Regis Resources Limited (AU:RRL) has released an update.
Regis Resources Limited has reported sustained growth in its Mineral Resources and Ore Reserves, with a notable increase in underground opportunities leading to organic value growth. With a total of 7.0 million ounces in Mineral Resources and 3.5 million ounces in Ore Reserves as of the end of 2023, the company is confident in its strategic goal of operating four to five underground mines at Duketon, aiming for an annual gold production of 200,000 to 250,000 ounces. The robust exploration results, including impressive drilling intersections at Tropicana and McPhillamys, further support the company’s positive outlook for continued resource expansion.
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