
84
4
2.2
Kintyre 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)
RRLBRTAC052
6917147
429799.1
497.25
60
16
20
4
1.62
Chert Ridge 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)
RRLCERC009
6911640
437400
505
120
48
52
4
1.82
RRLCERC012
6911560
437440
505
162
72
76
4
1.25
RRLCERC017
6911480
437480
505
138
88
92
4
1.04
RRLCERC019
6911400
437440
505
102
76
77
1
1.66
Commonwealth 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)
RRLCMRC001
6943996
424657.6
542.07
252
183
184
1
2.4
RRLCMRC002
6943994
424417.6
541.47
252
138
139
1
2.66

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152
153
1
1.74
233
234
1
1.06
RRLCMRC003
6944378
425059
541.4
204
52
55
3
1.03
69
70
1
1.31
171
172
1
1.54
Mourillian 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)
RRLMOLAC019
6952101
412735.6
561.56
93
76
80
4
2.1
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)
RRLMPDD085
6292605
716028
946
470.6
260
278
18
1.69
285
316
31
1.91
320
322
2
1.27
327
328
1
1.14
334
351
17
1.32
RRLMPDD086
6292280
715929
972
286.3
6
7.5
2
3.14
14.5
17
3
1.08
40
43
3
2.93
49
52
3
1.12
59
65
6
1.48
71
72
1
3.94
78
90
12
2.29
123
124
1
1.09
158
165
7
1.93

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Quarterly Report to 31 December 2016

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

170
177
7
1.29
187
188
1
1.03
202
210
8
1.65
235
236
1
2.77
240
259
19
3.43
262
264
2
2
275
276
1
2.49
RRLMPDD087
6292255
715929
974
325.8
1.5
3
2
1.37
8.5
9
1
2.64
15.5
16
1
1.14
38
39
1
1.61
49
54
5
3.32
62
65
3
1.32
68
69
1
1.27
81
89
8
5.81
200
201
1
1.05
205
207
2
1.46
211
213
2
1.21
246
247
1
1.92
253
254
1
1.58
263
264
1
2.64
267
269
2
1.97
277
281
4
2.11
RRLMPDD088
6292705
716025
941
426.2
21.5
22
1
3.22
160
167
7
2.44
236
237
1
1.32
349
355
6
1.1

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Quarterly Report to 31 December 2016

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

RRLMPDD090
6292555
715940
953
316.3
36
37
1
1.61
46
85
39
3.71
93
96
3
2.57
RRLMPDD091
6292480
716181
953
812.2
382
387
5
1.45
390
392
2
4.04
602
603
1
1.41
660
661
1
1.19
670
671
1
1.28
688
691
3
1.18
754
755
1
4.51
RRLMPDD092
6292555
716003
951
488.6
137
138
1
1.06
214
217
3
1.03
220
225
5
1.36
229
230
1
2.25
234
240
6
3.03
246
247
1
1.26
250
261
11
3.67
277
278
1
1.82
284
286
2
2.82
300
301
1
1.18
RRLMPDD094
6292205
715973
971
355.5
12
13
1
1.33
17.5
23
6
1.56
29
31
2
1.26
37
38
1
1.89
79
80
1
2.04
113
114
1
2.2
217
218
1
15.95

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Quarterly Report to 31 December 2016

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

223
244
21
1.91
257
258
1
1.47
265
266
1
4.22
278
281
3
1.5
284
294
10
2.8
318
320
2
2.25
RRLMPDD095
6292580
716150
947
865.5
354
355
1
2.02
486
487
1
1.23
500
501
1
1.16
502
503
1
1.13
684
685
1
2.04
701
702
1
2.78
705
706
1
1.14
713
714
1
1.19
716
717
1
1.1
736
737
1
7.15
740
742
2
5.5
748
749
1
1.02
756
757
1
1.52
784
785
1
4.04
RRLMPDD096
6292155
715974
969
370.1
110
111
1
1.22
205
206
1
1.06
211
212
1
1.95
216
227
11
1.36
230
247
17
1.27
253
254
1
1.56
274
285
11
2.76

