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REGIS RESOURCES LIMITED Interim / Quarterly Report 2021

Jan 26, 2021

65733_rns_2021-01-26_8524a030-575e-4ce1-961b-314bf2043b2d.pdf

Interim / Quarterly Report

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Quarterly Report to 31 December 2020

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Operations

  • The 12 Month Moving Average Lost Time Injury Frequency Rate continued to improve dropping 23% to 2.4 from 3.1 at the end of the prior quarter.

  • Increased quarterly production of 91,411oz up from 81,567oz in the prior quarter.

  • Increased quarterly sales of 112.1koz at an average price of A$2,351/oz for total revenue of A$263.4m.

  • Cash flow from operations of A$100.1m for the December quarter up from A$84.7m in the prior quarter.

  • Cash and bullion of $220m a reduction of $4.9m after paying out A$34.3m in dividends.

  • Cash cost before royalties for the quarter reduced to A$1,025/oz .

  • Quarterly AISC reduced by 6% to A$1,317/oz .

  • Guidance for FY21 maintained with production of 355,000 – 380,000oz for an AISC of A$1,230 - 1,300/oz .

Growth Projects and Discovery

  • Board approval to commence the Garden Well Underground Project, an underground mine which is expected to have a total material mined of ~1.85Mt at 3.2g/t Au. Work commenced on the portal during the December quarter with first development expected to commence in the March quarter.

  • Drilling continued at Ben Hur (Mineral Resource – 5.8Mt @ 1.6 g/t Au for 290koz) confirming potential to add further life to the Duketon Operations. Work is underway to update the Resources and Reserves.

  • Exploration below Garden Well, Rosemont and Gloster continues to define new mineralisation extensions while further regional drilling continues to provide encouragement and new targets.

  • The McPhillamys team continued to respond to all additional requests for information from regulatory departments and now the NSW Department of Planning, Industry and Environment, who assess State Significant Projects, is expected to make a recommendation on the Project to the Independent Planning Commission (IPC) in the current quarter.

Regis Resources Managing Director, Jim Beyer, said: “The December quarter has seen a marked lift in performance across a number of key areas, which pleasingly has resulted in improvements in safety, production and costs.

Our Value Growth strategy continues to gather momentum with increasing gold production from Rosemont underground and a clear expectation of more to come as we prepare to start production from the highergrade Main Zone.

We also approved the next underground mine at Garden Well South and work has already commenced on what will be an excellent addition to our production profile in the coming years.

Drilling of Ben Hur is returning positive resource infill results and also extending the mineralisation in areas outside the existing resource envelope.

In NSW the Department of Planning, Industry and Environment (the department assessing the McPhillamys Project) is expected to make a recommendation to the IPC in the first calendar quarter of 2021. The IPC will then hold a public hearing and make a determination on the Project.

While early days, we are very pleased to see our increased exploration efforts starting to deliver with potential life extending resource targets being identified and tested.

In summary, the December quarter saw a significant lift in performance consistent with our guidance while making real progress on our Value Growth projects”.

Page 1

GENERAL COVID-19 STATUS UPDATE

Regis’ Crisis Management Team has continued to manage our ongoing response to COVID-19 which has been coordinated in cooperation with our contractors.

The Company is maintaining a range of measures across its business consistent with advice from State and Federal health authorities. These measures help ensure the health and welfare of our employees and their respective communities.

To date there have been no confirmed cases of COVID-19 across the business.

Regis continues to assist communities in Western Australia to deal with the ongoing impacts of COVID-19 and has maintained its participation in the FIFO DETECT research programme.

OPERATIONS

Health, Safety and Environment

The 12-month moving average lost time injury frequency rate continued to improve in the quarter dropping 23% to 2.4 from 3.1 at the end of the prior quarter. Regis is pleased to see this continuing trend in the reduction of injuries occurring across the Company as initiatives continue to prevent harm to our people.

There have been zero environmental non-compliances or significant incidents over the quarter.

Duketon Northern Operations (DNO)

Moolart Well

Production from Moolart Well increased to 23,093 ounces of gold during the December quarter which was higher than the September quarter production of 20,307 ounces. Ore tonnes milled were 811kt up from 790kt in the September quarter. Overall gold production has returned to expected levels following planned plant maintenance completed in the previous quarter.

Duketon Southern Operations (DSO)

Rosemont

Production from Rosemont was 22,689 ounces down 2.6% on the prior quarter as lower grade areas were mined in Main Pit. Production contribution from the underground continued to increase now representing 37% of gold produced. Grades from the underground have continued to lift as the benefits of knowledge gained from recent stoping along with refined grade control practices start to have a positive impact on performance.

Development to the priority higher grade Main Zone area has progressed well, and an initial diamond drilling grade control programme completed. Development into the higher-grade ore anticipated from this area is expected to commence during the March quarter.

Overall development for the quarter was ~2.1km with 133kt of ore mined from development and stopes, with the grade from underground increasing this quarter to 2.1g/t up from 1.8g/t in the previous quarter.

Garden Well

Production from Garden Well increased significantly to 45,628 ounces as operations returned to expected levels following the planned plant maintenance and geotechnical issues that impacted the previous quarter.

Page 2

FY20 FY20 FY20 FY21 FY 21 December FY 21 December Quarter
Q2 Q3 Q4 Q1
Unit Total Total Total Total DNO DSO TOTAL
Ore mined Mbcm 0.99 1.07 1.03 1.05 0.39 0.70 1.09
Waste mined Mbcm 6.36 6.28 6.71 7.69 2.84 3.91 6.75
Stripping ratio Waste
:Ore		 6.4 5.9 6.5 7.4 7.3 5.6 6.2
Ore mined Mt 2.38 2.53 2.51 2.58 0.73 1.91 2.64
Ore milled Mt 2.31 2.22 2.53 2.41 0.81 1.65 2.46
Head grade g/t 1.30 1.29 1.16 1.15 0.95 1.39 1.24
Recovery % 94.3 93.6 92.6 91.4 92.9 92.7 92.8
Gold production oz 90,849 86,300 87,260 81,567 23,093 68,317 91,411

Totals may not add due to rounding

Table 1: Historical operating physicals with December quarter results

December quarter operating results are summarised in Table 2 below:

Details Unit Moolart
Well		 Garden
Well		 Rosemont Total FY21 Q2 FY21 Q1
Ore Mined Mbcm 1.05
0.39 0.45 0.25 1.09
Waste Mined Mbcm 7.69
2.84 2.50 1.41 6.75
Stripping Ratio Waste:Ore 7.4
7.3 5.5 5.8 6.2
Ore Mined Mt 2.58
0.73 1.20 0.72 2.64
Ore Milled Mt 2.41
0.81 1.13 0.52 2.46
Head Grade g/t 1.15
0.95 1.36 1.44 1.24
Recovery % 91.4
92.9 92.3 93.6 92.8
Gold Production oz 81,567
23,093 45,628 22,689 91,411
Mining A$M 62.0
12.4 25.0 23.8 61.2
Milling A$M 29.3
7.4 13.5 8.2 29.1
Administration A$M 5.9
2.0 2.9 1.8 6.8
Ore Inventory
Adjustments		 A$M (9.8)
(0.5) (1.8) (1.0) (3.3)
Total Cash Costs A$M 87.4
21.3 39.6 32.9 93.7
Royalties A$M 8.3
2.6 5.9 2.9 11.4
Capital Works A$M 16.5
(0.6) 7.9 4.8 12.1
Finance Lease
Repayments		 A$M 0.5
0.2 0.2 0.1 0.5
Corporate A$M 1.4
- - - 2.7
All in Sustaining Costs A$M 114.2
23.6 53.5 40.7 120.4
All in Sustaining
Costs		 A$/oz 1,021 1,172 1,792 1,317 1,400

1 AISC calculated on a per ounce of production basis

2 Totals may not add due to rounding

Table 2: Physicals and costs data by site for the December quarter

Page 3

Operating Costs

Duketon cash costs before royalties reduced for the quarter to A$1,025/oz (Sep 20: A$1,072/oz). The decrease in cash costs before royalties has been driven by the increase in production in the December quarter offset by a smaller build-up of stockpiles.

Moolart Well AISC decreased to A$1,021/oz in the December quarter from A$1,392/oz in the September quarter driven by a lower strip ratio attributable to AISC and a 14% increase in production as a result of increased grade and recovery.

Garden Well AISC decreased to A$1,172/oz in the December quarter from A$1,269/oz in the September quarter driven by increased grade and recovery offset by a reduced stockpile build-up.

Rosemont AISC increased from A$1,559/oz in the September quarter to A$1,792/oz in the December quarter due to slightly lower production and stockpile movements.

Growth Capital for the December quarter was A$22.3 million which primarily related to mine development at Moolart Well, Dogbolter-Coopers, Baneygo and the Rosemont Underground.

CORPORATE

Dividend Payment and Dividend Reinvestment Plan Update

On 16 October 2020 the Company paid A$40.8m in final dividends for FY20 bringing the total dividends declared and paid for FY20 to 16 cents per share for a total of A$81.5m.

Of the final dividend for FY20, A$34.3m was paid in cash and a further A$6.5m was reinvested in the Company by shareholders who elected to participate in the Company’s Dividend Reinvestment Plan.

Total fully franked dividends declared and paid since 2013 are now A$488 million.

Cash Position and Gold Sales

The Duketon Gold Operations generated operating cash flow of A$100.1 million in the December quarter up from A$84.7 million recorded in the September quarter. During the December quarter Regis sold 112,052 ounces of gold at an average price of A$2,351 per ounce with a total of 7,111 ounces of gold on hand at the end of the quarter which was subsequently sold in January 2021.

At the end of the December quarter Regis had A$220.0 million in cash and bullion (Figure 1).

Significant items of expenditure during the quarter were:

  • A$34.3 million in cash dividends;

  • A$22.1 million in income tax payments;

  • A$30.3 million on capitalised mining costs; and

  • A$12.8 million on exploration and feasibility projects (including McPhillamys Project).

Page 4

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Figure 1: Waterfall graph illustrating key changes in cash and gold on hand in the December quarter

Spot Deferred Hedging

As previously reported the Company is undertaking a programme to reduce its gold hedge position and has been delivering into its lowest priced hedges over the last 12 months. In the December quarter the Company delivered into another 20,000 ounces of hedging.

At the end of the December quarter the hedge position was 359,494 ounces at an average delivery price of A$1,617 per ounce.

The rate of delivering into the lowest priced contracts will continue to be assessed for adjustment. Any changes to this rate will consider several factors including prevailing gold price outlooks, internal cash demands, capital expenditure requirements, dividends and any changes to Company life of mine production plans.

Company Secretary

Subsequent to the end of the quarter, Ms Elena Macrides replaced Mr Jon Latto as Company Secretary with Mr Latto continuing in his role as Chief Financial Officer.

NEAR TERM - POTENTIAL VALUE GROWTH PROJECTS

Approval of Garden Well South Underground Development

During the December quarter the Regis Board approved the development of a new underground mine that will sit under the current Garden Well open pit (Figure 2).

This new project has a Feasibility Study estimate for total material mined of 1.85Mt at 3.2 g/t Au for 190koz. This includes a Mineral Resource Estimate compliant with JORC Code 2012 of 2.4Mt at 3.6 g/t Au for 270koz and Probable Ore Reserve compliant with JORC Code 2012 of 900kt at 3.4 g/t Au for 98koz.

Page 5

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Figure 2 : Perspective Orthogonal view looking North West showing planned stopes and underground development.

Preparation of the Portal area commenced in the quarter and underground development is to commence in the March 2021 quarter with the processing of first underground development ore scheduled for the December 2021 quarter with stope production to commence in the June 2022 quarter.

Key Physical and Financial metrics are shown in Table 3.

Physicals
Material mined 1.85Mt @ 3.2 g/t Au
In situ Au mined 190koz
Mill recovery 93%
Au produced 176koz
Capital cost
Preproduction capitalised development A$20m
Preproduction capital items A$18m
Development capital (post commercial production) A$38m
Total capital cost A$76m
Project AISC (commercial production)
Project All in Sustaining Costs A$950 - 1050/oz
Growth Capital (Commercial Production) A$15-20m

Table 3: Key Physicals and Financial metrics

Page 6

McPhillamys Gold Project

The McPhillamys Gold Project in New South Wales (Figure 3) is one of Australia’s largest undeveloped open pit gold projects with an Ore Reserve of 61Mt @ 1.0 g/t Au for 2.02 Moz and is the highest priority growth project for the Company.

The Department of Planning, Industry and Environment (DPIE), which assess State Significant Projects is expected to make a recommendation on the Project to the Independent Planning Commission (IPC) in the current quarter. The IPC are then tasked with, under recently revised guidelines, holding a public hearing and making a determination within a twelve-week timeframe. During the December quarter, DPIE forwarded additional requests for information from other regulatory departments to Regis, all of which were responded to.

The Project is now in the penultimate phase of the assessment and approval process. The final phase, as outlined above, will see the IPC hold a public hearing and make a determination on the project application. Pending ongoing COVID-19 restrictions at the time, the IPC public hearing can, if required, be held using video communications.

Regis recognises and respects that the final decision by the government is still to be made and while the process is still underway a decision on the Development Application could be made in the first half of 2021. Should this occur and based on current plans, the Company foresees that construction could potentially commence in the second half of this year. As noted, this is highly dependent on the timing of a successful application approval.

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Figure 3: A computer generated McPhillamys Gold Project site layout looking north after completion of mining and rehabilitation.

The Project execution team is continuing to progress work into more detailed areas including mining, processing, water and power supply. The major packages of work that would be used for construction in the event of approval are being defined. As the Project has continued to progress through the approvals process Regis has been updating the scope with any material changes required since the PFS (see ASX Release 8 September 2017). Updated cost estimations are underway using this information.

With IPC approval Regis would expect to finalise any outstanding scope changes and costings and as soon as practical thereafter provide the Feasibility Study summary to the Market.

In the meantime, work continues to develop a detailed understanding of local business capacity and where these businesses have the potential to be incorporated into construction activity. This assessment along with other contract and design related works, is underway to ensure that for a favourable decision from the IPC in the first half of 2021, the Project will be as ready for Final Investment Decision and as “Shovel Ready’ as practical.

Page 7

Ben Hur Project

In September 2020 Regis acquired the Ben Hur Gold Project and associated tenement package covering 50km[2] in the Duketon district. Ben Hur has a Mineral Resource compliant with JORC Code 2012 of 5.8Mt @ 1.6 g/t Au for 290koz. This deposit is approximately 30km south of Garden Well and is an ideal ore source expected to provide valuable oxide open pit material with further resource growth potential.

During the December quarter 22,857m of RC drilling was completed to reduce drill spacing across the resource area to 25m x 25m and extend the resource down dip with drill testing at depth on a 50m x 50m spacing. 484m of diamond drilling was completed for geotechnical purposes. Metallurgical and other feasibility studies are underway in order to update the Mineral Resource Estimate and potentially provide sufficient data to develop a Maiden Ore Reserve.

Drilling completed within the resource shell returned gold intercepts consistent with historical drill assays confirming the grade estimate of the acquired resource.

Drilling outside of the resource shell returned a number of significant gold intercepts that confirm the potential for resource growth at depth and along the 2km strike length (Figure 4).

