New McPhillamys PFS Supports Reinstatement of Ore Reserve

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Stock Regis Resources Ltd (RRL.ASX)
Release Time 19 Jun 2026, 8:17 a.m.
Price Sensitive Yes
 Regis Resources Reinstates McPhillamys Ore Reserve
Key Points
  • New PFS shows McPhillamys delivers 190koz annual gold production at A$4,000/oz gold price
  • Gross revenue of $7.1 billion, NPV5.5% of $1.13 billion, and IRR of 21.8% post-tax
  • McPhillamys Gold Project Ore Reserve reinstated at 56Mt at 1.1g/t Au for 1.89Moz
  • Total pre-production capital $1.08 billion, including $78 million of contingency
  • Targeting Final Investment Decision in the first half of calendar year 2028
Full Summary

Regis Resources Ltd has announced the reinstatement of the McPhillamys Gold Project Ore Reserve following the completion of a new Pre-Feasibility Study (PFS). The study demonstrates that the project delivers 190,000 ounces of average annual gold production at a gold price of A$4,000/oz, with gross revenue of $7.1 billion, a Net Present Value (NPV) of $1.13 billion at a 5.5% discount rate, and an Internal Rate of Return (IRR) of 21.8% post-tax. The reinstated Ore Reserve is 56 million tonnes at 1.1 grams per tonne gold for 1.89 million ounces. Total pre-production capital is $1.08 billion, including $78 million of contingency. Regis is targeting a Final Investment Decision (FID) in the first half of calendar year 2028, subject to securing necessary approvals.

Guidance

Regis Resources targets FID in H1 2028; NPV $1.13 billion at 5.5% discount rate; 190,000 oz annual gold production at A$4,000/oz gold price

Outlook

Regis Resources is focused on securing necessary approvals and targeting a Final Investment Decision in the first half of calendar year 2028 to commence the McPhillamys Gold Project.