Page 36

Quarterly Report to 31 December 2016

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

288
291
3
2.07
295
296
1
1.44
298
299
1
1.05
RRLMPDD097
6292105
715972
966
373.9
149
150
1
1.74
165
177
12
1.39
209
210
1
3.26
240
241
1
1.53
262
263
1
1.22
287
288
1
2.48
293
294
1
3.42
309
311
2
1.87
RRLMPDD098
6292055
715956
966
313.8
40
41
1
1.05
73
75
2
1.16
125
126
1
1.41
151
164
13
1.93
167
168
1
1.88
285
288
3
4.78
291
295
4
4.34
303
304
1
1.06
RRLMPDD099
6292755
715900
933
252
11.5
12
1
1.13
44
47
3
1.33
101
102
1
1.63
145
147
2
1.63
RRLMPDD100
6292755
715850
934
103
15.5
17
2
1.24
18
18.5
1
1.14
RRLMPDD101
6292305
715861
964
227.5
7
7.5
1
1.24
13
14.5
2
1.26

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Quarterly Report to 31 December 2016

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

54
55
1
3.4
60
60.5
1
1.03
63.5
64
1
2.53
81
82
1
1.61
90
91
1
1.04
96
97
1
2.48
110
111
1
1.45
121
122
1
4.44
126
135
9
2.69
139
140
1
1.24
RRLMPDD103
6292305
715920
971
293.9
4.5
5
1
1.14
25
25.5
1
1.26
28
28.5
1
1.73
36
49
13
4.56
70
74
4
4.27
84
85
1
2.12
142
143
1
2.19
156
157
1
1.11
177
178
1
1.9
182
190
8
1.36
194
195
1
2.43
198
211
13
1.45
215
228
13
2.32
231
232
1
1.21
RRLMPDD104
6292080
715972
968
300.1
124
130
6
1.4
155
161
6
3.04
167
168
1
1.11

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Quarterly Report to 31 December 2016

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

193
194
1
1.9
220
221
1
1.41
RRLMPDD106
6292155
715933
977
302.6
40
41
1
1.22
46
50
4
1.11
190
193
3
1.8
246
247
1
1.09
RRLMPDD107
6292605
715874
948
210.8
8
9
1
1.77
13
13.5
1
1.02
14.5
15
1
1.2
19
19.5
1
1.7
26.5
27
1
1.82
29.5
30
1
1.27
62
63
1
1.71
66
67
1
1.03
124
125
1
1.22
RRLMPDD108
6292405
715946
964
371.2
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
Rosemont 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)
RRLRMRC432
6918386
429165.3
499.37
36
12
13
1
1.82
RRLRMRC435
6918488
429158.9
499.35
89
76
77
1
2.84
RRLRMRC436
6918493
429178.6
499.23
124
116
118
2
3.28
RRLRMRC437
6918513
429171.3
499.07
151
105
106
1
1.71

Page 39

Quarterly Report to 31 December 2016

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

119
122
3
2.22
128
131
3
16.25
RRLRMRC438
6918531
429166.7
499.5
128
117
119
2
29.06
RRLRMRC439
6918537
429186.5
499.53
164
31
32
1
2.05
131
145
14
3.37
151
153
2
4.39
RRLRMRC440
6918571
429160.3
499.57
142
116
119
3
15.17
RRLRMRC442
6918596
429101.5
500.04
74
56
58
2
2.03
RRLRMRC448
6918671
429107
500.43
132
118
119
1
1.37
121
122
1
1.81
125
127
2
108.5
RRLRMRC449
6918690
429102.5
500.58
139
119
121
2
4.93
125
130
5
16.21
RRLRMRC450
6918767
429007.5
501.08
108
89
102
13
6.48
RRLRMRC453
6918821
429034.3
501.4
183
161
166
5
22.31
RRLRMRC454
6918841
429027.5
501.5
188
148
150
2
1.39
156
158
2
1.2
162
172
10
2.26
175
176
1
3.27
RRLRMRC455
6918791
429066.8
501.08
228
199
207
8
2.92
210
211
1
3.38
RRLRMRC456
6918775
429083.3
500.9
224
196
197
1
1.99
202
203
1
3.43
RRLRMRC458
6918818
429078.6
501.05
264
217
219
2
1.38
222
228
6
2.29
RRLRMRC459
6918873
429057.7
501.52
289
184
203
19
1.55
209
212
3
1.79

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Quarterly Report to 31 December 2016