Significant high-grade intersections from RC drilling that potentially extend the resource envelope include:

  • 3 metres @ 24.5 g/t gold from 100 m RRLBENRC031

  • • 6 metres @ 5.5 g/t gold from 101 m RRLBENRC062 • 9 metres @ 6.1 g/t gold from 109 m RRLBENRC064 • 3 metres @ 17.6 g/t gold from 142 m RRLBENRC087 • 34 metres @ 2.9 g/t gold from 201 m RRLBENRC098 • 14 metres @ 2.0 g/t gold from 188 m RRLBENRC038 • 8 metres @ 2.3 g/t gold from 217 m RRLBENRC040 • RRLBENRC044

  • 8 metres @ 2.3 g/t gold from 217 m RRLBENRC040

  • • 7 metres @ 2.9 g/t gold from 148 m RRLBENRC044 • 9 metres @ 9.6 g/t gold from 194 m RRLBENRC100

Drill hole and sample details for all holes are included in Appendix 1 to this report. Ben Hur intercepts above calculated using a 0.5 g/t gold lower cut, no upper cut, maximum 2m internal dilution. All RC drill assays determined on 1m split samples by fire assay.

Results for 30 RC holes drilled are pending.

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Figure 4: Ben Hur Project cross section showing down dip resource growth potential

Page 8

ADVANCING DUKETON EXPLORATION

Regis continued intensive regional exploration drilling activities across the Duketon Greenstone Belt during the quarter with 49,706 metres of drilling completed on priority target areas (Figure 5). All drill assay results received during the quarter and considered material are presented in Appendix 1.

Resource drill metres increased this quarter to provide sufficient data for the upgrade of the Ben Hur Resource to a Maiden Open Pit Reserve. Drilling at Ben Hur will continue into the next quarter to test the potential for strike extensions or satellite deposits along the mineralised trend.

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Figure 5: Location of exploration activities across the Duketon Greenstone Belt. Prospects in red drilled during the December quarter.

Page 9

Exploration drilling also continues across high priority regional targets for potential new open-pit oxide resources, and deep exploration drilling for depth extensions to existing gold resources continued at Rosemont, Garden Well, and Tooheys Well. Drill assay results for Rosemont, Garden Well, and Gloster are discussed below. All drill assay results are pending for Tooheys Well, however drilling to date shows positive mineralisation indicators and these results will be discussed in the March quarter.

Surface samples have now been collected over all priority areas. Exploration surface and drill samples are analysed for gold, pathfinder, and lithochemical elements. Interpretation of assay results in shallow AC drilling and surface samples continues to provide very encouraging results that are being used to generate vectors towards large gold deposits under cover.

Drill Type Dec-19 Mar-20 Jun-20 Sep-20 Dec-20
Resource
Definition
Drill metres		 AC 505 3,237 1,887 0 1,156
RC 7,165 11,545 10,859 17,929 25,510
DD/RCD 6,772 11,537 7,581 6,981 484
Total 14,442 26,319 20,327 24,910 27,150
Exploration
Drill metres		 AC 18,077 34,527 39,813 13,887 9,383
RC 6,786 354 2,541 6,258 3,142
DD/RCD 1,912 564 6,810 8,690 9,663
Total 26,775 35,445 49,164 28,835 22,188
Lag Samples 3,369 10,458 1,395 10,974 13

Table 4: Historic exploration activity in both Resource Definition and Exploration activity

Garden Well Underground: Pursuing Potential Underground Extensions under North

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Figure 6: Garden Well long section looking west showing high grade intercepts only in the north, and the approved underground mine at Garden Well South.

1km to the North of the approved Garden Well South underground Project there is another target area that is the down plunge extension of the Garden Well North mineralisation (Figure 6). This opportunity has had pleasing results to date.

Deep drilling continues beneath the northern end of the pit to test the continuity of significant gold mineralisation including 9m @ 8.7 g/t Au and 9m @ 5.3 g/t Au identified in earlier drill programmes. Seven diamond holes were drilled during the quarter for 3,438m. Assay results confirm two separate high-grade south plunging shoots are hosted within sheared ultramafics beneath the northern end of the pit. Significant results include:

  • 4.3 metres @ 13.9 g/t gold from 419.8 m RRLGDDD179

  • • 0.3 metres @ 113 g/t gold from 384.9 m RRLGDDD180

Page 10

• 1.7 metres @ 10.1 g/t gold from 437.1 m RRLGDDD183

Drill hole and sample details for all holes are included in Appendix 1 to this report. Garden Well intercepts above calculated using a 2.0 g/t gold lower cut, no upper cut, maximum 2m internal dilution. All diamond drill assays determined on half core (NQ2) samples by fire assay.

Diamond drilling will continue into the March quarter to determine the continuity of these high-grade shoots at depth.

Rosemont: Testing Depth Extent

Deep drilling continued at Rosemont to explore the high-grade shoots which extend at depth beneath existing underground infrastructure. During the quarter 4,540m of diamond drilling was completed to test down plunge extensions of high-grade gold mineralisation outside the current underground resource domains.

Drill results below the northern end of Main Pit also show narrow intercepts and indicate the potential for new high-grade shoots in this area. The drill results at Rosemont south show two new ore shoots with multiple intercepts over suitable widths for underground mine development. Drilling will continue in the March quarter to delineate the size of the new high-grade shoots at Rosemont South.

The orebody at Rosemont is hosted in a steeply dipping north trending quartz-dolerite unit intruding into a mafic-ultramafic sequence. Figure 7 illustrates the initial drill hole intercepts with economic gold grades up to 400m down plunge of the southern underground workings which include:

  • 0.4 metres @ 26 g/t gold from 447.1 m

0.4 metres @ 26 g/t gold from 447.1 m RRLRMDD054 • 2.4 metres @ 5.9 g/t gold from 485.5 m RRLRMDD054 • 0.9 metres @ 15.4 g/t gold from 342.6 m RRLRMDD056 • 1.0 metres @ 10.6 g/t gold from 176 m RRLRMDD060 • 2.7 metres @ 38.3 g/t gold from 435.3 m RRLRMDD060

Drill hole and sample details for all holes are included in Appendix 1 to this report. Rosemont intercepts above calculated using a 2.0 g/t gold lower cut, no upper cut, maximum 2m internal dilution. All diamond drill assays determined on half core (NQ2) samples by fire assay.

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Figure 7. Rosemont South Long Section showing high grade intercepts indicating the potential for underground resource growth.

Page 11

Gloster: Pursuing New Underground Resources

The Gloster gold deposit is hosted in a package of intermediate volcanics and intrusives. The gold mineralised system is structurally complex, consisting of steeply dipping shears and multiple flat lying mineralised vein sets beneath the existing pit. Mineralised zones are characterised by several metres of quartz-carbonate-sulphide veins with visible gold.

RC and Diamond drilling to date has provided sufficient data to generate a preliminary lithological and mineralisation model. Mineralised shoots persist to 500m beneath the pit and consist of a series of narrow, high grade, strike limited quartz veins. An internal review is underway to determine if this mineralisation will prove economic for an underground mine development. Gold intercepts close to the base of the pit could contribute to extending reserves and ultimately driving the base of the pit deeper.

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Figure 8: Gloster cross section with anomalous high grade intercepts with potential for UG development

Significant diamond and RC drill results received during the December quarter are listed below and shown in Figure 8:

• 5.2 metres @ 4.7 g/t gold from 200.9 m RRLGLDD024
• 0.5 metres @ 51.2 g/t gold from 407.3 m RRLGLDD024
• 1 metres @ 20.8 g/t gold from 73 m RRLGLRC498
• 3 metres @ 9.2 g/t gold from 101 m RRLGLRC508
• 3 metres @ 25.7 g/t gold from 10 m RRLGLRC509

Drill hole and sample details for all holes are included in Appendix 1 to this report. Gloster intercepts above calculated using a 2.0 g/t gold lower cut, no upper cut, maximum 2m internal dilution. All diamond drill assays determined on half core (NQ2), all RC drill assays determined on 1m split samples by fire assay.

Page 12

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 Ms Tara French who is a member of the Australian Institute of Geoscientists. Ms French has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which she 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’. Ms French is a full-time employee of Regis Resources Ltd and consents to the inclusion in the report of the matters based on her information in the form and context in which it appears.

JORC 2012 Mineral Resource and Ore Reserves

Regis confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the definition of the Mineral Resource and Ore Reserves in the relevant market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Persons findings are presented have not been materially modified from the original market announcements.

Regis confirms that all the material assumptions underpinning the Feasibility Study production targets on the Garden Well South Underground Project (see ASX release dated 14 December 2020), or the forecast financial information derived from a production target, in the initial public reports continue to apply and have not materially changed.

FORWARD LOOKING STATEMENTS

This ASX announcement may contain forward looking statements that are subject to risk factors associated with gold exploration, mining and production businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially, including but not limited to price fluctuations, actual demand, currency fluctuations, drilling and production results, Reserve estimations, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory changes, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates.

Forward-looking statements, including projections, forecasts and estimates, are provided as a general guide only and should not be relied on as an indication or guarantee of future performance and involve known and unknown risks, uncertainties and other factors, many of which are outside the control of Regis Resources Ltd. Past performance is not necessarily a guide to future performance and no representation or warranty is made as to the likelihood of achievement or reasonableness of any forward looking statements or other forecast.

CORPORATE DIRECTORY

Regis Resources Ltd ( ACN 009 174 761) Registered Office

Second Floor, 516 Hay Street Subiaco, WA Australia 6008 Tel +618 9442 2200

Website www.regisresources.com Email [email protected]

Directors

Mr James Mactier (Non-Executive Chairman) Mr Jim Beyer (Managing Director) Mrs Fiona Morgan (Non-Executive Director) Mr Steve Scudamore (Non-Executive Director) Mrs Lynda Burnett (Non-Executive Director) Mr Russell Barwick (Non-Executive Director)

Company Secretary

Ms Elena Macrides

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 2020)

Security Code No. Quoted
Ordinary Shares RRL 512,027,079

Page 13

Quarterly Report to 31 December 2020 APPENDIX 1 – Exploration Results

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Quarterly Report to 31 December 2020
APPENDIX 1 – Exploration Results
Ben Hur Collar Location Intersection >1.0ppm Au
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLBENDD001
6884972
437620
480
‐60
256
225.38		 AwaitingResults
RRLBENDD002
6885038
437496
480
‐60
256
118.74		 AwaitingResults
RRLBENDD003
6883879
437862
480
‐60
256
139.86		 AwaitingResults
RRLBENRC001
6885211
437453
475
‐60
256
156
RRLBENRC001		 104
105
1
1.19
114
115
1
1.06
RRLBENRC002
6885216
437471
475
‐60
256
174
RRLBENRC002
RRLBENRC002
RRLBENRC002
RRLBENRC002		 82
83
1
1.26
111
117
6
2.23
133
134
1
1.09
136
137
1
1.09
139
140
1
1.91
RRLBENRC003
6885154
437426
475
‐60
256
120
RRLBENRC003
RRLBENRC003
RRLBENRC003
RRLBENRC003
RRLBENRC003
RRLBENRC003
RRLBENRC003		 13
14
1
1.14
19
20
1
1.35
27
28
1
5.87
31
32
1
2.39
36
39
3
1
42
46
4
1.3
48
49
1
1.17
59
60
1
1.78
RRLBENRC004
6885158
437446
475
‐60
256
156
RRLBENRC004
RRLBENRC004
RRLBENRC004		 35
38
3
1.17
45
46
1
1.1
66
73
7
2.36
78
82
4
1.62
RRLBENRC005
6885164
437470
475
‐60
256
150
RRLBENRC005
RRLBENRC005		 92
93
1
4.5
96
101
5
2.64
105
106
1
2.62
RRLBENRC006
6885170
437491
476
‐60
256
184
RRLBENRC006
RRLBENRC006
RRLBENRC006		 99
100
1
1.08
112
113
1
1.04
128
130
2
1.62
133
135
2
1.68
RRLBENRC007
6885175
437508
476
‐60
252
190		 147
154
7
1.89
RRLBENRC008
6885242
437456
475
‐60
255
154		 131
134
3
1.36
RRLBENRC009
6885321
437376
474
‐60
256
136		 No significant Intercept
RRLBENRC010
6885150
437519
476
‐60
255
208
RRLBENRC010
RRLBENRC010		 141
142
1
1.3
147
148
1
1.3
155
161
6
1.1
RRLBENRC011
6885117
437487
475
‐60
255
154
RRLBENRC011
RRLBENRC011		 78
79
1
29.8
83
95
12
1.52
99
100
1
1.64
RRLBENRC012
6885123
437508
476
‐60
256
160
RRLBENRC012
RRLBENRC012		 107
109
2
1.79
114
116
2
1.23
124
126
2
2.57
RRLBENRC013
6885128
437527
476
‐60
256
178
RRLBENRC013		 141
143
2
3.82
147
148
1
1.53
RRLBENRC014
6885201
437489
475
‐60
252
190
RRLBENRC014
RRLBENRC014		 105
106
1
1.02
136
137
1
3.6
143
147
4
1.24
RRLBENRC015
6885216
437372
475
‐60
256
100		 No significant Intercept
RRLBENRC016
6885075
437512
476
‐60
252
160
RRLBENRC016
RRLBENRC016		 82
84
2
2.28
87
91
4
1.81
95
97
2
2.59
RRLBENRC017
6885080
437528
476
‐60
252
166
RRLBENRC017		 99
100
1
1.5
104
105
1
1.68
RRLBENRC018
6885086
437546
476
‐60
252
214
RRLBENRC018
RRLBENRC018		 137
138
1
1.75
142
143
1
1.18
172
173
1
1.29
RRLBENRC019
6885107
437539
476
‐60
252
208
RRLBENRC019
RRLBENRC019
RRLBENRC019		 122
123
1
2.1
137
144
7
1.56
147
148
1
1.24
151
152
1
1.35
RRLBENRC020
6885056
437551
476
‐60
256
178
RRLBENRC020		 118
119
1
1.19
131
140
9
5.76
RRLBENRC021
6885063
437473
476
‐60
252
100
RRLBENRC021
RRLBENRC021
RRLBENRC021		 35
36
1
1.74
40
48
8
1.45
56
59
3
1.11
60
61
1
1
RRLBENRC022
6885021
437517
476
‐60
256
142		 79
80
1
3.53

