Regis Resources Advances Growth with McPhillamys Gold Project Progress

Regis Resources Limited (ASX: RNV) has announced key updates on its McPhillamys Gold Project in New South Wales, underscoring its commitment to expanding production capacity. The company confirmed progress on permitting and engineering, with development plans positioning McPhillamys as a cornerstone growth project. According to the financial overview on page 3, Regis ended the period with a solid balance sheet, supported by strong cash flow generation from existing operations at Duketon and Tropicana. The project is expected to deliver significant scale, with potential annual production estimated at over 180,000 ounces, enhancing Regis’ position as a mid-tier gold producer. Additionally, cost discipline remains a focus, with management aiming to balance capital allocation between growth investments and shareholder returns. The company reiterated its long-term strategy of operational efficiency and portfolio expansion, reinforcing confidence in its development pipeline and ability to generate sustainable value.

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