Regis Resources Limited Confirms Growth Potential Across Key Assets
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Regis Resources Limited (ASX: RRL) shares rose 3.22% to $6.575 at the time of writing following the companyβs mid year exploration update released on 24 June 2026. The announcement highlighted progress at Beamish South including the release of an initial open pit Mineral Resource Estimate.
The update outlined exploration progress across Duketon, McPhillamys and Tropicana with continuing RC and diamond programs and numerous high grade intercepts that support both open pit and underground potential.
Beamish South was reported with an initial MRE of 7 Mt at 1.1 g/t for 270 koz within an optimised 3,900 oz pit shell and Regis reported ongoing drilling will aim to grow the resource and assess whether it can support a future Ore Reserve.
At Duketon, Garden Well infill and deeper drilling confirmed strong continuity including mineralisation extending roughly 500m down plunge from current resources and Ben Hur and Rosemont returned multiple narrow, high grade intersections that reinforce the companyβs underground growth pipeline.
Tropicana drilling at Boston Shaker, Tropicana Underground, Havana South and the Swizzler area delivered encouraging down plunge extensions and further confidence in converting Inferred resources to Indicated while Kings Plains near McPhillamys confirmed mineralisation to at least 180 m depth.
Management framed the results as validation of a broad pipeline of almost 100 exploration prospects across the portfolio and said reserve definition and resource extension programs will continue through 2026 to test depth and strike extensions.
The announcement includes full JORC technical appendices and Competent Person sign offs and Regis noted that Beamish South is not material on a stand alone basis but contributes to Duketon Southβs overall resource base.
(Source: Company Announcement)
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