Quarterly Report to 31 December 2020 APPENDIX 1 – Exploration Results

==> picture [125 x 38] intentionally omitted <==

Quarterly Report to 31 December 2020
APPENDIX 1 – Exploration Results
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLBENRC022 85
90
5
2.34
RRLBENRC023
6885026
437533
476
‐60
256
154		 108
110
2
2.66
RRLBENRC024
6885030
437550
476
‐61
256
172
RRLBENRC024		 121
122
1
3.32
125
126
1
2.22
RRLBENRC025
6884735
437692
479
‐60
256
196		 No significant Intercept
RRLBENRC026
6884730
437671
479
‐60
256
160		 120
124
4
1.35
RRLBENRC027
6884365
437761
476
‐60
252
154
RRLBENRC027
RRLBENRC027		 96
97
1
1.25
104
105
1
1.25
118
120
2
1.3
RRLBENRC028
6884004
437944
477
‐60
252
226
RRLBENRC028		 150
151
1
1.06
168
172
4
1.14
RRLBENRC029
6884008
437963
477
‐60
252
244		 191
192
1
1.7
RRLBENRC030
6884820
437622
480
‐60
252
130		 No significant Intercept
RRLBENRC031
6884845
437728
480
‐60
252
130		 100
102
2
36.35
RRLBENRC032
6884325
437763
477
‐60
244
130
RRLBENRC032		 97
98
1
2.87
104
106
2
1.23
RRLBENRC033
6884329
437777
477
‐60
245
154		 106
108
2
1.52
RRLBENRC034
6884320
437745
477
‐58
242
112
RRLBENRC034		 58
60
2
4.06
73
76
3
8
RRLBENRC035
6884246
437708
477
‐58
242
82		 No significant Intercept
RRLBENRC036
6884274
437792
475
‐60
254
160
RRLBENRC036		 109
111
2
8.65
115
118
3
13.63
RRLBENRC037
6884819
437635
478
‐60
256
154		 No significant Intercept
RRLBENRC038
6883792
438042
478
‐60
256
250		 190
201
11
2.35
RRLBENRC039
6883796
438062
478
‐60
252
280
RRLBENRC039		 32
36
4
1.29
225
226
1
2.02
RRLBENRC040
6883818
438049
478
‐60
256
268
RRLBENRC040
RRLBENRC040		 20
24
4
1.86
211
214
3
1.07
218
225
7
2.49
RRLBENRC041
6883820
438069
478
‐60
256
304		 AwaitingResults
RRLBENRC042
6883724
438095
479
‐60
256
282
RRLBENRC042		 240
244
4
2.66
247
248
1
1.23
RRLBENRC043
6884881
437657
478
‐60
256
216
RRLBENRC043		 24
28
4
1.36
174
177
3
1.63
RRLBENRC044
6884927
437632
477
‐60
256
210		 149
155
6
3.25
RRLBENRC045
6885025
437600
476
‐60
252
222		 AwaitingResults
RRLBENRC046
6885030
437616
477
‐60
252
228		 AwaitingResults
RRLBENRC047
6884932
437649
477
‐60
256
217		 AwaitingResults
RRLBENRC048
6885205
437506
475
‐60
252
210		 AwaitingResults
RRLBENRC049
6885114
437559
476
‐60
252
216		 AwaitingResults
RRLBENRC050
6884776
437655
478
‐60
256
150		 AwaitingResults
RRLBENRC051
6884991
437490
476
‐60
250
144		 32
36
4
1.04
RRLBENRC052
6885007
437541
476
‐60
252
204		 97
106
9
8.54
RRLBENRC053
6884978
437549
476
‐60
256
132		 86
100
14
2.25
RRLBENRC054
6884983
437567
476
‐60
256
162
RRLBENRC054
RRLBENRC054		 109
110
1
3.18
114
123
9
3.93
134
135
1
1.15
RRLBENRC055
6884989
437588
476
‐60
256
192
RRLBENRC055
RRLBENRC055		 28
32
4
6.24
133
134
1
4.82
142
144
2
1.84
RRLBENRC056
6884957
437557
477
‐60
256
126		 80
88
8
9.55
RRLBENRC057
6884966
437600
477
‐60
256
192		 134
143
9
2.8
RRLBENRC058
6884937
437589
477
‐60
256
150		 103
107
4
5.67
RRLBENRC059
6884941
437605
477
‐60
256
180		 127
133
6
1.73
RRLBENRC060
6884911
437573
477
‐60
256
120		 77
80
3
2.7
RRLBENRC061
6884889
437584
477
‐60
256
120		 72
76
4
1.91
RRLBENRC062
6884894
437606
477
‐60
256
150		 101
107
6
5.5
RRLBENRC063
6884869
437608
478
‐60
256
120		 81
85
4
1.65
RRLBENRC064
6884874
437628
478
‐60
256
150
RRLBENRC064		 22
23
1
2.14
112
118
6
8.96
RRLBENRC065
6884877
437643
478
‐60
256
180		 134
145
11
3.05
RRLBENRC066
6885019
437582
476
‐60
252
180
RRLBENRC066		 34
35
1
2.71
145
151
6
3.38
RRLBENRC067
6884933
437576
477
‐60
256
120		 89
92
3
1.57

Quarterly Report to 31 December 2020 APPENDIX 1 – Exploration Results

==> picture [125 x 38] intentionally omitted <==

Quarterly Report to 31 December 2020
APPENDIX 1 – Exploration Results
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLBENRC068
6884918
437601
477
‐60
256
156		 114
115
1
2.1
RRLBENRC069
6884922
437616
477
‐60
256
180		 129
131
2
3.91
RRLBENRC070
6884836
437589
478
‐60
256
102		 No significant Intercept
RRLBENRC071
6884839
437604
478
‐60
256
132		 No significant Intercept
RRLBENRC072
6884819
437727
479
‐60
252
156		 92
93
1
2.46
RRLBENRC073
6884772
437640
478
‐60
256
138		 91
97
6
3.21
RRLBENRC074
6884744
437641
479
‐60
252
120		 80
86
6
3.39
RRLBENRC075
6884732
437593
478
‐61
251
72		 4
5
1
2.71
RRLBENRC076
6884749
437655
479
‐61
253
144		 107
110
3
2.03
RRLBENRC077
6884752
437670
479
‐61
253
150
RRLBENRC077		 76
77
1
4.34
128
129
1
2.2
RRLBENRC078
6883654
438013
479
‐61
256
189		 102
103
1
27.8
RRLBENRC079
6883658
438029
479
‐61
256
183
RRLBENRC079
RRLBENRC079
RRLBENRC079		 126
127
1
1.01
134
135
1
2.96
138
144
6
3.01
147
149
2
2.3
RRLBENRC080
6883706
438025
479
‐61
256
216
RRLBENRC080
RRLBENRC080		 126
127
1
1.65
131
138
7
1.24
143
145
2
1.54
RRLBENRC081
6883710
438040
479
‐60
256
240		 161
173
12
3.14
RRLBENRC082
6883736
438045
479
‐60
256
258
RRLBENRC082		 174
175
1
3.03
181
194
13
3.19
RRLBENRC083
6883754
437987
478
‐60
252
162
RRLBENRC083
RRLBENRC083
RRLBENRC083		 54
55
1
1.26
95
96
1
1.26
101
104
3
12.03
116
121
5
1.97
RRLBENRC084
6883764
438027
479
‐60
252
222		 172
190
18
2.66
RRLBENRC085
6884345
437775
476
‐60
252
162
RRLBENRC085		 106
107
1
1.61
126
127
1
1.21
RRLBENRC086
6883882
437991
478
‐59
252
210
RRLBENRC086
RRLBENRC086		 124
125
1
1.26
156
157
1
3.6
162
178
16
2.39
RRLBENRC087
6883836
438008
478
‐60
256
210
RRLBENRC087
RRLBENRC087		 142
144
2
26.11
150
159
9
2.97
162
175
13
4.49
RRLBENRC088
6883841
438026
478
‐60
256
282
RRLBENRC088
RRLBENRC088
RRLBENRC088		 174
176
2
3.5
180
181
1
2.59
185
193
8
1.63
196
204
8
1.68
RRLBENRC089
6883815
438033
478
‐60
256
240
RRLBENRC089		 183
189
6
1.45
192
194
2
2.3
RRLBENRC090
6883848
437965
478
‐63
252
174
RRLBENRC090
RRLBENRC090
RRLBENRC090
RRLBENRC090		 81
82
1
2.9
101
106
5
4.3
109
110
1
4.73
113
130
17
1.45
133
138
5
2.26
RRLBENRC091
6883790
438027
478
‐60
252
216
RRLBENRC091		 114
115
1
10.2
151
164
13
1.62
RRLBENRC092
6883980
437969
477
‐60
252
234		 177
179
2
1.45
RRLBENRC093
6883893
437951
478
‐60
256
180
RRLBENRC093
RRLBENRC093
RRLBENRC093		 94
98
4
1.14
109
110
1
1.07
114
132
18
3.12
136
137
1
1.71
RRLBENRC094
6883950
437952
477
‐60
256
198
RRLBENRC094
RRLBENRC094
RRLBENRC094
RRLBENRC094
RRLBENRC094
RRLBENRC094		 104
105
1
1.28
107
108
1
1.18
110
111
1
1.06
126
134
8
1.49
137
138
1
1.34
143
149
6
2.92
152
153
1
1.78
RRLBENRC095
6883958
437992
477
‐60
256
264		 199
200
1
1.59
RRLBENRC096
6883936
437982
477
‐60
253
234
RRLBENRC096
RRLBENRC096
RRLBENRC096
RRLBENRC096
RRLBENRC096		 119
120
1
5.03
164
165
1
1.98
169
170
1
1.46
177
178
1
8.48
187
189
2
1.2
192
198
6
1.5

Quarterly Report to 31 December 2020 APPENDIX 1 – Exploration Results

==> picture [125 x 38] intentionally omitted <==

Quarterly Report to 31 December 2020
APPENDIX 1 – Exploration Results
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLBENRC096 201
202
1
1.85
RRLBENRC097
6883940
438004
478
‐60
253
264
RRLBENRC097		 205
206
1
1.12
218
223
5
2.45
RRLBENRC098
6883905
438002
478
‐60
256
264		 160
161
1
1
RRLBENRC098
RRLBENRC098
RRLBENRC098		 179
180
1
3.39
201
202
1
1.23
205
235
30
3.21
RRLBENRC099
6883663
438048
479
‐60
256
216
RRLBENRC099
RRLBENRC099		 159
162
3
5.25
165
166
1
1.9
169
174
5
2.03
RRLBENRC100
6883714
438055
479
‐60
256
240
RRLBENRC100		 179
180
1
4.13
194
202
8
10.74
RRLBENRC101
6883771
438065
478
‐60
253
262		 AwaitingResults
RRLBENRC102
6884684
437690
479
‐60
256
162		 AwaitingResults
RRLBENRC103
6883887
438024
478
‐60
251
262		 AwaitingResults
RRLBENRC104
6884897
437618
477
‐60
256
174		 AwaitingResults
RRLBENRC105
6884275
437814
476
‐56
248
178		 AwaitingResults
RRLBENRC106
6884901
437631
477
‐60
256
186		 AwaitingResults
RRLBENRC107
6883978
437983
477
‐60
252
238		 AwaitingResults
RRLBENRC108
6885155
437536
476
‐60
256
210		 AwaitingResults
RRLBENRC109
6883639
438071
479
‐60
256
232		 AwaitingResults
RRLBENRC110
6885181
437529
476
‐60
256
228		 AwaitingResults
RRLBENRC111
6883842
438040
478
‐60
261
250		 AwaitingResults
RRLBENRC112
6885159
437554
476
‐62
256
246		 AwaitingResults
RRLBENRC113
6883588
438075
480
‐60
256
214		 AwaitingResults
RRLBENRC114
6884823
437650
478
‐60
256
168		 AwaitingResults
RRLBENRC115
6883643
438088
479
‐60
256
250		 AwaitingResults
RRLBENRC116
6884842
437617
478
‐60
257
132		 AwaitingResults
RRLBENRC118
6884847
437635
478
‐60
256
144		 AwaitingResults
RRLBENRC120
6885035
437571
476
‐60
256
186		 AwaitingResults
RRLBENRC122
6885058
437567
476
‐60
256
216		 AwaitingResults
RRLBENRC124
6884993
437607
477
‐60
256
210		 AwaitingResults
RRLBENRC126
6884832
437680
479
‐60
256
216		 AwaitingResults
RRLBENRC128
6883527
438134
481
‐60
256
264		 AwaitingResults
RRLBENRC130
6883519
438102
481
‐60
256
210		 AwaitingResults
Betelgeuse Collar Location Intersection >1.0ppm Au
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLBTGRC001
6936030
413380
520
‐60
270
240		 No significant Intercept
RRLBTGRC002
6936035
413466
520
‐60
270
204		 No significant Intercept
RRLBTGRC003
6936031
413539
520
‐60
270
12		 No significant Intercept
RRLBTGRC004
6936036
413543
520
‐60
270
204		 No significant Intercept
RRLBTGRC005
6936030
413621
520
‐60
270
204		 No significant Intercept
RRLBTGRC006
6935829
413527
520
‐60
270
200		 No significant Intercept
RRLBTGRC007
6935830
413916
520
‐60
270
204		 No significant Intercept
RRLBTGRC008
6935633
413543
520
‐60
270
204		 No significant Intercept
RRLBTGRC009
6935625
413622
520
‐60
270
204		 No significant Intercept
RRLBTGRC010
6935639
413698
520
‐60
270
204		 No significant Intercept
RRLBTGRC011
6935628
413861
520
‐60
270
204		 No significant Intercept
RRLBTGRC012
6935424
413603
520
‐60
270
204		 No significant Intercept
RRLBTGRC013
6935430
413779
520
‐60
270
252		 No significant Intercept
RRLBTGRC014
6935428
413863
520
‐60
270
222		 No significant Intercept
RRLBTGRC015
6935436
413706
520
‐60
270
150		 No significant Intercept
RRLBTGRC016
6935424
413907
520
‐60
270
268		 No significant Intercept
RRLBTGRC017
6935230
413701
520
‐60
269
210		 No significant Intercept
RRLBTGRC018
6935230
413780
520
‐60
272
204		 No significant Intercept
RRLBTGRC019
6935230
413861
520
‐60
270
210		 No significant Intercept
RRLBTGRC020
6935230
414020
520
‐60
270
222		 No significant Intercept
RRLBTGRC021
6935000
413900
520
‐60
270
198		 No significant Intercept
RRLBTGRC022
6935000
414140
520
‐60
270
186		 No significant Intercept
RRLBTGRC023
6934395
414653
520
‐60
270
204		 No significant Intercept
RRLBTGRC024
6934400
414822
520
‐60
270
204		 No significant Intercept
RRLBTGRC025
6934403
414980
520
‐60
270
204		 No significant Intercept