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

216
220
4
1.4
228
229
1
3.66
233
238
5
1.77
275
276
1
1.82
RRLRMRC460
6918968
429024.4
502.22
328
183
210
27
5.52
218
219
1
1.18
RRLRMRC462
6918991
429015.9
502.38
333
185
189
4
4
193
195
2
3.37
205
211
6
1.26
RRLRMRC463
6918910
429044.6
501.88
288
172
178
6
3.76
183
196
13
4.79
209
210
1
1.25
RRLRMRC464
6918977
428978.3
502.53
234
122
123
1
1.21
129
130
1
2.26
RRLRMRC465
6919037
429039.9
502.6
353
294
295
1
2.82
315
317
2
1.23
328
329
1
1.14
333
334
1
3.14
342
343
1
1.09
348
349
1
1.4
RRLRMRC466
6919015
428964.8
502.8
188
150
160
10
2.36
RRLRMRC468
6919027
429002.1
502.75
338
221
223
2
2.28
230
235
5
1.52
242
245
3
1.27
248
249
1
3.14
255
261
6
5.39
265
270
5
2.44

Page 41

Quarterly Report to 31 December 2016

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

293
294
1
1.35
RRLRMRC470
6919048
428931.8
504.36
158
130
131
1
1.44
RRLRMRC471
6919070
428938.8
504.52
223
165
173
8
1.19
181
182
1
1.14
187
193
6
1.22
RRLRMRC472
6919078
428941.3
504.64
163
141
146
5
1.63
RRLRMRC473
6920030
428357.3
445.06
323
249
258
9
37.1
269
270
1
1.45
277
278
1
2.2
282
291
9
7.68
RRLRMRC474
6919989
428361
445.19
278
223
224
1
1.65
232
234
2
10.67
254
259
5
4.38
263
264
1
76.8
RRLRMRC475
6919933
428378.9
445.11
298
203
204
1
1.06
251
252
1
1.86
259
260
1
1.73
264
267
3
4.02
RRLRMRC476
6919912
428380.6
442.94
290
215
216
1
2.91
238
246
8
3.45
256
257
1
1.1
266
269
3
2.01
277
278
1
1.01
RRLRMRC477
6919910
428380.8
442.91
300
189
190
1
2.86
199
200
1
1.77
241
242
1
1.74
245
249
4
3.28

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Quarterly Report to 31 December 2016

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

252
254
2
3.08
258
259
1
1.14
267
269
2
3.94
273
277
4
1.45
286
288
2
2.36
RRLRMRC478
6919931
428378.1
444.92
314
204
205
1
4.13
276
289
13
3.74
298
299
1
1.33
RRLRMRC479
6919986
428360.7
445.2
253
202
205
3
1.77
209
210
1
1.13
213
218
5
3.34
227
228
1
1.39
239
240
1
8.72
RRLRMRC480
6920028
428356.6
445.14
310
239
244
5
3.8
261
264
3
2.64
282
285
3
1.09
RRLRMRC481
6920091
428351.6
445.19
330
263
264
1
2.36
280
284
4
33.54
287
290
3
1.62
294
297
3
5
314
315
1
1.38
RRLRMRC482
6920089
428351.6
445.2
305
178
179
1
2.51
219
221
2
1.07
241
243
2
39.78
261
263
2
3.86
274
287
13
8.19
RRLRMRC483
6920009
428358
445.02
353
290
293
3
2.12

Page 43

Quarterly Report to 31 December 2016

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

298
299
1
1.38
315
322
7
4.34
RRLRMRC484
6919640
428673.6
445.12
179
76
81
5
1.6
91
92
1
4.72
95
96
1
2.44
99
102
3
1.34
107
108
1
1.49
111
112
1
1.9
RRLRMRC485
6919642
428682.1
445.46
198
96
97
1
2.86
100
104
4
1.32
123
126
3
1.35
131
140
9
1.3
147
149
2
2.62
155
156
1
1.33
163
165
2
1.12
RRLRMRC486
6919589
428713.1
445.14
223
96
97
1
3.75
107
109
2
2.41
115
117
2
1.53
126
128
2
1.33
130
131
1
1.4
136
137
1
6.98
140
143
3
8.82
153
156
3
2.69
RRLRMRC488
6918748
428942.6
501.41
80
13
14
1
1.38
RRLRMRC490
6918767
429019.1
501.13
130
105
114
9
4.02
RRLRMRC491
6918776
429051.3
501.09
200
154
161
7
2.51
167
169
2
11.61

