An escalated drilling program by Regis has confirmed the significant potential of the Tooheys Well project in Western Australia to deliver high-grade mineralisation only 2.5km south of its 5Mtpa Garden Well processing plant in Western Australia.
Regis has posted a Tooheys Well inferred mineral resource of 14.6Mt @ 1.16g/t for 547,000oz - at an 0.4g/t cut-off grade - and above a 1g/t cut-off grade, the estimate is 6.7Mt @ 1.77g/t for 379,000oz. It's expediting infill drilling to provide the basis for a maiden ore reserve later this year.