Quarterly Report to 31 December 2020 APPENDIX 1 – Exploration Results

==> picture [125 x 38] intentionally omitted <==

Quarterly Report to 31 December 2020
APPENDIX 1 – Exploration Results
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLBTGRC026
6934400
415137
520
‐60
270
234		 No significant Intercept
RRLBTGRC027
6934220
414900
520
‐60
270
204		 No significant Intercept
RRLBTGRC028
6934226
415100
520
‐60
270
204		 No significant Intercept
RRLBTGRC029
6934028
415061
520
‐60
270
204		 No significant Intercept
RRLBTGRC030
6934030
415220
520
‐60
270
204		 No significant Intercept
RRLBTGRC031
6934030
415300
520
‐60
269
204		 No significant Intercept
Butchers Well Collar Location Intersection >1.0ppm Au
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLBWAC207
6923162
434165
500
‐60
260
49		 No significant Intercept
RRLBWAC208
6923178
434247
500
‐60
260
58		 No significant Intercept
RRLBWAC209
6923196
434333
500
‐60
259
45		 No significant Intercept
RRLBWAC210
6923211
434411
500
‐60
260
51		 AwaitingResults
RRLBWAC211
6923221
434477
500
‐60
255
53		 No significant Intercept
RRLBWAC212
6923257
434645
500
‐60
260
36		 No significant Intercept
RRLBWAC213
6923282
434805
500
‐60
258
84		 No significant Intercept
RRLBWAC214
6923316
434954
500
‐60
261
125		 No significant Intercept
RRLBWAC215
6923721
434168
500
‐60
261
61		 No significant Intercept
RRLBWAC216
6923730
434236
500
‐60
258
55		 No significant Intercept
RRLBWAC217
6923751
434320
500
‐60
258
61		 No significant Intercept
RRLBWAC218
6923766
434404
500
‐60
264
71		 No significant Intercept
RRLBWAC219
6923782
434494
500
‐60
258
44		 No significant Intercept
RRLBWAC220
6923789
434549
500
‐60
257
59		 No significant Intercept
RRLBWAC221
6923804
434627
500
‐60
256
50		 No significant Intercept
RRLBWAC222
6923839
434787
500
‐60
263
72		 No significant Intercept
RRLBWAC223
6923870
434949
500
‐60
261
84		 No significant Intercept
RRLBWAC224
6923905
435107
500
‐60
258
95		 No significant Intercept
Baneygo Collar Location Intersection >1.0ppm Au
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLBYRCD740
6906374
432305
498
‐54
75
567.3
RRLBYRCD740
RRLBYRCD740
RRLBYRCD740		 359.55
360.36
0.81
1.34
383
383.66
0.66
1.58
432.76
433.57
0.81
1.29
437.36
437.82
0.46
3.73
RRLBYRCD745
6906112
432396
494
‐60
75
549.2
RRLBYRCD745
RRLBYRCD745
RRLBYRCD745
RRLBYRCD745
RRLBYRCD745
RRLBYRCD745		 419
420
1
2.53
454
455
1
1.12
457
458
1
2.27
464
465.3
1.3
1.53
484
484.83
0.83
1.9
494
495
1
2.1
500.1
501
0.9
1.3
Campervan Collar Location Intersection >1.0ppm Au
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLCVRC001
6922297
443391
510
‐60
76
150		 No significant Intercept
RRLCVRC002
6922250
443188
510
‐60
76
150		 No significant Intercept
RRLCVRC003
6922205
443004
510
‐60
76
150		 No significant Intercept
RRLCVRC004
6922110
442610
510
‐60
76
150		 No significant Intercept
RRLCVRC005
6922065
442410
510
‐60
76
150		 No significant Intercept
RRLCVRC006
6924189
445007
510
‐60
76
150		 No significant Intercept
RRLCVRC007
6924149
444822
510
‐60
76
150		 No significant Intercept
RRLCVRC008
6924098
444638
510
‐60
76
156		 No significant Intercept
RRLCVRC009
6924049
444435
510
‐60
76
162		 No significant Intercept
RRLCVRC010
6923725
443064
510
‐60
76
150		 No significant Intercept
RRLCVRC011
6923687
442868
510
‐60
76
150		 No significant Intercept
RRLCVRC012
6923670
442759
510
‐60
76
174		 No significant Intercept
RRLCVRC013
6923638
442673
510
‐60
76
156		 No significant Intercept
RRLCVRC014
6923619
442587
510
‐60
76
160		 No significant Intercept
RRLCVRC015
6923591
442485
510
‐60
76
156		 No significant Intercept
Duketon Townsite Collar Location Intersection >1.0ppm Au
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLDTAC069
6938750
430770
500
‐60
271
67		 AwaitingResults

Quarterly Report to 31 December 2020 APPENDIX 1 – Exploration Results

==> picture [125 x 38] intentionally omitted <==

Quarterly Report to 31 December 2020
APPENDIX 1 – Exploration Results
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLDTAC070
6938750
430857
500
‐60
269
55		 AwaitingResults
RRLDTAC071
6938750
430933
500
‐60
270
65		 AwaitingResults
RRLDTAC072
6938750
431018
500
‐60
270
68		 AwaitingResults
RRLDTAC073
6938765
431092
500
‐60
273
100		 AwaitingResults
RRLDTAC074
6938756
431181
500
‐60
270
95		 AwaitingResults
RRLDTAC075
6938348
430899
500
‐60
272
73		 AwaitingResults
RRLDTAC076
6938348
430978
500
‐60
269
54		 AwaitingResults
RRLDTAC077
6938351
431058
500
‐60
270
67		 AwaitingResults
RRLDTAC078
6938348
431134
500
‐60
270
95		 AwaitingResults
RRLDTAC079
6938345
431223
500
‐60
270
108		 AwaitingResults
RRLDTAC080
6936363
429560
500
‐60
265
101		 AwaitingResults
RRLDTAC081
6936367
429613
500
‐60
270
101		 AwaitingResults
Garden Well Collar Location Intersection >1.0ppm Au
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLGDDD175
6913027
437351
498
‐62
264
594.7		 533.35
533.83
0.48
1.2
RRLGDDD176
6912650
437330
494
‐69
279
585.6
RRLGDDD176
RRLGDDD176
RRLGDDD176
RRLGDDD176
RRLGDDD176
RRLGDDD176
RRLGDDD176
RRLGDDD176
RRLGDDD176
RRLGDDD176		 243.05
243.45
0.4
1.61
406
412.3
6.3
1.35
420.6
422
1.4
3.92
424.5
436.35
11.85
2.53
444.6
466.6
22
2.14
470.9
472
1.1
1.12
488
492
4
1.16
509
510
1
1.11
513
513.8
0.8
4.34
524
525
1
1.01
543
544
1
9.04
RRLGDDD177
6912911
437360
498
‐62
270
570.9
RRLGDDD177
RRLGDDD177
RRLGDDD177
RRLGDDD177
RRLGDDD177
RRLGDDD177		 289.39
290.05
0.66
1.46
467.7
468
0.3
4.74
479.1
480
0.9
6.31
498
498.72
0.72
2.62
513
514
1
1.06
515
516
1
1.29
518.59
524
5.41
2.43
RRLGDDD178
6912838
437306
497
‐51
253
495
RRLGDDD178
RRLGDDD178
RRLGDDD178
RRLGDDD178
RRLGDDD178
RRLGDDD178
RRLGDDD178
RRLGDDD178		 390.63
395.68
5.05
2.77
398
399
1
1.08
404
405
1
1.4
410.65
412.53
1.88
2
414.92
416
1.08
2.15
425.7
429
3.3
1.05
436.29
436.66
0.37
1.17
444
444.42
0.42
2.08
464
465
1
1.57
RRLGDDD179
6912985
437314
498
‐50
280
531.5
RRLGDDD179
RRLGDDD179
RRLGDDD179
RRLGDDD179
RRLGDDD179
RRLGDDD179
RRLGDDD179
RRLGDDD179		 385
391.68
6.68
2.23
395
397
2
1.93
405
406.55
1.55
1.19
415
416
1
2.14
419
424
5
12.05
428.64
435.2
6.56
1.5
439.49
443.16
3.67
1.63
463.23
464.55
1.32
1.49
470
479.55
9.55
1.9
RRLGDDD180
6912983
437313
498
‐51
273
486.6
RRLGDDD180
RRLGDDD180
RRLGDDD180
RRLGDDD180
RRLGDDD180
RRLGDDD180
RRLGDDD180
RRLGDDD180
RRLGDDD180		 269
272
3
1.02
384.9
387.12
2.22
17.46
397.44
398.4
0.96
1.57
404
404.87
0.87
1.99
412.63
416.1
3.47
3.07
422.57
426.52
3.95
1.03
432.26
437.48
5.22
2.17
447.64
453
5.36
1.32
456
458.83
2.83
1.52
461.61
471.28
9.67
1.49
RRLGDDD181
6912840
437309
497
‐50
261
520.6
RRLGDDD181
RRLGDDD181
RRLGDDD181		 345
346.41
1.41
2.41
387.31
387.76
0.45
1.11
394.37
396.05
1.68
2.13
398.16
399.16
1
1.31

Quarterly Report to 31 December 2020

APPENDIX 1 – Exploration Results

==> picture [125 x 38] intentionally omitted <==

Quarterly Report to 31 December 2020
APPENDIX 1 – Exploration Results
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLGDDD181
RRLGDDD181
RRLGDDD181		 415
418.87
3.87
1.5
444
445
1
1.57
476
477
1
1.52
RRLGDDD182
6912980
437311
498
‐50
265
495.4
RRLGDDD182
RRLGDDD182
RRLGDDD182
RRLGDDD182
RRLGDDD182
RRLGDDD182
RRLGDDD182
RRLGDDD182		 174.73
175.43
0.7
1.78
401.94
402.88
0.94
2.86
408.19
408.75
0.56
1.13
412.94
416
3.06
1.13
418
418.85
0.85
1.39
420.52
421.37
0.85
1.49
443.44
447.17
3.73
2.02
452.06
457.15
5.09
1.04
458.48
459.37
0.89
1.78
RRLGDDD183
6912841
437311
497
‐55
260
534.7
RRLGDDD183
RRLGDDD183
RRLGDDD183
RRLGDDD183
RRLGDDD183
RRLGDDD183
RRLGDDD183
RRLGDDD183
RRLGDDD183		 207
208.2
1.2
1.11
390.34
391
0.66
4.02
393.18
394
0.82
1.35
395
396
1
1.38
402.05
402.92
0.87
1.23
407
408
1
1.5
434
438.84
4.84
4.06
443
447.88
4.88
1.37
462
468
6
1.21
485
485.72
0.72
4.31
Gloster Collar Location Intersection >1.0ppm Au
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLGLDD022
6950820
408925
553
‐51.5
246
492.4
RRLGLDD022
RRLGLDD022
RRLGLDD022
RRLGLDD022
RRLGLDD022
RRLGLDD022
RRLGLDD022
RRLGLDD022
RRLGLDD022
RRLGLDD022
RRLGLDD022
RRLGLDD022
RRLGLDD022
RRLGLDD022
RRLGLDD022
RRLGLDD022
RRLGLDD022
RRLGLDD022		 156.38
156.76
0.38
1.12
169.88
170.29
0.41
1.42
171.8
173.49
1.69
1.45
175.73
176
0.27
2.77
196.46
196.89
0.43
1.18
201
202.36
1.36
10.51
236.1
236.42
0.32
1.46
266.28
267.63
1.35
2.91
284
284.58
0.58
2.4
294.62
295.2
0.58
2.57
302.8
305.35
2.55
1.03
309.7
310.19
0.49
1.58
313
314
1
4
319.52
320.35
0.83
2.52
335
335.4
0.4
1.46
342.64
345.9
3.26
6.3
357.75
362
4.25
2.01
429
429.32
0.32
5.54
444
445
1
4.7
RRLGLDD023
6950821
408928
553
‐70
246
576.61
RRLGLDD023
RRLGLDD023
RRLGLDD023
RRLGLDD023
RRLGLDD023
RRLGLDD023
RRLGLDD023
RRLGLDD023
RRLGLDD023
RRLGLDD023
RRLGLDD023
RRLGLDD023
RRLGLDD023
RRLGLDD023
RRLGLDD023
RRLGLDD023
RRLGLDD023
RRLGLDD023
RRLGLDD023
RRLGLDD023
RRLGLDD023
RRLGLDD023		 162.86
165.3
2.44
3.79
187.19
187.76
0.57
17.99
193.16
193.51
0.35
1.74
203.66
204.77
1.11
1.45
216.44
219.97
3.53
2.2
232
234.37
2.37
1.57
298.04
298.53
0.49
2.44
320.33
321.34
1.01
1.36
326.08
327.13
1.05
3.69
336.61
336.86
0.25
6.44
344.79
345.76
0.97
4.79
352.96
355.8
2.84
2.86
360.31
360.87
0.56
1.1
375.62
381.19
5.57
3.3
391.16
394
2.84
1.76
402.65
403
0.35
3.73
410.98
411.38
0.4
7.14
430
431.3
1.3
8.74
435.14
435.54
0.4
1.02
440.45
442.97
2.52
3.04
518.7
519.88
1.18
2.67
547.8
548.1
0.3
3.22
556.84
557.34
0.5
1.57
RRLGLDD024
6950805
408503
485
‐53
83
483.27
RRLGLDD024
RRLGLDD024		 43.74
46.44
2.7
1.1
66.11
71.45
5.34
1.99
98.77
99.52
0.75
1.64

Quarterly Report to 31 December 2020

APPENDIX 1 – Exploration Results

==> picture [125 x 38] intentionally omitted <==

Quarterly Report to 31 December 2020
APPENDIX 1 – Exploration Results
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLGLDD024
RRLGLDD024
RRLGLDD024
RRLGLDD024
RRLGLDD024
RRLGLDD024
RRLGLDD024
RRLGLDD024
RRLGLDD024
RRLGLDD024
RRLGLDD024
RRLGLDD024
RRLGLDD024
RRLGLDD024
RRLGLDD024
RRLGLDD024
RRLGLDD024
RRLGLDD024
RRLGLDD024		 115.7
116.13
0.43
4.8
123.5
124
0.5
1.18
146.86
148.34
1.48
1.56
176.98
177.4
0.42
19.3
188.28
189.76
1.48
3.37
200.85
206.09
5.24
4.7
218.56
220.8
2.24
5.67
260
261
1
3.8
282.86
285.35
2.49
1.69
295.9
296.94
1.04
2.16
303
306.9
3.9
1.31
312.5
313
0.5
4.58
315.4
317.1
1.7
1.96
329.6
330.02
0.42
5.49
362.15
362.72
0.57
3.06
379.52
380.35
0.83
3.48
384.5
385.78
1.28
5.96
407.32
407.83
0.51
51.2
416.76
417.39
0.63
2
RRLGLDD025
6950821
408928
553
‐60.5
246
522.6
RRLGLDD025
RRLGLDD025
RRLGLDD025
RRLGLDD025
RRLGLDD025
RRLGLDD025
RRLGLDD025
RRLGLDD025
RRLGLDD025
RRLGLDD025
RRLGLDD025
RRLGLDD025
RRLGLDD025
RRLGLDD025
RRLGLDD025
RRLGLDD025
RRLGLDD025
RRLGLDD025
RRLGLDD025
RRLGLDD025
RRLGLDD025
RRLGLDD025		 71.5
72
0.5
1.42
165.7
166
0.3
1.27
170.27
175
4.73
1.41
197.5
199.38
1.88
2.07
218
218.45
0.45
2.72
227.7
228.22
0.52
10.1
287.6
288
0.4
41.5
292.68
293.25
0.57
1.65
297
297.35
0.35
3.22
301.64
302.17
0.53
4.79
309
310
1
3.53
320.56
321.35
0.79
1.84
331.53
332.24
0.71
2.02
340
341.1
1.1
3.44
358.55
361.4
2.85
1.87
363.65
364.1
0.45
4.9
374.9
375.23
0.33
1.15
378.3
378.69
0.39
1.99
384
384.5
0.5
11.8
386.57
388.65
2.08
3.04
394.41
394.84
0.43
2.28
435.2
435.8
0.6
10
462
463
1
12.6
RRLGLDD026
6950907
408869
553
‐52
246
522.1
RRLGLDD026
RRLGLDD026
RRLGLDD026
RRLGLDD026
RRLGLDD026
RRLGLDD026
RRLGLDD026
RRLGLDD026
RRLGLDD026
RRLGLDD026
RRLGLDD026
RRLGLDD026
RRLGLDD026
RRLGLDD026
RRLGLDD026
RRLGLDD026
RRLGLDD026
RRLGLDD026
RRLGLDD026		 113.45
113.8
0.35
1.14
117.25
117.5
0.25
1.53
194.67
196.79
2.12
3.3
202.65
206.5
3.85
1.42
209.9
212
2.1
3.87
226.52
227
0.48
1.89
233.75
234.92
1.17
2.25
237.86
238.19
0.33
2.85
245
248.41
3.41
1.48
283.4
285.65
2.25
2.54
307.3
308.18
0.88
1.12
320.16
320.83
0.67
4.03
326.26
326.7
0.44
1.15
329.6
329.88
0.28
1.07
342.85
343.65
0.8
9.77
347.45
347.75
0.3
2.02
352.15
356.15
4
3.39
377.73
377.83
0.1
9.12
390.2
390.75
0.55
4.36
445.3
446
0.7
4
RRLGLDD027
6950908
408872
554
‐68
246
615.5
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027		 147.2
147.8
0.6
1.06
186.89
188
1.11
3.99
217
217.55
0.55
1.27
218.65
219.34
0.69
1.09
222.8
224.2
1.4
1.22
226.75
230.38
3.63
1.84
243.67
245
1.33
1.39
248.5
249.2
0.7
1.1

