REGIS RESOURCES LIMITED — Investor Presentation 2011

Mar 7, 2011

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ABN 28 009 174 761

8 March 2011

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

www.regisresources.com

Level 1 1 Alvan Street Subiaco WA 6008 Australia

PO Box 862 Subiaco WA 6904 Australia

P 08 9442 2200 F 08 9442 2290

Dear Sir/Madam

Euroz Investor Presentation

Please find attached a copy of a presentation given by the Company’s Managing Director Mr Mark Clark at today’s Euroz Securities Limited 2011 Rottnest Island Conference.

Yours sincerely REGIS RESOURCES

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Kim Massey Company Secretary

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Building a quality gold business Mark Clark Managing Director March 2011

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This presentation contains only a brief overview of Regis Resources Limited and its associated entities
(“Regis or RRL") and their respective activities and operations. The contents of this presentation, including
matters relating to the geology of Regis’ projects, may rely on various assumptions and subjective
interpretations which it is not possible to detail in this presentation and which have not been subject to any
independent verification.
This presentation contains a number of forward‐looking statements. Known and unknown risks and
uncertainties, and factors outside of Regis’ control, may cause the actual results, performance and
achievements of Regis to differ materially from those expressed or implied in this presentation.
To the maximum extent permitted by law, Regis does not warrant the accuracy, currency or completeness
of the information in this presentation, nor the future performance of Regis, and will not be responsible for
any loss or damage arising from the use of the information.
The information contained in this presentation is not a substitute for detailed investigation or analysis of
any particular issue . Current and potential investors and shareholders should seek independent advice
before making any investment decision in regard to Regis or its activities.
The technical information in this presentation has been reviewed and approved by Mr Morgan Hart who is
a member of the Australasian Institute of Mining and Metallurgy. Mr Hart has sufficient experience which is
relevant to the style of mineralisation and type of deposit under consideration and to the activity which he
is undertaking to qualify as a Competent Person as defined in the 2004 edition of the ‘Australasian Code for
the Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Morgan Hart is a director and
full time employee of Regis Resources Ltd and consents to the inclusion in the report of the matters based
on his information in the form and context in which it appears. 2
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 Mark Clark Mana g in g Director
 Nick Giorgetta Chairman

Morgan Hart Operations Director
Appointed to RRL board by shareholders in May 2009
All previously exec directors of Equigold NL
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 Ross Kestel Non Exec
 Mark Okeby Non Exec
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2.5 8 7 2 ASX Code RRL 6 1.5 5 FP shares on issue 43 1m 4 Listed options 16m 1 32 0.5 (RRLO, RRLOA, RRLOB) 1 Unlisted options 16m 0 0 Share price $2.06 Range (1yr) $0.61‐$2.46 Monthly volume ( s h ares ) 30m Major shareholders Cash $21m Newmont 17% Market Cap $887m Directors & mgt 12% Libra Advisers 4% 4

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 Located 350km north‐ north east of Kalgoorlie  100% Regis owned

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 387 granted leases  2,030km[2] of ground  5.7 Moz resources[1]  2.1Moz reserves[1]

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Garden Well
1.34Moz reserve
2.1 Moz resource
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Note 1 – full breakdown of these reserves and resources in accordance with JORC is set out in Appendix 1 & 2 to this presentation 7

	Total / Reserve growth pending GardenWell MT g t Koz Garden Well 27.5 1.52 1,340 Moolart Well - Laterites 101 141 455  Dec 10 – maiden reserve Mar 11 update expected Moolart Well oxides
	. . -Oxide 2 4 1 94 148 Resource conversion drilling Pit ti i ti . . MW Total 12.5 1.50 603 Erlistoun 2.7 2.36 203 Total 42.7 1.56 2,146  re‐op m sa on Satellite resources Resource conversion drilling
	8 Note 1 – full breakdown of the reserves in this table in accordance with JORC in Appendix 1 to this presentation

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2,200
2,000
1 , 800
1,600
1,400
1,200
1,000
800
600
400
200
0
RRL CAH IGO SAR NGF NAV RMS CRE DOM IGR SBM AVO FML SLR TAM
Source: Euroz Securities 9
Ounces (thousands)
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• Transported cover of approx 5m.

• Laterite ore zone averages 4m (max 20m).

• Oxide mineralisation from base of laterite to base of 11

• oxidation (averages 70m).

