Regis Resources Limited (ASX: RRL) is making its next big move. The Company has released a comprehensive mid-year exploration update across its Duketon, McPhillamys and Tropicana operations in Australia.
Figure 1: Regis Resources Limited corporate branding [Courtesy: Bez Kabli]
The headline result is a maiden Mineral Resource Estimate at Beamish South. That alone sets the tone for what looks like a very active second half of 2026.
Beamish South Delivers Maiden Open Pit Resource
Regis Resources declared the first Mineral Resource Estimate at the Beamish South Prospect. The result is a key reference point for Regis Resources ASX RRL outlook 2026 investors tracking the gold mining stocks Australia 2026.
270,000 Ounces Confirmed Inside the Garden Well Trend
The Beamish South Mineral Resource Estimate has been undertaken in accordance with the JORC Code 2012. Below is a summary of the main parameters:
| Parameter | Detail |
|---|---|
| Total Tonnage | 7 million metric tonnes |
| Grade | 1.1g/t gold |
| Contained Gold | 270,000 ounces |
| Pit Shell Optimisation | A$3,900 per ounce |
| Cut-Off Grade | 0.4g/t |
| Reporting Standard | JORC Code 2012 |
| Proximity to Garden Well | 3km south of Garden Well open pit |
Figure 2: Beamish South Prospect plan map showing drill collar locations and initial resource outline [Courtesy: Regis Resources]
Beamish South sits within the Garden Well Trend and shares the same stratigraphic position as the existing open-pit operation. Higher-grade mineralisation plunges to the north, which the Company believes may support underground resource definition down plunge.
Garden Well Underground Extends Down Plunge
Drilling at Garden Well Underground returned standout results from well beyond the current resource boundary. Key highlights include:
- RRLGWDD008 returned 10.4m at 2.9g/t gold from 1,179m depth
- That result sits approximately 500m beyond the current resource envelope
- Infill drilling is planned over the next 12 months to define further Inferred Mineral Resources
- The system remains open and consistent in the down-plunge direction
Figure 3: Garden Well Underground long section showing drill intersections and down-plunge extensions [Courtesy: Regis Resources]
Regis Resources views Garden Well Underground as a genuine resource growth target, not just a near-term exploration play.
Rosemont Stage 3 Opens New Strike Ground
Rosemont Stage 3 is pushing boundaries. Regis Resources has confirmed the mineralised system extends well beyond its current design envelope.
South Lode Pushes Beyond the Current Design Envelope
At Rosemont Stage 3, drilling confirmed the quartz-dolerite host unit extends approximately 300m south of the current design envelope. The mineralised system remains open along strike and down dip beyond 1,000m below surface.
Selected drill results from Rosemont Stage 3 are outlined below:
| Hole ID | Intersection | Grade | Depth From |
|---|---|---|---|
| RRLRMDD177 | 0.6m | 149.2g/t gold | 706.6m |
| RUGDD2413 | 1m | 73.4g/t gold | 124m |
Underground drill positions from mid-2026 will allow more systematic testing of strike and depth extensions at Rosemont Stage 3.
Ben Hur Underground Continues to Build
Ben Hur sits approximately 40km south of Rosemont within the Duketon South operations. The Exploration Target and recent results are summarised below:
| Parameter | Detail |
|---|---|
| Exploration Target Tonnage | 4.0 million metric tonnes to 6.0 million metric tonnes |
| Exploration Target Grade | 2.2g/t to 2.8g/t gold |
| Target First Defined | November 2024 |
| Recent Result 1 | 10.3m at 6.3g/t gold from 467.5m |
| Recent Result 2 | 4.2m at 11.6g/t gold from 383.8m |
Figure 4: Ben Hur Underground drilling section showing exploration target intersections [Courtesy: Regis Resources]
Regis Resources views Ben Hur as a viable underground opportunity. Results to date remain consistent with the Exploration Target parameters.
Lazarus Emerges as a Brand New Discovery
Five kilometres west of the Rosemont Gold Mine, a new target is taking shape. The Lazarus Prospect was first identified through reverse circulation drilling in December 2025. For a brand new prospect, the grades and widths are hard to dismiss.
Figure 5: Lazarus Prospect plan map showing reverse circulation drill collars and selected intercepts [Courtesy: Regis Resources]
Key facts about the Lazarus Prospect:
- The current mineralised envelope extends approximately 700m along strike
- Best result: 43m at 6.8g/t gold from 59m in RRLDVBRC035
- Second result: 26m at 2.9g/t gold from 83m in RRLDVBRC036
- Geological interpretation is underway before cross-sections are released
- Further drilling is planned once structural interpretation is complete
Regis Resources gold mining stocks Australia investors will be watching Lazarus closely over the next two quarters.
