Regis ramps up greenfields exploration budget

REGIS Resources has increased its exploration budget for the 2020-21 year by 2-3 times historical levels to A$35 million in Western Australia’s Duketon Greenstone Belt, with around $25 million focused on greenfields discoveries as it strives reverse a fall in reserves and almost double production towards 600,000 ounces per annum over time.

Regis ramps up greenfields exploration budget Regis ramps up greenfields exploration budget Regis ramps up greenfields exploration budget Regis ramps up greenfields exploration budget Regis ramps up greenfields exploration budget

Underground at the new Rosemont mine

Managing director Jim Beyer said a large number of early stage targets had been generated following the acquisition of Duketon Mining in August 2019, which delivered the company a dominant position in

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