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• Mining  Only laterites to date  3 starter pits  1.0MT at 1.46 g/t

• 10% of laterite reserve

• 8% of total reserve

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||||||||||
|---|---|---|---|---|---|---|---|---|
|Operations – LOM forecast|Costs – LOM forecast|
|Open pit mining – truck & shovel|A$/oz|
|Primary|crushing|,|SAG|mill|&|CIL|Mining|244|
|plant.|Milling|211|
|Lab & admin|40|
|Mill throughput|2.0Mtpa|Cash costs|495|
|Mine life|> 6 years|Rehab|5|
|Average production|90koz pa|Royalties|62|
|Max|production|109koz|pa|Total|opex|562|
|•|Expect > forecast throughput|
|•|Expect reserve increases|•|$123m tax losses|
|13|

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||||
|---|---|---|
|Dec 2010|Sept 2010|
|Quarter|Quarter|
|Ore mined (tonnes)|500,663|310,947|
|Ore milled (tonnes)|475,296|280,330|
|Grade (g/t)|1.68|1.09|
|Recovery (%)|93|90|
|Production (oz)|23,851|8,871|
|Cash cost (A$/oz)|450|n/a|
|Cash cost including royalties (A$/oz)|514|n/a|

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• Opt imi s in g p r ocess

• Throughput up to 2.2MTpa (design +10%)

• Potential to further increase throughput with optimising

• Process water and ore blend constrained in short term

• Produced 33,000 oz Sept10 – Dec10

• Forecast 2[nd] half 45‐50koz at A$500‐550/oz (pre royalties)

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Resource 277koz [1] . Cash costs A$609/oz
On basis truck to Moolart Well
4.6MT at 1.88g/t
7km from Garden Well
Reserve (Jan 11)
Will be processed at Garden Well
2.7MT at 2.36g/t – 203koz [1]
Note 1 – full breakdown of these reserves and resources in accordance with JORC is set out in Appendix 1 & 2 to this presentation 16
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Debt

 Drawn to A$30m

 First repayment of A$10m due 30 Jun 11 Cash

 $21.5m at 31Dec 10

Hedging

 166koz of hedging

 135koz at A$1,340/oz – 12koz/qtr 2010 – 2013

• 31koz at A$1,398/oz – spot deferred

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Goal

• Build reserves to +2. 5 million ounces in 12 months

• Strategy

• March 2011 reserve update at Garden Well

• Moolart Well oxides

• Resource conversion drilling

• Optimisation of current reserves

• Prioritise and drill satellite resources

• Drill new prospects & regional exploration

Delivery

• Not reliant on new discovery

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7 regional satellite deposits (excluding MW, GW and Erlistoun)

Resources of . 1 1Moz[1]

None more than 15km away from either MW or GW All on granted mining leases

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Garden Well
1.34Moz reserve
2.1 Moz resource
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Drill outs and reserve studies planned Incremental reserve ounces likely

Note 1 – full breakdown of these resources in accordance with JORC is set out in Appendix 2 to this presentation 21

Current resource of 577koz[[1]]

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Current resource of 577koz [[1]]
Blenheim Aug ‐ Nov 2010. Current reserve 1 4 8koz [1]
53 holes for 6,760mMWRC519: 22m @ 3.2g/t 26% conversion to reserve
Au from 80m
Only 1km of 5km strike drilled
Mosquito Nov 2010.
16 holes for 1,700m 56% of resource in drilled
area converts to reserve
Wellington April ‐ Oct 2010.
55 holes for 7,520mMWRCAu from 83m417: 17m @ 5.5g/t 70 , 000m drillout underway
(26,000m completed to date)
Stirling N July ‐ Aug 2010.
37 holes for 3,770mMWRC475: 11m @ 2.4g/t
Au from 63m Incremental reserve ounces
Lancaster N August 2010. likely
16 holes for 1,890mMWRC490: 6m @ 2.2g/t Au Note 1 – full breakdown of these reserves and resources
from 83m
in accordance with JORC is set out in Appendix 1 & 2 to
this presentation 22
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Drilling Status – Dec 2010
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Drilling Status – Dec 2010 Discovery hole Nov 09 433 a rcore i h o es r l d ill e d 152 RC holes drilled 15 diamond holes drilled 70,000+ metres drilled Significant results over 1,040m o f s t r ik e. Mineralistion confirmed to depth of approx 270 metres and still open

