The following is a summary of the Regis Resources Limited. (RGRNF) Q2 2024 Earnings Call Transcript:

Financial Performance:

• Regis Resources reported Q2 gold production at their Duketon site was 70,413 ounces at an all-in sustaining cost of AUD 2,276 per ounce, including AUD 140 per ounce of non-cash inventory adjustments.

• The share of the Tropicana Gold production was 38,794 ounces at an all-in sustaining cost of AUD 1,795.

• Gold production at Duketon North was 9,651 ounces, and Duketon South was 60,763 ounces at costs of AUD 2,441 and AUD 2,250 per ounce, respectively.

• Sales revenue for the quarter was AUD 279 million, creating operating cash flows of AUD 97 million and increasing cash and bullion to AUD 155 million.

• The company extended the maturity date of the existing AUD 300 million loan facility from 31 May 2024 to 30 June 2025.

Business Progress:

• The biannual exploration report points towards potential for resource and reserve growth.

• Their 9 megawatt solar farm at Duketon South has helped reduce power costs and carbon emissions, with a more significant 62 megawatt wind solar battery being installed at Tropicana, to be completed in 2025.

• Exploration drilling at Garden Well and Rosemont confirms potential for mineralization extensions, signalling potential resource addition in future.

• Mining will continue at certain areas in Duketon and cease at the end of FY24, while post FY24, Duketon North will go on care and maintenance.

• The production from Tropicana is expected to improve, with plans underway to further address issues related to underground development.

More detailed: REGIS RESOURCES LTD IR

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