The board of Regis Resources Ltd (ASX: RRL) is pleased to advise that gold production for the June 2018 quarter was strong at 92,008 ounces. With this, FY2018 gold production has been flagged at an annual record of 361,373 ounces, which is at the top end of FY18 guidance range of 335,000 – 365,000 ounces.
Regis’ cash and bullion position rose to $208.8 million at 30 June 2018, a quarter-end record and an increase of $40.9 million from the $167.9 million held at 31 March 2018. The Company’s June 2018 quarterly report will be released on Tuesday 31 July 2018 and will have full details on production and costs for the quarter and guidance for FY2019.
Mark Clark, Regis Executive Chairman commented: “It was pleasing to end the year with another very strong operational quarter at Duketon. Record annual gold production of 361,373 ounces and record quarter-end cash and bullion holdings of $208.8 million are a testament to the quality of the Duketon operations and the team that manages them.
The current market price of RRL is $5.100 with a small change of -$0.03 or -0.585%, as at July 10, 2018.
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