Regis Reports Over 100 Prospects with Strong Gold Intersections at Key Targets
Regis Resources revises its exploration update, reaffirming strong growth prospects at key underground and open pit targets across its Duketon and Tropicana gold projects.
- Revision includes additional competent person disclosures and retraction of non-material resource subset
- Over 100 exploration prospects actively evaluated across Duketon greenstone belt
- Strong drilling results at Garden Well, Beamish South, Rosemont, Ben Hur, and Tropicana underground
- Ongoing drilling supports resource upgrades and long-term mine planning
- JORC-compliant data underpins exploration confidence and future reserve conversion
Exploration Update and Regulatory Clarifications
Regis Resources (ASX, RRL) has issued a replacement announcement to its recent biannual exploration update, correcting and clarifying prior disclosures to ensure full compliance with ASX and JORC reporting standards. Key amendments include the addition of a competent person disclosure for the Garden Well and Ben Hur underground Exploration Targets, and the retraction of a non-material subset of the Garden Well Underground Mineral Resource. These adjustments underscore Regis’ commitment to transparent and accurate communication with investors.
Expansive Pipeline of Opportunities in Duketon
The company continues to advance a substantial pipeline of over 100 exploration prospects within the Duketon greenstone belt, a prolific gold-producing region in Western Australia. Recent drilling campaigns have delivered encouraging results, particularly at Garden Well Underground, where mineralisation continuity beyond current mine designs has been confirmed. Beamish South drilling has revealed geological similarities to Garden Well, indicating potential for both open pit and underground mining.
Rosemont and Ben Hur, Underground Growth Prospects
At Rosemont, resource definition and extensional drilling at Stage 3 Underground have intersected multiple high-grade zones extending approximately 300 metres south of existing designs. This strengthens the medium-term underground growth outlook. Meanwhile, Ben Hur drilling continues to delineate consistent high-grade intersections down-plunge, supporting the conceptual Exploration Target that could establish a new underground production source within the Duketon Belt.
Tropicana Underground, Resource Infill and Extensions
Drilling at Tropicana Underground has successfully infilled mineralisation to the south and down dip of current mining areas, with several intercepts indicating potential additions to the Indicated and Inferred Mineral Resource base. Encouraging results from Havana Underground Offset and Boston Shaker Underground further demonstrate grade continuity and support ongoing underground studies.
Looking Ahead, Strategic Drilling and Resource Conversion
Regis’ systematic approach to exploration is designed to progressively upgrade Inferred Resources to Indicated status, refine geological models, and underpin future mine planning. The company is also undertaking deeper diamond drilling to test conceptual targets at depth, particularly at Garden Well and Rosemont. These efforts are critical to extending mine life and supporting long-term production sustainability.
Bottom Line?
Regis Resources’ updated exploration results reinforce its growth trajectory, but investors should watch for upcoming drilling outcomes that will clarify resource conversion potential.
Questions in the middle?
- Will deeper drilling at Garden Well and Rosemont convert Exploration Targets into Mineral Resources?
- How will the retraction of the Garden Well Underground subset affect near-term resource estimates?
- What impact will these exploration results have on Regis’ mine life and reserve replacement strategy?