Quarterly Report to 31 December 2020

APPENDIX 1 – Exploration Results

==> picture [125 x 38] intentionally omitted <==

Quarterly Report to 31 December 2020
APPENDIX 1 – Exploration Results
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027
RRLGLDD027		 256
257
1
2.24
258.7
259.37
0.67
1.51
262.4
262.81
0.41
1
276
277
1
3.98
281
282
1
1.72
298
299
1
1.36
330.67
333.6
2.93
1.3
339.4
340.5
1.1
1.1
351.3
351.98
0.68
7.54
364.13
364.4
0.27
1.04
367.43
369.27
1.84
5.64
380.6
380.88
0.28
1.02
393
393.47
0.47
1.67
397.2
398.6
1.4
5.22
405.5
406.67
1.17
2.05
419.92
420.45
0.53
1.92
437.5
438.07
0.57
5.64
448
448.3
0.3
1.08
472.12
472.56
0.44
1.21
481.2
482.6
1.4
10.68
533.13
533.66
0.53
1.42
RRLGLRC494
6951100
408739
520
‐68
247
216
RRLGLRC494		 6
7
1
6.25
210
211
1
1
RRLGLRC495
6951017
408860
520
‐70
243
426
RRLGLRC495
RRLGLRC495
RRLGLRC495
RRLGLRC495
RRLGLRC495
RRLGLRC495
RRLGLRC495
RRLGLRC495
RRLGLRC495		 192
193
1
1.05
205
206
1
3.8
272
276
4
1.2
309
310
1
4.14
333
334
1
1.21
360
361
1
2.42
369
370
1
1.7
383
388
5
3.1
401
402
1
2.5
409
411
2
2.35
RRLGLRC496
6951198
408686
553
‐80
247
522
RRLGLRC496
RRLGLRC496
RRLGLRC496
RRLGLRC496
RRLGLRC496
RRLGLRC496		 23
24
1
8.4
67
68
1
1.07
116
117
1
4.34
364
365
1
6.65
370
373
3
2.05
456
457
1
1.9
490
491
1
3.83
RRLGLRC497
6950790
408672
460
‐60
246
78
RRLGLRC497
RRLGLRC497
RRLGLRC497
RRLGLRC497
RRLGLRC497
RRLGLRC497		 5
10
5
1.51
13
14
1
11
24
26
2
4.36
35
36
1
1.5
51
52
1
2.07
57
60
3
1.4
67
72
5
1.41
RRLGLRC498
6950791
408674
460
‐90
0
84
RRLGLRC498
RRLGLRC498
RRLGLRC498		 6
7
1
1.48
57
58
1
1.59
64
66
2
1.64
72
77
5
5.08
RRLGLRC499
6950770
408632
460
‐52
246
60
RRLGLRC499
RRLGLRC499		 5
7
2
6.86
16
17
1
1.45
53
54
1
3.42
RRLGLRC500
6950771
408635
460
‐90
0
66
RRLGLRC500
RRLGLRC500		 4
6
2
2.61
51
52
1
1.88
57
61
4
1.76
RRLGLRC501
6950759
408677
460
‐50
66
84		 38
39
1
2.37
RRLGLRC502
6950758
408676
460
‐77
66
84
RRLGLRC502
RRLGLRC502
RRLGLRC502		 23
26
3
1.55
29
30
1
1.34
34
35
1
2.15
41
46
5
1.75
RRLGLRC503
6950753
408662
460
‐68
246
84
RRLGLRC503
RRLGLRC503
RRLGLRC503		 25
26
1
2.65
36
37
1
1.63
60
61
1
7.78
77
78
1
1.16
RRLGLRC504
6950743
408693
460
‐73
66
90
RRLGLRC504
RRLGLRC504		 8
9
1
2.93
26
29
3
3.19
37
39
2
8.05

Quarterly Report to 31 December 2020 APPENDIX 1 – Exploration Results

==> picture [125 x 38] intentionally omitted <==

Quarterly Report to 31 December 2020
APPENDIX 1 – Exploration Results
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLGLRC504
RRLGLRC504
RRLGLRC504		 47
48
1
2.37
51
59
8
3.22
71
72
1
10
RRLGLRC505
6950736
408688
460
‐72
246
78
RRLGLRC505
RRLGLRC505
RRLGLRC505		 13
14
1
6.87
22
23
1
1.02
27
28
1
9.6
31
33
2
4.19
RRLGLRC506
6950726
408642
460
‐56
230
36
RRLGLRC506		 1
2
1
1.74
23
27
4
1.79
RRLGLRC507
6950735
408653
460
‐60
230
60
RRLGLRC507
RRLGLRC507
RRLGLRC507
RRLGLRC507
RRLGLRC507		 0
1
1
1.01
4
5
1
3.26
8
9
1
4.28
14
17
3
1.04
27
31
4
1.61
44
45
1
1.22
RRLGLRC508
6950719
408700
460
‐75
246
150
RRLGLRC508
RRLGLRC508
RRLGLRC508
RRLGLRC508
RRLGLRC508
RRLGLRC508		 14
15
1
1.54
18
19
1
8.32
43
48
5
1.13
63
64
1
2.23
73
74
1
2.28
94
98
4
2.64
101
104
3
9.18
RRLGLRC509
6950678
408678
460
‐58
248
60
RRLGLRC509
RRLGLRC509		 10
15
5
16
23
24
1
1.64
38
39
1
1.4
RRLGLRC510
6950692
408710
460
‐65
246
90
RRLGLRC510
RRLGLRC510
RRLGLRC510		 57
58
1
12.6
65
66
1
3.41
70
71
1
3.5
78
79
1
6.08
RRLGLRC511
6950660
408704
460
‐62
249
60
RRLGLRC511
RRLGLRC511
RRLGLRC511		 8
9
1
1.22
39
40
1
2.16
46
47
1
1.14
52
53
1
2.79
RRLGLRC512
6950670
408721
460
‐60
245
72
RRLGLRC512
RRLGLRC512
RRLGLRC512
RRLGLRC512
RRLGLRC512
RRLGLRC512
RRLGLRC512
RRLGLRC512		 11
12
1
6.74
25
27
2
1.17
30
32
2
1.44
34
35
1
1
39
41
2
1.71
43
44
1
1.5
48
49
1
2.33
58
59
1
1.36
70
71
1
2.74
RRLGLRC513
6950624
408714
460
‐60
248
42
RRLGLRC513		 0
1
1
1.09
23
26
3
1.99
RRLGLRC514
6950606
408816
452
‐66
247
60
RRLGLRC514
RRLGLRC514
RRLGLRC514
RRLGLRC514
RRLGLRC514		 8
9
1
1.85
21
22
1
1.07
29
30
1
1.82
35
36
1
1.16
41
42
1
2.41
54
55
1
2.23
RRLGLRC515
6950644
408789
452
‐54
249
42
RRLGLRC515
RRLGLRC515
RRLGLRC515		 3
4
1
2.83
13
18
5
1.35
26
29
3
3
36
37
1
2.1
RRLGLRC516
6950711
408746
455
‐82
244
84
RRLGLRC516
RRLGLRC516
RRLGLRC516
RRLGLRC516
RRLGLRC516
RRLGLRC516		 2
3
1
2.41
17
18
1
6.62
26
27
1
2.31
33
35
2
1.19
48
49
1
1.53
63
64
1
1.78
73
74
1
1.7
RRLGLRC517
6950682
408749
455
‐52
247
60
RRLGLRC517		 22
23
1
1.71
29
30
1
8.24
RRLGLRC518
6950696
408780
452
‐52
247
72
RRLGLRC518
RRLGLRC518
RRLGLRC518		 5
6
1
1.96
27
28
1
1.33
47
48
1
3.26
53
54
1
1.73
RRLGLRC519
6950640
408773
455
‐90
0
30		 0
1
1
2.16

Quarterly Report to 31 December 2020 APPENDIX 1 – Exploration Results

==> picture [125 x 38] intentionally omitted <==

Quarterly Report to 31 December 2020
APPENDIX 1 – Exploration Results
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLGLRC519
RRLGLRC519		 11
15
4
1.79
24
25
1
1.37
RRLGLRC520
6950627
408728
461
‐84
245
60
RRLGLRC520
RRLGLRC520		 24
25
1
2.1
30
31
1
16
40
41
1
3.06
Matts Bore Collar Location Intersection >1.0ppm Au
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLMBAC064
6945369
402440
500
‐60
270
59		 No significant Intercept
RRLMBAC065
6945365
402835
500
‐60
270
52		 No significant Intercept
RRLMBAC066
6945365
403240
500
‐60
270
65		 No significant Intercept
RRLMBAC067
6945365
403639
500
‐60
270
104		 No significant Intercept
RRLMBAC068
6945365
404040
540
‐60
270
103		 No significant Intercept
RRLMBAC069
6945365
404440
540
‐60
270
60		 No significant Intercept
RRLMBAC070
6945361
398839
540
‐60
270
45		 No significant Intercept
RRLMBAC071
6945367
399238
540
‐60
270
34		 No significant Intercept
RRLMBAC072
6945369
399637
540
‐60
270
38		 No significant Intercept
RRLMBAC073
6945365
400037
540
‐60
270
86		 No significant Intercept
RRLMBAC074
6945366
400434
540
‐60
266
77		 No significant Intercept
RRLMBAC075
6945363
401633
540
‐60
273
76		 No significant Intercept
RRLMBAC076
6945370
402026
540
‐60
271
59		 No significant Intercept
RRLMBAC077
6945367
404834
540
‐60
272
92		 No significant Intercept
RRLMBAC078
6946168
398442
540
‐60
264
48		 No significant Intercept
RRLMBAC079
6946165
398833
540
‐60
270
44		 No significant Intercept
RRLMBAC080
6946162
399233
540
‐60
270
36		 No significant Intercept
RRLMBAC081
6946165
399626
540
‐60
268
73		 No significant Intercept
RRLMBAC082
6946153
400042
540
‐60
270
82		 No significant Intercept
RRLMBAC083
6946176
400444
540
‐60
266
82		 No significant Intercept
RRLMBAC084
6946148
400832
540
‐60
268
79		 No significant Intercept
RRLMBAC085
6946153
401239
540
‐60
269
89		 No significant Intercept
RRLMBAC086
6946150
401641
540
‐60
270
68		 No significant Intercept
RRLMBAC087
6946156
402029
540
‐60
268
82		 No significant Intercept
RRLMBAC088
6946137
402439
540
‐60
270
71		 No significant Intercept
RRLMBAC089
6946146
402847
540
‐60
271
65		 No significant Intercept
RRLMBAC090
6946143
403244
540
‐60
271
109		 No significant Intercept
RRLMBAC091
6946135
403631
540
‐60
270
71		 No significant Intercept
RRLMBAC092
6945365
405244
540
‐60
271
92		 No significant Intercept
RRLMBAC093
6945367
405628
540
‐60
270
65		 No significant Intercept
RRLMBAC094
6945367
406038
540
‐60
270
79		 No significant Intercept
RRLMBAC095
6945368
406431
540
‐60
271
89		 No significant Intercept
RRLMBAC096
6945369
406840
540
‐60
270
85		 No significant Intercept
RRLMBAC097
6945362
407239
540
‐60
274
81		 No significant Intercept
RRLMBAC098
6945364
407638
540
‐60
269
105		 No significant Intercept
RRLMBAC099
6945362
408038
540
‐60
270
80		 No significant Intercept
RRLMBAC100
6944565
400040
540
‐60
270
38		 No significant Intercept
RRLMBAC101
6944565
400443
540
‐60
271
36		 No significant Intercept
RRLMBAC102
6944563
400836
540
‐60
271
62		 No significant Intercept
RRLMBAC103
6944562
401242
540
‐60
272
84		 No significant Intercept
RRLMBAC104
6944566
402437
540
‐60
269
53		 No significant Intercept
RRLMBAC105
6944567
402840
540
‐60
269
54		 No significant Intercept
RRLMBAC106
6944562
403235
540
‐60
271
65		 No significant Intercept
RRLMBAC107
6944564
403630
540
‐60
269
87		 No significant Intercept
RRLMBAC108
6944562
404041
540
‐60
270
74		 No significant Intercept
RRLMBAC109
6944567
404442
540
‐60
270
81		 No significant Intercept
RRLMBAC110
6944565
404831
540
‐60
270
74		 No significant Intercept
RRLMBAC111
6944559
405234
540
‐60
270
107		 No significant Intercept
RRLMBAC112
6944559
405629
540
‐60
270
86		 No significant Intercept
RRLMBAC113
6944564
406032
540
‐60
270
80		 No significant Intercept
RRLMBAC114
6944565
406433
540
‐60
270
80		 No significant Intercept
RRLMBAC115
6944562
406834
540
‐60
270
85		 No significant Intercept
RRLMBAC116
6944564
407225
540
‐60
270
104		 No significant Intercept
RRLMBAC117
6944565
407620
540
‐60
270
77		 No significant Intercept