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		Hole From (m) To (m) Intersection (m) Grade (g/t) GDAC038 60 110 50 2.36 GDAC037 41 92 51 2.78 GDAC036 65 109 44 3 65 . GDAC032 71 104 33 3.17
		Hole	From (m)	To (m)	Intersection (m)	Grade (g/t)
		GDAC038	60	110	50	2.36
		GDAC037	41	92	51	2.78
		GDAC036	65	109	44	365
						.
		GDAC032	71	104	33	3.17
		GDAC031	44	64	20	2.90
		GDAC024	40	82	42	2.02
		GDAC022	32	51	19	3.99
		GDAC002	51	124	73	3.61
		GDAC005	42	111	69	4.26
		GDAC014	46	50	4	20.90
		GDAC014	89	108	19	4.50
		GDAC018	77	97	20	3.80
		GDRC013	147	207	60	1.81
		GDRC015	56	95	39	4.54
		GDRC024	103	131	28	2.60
		GDRC032	132	142	10	2.66
		GDRC035	43	132	89	2.30 ~~2~~

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
Maiden Ore Reserve (Dec 10)
» 27.5Mt at 1.52g/t for 1.34Moz [1]
» Forecast opex A$523/oz
» 95% of reserve is shallower than 180m
 I n p it resource n (i di ca t e d n & i f erre d)
» 30.8Mt at 1.49g/t for 1.48Moz [2 ] (Opex A$499/oz)
Note 1 – full breakdown of these reserves & resources in accordance with JORC set out in Appendix 2 28
Note 2 – in pit resource – Indicated 27.5mt at 1.52g/t for 1.34Moz & Inferred 3.3mt at 1.31g/t for 138koz
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• Updated resource » 49Mt at 1.36g/t for 2.14Moz (up 287koz / 16%)

• Indicated category » 1.76Moz (up 276koz / 19%)

• Key points » 90% of resource shallower than 220m » 99% of resource shallower than 270m » Based on diamond drilling of 400 of 960m strike » 3 0 more diamond holes underwa y » further RC drilling pending on southern extensions

• Next upgrades » Reserve by end Mar 11 » Resource & reserve by June 11

• Note 1 – full breakdown of these reserves & resources in accordance with JORC set out in Appendix 2 29

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Mineralisation open
at depth & south
Diamond drill
assays pending
Open at RC drilling pending
Depth in south
Open
to Gram metre plot =
South intersection metres x
grade 30
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Diamond drilling
not yet included
in reserve
22m @ 4.23g/t
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Diamond drilling
not yet included
in reserve
20m @ 2.91g/t
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• Feasibility & development work underway

• Mining leases granted and licensing proceeding

• Metallurgical testing complete – excellent results

  • Recoveries > 95% in 24hr at course grind of 150µm

  • High gravity gold recovery >54%

  • Low abrasion index 0.057 Ai (g)

  • Low‐medium bond work index 13.6 kWh/tonne

  • Very soft crushing index 4.9 kWh/tonne

• Optimal plant size 4MTpa – production ≈ 180koz pa

• Flow sheet and capex studies progressing

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
Financing
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• Internal funding

• Restructure of existing debt

• Target development timeline

Reserve update Mar 11 quarter Feasibility study & finance June 11 quarter Commence construction Sept 11 quarter Commence production Sept 12 quarter 35

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MoolartWell Gold in soil anomalies sit at t h e margin o f t h e tertiary palaeochannel Regional application 37

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Garden Well
30km south of Moolart Well
3 – 25 ppb gold in soil
anomaly on edge of
palaeochannel
Discovery holes at end of
traverse
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Moolart Well Tertiary palaeochannel
paPalaeochannelRegis Tenure
3 ‐ 7ppb Au Lag Soil
8 ‐ 24ppb Au
Anchor 25 ‐ 75 ppb Au
> 75 ppb Au
30km long gold bearing
structure between Moolart
Dogbolter
Well & Garden Well
Gold
Numerous target areas where
Targets structure is under cover and
Gold untested by drilling
Mineralised
Structure Early encouragement at Pleco
andTooheysWell
Exploration focus in 2011
10km
Pleco Gold
Prospect
Garden Well
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3
2.5
2
1.5
1
0.5
0
2008 2009 2010 2011 2012
Moolart Well Erlistoun Garden Well Satellites

Reserve growth pipeline

Not reliant on discovery or acquisition
41
unces)
Reserves (Million o
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300,000
2013 + 7 years
250,000
200,000
150,000
100,000
50,000
0
2011 2012 2013 2014