Page 44

Quarterly Report to 31 December 2016

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

RRLRMRC501
6918947
429017.2
502.12
240
156
159
3
1.38
166
173
7
1.62
179
180
1
5.58
195
196
1
1.78
RRLRMRC502
6918932
428962.9
502.35
123
45
46
1
1.94
62
64
2
9.89
RRLRMRC503
6918938
428986.7
502.27
125
95
96
1
1.14
102
103
1
12.1
RRLRMRC505
6918980
428915.9
503.3
63
48
49
1
2.12
RRLRMRC508
6918987
428937.2
502.61
99
40
41
1
1.38
RRLRMRC509
6918993
428959.3
502.64
143
116
129
13
1.56
RRLRMRC511
6918966
428937.8
502.72
99
50
51
1
5.58
RRLRMRC512
6919094
428949.2
504.86
236
160
162
2
2.5
178
181
3
3.06
RRLRMRC513
6918555
429088.5
500.14
60
20
21
1
1.36
RRLRMRC516
6918625
429094.2
500.23
84
54
55
1
1.01
57
58
1
1.27
69
70
1
1.38
RRLRMRC520
6918654
429044.1
500.42
89
16
17
1
1.58
23
25
2
4.9
28
29
1
1.26
RRLRMRC521
6919475
428749.8
443.82
170
94
96
2
1.44
99
100
1
1.3
104
111
7
1.7
118
120
2
1.62
135
139
4
1.38
152
153
1
1.22

Page 45

Quarterly Report to 31 December 2016

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

RRLRMRC522
6919496
428751
444.92
276
107
112
5
3.35
118
120
2
1.64
137
139
2
2.07
146
147
1
1.42
149
150
1
1.3
193
197
4
6.36
206
207
1
2.65
212
213
1
1.12
216
226
10
8.07
233
234
1
1.3
238
240
2
1.31
255
258
3
3.94
RRLRMRC523
6919513
428738.1
444.72
192
80
86
6
9.09
90
91
1
1.42
98
99
1
1.32
103
105
2
6.04
124
125
1
2.81
RRLRMRC524
6919568
428714.4
445.22
180
80
81
1
1.6
91
95
4
1.64
110
114
4
1
119
124
5
1.35
RRLRMRC526
6918913
428943.2
502.39
72
41
42
1
1.67
46
47
1
1.69
RRLRMRC527
6918919
428960.6
502.27
90
41
43
2
1.2
46
51
5
1.22
55
63
8
6.82
RRLRMRC532
6918788
428921.9
501.55
84
21
22
1
1.58

Page 46

Quarterly Report to 31 December 2016

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

RRLRMRC533
6918863
428987
501.8
120
59
60
1
2.14
76
81
5
1.64
RRLRMRC534
6918857
429033.6
501.45
246
157
176
19
2.46
180
188
8
3.83
RRLRMRC535
6918690
429038.9
500.6
120
45
46
1
1.13
RRLRMRC536
6918695
429058.5
500.52
140
83
84
1
1.23
RRLRMRC537
6918701
429077.7
500.46
160
118
119
1
1.55
RRLRMRC538
6918706
429098.4
500.61
180
23
24
1
1.2
RRLRMRC539
6918757
429031.5
500.84
150
117
127
10
1.36
RRLRMRC540
6919733
428633.2
445.31
125
78
79
1
4.18
86
91
5
6.65
103
104
1
3.76
107
108
1
2.04
RRLRMRC541
6918678
429135.3
500.48
203
187
189
2
4.35
RRLRMRC543
6918665
429095.3
500.31
130
91
92
1
4.22
96
98
2
1.72
103
105
2
51.26
RRLRMRC544
6918695
429117.5
500.7
164
136
140
4
1.78
RRLRMRC545
6918508
429090.7
499.89
29
11
12
1
1.45
RRLRMRC547
6918805
429049.3
501.29
251
176
183
7
1.21
186
194
8
1.75
RRLRMRC548
6919717
428651
445
180
113
116
3
1.09
119
123
4
1.84
126
132
6
1.82
144
145
1
1.93
148
150
2
4.83
RRLRMRC550
6918480
429201.8
499.35
161
145
146
1
4.06

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Quarterly Report to 31 December 2016

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

RRLRMRC552
6918489
429237.5
499.28
233
195
202
7
1.64
RRLRMRC562
6918945
429033
502.01
292
160
161
1
1.82
180
181
1
2.74
187
198
11
1.68
202
204
2
2.71
222
225
3
12.2
RRLRMRC563
6918949
429072
501.94
385
280
284
4
5.68
288
311
23
2.22
316
317
1
2.83
323
324
1
1.38
RRLRMRC564
6919033
428954
501
184
152
156
4
1.46
160
167
7
5.67
171
173
2
2.89
RRLRMRC565
6919062
428983
501
350
214
217
3
3.92
233
234
1
2.18
238
245
7
1.42
258
259
1
13.8
RRLRMRC566
6919660
428668.2
445.54
179
104
105
1
1.26
111
113
2
3.07
118
119
1
1.14
125
126
1
1.25
134
138
4
2.75
144
147
3
4.79
157
158
1
1.11
RRLRMRC567
6919679
428665.8
445.43
184
105
106
1
1.25
114
115
1
1.05
133
135
2
1.35