Quarterly Report to 31 December 2020 APPENDIX 1 – Exploration Results

==> picture [125 x 38] intentionally omitted <==

Quarterly Report to 31 December 2020
APPENDIX 1 – Exploration Results
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLMBAC118
6944565
408033
540
‐60
270
65		 No significant Intercept
RRLMBAC119
6943766
400048
540
‐60
270
32		 No significant Intercept
RRLMBAC120
6943769
400436
540
‐60
270
18		 No significant Intercept
RRLMBAC121
6943766
400831
540
‐60
270
27		 No significant Intercept
RRLMBAC122
6943766
401234
540
‐60
270
88		 No significant Intercept
RRLMBAC123
6943756
401648
540
‐60
277
70		 68
70
2
1.24
RRLMBAC124
6943141
400022
540
‐60
270
50		 No significant Intercept
RRLMBAC125
6943138
400437
540
‐60
270
41		 No significant Intercept
RRLMBAC126
6943140
400835
540
‐60
269
65		 No significant Intercept
RRLMBAC127
6943161
401235
540
‐60
271
56		 No significant Intercept
RRLMBAC128
6943160
401638
540
‐60
271
111		 No significant Intercept
RRLMBAC129
6943162
402041
540
‐60
269
67		 No significant Intercept
RRLMBAC130
6943662
404854
540
‐60
264
53		 No significant Intercept
RRLMBAC131
6943657
405229
540
‐60
270
52		 No significant Intercept
RRLMBAC132
6943631
405645
540
‐60
272
56		 No significant Intercept
RRLMBAC133
6943635
406033
540
‐60
272
106		 No significant Intercept
RRLMBAC134
6942970
404435
540
‐60
272
53		 No significant Intercept
RRLMBAC135
6942966
404834
540
‐60
263
31		 No significant Intercept
RRLMBAC136
6942966
405241
540
‐60
268
40		 No significant Intercept
RRLMBAC137
6942965
405640
540
‐60
269
65		 No significant Intercept
RRLMBAC138
6942959
406045
540
‐60
270
61		 No significant Intercept
RRLMBAC139
6942165
401640
540
‐60
271
50		 No significant Intercept
RRLMBAC140
6942161
402041
540
‐60
269
75		 No significant Intercept
RRLMBAC141
6942184
402456
540
‐60
269
101		 No significant Intercept
RRLMBAC142
6942164
402839
540
‐60
269
69		 No significant Intercept
RRLMBAC144
6942155
403640
540
‐60
271
77		 No significant Intercept
RRLMBAC145
6942162
404031
540
‐60
266
75		 No significant Intercept
RRLMBAC146
6942163
404428
540
‐60
269
75		 No significant Intercept
RRLMBAC147
6942169
404836
540
‐60
270
52		 No significant Intercept
RRLMBAC148
6942169
405237
540
‐60
271
113		 No significant Intercept
RRLMBAC149
6942165
405638
540
‐60
269
57		 No significant Intercept
RRLMBAC150
6941361
402441
540
‐60
270
47		 No significant Intercept
RRLMBAC151
6941362
402842
540
‐60
269
112		 No significant Intercept
RRLMBAC152
6941342
403259
540
‐60
273
120		 No significant Intercept
RRLMBAC153
6941341
403638
540
‐60
273
70		 No significant Intercept
RRLMBAC154
6941341
404046
540
‐60
270
62		 No significant Intercept
RRLMBAC155
6941355
404447
540
‐60
264
66		 No significant Intercept
RRLMBAC156
6941355
404837
540
‐60
271
105		 No significant Intercept
RRLMBAC157
6941368
405244
540
‐60
272
83		 No significant Intercept
RRLMBAC158
6941369
405620
540
‐60
270
103		 No significant Intercept
RRLMBAC159
6940564
402452
540
‐60
270
41		 No significant Intercept
RRLMBAC160
6940560
402842
540
‐60
270
48		 No significant Intercept
RRLMBAC161
6940566
403235
540
‐60
273
73		 No significant Intercept
RRLMBAC162
6940568
403636
540
‐60
258
110		 No significant Intercept
RRLMBAC163
6940657
404034
540
‐60
268
74		 No significant Intercept
RRLMBAC164
6940657
404435
540
‐60
278
81		 No significant Intercept
RRLMBAC165
6940662
404809
540
‐60
266
120		 No significant Intercept
RRLMBAC166
6940651
405216
540
‐60
270
94		 No significant Intercept
RRLMBAC167
6940644
405639
540
‐60
273
131		 No significant Intercept
RRLMBAC168
6940647
406034
540
‐60
269
77		 No significant Intercept
RRLMBAC169
6940656
406414
540
‐60
270
90		 No significant Intercept
RRLMBAC170
6940654
406841
540
‐60
270
95		 No significant Intercept
RRLMBAC171
6940650
407248
540
‐60
270
86		 No significant Intercept
RRLMBAC172
6939761
402443
540
‐60
270
60		 No significant Intercept
RRLMBAC173
6939766
402846
540
‐60
273
92		 No significant Intercept
RRLMBAC174
6939770
403236
540
‐60
270
68		 No significant Intercept
RRLMBAC175
6939769
403634
540
‐60
270
67		 No significant Intercept
RRLMBAC176
6939765
403104
540
‐60
270
108		 No significant Intercept
RRLMBAC177
6940567
408840
540
‐60
268
69		 No significant Intercept
RRLMBAC178
6940567
409247
540
‐60
266
71		 No significant Intercept
RRLMBAC179
6940567
409650
540
‐60
270
80		 No significant Intercept
RRLMBAC180
6940571
410046
540
‐60
270
77		 No significant Intercept

Quarterly Report to 31 December 2020 APPENDIX 1 – Exploration Results

==> picture [125 x 38] intentionally omitted <==

Quarterly Report to 31 December 2020
APPENDIX 1 – Exploration Results
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLMBAC181
6940567
410435
540
‐60
263
68		 No significant Intercept
RRLMBAC182
6941334
408042
540
‐60
270
104		 No significant Intercept
RRLMBAC183
6941334
408447
540
‐60
270
55		 No significant Intercept
RRLMBAC184
6941337
408843
540
‐60
270
50		 No significant Intercept
RRLMBAC185
6941337
409252
540
‐60
275
80		 No significant Intercept
RRLMBAC186
6941335
409640
540
‐60
272
86		 No significant Intercept
RRLMBAC187
6942163
407235
540
‐60
273
96		 No significant Intercept
RRLMBAC188
6942165
407643
540
‐60
268
56		 No significant Intercept
RRLMBAC189
6942158
408046
540
‐60
273
88		 No significant Intercept
RRLMBAC190
6942161
408417
540
‐60
269
71		 No significant Intercept
RRLMBAC191
6942160
408870
540
‐60
270
92		 No significant Intercept
RRLMBAC192
6942163
409204
540
‐60
267
103		 No significant Intercept
RRLMBAC193
6946142
404044
540
‐60
264
72		 No significant Intercept
RRLMBAC194
6946148
404456
540
‐60
271
77		 68
72
4
1.73
RRLMBAC195
6946144
404820
540
‐60
268
71		 No significant Intercept
RRLMBAC196
6946150
405231
540
‐60
265
85		 No significant Intercept
RRLMBAC197
6946151
405634
540
‐60
267
70		 No significant Intercept
RRLMBAC198
6946153
406030
540
‐60
270
70		 No significant Intercept
RRLMBAC199
6946162
406441
540
‐60
271
75		 No significant Intercept
RRLMBAC200
6946161
406840
540
‐60
263
71		 No significant Intercept
RRLMBAC201
6946162
407235
540
‐60
270
59		 No significant Intercept
RRLMBAC202
6946162
407641
540
‐60
265
48		 No significant Intercept
RRLMBAC203
6946966
398438
540
‐60
264
32		 No significant Intercept
RRLMBAC204
6946966
398840
540
‐60
267
33		 No significant Intercept
RRLMBAC205
6946967
399218
540
‐60
265
63		 No significant Intercept
RRLMBAC206
6946963
399643
540
‐60
267
67		 No significant Intercept
RRLMBAC207
6946964
400044
540
‐60
271
53		 No significant Intercept
RRLMBAC208
6946965
400450
540
‐60
271
79		 No significant Intercept
RRLMBAC209
6946966
400863
540
‐60
268
75		 No significant Intercept
RRLMBAC210
6946966
401300
540
‐60
271
53		 No significant Intercept
RRLMBAC211
6946970
401602
540
‐60
270
77		 No significant Intercept
RRLMBAC212
6946965
402001
540
‐60
271
59		 No significant Intercept
RRLMBAC213
6946982
402440
540
‐60
271
122		 No significant Intercept
RRLMBAC214
6946964
402843
540
‐60
270
56		 No significant Intercept
RRLMBAC215
6946968
403236
540
‐60
270
89		 No significant Intercept
RRLMBAC216
6946967
403631
540
‐60
270
83		 No significant Intercept
RRLMBAC217
6947765
399645
540
‐60
269
71		 No significant Intercept
RRLMBAC218
6947768
400046
540
‐60
273
58		 No significant Intercept
RRLMBAC219
6947763
400427
540
‐60
271
64		 No significant Intercept
RRLMBAC220
6947760
400850
540
‐60
276
68		 No significant Intercept
RRLMBAC221
6947767
401245
540
‐60
271
88		 No significant Intercept
RRLMBAC222
6947762
401628
540
‐60
272
65		 No significant Intercept
RRLMBAC223
6947768
402035
540
‐60
270
113		 No significant Intercept
RRLMBAC224
6947767
402441
540
‐60
270
69		 No significant Intercept
RRLMBAC225
6947770
402848
540
‐60
271
87		 No significant Intercept
RRLMBAC226
6947769
403237
540
‐60
271
101		 No significant Intercept
RRLMBAC227
6947763
403618
540
‐60
275
104		 No significant Intercept
RRLMBAC228
6947765
404032
540
‐60
271
68		 No significant Intercept
RRLMBAC229
6947769
404423
540
‐60
271
45		 No significant Intercept
RRLMBAC230
6947767
404843
540
‐60
271
71		 No significant Intercept
RRLMBAC231
6947764
405236
540
‐60
272
71		 No significant Intercept
RRLMBAC232
6949162
399642
540
‐60
269
65		 No significant Intercept
RRLMBAC233
6949138
400024
540
‐60
273
96		 No significant Intercept
RRLMBAC234
6949137
400434
540
‐60
279
137		 AwaitingResults
RRLMBAC235
6949151
400858
540
‐60
266
125		 No significant Intercept
RRLMBAC236
6949138
401242
540
‐60
271
58		 No significant Intercept
RRLMBAC237
6949130
401623
540
‐60
268
62		 No significant Intercept
RRLMBAC238
6949160
402054
540
‐60
268
55		 No significant Intercept
RRLMBAC239
6949153
402390
540
‐60
272
52		 No significant Intercept
RRLMBAC240
6949145
402775
540
‐60
277
65		 No significant Intercept
RRLMBAC241
6949152
403201
540
‐60
275
46		 No significant Intercept
RRLMBAC242
6949163
403638
540
‐60
265
47		 No significant Intercept

Quarterly Report to 31 December 2020 APPENDIX 1 – Exploration Results

==> picture [125 x 38] intentionally omitted <==

Quarterly Report to 31 December 2020
APPENDIX 1 – Exploration Results
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLMBAC243
6949168
404037
540
‐60
269
40		 No significant Intercept
Mitchell Collar Location Intersection >1.0ppm Au
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLMIAC001
6934326
429676
500
‐60
90
116		 No significant Intercept
RRLMIAC002
6934321
429602
500
‐60
90
114		 No significant Intercept
RRLMIAC003
6934320
429524
500
‐60
89
49		 No significant Intercept
Moolart North Collar Location Intersection >1.0ppm Au
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLMNRC001
6954716
436175
530
‐60
270
57		 No significant Intercept
RRLMNRC002
6957980
434591
530
‐60
270
84		 No significant Intercept
RRLMNRC003
6961973
433089
530
‐60
270
76		 No significant Intercept
RRLMNRC004
6970075
428895
530
‐60
270
105		 No significant Intercept
RRLMNRC005
6954712
436053
530
‐60
270
98		 No significant Intercept
Rosemont Collar Location Intersection >1.0ppm Au
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLRMDD051
6920784
427556
504
‐67
60
1135.6		 No significant Intercept
RRLRMDD052
6920429
427787
504
‐62
72
1170.5		 No significant Intercept
RRLRMDD052W1
6920429
427787
504
‐62
72
1029.6		 No significant Intercept
RRLRMDD053
6920153
428277
507
‐78
56
720.6		 202.87
204
1.13
1.34
RRLRMDD053W1
6920153
428277
507
‐78
56
626.9		 No significant Intercept
RRLRMDD053W1A
6920153
428277
507
‐78
56
807.5
RRLRMDD053W1A		 698
699
1
1.03
699.75
700
0.25
1.16
RRLRMDD054
6918550
429490
499
‐73
226
587.1		 447.09
449.89
2.8
4.44
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLRMDD054
RRLRMDD054
RRLRMDD054
RRLRMDD054
RRLRMDD054
RRLRMDD054
RRLRMDD054		 458.65
459.05
0.4
2.06
466.98
471.48
4.5
1.98
484.69
487.85
3.16
4.83
495.49
495.91
0.42
1.62
519.76
520.41
0.65
1.9
528
529
1
1.05
548.37
551.03
2.66
1.8
RRLRMDD055
6920590
428201
510
‐66
73
444.92		 391.07
393
1.93
1.25
RRLRMDD056
6920729
428130
509
‐72
64
416.6
RRLRMDD056
RRLRMDD056		 342.58
343.46
0.88
15.4
347.23
348.13
0.9
3.72
355.89
360
4.11
1.94
RRLRMDD057
6920980
427973
507
‐81
77
624.9		 No significant Intercept
RRLRMDD058
6921184
427692
505
‐60
72
479.7		 No significant Intercept
RRLRMDD059
6918696
429564
500
‐59
249
74		 AwaitingResults
RRLRMDD059A
6918696
429566
500
‐59
247.7
591.67
RRLRMDD059A
RRLRMDD059A
RRLRMDD059A
RRLRMDD059A
RRLRMDD059A
RRLRMDD059A		 207.21
208.35
1.14
1.36
474.72
477
2.28
2.82
480
481
1
2.12
488.7
489
0.3
8.64
495.65
496.07
0.42
1.92
504.28
512.08
7.8
1.29
523
527
4
1.68
RRLRMDD060
6918819
429487
502
‐60
254
577.3
RRLRMDD060
RRLRMDD060
RRLRMDD060
RRLRMDD060
RRLRMDD060
RRLRMDD060		 176
177.04
1.04
10.6
433.88
438.74
4.86
21.73
443.72
446.63
2.91
3.53
457.42
458.81
1.39
3.91
476.92
477.23
0.31
2.55
487.7
491.15
3.45
2.12
506
506.77
0.77
9.6
RRLRMDD061
6918980
429448
502
‐54
245
528.7		 370.84
371.14
0.3
3.62
RRLRMDD062
6918551
429487
499
‐68
233
480.7
RRLRMDD062
RRLRMDD062
RRLRMDD062
RRLRMDD062
RRLRMDD062
RRLRMDD062		 326.16
338.6
12.44
2.27
340.96
342
1.04
1.04
344.15
345
0.85
6.6
355.93
356.64
0.71
1.84
400.75
401.19
0.44
1.9
402.97
404.64
1.67
1.02
414.77
416.77
2
1.5
RRLRMDD063
6918697
429568
500
‐69
247
869.67		 AwaitingResults
RRLRMDD063W1
6918697
429568
500
‐69
247
476.15		 AwaitingResults