+250koz pa production by 2012/13
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Production (ounces)
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300,000 1.37moz NCM
2 5 0 , 000
200,000
150,000
100,000 oz Regis
100,000
50,000
‐
Source of 2009/10 production stats – Surbiton Assoc Quarterly Review
Regis production is a forecast for FY2012 43
Note 1 – Australian production of overseas domiciled companies excluded
Gold production (ounces)
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300,000 1.37moz NCM
250,000 oz Regis
250,000
200,000
150,000
100,000
50,000
‐
Source of 2009/10 production stats – Surbiton Assoc Quarterly Review
Regis production is a forecast for FY2013 44
Note 1 – Australian production of overseas domiciled companies excluded
old production (ounces)
G
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 Moolart Well Gold Mine

• In p roduction 90 ‐ 100koz p a

• Low technical risk

• Strong cashflows

• Garden Well project

• Resource 2.14Moz and growing

• Maiden reserve 1. 34 Moz and u pg rade p endin g Mar11 q tr

• Stand alone operation – target production Sept 12 qtr

• ≈ 180koz pa production

• Pipeline to 2.5 – 3Moz oz reserve & +250koz pa prod

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Proven Probable Total
Cut‐
off
Project MT grade gold MT grade gold MT grade gold Grade
g/t koz g/t koz g/t koz
g/t
Garden Well 27.5 1.52 1,340 27.5 1.52 1,340 0.60
Moolart Well
Laterite 9.5 1.44 437 0.6 0.98 19 10.1 1.41 455 0.50
Oxide 1.2 1.85 71 1.2 2.02 77 2.4 1.94 148 0.50
Total Moolart
Well 10.7 1.48 508 1.8 1.66 96 12.5 1.51 603
Erlistoun 1.3 2.34 95 1.4 2.37 108 2.7 2.36 203 0.70
Total
Reserves 12.0 1.56 603 30.7 1.56 1,544 42.7 1.56 2,146
Note 1 – all reserves other than Garden Well and Erlistoun quoted at 30/6/10. Maiden reserve for Garden Well
announced to ASX 21 December 2010. Erlistoun reserve upgrade announced to ASX 18/1/11.
Note 2 ‐Tonnes and Ounces are rounded, rounding errors may occur.
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MT = million tonnes, g/t = gold grade in grams per tonne, koz = thousands of ounces
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Measured Indicated Inferred Total Resources
Cut‐off
Project gold gold gold gold Grade
MT g/t MT g/t MT g/t MT g/t
koz koz koz koz g/t
Moolart Well
Laterite 9.8 1.45 459 1.0 0.90 29 0.3 0.88 8 11.1 1.39 496 0.50
Oxide 1.2 1.85 71 3.9 1.52 192 6.7 1.45 314 11.9 1.51 577 0.80
Sulphide 2.4 1.37 108 2.4 1.37 108 1.00
Low Grade 4.0 0.42 54 13.9 0.47 212 48.5 0.50 774 66.4 0.49 1040 0.3
Total Moolart Well 15.0 1.21 584 18.8 0.72 433 58.0 0.65 1,204 91.8 0.75 2,220
Garden Well 39.5 1.39 1,760 9.5 1.23 376 49.0 1.36 2,136 0.50
Erlistoun 3.1 2.18 215 1.5 1.28 62 4.6 1.88 277 0.50
Satellite Deposits
Dogbolter 0.9 2.91 87 0.9 2.91 87 1.00
Rosemont 14.7 1.72 815 14.7 1.72 815 1.00
King John 0.7 3.18 72 0.7 3.18 72 1.00
Russells Find 0.4 3.84 55 0.4 3.84 55 1.00
Baneygo 0.8 1.70 43 0.8 1.70 43 0.50
Reichelts Find 0.1 3.69 17 0.1 3.69 17 1.00
Petra 0.4 3.12 42 0.4 3.12 42 2.00
Total Satellite
Deposits 0.1 3.69 17 17.9 1.94 1,114 18.0 1.95 1,131
Total 15.0 1.21 584 61.5 1.23 2,425 86.9 0.99 2,756 163.4 1.10 5,764
Regis share 5,742
Note 1 – all resources other than Garden Well quoted at 30/6/10. Resource for Garden Well announced to ASX
8 March 2011. Note 2 ‐Tonnes and Ounces are rounded, rounding errors may occur.
MT = million tonnes, g/t = gold grade in grams per tonne, koz = thousands of ounces 48
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