Page 48

Quarterly Report to 31 December 2016

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

145
146
1
1.17
151
154
3
9.11
RRLRMRC568
6918815
429021.3
501.26
162
126
130
4
2.16
135
140
5
2.4
RRLRMRC569
6918833
429013.5
501.5
162
128
139
11
6.37
148
150
2
7.98
155
156
1
19.6
RRLRMRC570
6919042
428988.3
503
334
205
207
2
1.12
210
211
1
6.41
220
223
3
2.12
228
229
1
1.52
RRLRMRC571
6919054
429028.3
502.56
452
271
275
4
1.71
298
299
1
1.35
324
326
2
2.29
329
330
1
1.5
333
348
15
4.63
RRLRMRC572
6919124
428982.8
505.02
391
237
238
1
1.12
245
248
3
6.35
263
264
1
1.14
271
274
3
1.36
281
282
1
2.04
295
296
1
5.93
RRLRMRC581
6919753
428631.5
445.22
165
82
86
4
1.56
94
95
1
1.38
101
114
13
3.71
118
119
1
1.01
RRLRMRC583
6919776
428630.9
445.3
215
79
80
1
1.16

Page 49

Quarterly Report to 31 December 2016

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

106
107
1
2.1
110
121
11
4.96
125
132
7
2.76
143
145
2
1.7
RRLRMRC584
6919792
428626.2
445.01
160
94
106
12
4.1
109
116
7
2.68
121
122
1
3.11
126
127
1
2.36
132
133
1
1.79
149
150
1
18.8
RRLRMRC585
6918995
429037
502
375
234
239
5
2.56
246
247
1
1.07
250
252
2
7.7
255
259
4
2.81
262
263
1
2.06
272
273
1
2.37
278
281
3
3.61
RRLRMRC587
6918967
429007.8
502.17
270
155
161
6
5.57
168
171
3
2.53
178
179
1
1.37
RRLRMRC588
6918975
429041
502.28
380
228
229
1
1.19
235
237
2
5.79
244
245
1
1.3
248
251
3
7.71
256
264
8
10.36
269
270
1
2.19
Tooheys Well Collar Location Intersection >1.0ppm Au and >1g/t Au*m

Page 50

Quarterly Report to 31 December 2016

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

Hole ID
X
Y
Z
Total Depth(m)
From(m)
To(m)
Interval(m)
Au(ppm)
RRLTWRC052
6909059
437819.7
505.79
198
166
167
1
2.09
RRLTWRC128A
6909100
437920
508
326
122
123
1
2.27
128
133
5
1.6
138
141
3
1.52
188
189
1
1
218
219
1
2.03
RRLTWRC150
6909440
437758.9
507.02
126
102
111
9
2.15
RRLTWRC170
6909160
437918.6
506.39
288
126
127
1
5.34
140
142
2
1.16
150
151
1
1.46
154
157
3
1.92
163
165
2
1.47
169
174
5
2.09
188
197
9
1.87
202
205
3
4.89
221
222
1
1.1
236
243
7
1.65
246
252
6
1.34
RRLTWRC189
6909618
437904.4
508.21
263
66
67
1
1.06
83
84
1
1.05
135
136
1
1.21
159
163
4
1.03
168
169
1
1.43
177
178
1
1.47
184
185
1
2.09

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Quarterly Report to 31 December 2016

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

200
204
4
1.11
254
255
1
1.56
RRLTWRC190
6909279
437819.3
507.13
63
56
63
7
2.32
RRLTWRC191
6909279
437860
507.99
158
46
48
2
2.42
53
62
9
2.2
65
71
6
2.6
75
77
2
1.43
93
134
41
2.91
RRLTWRC192
6909277
437900.6
507.85
223
55
59
4
5.28
62
63
1
1.64
129
130
1
1.3
132
133
1
1.06
145
158
13
2.46
161
203
42
2.28
RRLTWRC193
6909278
437942.2
508.09
328
207
211
4
2.23
217
218
1
3.41
236
257
21
1.72
267
271
4
2.05
293
298
5
2.83
302
303
1
1.08
305
306
1
1.55
RRLTWRC194
6909300
437920.7
508.39
108
62
68
6
1.64
RRLTWRC195
6909579
437797
508.12
133
58
60
2
1.44
73
74
1
1.02
78
79
1
1.98
93
95
2
1.2
118
119
1
2.26