Quarterly Report to 31 December 2020 APPENDIX 1 – Exploration Results

==> picture [125 x 38] intentionally omitted <==

Quarterly Report to 31 December 2020
APPENDIX 1 – Exploration Results
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLRMDD064
6918555
429492
499
‐77
231
941.54		 AwaitingResults
Rosemont West Collar Location Intersection >1.0ppm Au
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLRWAC001
6919359
426184
500
‐60
270
37		 AwaitingResults
RRLRWAC002
6919365
426270
500
‐60
270
50		 AwaitingResults
RRLRWAC003
6919362
426349
500
‐60
270
44		 AwaitingResults
RRLRWAC004
6919361
426427
500
‐60
270
74		 AwaitingResults
RRLRWAC005
6919361
426427
500
‐60
270
59		 AwaitingResults
RRLRWAC006
6919800
426664
500
‐60
270
116		 AwaitingResults
RRLRWAC007
6919797
426738
500
‐60
270
62		 AwaitingResults
RRLRWAC008
6919804
426816
500
‐60
269
50		 AwaitingResults
RRLRWAC009
6919800
426894
500
‐60
270
51		 AwaitingResults
RRLRWAC010
6919801
426978
500
‐60
270
57		 AwaitingResults
Thompsons Bore Collar Location Intersection >1.0ppm Au
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLTBAC001
6939005
403345
560
‐60
227
102		 No significant Intercept
RRLTBAC002
6939046
403241
560
‐60
225
86		 No significant Intercept
RRLTBAC003
6939077
403200
560
‐60
227
83		 No significant Intercept
RRLTBAC004
6939167
403152
560
‐60
225
90		 No significant Intercept
RRLTBAC005
6939600
403021
560
‐60
223
60		 No significant Intercept
RRLTBAC006
6939614
403035
560
‐60
225
89		 AwaitingResults
RRLTBAC007
6939182
403097
560
‐60
225
101		 AwaitingResults
RRLTBAC008
6939220
403063
560
‐60
226
50		 AwaitingResults
RRLTBAC009
6939265
403042
560
‐60
225
87		 AwaitingResults
RRLTBAC010
6939255
403099
560
‐60
225
82		 AwaitingResults
RRLTBAC011
6939365
402926
560
‐60
225
60		 AwaitingResults
RRLTBAC012
6939401
402962
560
‐60
225
77		 AwaitingResults
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLTBAC013
6939123
403177
560
‐60
225
95		 AwaitingResults
RRLTBAC014
6939255
403027
560
‐60
225
44		 AwaitingResults
RRLTBAC015
6939291
402991
560
‐60
225
50		 AwaitingResults
RRLTBRC001
6939084
403349
558
‐60
235
210		 85
86
1
2.15
RRLTBRC002
6939138
403334
559
‐60
225
198
RRLTBRC002
RRLTBRC002		 86
87
1
1.26
102
103
1
1.68
165
170
5
2.03
RRLTBRC003
6939118
403321
558
‐60
225
228
RRLTBRC003
RRLTBRC003
RRLTBRC003		 81
82
1
2.25
95
105
10
1.92
112
113
1
1.65
138
144
6
4.35
RRLTBRC004
6939200
403191
557
‐60
225
120		 47
48
1
1.11
RRLTBRC005
6939271
403115
557
‐60
225
126		 No significant Intercept
RRLTBRC006
6939324
403168
557
‐60
225
150		 9
10
1
2.28
RRLTBRC007
6939378
403009
560
‐60
225
126		 106
107
1
8.96
RRLTBRC008
6939374
403075
560
‐60
225
174		 2
3
1
2.23
RRLTBRC009
6939416
402976
561
‐60
225
132		 No significant Intercept
RRLTBRC010
6939433
403063
561
‐60
225
144
RRLTBRC010
RRLTBRC010		 62
63
1
1.27
91
92
1
1.26
95
96
1
1.31
RRLTBRC011
6939467
403101
560
‐60
225
210		 183
184
1
1.21
RRLTBRC012
6939023
403291
558
‐60
225
126		 No significant Intercept
RRLTBRC013
6939052
403318
558
‐60
225
84		 No significant Intercept
RRLTBRC014
6939242
403225
559
‐60
223
186		 91
92
1
1.2
RRLTBRC015
6939258
403244
560
‐60
225
240		 No significant Intercept
RRLTBRC016
6939189
403318
561
‐58
223
270
RRLTBRC016		 219
223
4
6.74
226
227
1
1.6
RRLTBRC017
6939308
403224
559
‐60
225
342		 129
130
1
1.3
RRLTBRC018
6939487
403049
561
‐60
223
156		 122
123
1
1.11
RRLTBRC019
6939541
403103
561
‐58
225
192		 No significant Intercept
RRLTBRC020
6939575
403071
560
‐60
225
121		 No significant Intercept

Quarterly Report to 31 December 2020 APPENDIX 1 – Exploration Results

==> picture [125 x 38] intentionally omitted <==

Quarterly Report to 31 December 2020
APPENDIX 1 – Exploration Results
Tooheys Well Collar Location Intersection >1.0ppm Au
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLTWDD003
6909307
438298
509
‐50
271
546.56		 AwaitingResults
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLTWDD004
6909237
438297
509
‐50
270
514.68		 AwaitingResults
RRLTWDD005
6909479
438306
509
‐50
270
374		 AwaitingResults
RRLTWDD006
6909403
438304
508
‐50
270
249.6		 AwaitingResults
White Nile Collar Location Intersection >1.0ppm Au
Hole ID
Y
X
Z
Dip
Azimuth
Total Depth (m)		 From
(m)
To
(m)
Interval
(m)
Au
**ppm **
RRLWHNAC001
6905899
428154
500
‐60
270
143		 AwaitingResults
RRLWHNAC002
6905901
428552
500
‐60
270
107		 AwaitingResults
RRLWHNAC003
6905899
428951
500
‐60
270
67		 AwaitingResults
RRLWHNAC004
6905900
429362
500
‐60
270
75		 AwaitingResults
RRLWHNAC005
6910702
428124
500
‐60
268
93		 AwaitingResults
RRLWHNAC006
6910700
428354
500
‐60
271
82		 AwaitingResults
RRLWHNAC007
6910703
428553
500
‐60
270
62		 AwaitingResults
RRLWHNAC008
6910701
428967
500
‐60
270
77		 AwaitingResults
RRLWHNAC009
6910700
429354
500
‐60
270
77		 AwaitingResults
RRLWHNAC010
6910700
429750
500
‐60
270
44		 AwaitingResults
RRLWHNAC011
6905900
430150
500
‐60
270
34		 AwaitingResults
RRLWHNAC012
6905900
430547
500
‐60
270
31		 AwaitingResults
RRLWHNAC013
6905900
430949
500
‐60
270
59		 AwaitingResults
RRLWHNAC014
6905900
430949
500
‐60
270
13		 AwaitingResults
RRLWHNAC015
690600
431746
500
‐60
270
13		 AwaitingResults
RRLWHNAC016
6905997
432144
500
‐60
270
36		 AwaitingResults
RRLWHNAC017
6913900
428149
500
‐60
270
61		 AwaitingResults
RRLWHNAC018
6913900
428550
500
‐60
270
140		 AwaitingResults
RRLWHNAC019
6913900
428950
500
‐60
270
72		 AwaitingResults
RRLWHNAC020
6904300
429338
500
‐60
272
140		 AwaitingResults

Quarterly Report to 31 December 2020

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

APPENDIX 1 JORC Code, 2012 Edition – 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
examples should not be
taken as limiting the broad
meaning of sampling.		 Gold Projects
Ben Hur
The Ben Hur gold deposit was sampled using Reverse Circulation (RC) and
Diamond drill holes on a nominal 25m x 25m or 50m x 50m grid spacings. Holes
were angled at -56°to -62°towards 242°- 261°azimuth to drill perpendicular
to the strike of mineralisation. The mineralised quartz dolerite strikes 340°and
dips ≈70°to the east. PQ, and HQ Diamond drill (DD) core samples were
collected to confirm vein orientations and geotechnical data to refine pit design
parameters.
Baneygo
The Baneygo gold deposit was sampled using Reverse Circulation (RC) and
Diamond drill holes on a nominal 80m or 40m north by 40m east grid spacings
angled -57° to -63° to ~245°or -075°. PQ, HQ, and NQ2 Diamond drill (DD) core
samples were collected to confirm vein orientations. The mineralised quartz
dolerite strikes 344° and is subvertical, therefore drilling was directed from the
east or west where access could be gained around infrastructure such as pits
and waste dumps.
Garden Well
The Garden Well gold deposit was sampled using PQ, HQ, and NQ2 Diamond
drill (DD) holes on a nominal 40m east by 40m north grid spacing angled -50°to
-62° towards 260°to 280° azimuth designed to drill perpendicular to the strike
of mineralisation.
Gloster
The Gloster gold deposit was sampled using RC drill holes and HQ and NQ2
Diamond drill (DD) drill holes. DD holes were drilled on a nominal 100m north
east spacing along strike by 40m across strike angled at -50° to -90° towards 066°
or ~245°azimuth designed to drill perpendicular to the strike of mineralisation.
Rosemont
The Rosemont gold deposit was sampled using PQ, HQ and NQ2 diamond drill
(DD) holes. Holes were drilled on a nominal 160m north spacing along strike
and 80m down dip angled at -54° to -77° towards 231°to 254°azimuth
designed to drill as close as possible to perpendicular to the strike of
mineralisation, where access could be gained around infrastructure such as
pits and waste dumps.
Tooheys Well
The Tooheys Well gold deposit was sampled using PQ and NQ2 Diamond drill
(DD) drill holes. DD holes were drilled on a nominal 80m north spacing along
strike by 40m across strike angled at -50° towards ~270°azimuth designed to
drill perpendicular to the strike of mineralisation.
Other Regional Prospects:
The Regional Prospects were sampled using Air Core (AC) drill holes on various
grid spacings angled -60° towards varying azimuths designed to drill as close as
possible to perpendicular to the strike of mineralisation.
Include
reference
to
measures taken to ensure
sample representivity and
the appropriate calibration
of any measurement tools or
systems used.		 All Gold Projects AC, RC, DD
Regis drill hole collar locations were picked up by an independent registered
consulting surveyor or 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.

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Criteria JORC Code explanation
Commentary
Diamond drill 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 at every
20thand 25thsample (DD only) or every 25thsample (RC and AC) to assess the
accuracy and methodology of the external laboratories. Field duplicates (RC and
AC only) were inserted every 20thsample to assess the repeatability and
variability of the gold mineralisation. Laboratory duplicates were also completed
approximately every 15thsample 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.
Regional Prospects AC
Regis drill hole collar locations were picked up by handheld GPS. Hole azimuths
were measured at the collar using a Suunto sighting compass.
Regis drill hole sampling had certified standards and blanks inserted every 50th
sample (RC and AC) to assess the accuracy and methodology of the external
laboratories, and field duplicates were inserted every 50thsample to assess the
repeatability and variability of the gold mineralisation. Laboratory duplicates
were also completed approximately every 15thsample 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.
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.
All Gold Projects RC Drilling
For the Regis’ RC 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.
All Gold Projects DD
Diamond drilling completed to industry standard using varying sample lengths
(0.23 to 1.22m through the gold mineralized zones) 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 (Bureau Veritas). Outside
mineralized areas 1m samples to 2.6m composite samples were collected.
Regional Prospects AC
For AC drilling 1m spear samples were composited to 4m intervals to obtain a
2.5kg – 3.0kg sample. The drilling samples were dried, crushed and pulverised
to get 85% passing 75µm and were all Fire Assayed using a 50g charge (Bureau
Veritas).
Anomalous results from 4m AC drill composites were spear sampled at 1m
intervals. These drill samples were dried, crushed and pulverised to get 85%
passing 75µm and were all Fire Assayed using a 50g charge.
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.).
All Gold Projects/Prospects RC and AC drilling
RC drilling completed with a 139mm or 143mm diameter face sampling
hammer.
AC drilling was completed with an 89mm diameter AC blade bit.
All Gold Projects DD
Surface diamond drilling carried out by using PQ or PQ3, HQ3 or HQ2, NQ, or
NQ2 (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.
All Gold Projects/Prospects RC and AC drilling
RC and AC recovery was visually assessed, with recovery being excellent except
in some wet intervals which are recorded on logs. Wet RC samples within the
mineralised zones (>1 g/t) were recorded as follows: 4% of samples at the
Baneygo Gold Project; 1.1% of samples at the Gloster Gold Project; and 1.1% of
samples at the Ben Hur Gold Project. Wet AC samples within the mineralised
zones (>1 g/t) were recorded as follows: 2.8% of samples at the Matt’s Bore Gold
Prospect; 0.3% of samples at the Thompsons Bore Gold Prospect; 1.1% of
samples at the White Nile Gold Prospect.
All Gold Projects DD
DD core was measured and compared to the drilled intervals, and recorded as a
percentage recovery. 100% recovery was recorded through the mineralised
zones (>1 g/t) at Garden Well, Gloster and Rosemont. Assay results are pending
for Tooheys Well and Ben Hur DD.
Measures taken to maximise
sample recovery and ensure
representative nature of the
samples.
All Gold Projects/Prospects RC and AC drilling
AC and RC samples were visually checked for recovery, moisture and
contamination. The drilling contractor utilised a cone 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.
All Gold Projects DD
The target mineralised zones are located in 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.
All Gold Projects/Prospects RC and AC drilling
Sample recoveries for RC and AC drilling are visually estimated to be medium to
high. No significant bias is expected in the mineralised zone, although no
recovery and grade correlation study was completed.
All Gold Projects DD
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.
All Gold Projects/Prospects RC and AC drilling
Lithology, alteration, veining, mineralisation and, on some holes, magnetic
susceptibility were logged from the RC and AC 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.
All Gold Projects DD
Lithology, alteration, veining, mineralisation and geotechnical information were
logged from the DD core and saved in the database. Half cores from every
interval are also retained in the core trays and stored 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.