Page 52

Quarterly Report to 31 December 2016

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

122
123
1
1.02
RRLTWRC196
6909578
437839.3
508.08
88
56
66
10
3.82
RRLTWRC197
6909577
437878.5
508.25
108
70
72
2
1.32
75
76
1
1.22
RRLTWRC198
6909458
437837.7
508.43
178
51
58
7
1.78
115
117
2
1.49
120
121
1
1.34
131
133
2
1.13
RRLTWRC199
6909457
437879.9
508.52
128
44
45
1
2.12
49
54
5
2.07
60
61
1
1.28
RRLTWRC200
6909455
437917.1
508.64
113
76
77
1
1.12
83
84
1
1.66
RRLTWRC202
6909499
437781.6
508.24
138
47
56
9
3.22
82
83
1
1.06
RRLTWRC203
6909500
437834
508
178
52
57
5
22.81
112
117
5
1.62
RRLTWRC204
6909440
437900
507
243
59
60
1
1.3
225
230
5
2.17
RRLTWRC205
6909500
437880
507
97
53
54
1
5.28
72
73
1
1.48
RRLTWRC207
6909540
437773
506
103
53
54
1
2.02
RRLTWRC208
6909540
437793
506
120
57
58
1
1.22
82
83
1
2.2
RRLTWRC209
6909540
437814
506
138
53
54
1
1.39
84
85
1
2.9
106
111
5
1.46

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Quarterly Report to 31 December 2016

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

117
132
15
1.36
RRLTWRC210
6909540
437673
507
73
62
63
1
1.44
RRLTWRC214
6909500
437749
507
118
53
55
2
1.08
RRLTWRC215
6909480
437883
506
118
61
62
1
1.15
RRLTWRC216
6909480
437843
506
160
41
42
1
1.23
53
54
1
1.13
62
63
1
1.06
118
123
5
2.03
RRLTWRC220
6909420
437680
506
66
56
57
1
1.94
RRLTWRC222
6909280
437800
508
78
58
59
1
7.76
RRLTWRC223
6909260
437935
507
114
92
93
1
1.62
RRLTWRC225
6909220
437720
505
108
68
69
1
8.96
RRLTWRC227
6909180
437700
505
84
52
53
1
2.8
RRLTWRC228
6909180
437720
505
96
52
53
1
1.87
RRLTWRC231
6909140
437685
507
102
73
76
3
1.16
RRLTWRC233
6909100
437677
508
72
6
7
1
1.17
62
63
1
1.81
RRLTWRC235
6909100
437739.8
507
138
105
106
1
3.19
109
113
4
6.46
118
123
5
1.92
RRLTWRC239
6909060
437730
509
138
85
88
3
1.05
93
96
3
1.43
104
108
4
1.41
RRLTWRC240
6909060
437768
507
180
71
79
8
4.85
84
85
1
1.14
RRLTWRC242
6908982
437737
514
120
67
69
2
1.33
RRLTWRC243
6909740
437700
505
72
48
49
1
1.51

Page 54

Quarterly Report to 31 December 2016

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

RRLTWRC244
6909740
437775
506
150
51
52
1
1.5
RRLTWRC245
6909660
437700
505
102
5
12
7
3.1
51
52
1
3.3
RRLTWRC246
6909660
437740
505
132
50
51
1
4.29
57
63
6
2.74
88
89
1
1.58
116
117
1
2.57
123
124
1
1.01
RRLTWRC247
6909660
437780
507
162
52
53
1
7.6
82
83
1
1.5
94
98
4
1.48
RRLTWRC248
6909620
437680
505
72
50
52
2
3.44
61
62
1
1.02
RRLTWRC249
6909618
437721.3
508
114
29
35
6
1.37
45
46
1
1.03
RRLTWRC250
6909618
437761.4
507
162
63
82
19
2.1
RRLTWRC251
6909540
437854
506
186
55
58
3
1.51
149
150
1
1.06
RRLTWRC252
6909520
437826.9
507
60
44
59
15
2.42
RRLTWRC253
6909520
437846.9
507
84
52
56
4
5.65

Page 55