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Criteria JORC Code explanation
Commentary
Sub-
sampling
techniques
and sample
preparation		 If core, whether cut or sawn
and whether quarter, half or
all core taken.
Gold Projects DD
Core was half cut with an almonte diamond core saw with the same half always
sampled and the surplus retained in the core trays. Gloster mineralised zone was
visually assessed and whole core was sampled, the remainder of the drill core
was half cut with an almonte diamond core saw with the same half always
sampled and the surplus retained in the core trays
If non-core, whether riffled,
tube sampled, rotary split,
etc. and whether sampled
wet or dry.
All Gold Projects/Prospects RC and AC drilling
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.
This is considered acceptable.
Quality control procedures
adopted for all sub-sampling
stages
to
maximise
representivity of samples.
All Gold Projects AC and RC
Field duplicates (AC, RC) were taken at the rig 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.
Regional Prospects AC
Field duplicates 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 50th sample. Laboratory duplicates
(sample preparation split) were also completed roughly every 15th sample.
All Gold Projects DD
Field duplicates on diamond 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 are noted in the field
duplicates albeit the precision is marginally acceptable and consistent with
coarse gold deposits.
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.
All Gold Projects AC and RC
All gold assaying was completed by external commercial laboratories (Bureau
Veritas) using a 50g charge for fire assay analysis with AAS finish. This technique
is industry standard for gold and considered appropriate.
All Gold Projects DD
All gold assaying was completed by commercial laboratories (Bureau Veritas)
using a 50g charge for fire assay analysis with AAS finish. This technique is
industry standard for gold and considered appropriate.
Regional Prospects AC
All gold assaying was completed by commercial laboratories (Bureau Veritas)
usinga 50gcharge for fire assayanalysis for 4m composite AC samples. 1m AC

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Criteria JORC Code explanation
Commentary
re-samples are assayed by a commercial laboratory (Bureau Veritas) using a 50g
charge for fire assay analysis with AAS finish.
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..
Apart from magnetic susceptibility in targeted zones, no other geophysical
measurements were routinely made.
XRF data has been collected using Olympus Vanta Portable XRF on Garden Well
and Tooheys Well diamond drill core to geochemically characterise the gold
deposits. Reading times were 10 sec per beam using the geochem 3 beam
method. The unit was calibrated twice per day. Standards were run every 50th
sample, duplicates were run on the 25thand 75thsamples.
Nature of quality control
procedures adopted (e.g.
standards,
blanks,
duplicates,
external
laboratory
checks)
and
whether acceptable levels of
accuracy (i.e. lack of bias)
and precision have been
established.
All Gold Projects AC and RC
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.
All Gold Projects DD
Certified Reference Material (CRM or standards) and blanks were inserted every
20thand 25thsample to assess the assaying accuracy of the external laboratories.
Field duplicates on diamond core, i.e. other half of cut core, have not been
routinely assayed. Laboratory duplicates were also completed approximately
every 15th sample to assess the precision of assaying.
Regional Prospects AC and RC
Certified Reference Material (CRM or standards) and blanks were inserted every
50thsample (samples ending in 25 and 75) to assess the assaying accuracy of the
external laboratories. Field duplicates were taken every 50thsample (samples
ending in 00 and 50) to assess the repeatability from the field and variability of
the gold mineralisation. Laboratory duplicates (sample preparation split) were
also completed roughly every 15th sample.
All Sample Results
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 no consistent positive or negative overall mean
bias. Duplicate assays 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 the gold deposits
and regional prospects. 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 or diamond drill core. Numerous highly qualified and experienced
company personnel from exploration and mine production positions have
visually inspected the significant intersections in AC chips, RC chips and diamond
drill core.
The use of twinned holes.
No twinning of holes was completed in the current quarter.
Documentation of primary
data, data entry procedures,
All geological and field data is entered into Logchief commercial software only
allowing data to be entered using the Regis geological code system and sample

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Criteria JORC Code JORC Code explanation Commentary
data verification, data protocol. Logchief data is validated and uploaded directly to the Datashed
storage (physical and database.
electronic) protocols.
Discuss any adjustment to For the purpose of resource estimation any samples not assayed (i.e. destroyed
assay data. 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 Accuracy and quality of All Gold Projects
data points surveys used to locate drill Regis drill hole collar locations were picked up by site-based authorized
holes (collar and down-hole surveyors, or using Trimble RTK GPS, calibrated to a base station (expected
surveys), trenches, mine accuracy of 20mm).
workings and other locations
used in Mineral Resource
estimation.		 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.
Regional Prospects
Regis drill hole collar locations were picked up by handheld GPS. Hole azimuths
were measured at the collar using a Suunto sighting compass.
Specification of the grid All Gold Projects
system used. The grid system is AMG Zone 51 (AGD 84) for surveying pickups. Modelling at
the Rosemont, Baneygo and Gloster Area is completed using a local grid, with
conversion of digital data from AMG to local completed using GIS Software
macros. Modelling at all other projects is completed in AMG Zone 51 (AGD84).
Regional Prospects
The grid system set in the handheld GPS unit is MGA Zone 51 (GDA 94). Hole
azimuths were measured at the collar using a Suunto sighting compass.
All location data is reported in accordance with DMP reporting guidelines in
MGA Zone 51 (GDA 94). Grid conversions are performed in RRLs Datashed
database.
Quality and adequacy of The topographic surface for all projects were derived from a combination of the
topographic control. primary drill hole pickups and the pre-existing photogrammetric contouring.
Data Data spacing for reporting of All Gold Projects
spacing and
distribution		 Exploration Results. Ben Hur
The Ben Hur gold deposit was sampled on a nominal 25m, 50m or 100m north
by 25m or 50m east grid spacing
Baneygo
The Baneygo gold deposit was sampled on a nominal 80m to 40m north by 40m
east grid spacing
Garden Well
The Garden Well gold deposit was sampled on a nominal spacing 40m along
strike by 40m down dip.
Gloster
The Gloster gold deposit was sampled on a nominal spacing 100m along strike
by 20-100m across strike.
Rosemont
The Rosemont gold deposit was sampled on a nominal spacing 300-400m along
strike and 160m across strike.
Tooheys Well

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Criteria JORC Code explanation
Commentary
The Tooheys Well gold deposit was sampled on a nominal spacing 80m along
strike by 40m down dip.
Regional Prospects
Regional Prospects are generally drilled on a broad line spacing 800m to 1600m
with drill holes spacing from 200m to 400m depending on the style of
mineralisation and width of target. Drill hole spacing is halved where infill drilling
is required around anomalous gold targets.
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
classifications applied.
All Gold Projects
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 modifying factors have been addressed.
Whether sample
compositing has been
applied.
All Gold Projects
No sample compositing has been applied in the field within the mineralised
zones.
Regional Prospects
All first pass AC drill samples were collected at 1m samples and composited to
4m intervals.
Orientation
of data in
relation to
geological
structure		 Whether the orientation of
sampling achieves unbiased
sampling
of
possible
structures and the extent to
which
this
is
known,
considering the deposit type.
Drilling on all projects 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. In the case of Ben Hur, Rosemont and the
Baneygo Area drill programs, the orientation of mineralisation is sub vertical, as
such the current drilling is designed to assist in refining ore geometry and
therefore a more accurate estimate of true thickness. Drill orientation at
Rosemont and the Baneygo Area was adjusted as required to facilitate drilling
around historical mine site infrastructure, and in some instances drill holes are
at a high angle to the dip of mineralisation.
If the relationship between
the drilling orientation and
the
orientation
of
key
mineralised
structures
is
considered
to
have
introduced a sampling bias,
this should be assessed and
reported if material.
It is not believed that drilling orientation has introduced a sampling bias.
Sample
security		 The
measures
taken
to
ensure sample security.
Samples are securely sealed and stored onsite, until delivery to Perth
laboratories via contract freight Transport. Chain of custody consignment notes
and sample submission forms are sent with the samples. Sample submission
forms are also 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.
No external audits on sampling techniques and data have been completed.

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APPENDIX 1 Section 2 Reporting of Exploration Results

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

Section 2 contains relevant data on projects and prospects discussed in the main body text of the December 2020 Quarterly Report, or those included below and considered to be material.

Criteria JORC Code explanation Commentary
Mineral Type, reference name/number, location Ben Hur
tenement and ownership including agreements or The Ben Hur gold deposit is located on M38/339. Current registered
and land material issues with third parties such as holder of the tenement is Brightstar Resources Limited, pending
tenure joint ventures, partnerships, overriding transfer to Regis Resources Limited. Normal Western Australian
status royalties, native title interests, historical state royalties apply and a further 1% royalty up to $5m to
sites, wilderness or national park and Brightstar Resources Limited after 100koz production, and a royalty
environmental settings. to Parkerville Enterprises for $1/t of ore processed > 1g/t Au. There
The security of the tenure held at the time are no registered Native Title Claims.
of reporting along with any known Baneygo Area
impediments to obtaining a licence to The Baneygo gold deposits are located on M38/344 – Reg Holders,
operate in the area. Regis Resources Ltd & Duketon Resources Pty Ltd; granted 23 April
1993; 2% Franco Nevada Royalty; no Native Title claims.
Garden Well
The Garden Well gold deposit is located on M38/1249, M38/1250,
M38/283. Current registered holders of the tenements are:
M38/1249 Regis Resources Ltd; M38/1250 and M38/283 Regis
Resources Ltd and Duketon resources Pty Ltd (100% subsidiary of
Regis Resources Ltd); 2% Royalty to Franco Nevada. Normal
Western Australian state royalties apply. There are no registered
Native Title Claims.
Gloster
The Gloster gold deposit is located on M38/1268. Current
registered holders are M38/1268 – Regis Resources Ltd; 2% Royalty
to William Robert Richmond. Normal Western Australian state
royalties apply. There are no registered native title claims
Rosemont
The Rosemont gold project is located on M38/237, M38/250 &
M38/343.
Current registered holders of the tenements are Regis Resources
Ltd & Duketon Resources Pty Ltd (100% subsidiary of Regis
Resources Ltd). Normal Western Australian state royalties apply
plus there is a 2% Royalty to Franco Nevada. There are no registered
Native Title Claims.
Tooheys Well
The Tooheys Well prospect is located on M38/1251. Current
registered holders of the tenement are Regis Resources Ltd and
Duketon Resources Pty Ltd (100% subsidiary of Regis Resources).
Normal Western Australian state royalties apply and a further 2%
NSR royalty exists to Franco-Nevada There are no registered Native
Title Claims.

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Criteria JORC Code explanation Commentary
Exploration Acknowledgment
and		 appraisal of Ben Hur
done by exploration by other parties. Exploration drilling was conducted in the 1990s to early 2000s by
other parties Ashton, Roehampton, Bronzewing, and West Australian Metals.
Resource drilling was completed by Stone Resources in 2010s who
estimated a Mineral Resource compliant with JORC Code 2012 of
5.8Mt @ 1.6g/t Au for 290koz.
Baneygo/Rosemont Area
Shallow drilling (less than 100m vertical depth) was completed by
Aurora, Ashton and Johnsons Well Mining in the 1990’s.
Garden Well/Tooheys Well
Minor amounts of drilling were completed by Ashton and Johnsons
Well Mining although it was mainly shallow and not extensive
enough to properly define the mineralisation.
Gloster
Gloster was discovered in 1902, with no modern exploration work
completed until Hillmin Gold Mines Pty Ltd and Aurotech NL
conducted mapping, RC drilling, DD and RAB in the mid 1980’s,
culminating in Resource Estimates and feasibility studies. Leader
Resources NL, Maiden Gold NL and Johnsons Well Mining
conducted RC, DD and RAB drilling in the 1990s to infill and extend
the resource.
Geology Deposit type, geological setting and style of Ben Hur/Baneygo/Rosemont Area
mineralisation. Gold is hosted in a steeply east dipping 345° trending quartz-
dolerite unit intruding an ultramafic sequence. Gold mineralisation
is
associated
with
quartz-albite-sericite-carbonate-sulphide
alteration and is restricted to the quartz dolerite unit which is
generally ≈ 80m wide, but does boudinage along strike and widths
vary from a few metres to 120m. Weathering depths vary from 20m
to 80m vertical depth.
Garden Well
Gold is hosted in a moderate east to steeply dipping shear zone
trending N-S. Gold mineralisation within ultramafic is associated
with quartz, fuchsite, sericite, carbonate, sulphides. Gold
mineralisation within chert, shale and BIF is associated with
brecciated zones including elevated sulphides and quartz veins.
Gloster
Gold is hosted in multiple stacked vein sets dipping shallowly to the
north east. Host rocks include intermediate volcaniclastic units and
diorite intrusives. Gold mineralisation is associated with quartz-
carbonate-sulphide veins with micaceous selvages.
Tooheys Well
Gold is hosted in a steeply east dipping shear zone trending N-S.
Gold mineralisation is hosted within BIF as is associated with
brecciated zones including elevated sulphides and quartz veins.
Drill hole A summary of all information material to Drill hole information including collar location and drill direction are
Information the understanding of the exploration documented inAppendix 1and the body of the announcement.
results including a tabulation of the
following information for all Material drill
holes:
easting and northing of the drill hole
collar

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Criteria JORC Code explanation Commentary
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 Rosemont, Baneygo, Garden Well, Gloster, Tooheys Well
aggregation averaging techniques, maximum and/or Reported intercepts include a minimum of 2.0 g/t Au value over a
methods minimum grade truncations (e.g. cutting of minimum distance of 0.1m with a maximum 2m consecutive
high grades) and cut-off grades are usually internal waste, unless stated otherwise. No upper cuts have been
Material and should be stated. applied.
Where aggregate intercepts incorporate Ben Hurand all other Gold Projects and Prospects reported
short lengths of high-grade results and intercepts include a minimum of 0.5 g/t Au value over a minimum
longer lengths of low-grade results, the distance of 1m with a maximum 2m consecutive internal waste. No
procedure used for such aggregation upper cuts have been applied.
should be stated and some typical
examples of such aggregations should be		 Appendix 1All assay results above 1 g/t gold are reported.
shown in detail.
The assumptions used for any reporting of
metal equivalent values should be clearly
stated.
Relationship These
relationships
are
particularly		 Ben Hur
between important in the reporting of Exploration The Ben Hur gold deposit was drilled -56°to -62°towards 242°-
mineralisati Results. 261°azimuth to drill perpendicular to the strike of mineralisation.
on 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		 The mineralised quartz dolerite strikes 340°and dips ≈70°to the
east. Intercepts reported are close to true width.
Baneygo
The Baneygo gold deposit was drilled at -57° to -63° to ~245°or -
lengths are reported, there should be a 075°. The mineralised quartz dolerite strikes 344° and is subvertical.
clear statement to this effect (e.g. ‘down Some intercepts reported are close to true width, steep angled
hole length, true width not known’). holes are not true width where the mineralisation is sub vertical.
Rosemont
The Rosemont gold deposit was drilled at -54° to -77° towards
~231°or ~254°and designed to intersect the mineralised quartz
dolerite at significant depths. Intercepts reported intersected the
quartz dolerite at a moderate angle and are not true width.
Garden Well
The Garden Well gold deposit was drilled at -50°to -62° towards
260°to 280° azimuth designed to drill perpendicular to the strike of
mineralisation. The mineralised zone is moderately east dipping,
and the intercepts reported are close to true width.
Gloster
The Gloster gold deposit was drilled at -50° to -90° towards 066° or
~245°designed to drillperpendicular to the strike of mineralisation.

Quarterly Report to 31 December 2020

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

Criteria JORC Code explanation Commentary
The mineralised zone is shallowly north-east dipping. The intercepts
reported are close to true width. Vertical holes were drilled in pit.
Tooheys Well
The Tooheys Well gold deposit was drilled at -50° towards ~270°
azimuth designed to drill perpendicular to the strike of
mineralisation. The intercepts reported are close to true width.
Regional Prospects
The Regional Prospects were drilled at -60° towards varying
azimuths designed to drill as close as possible to perpendicular to
the strike of mineralisation.
Diagrams Appropriate maps and sections (with Refer to the body of the announcement.
scales) and tabulations of 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 A list of all holes drilled during the quarter and assay results above
reporting Exploration Results is not practicable, 1 g/t have been reported. Assay results below 1 g/t are not
representative reporting of both low and considered material and are reported as such.
high grades and/or widths should be
practiced to avoid misleading reporting of
Exploration Results.
Other Other exploration data, if meaningful and No other material exploration data to report.
substantive material, should be reported including (but
exploration not limited to): geological observations;
data geophysical survey results; geochemical
survey results; bulk samples – size and
method of treatment; metallurgical test
results;
bulk
density,
groundwater,
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.
Further work The nature and scale of planned further Gold Projects
work (e.g. tests for lateral extensions or Infill drilling will occur where appropriate, and extensional drilling
depth extensions or large-scale step-out will be conducted along strike for additional oxide resources, and at
drilling). depth beneath existing deposits where gold mineralisation may be
of sufficient grade and thickness for underground development.
Regional Prospects
Drilling of high priority regional prospects will continue in 2021.
Follow up drilling will be conducted where anomalous results are
identified in first pass drill testing.
Diagrams clearly highlighting the areas of See diagrams in main text
possible extensions, including the main
geological
interpretations
and
future
drilling areas, provided this information is
not commercially sensitive.

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