Kings Plains Confirms Gold Beneath the Surface
The Kings Plains Prospect is located 1.5km southeast of the McPhillamys Gold Project in New South Wales. Drilling at Kings Plains has confirmed gold mineralisation at depth, with the key points being:
| Parameter | Detail |
|---|---|
| Hole ID | RRLKPDD001 |
| Best Intersection | 35m at 1.0g/t gold from 197m |
| Depth Confirmed | At least 180m from the surface |
| Host Rock | Dacitic volcanics and volcaniclastics, Anson Formation |
| Structural Control | Regional Godolphin Fault |
| Style Comparison | Consistent with McPhillamys Gold Project |
| Next Step | Step-out diamond drilling is planned to determine whether Kings Plains can support a larger mineralised system. |
Step-out diamond drilling is planned to determine whether Kings Plains can support an open-pitable resource.
Tropicana Delivers Broad Results Across Four Zones
Regis Resources holds a 30% interest in the Tropicana Gold Mine or the ASX Gold Sector in Western Australia, with AngloGold Ashanti as manager holding the remaining 70%. Drilling across the 7km northeast-trending mineralised corridor returned results across four active zones, summarised below:
| Zone | Hole ID | Intersection | Grade | Depth From |
|---|---|---|---|---|
| Boston Shaker Underground | Not specified | 48m | 2.3g/t gold | 1,020m |
| Boston Shaker Underground | Not specified | 36m | 2.9g/t gold | 1,007m |
| Tropicana Underground | TPUGD0566 | 22m | 9.5g/t gold | 180m |
| Havana South Surface | HSD185W1 | 14m | 6.2g/t gold | 468m |
Figure 6: Tropicana mineralised corridor showing drilling zones and selected 2026 intercepts [Courtesy: Regis Resources]
These results reinforce Regis Resources’ view of Tropicana as an asset with meaningful and ongoing exploration upside.
Industry Outlook
According to the World Gold Council’s 2025 Gold Demand Trends report, world gold mine production rose for the fifth consecutive year in 2025, reaching an all-time high of 3,672 metric tonnes, a gain of 1% versus last year.
Figure 7: Annual global mined gold production and gold price trends from 2001 to 2025 [Courtesy: World Gold Council]
The bigger picture is more interesting. Above-ground gold stocks sit at approximately 219,891 metric tonnes globally. Because gold is virtually indestructible, almost all of it can return to the market under the right conditions. Recycled gold alone acts as a natural pressure valve when prices rise.
Below ground, Metals Focus estimates there are 54,770 metric tonnes of gold reserves remaining as at end-2025. Total identifiable resources sit at 132,110 metric tonnes. The common fear that reserves will run dry in 15 years misses the point entirely. Reserve estimates have stayed relatively stable for decades, even as mining continues. Lower-grade deposits become viable as prices climb. New finds, however small, keep replenishing the pipeline.
That is precisely why near-mine discoveries like Beamish South matter. When the global pipeline is tightening, finding gold close to existing infrastructure is not just convenient. It is genuinely valuable.
Figure 8: Above-ground gold stock and underground reserves as at end-2025 [Courtesy: World Gold Council]
Future Direction and Impact on Mine Life and Resource Base
Regis Resources has a clear drilling agenda across all assets for the remainder of 2026. The table below outlines the planned next steps by project:
| Project | Next Step | Objective |
|---|---|---|
| Beamish South | Further resource drilling | Grow MRE toward Ore Reserve Estimate |
| Garden Well Underground | 12-month infill drilling program | Define further Inferred Mineral Resources 500m down-plunge |
| Rosemont Stage 3 | Underground drill positions from mid-2026 | Test strike and depth extensions systematically |
| Ben Hur | Ongoing evaluation drilling | Advance toward underground development assessment |
| Lazarus | Geological interpretation then drilling | Determine full strike and grade potential |
| Kings Plains | Step-out diamond drilling | Evaluate open pittable resource potential |
| Tropicana | Continued joint venture drilling | Expand resources across four zones |
These programs collectively target extended mine life and a stronger resource base across Regis Resources ASX RRL outlook 2026 operations in Australia.
ALSO READ: Askari Metals Grows Uis Target Pipeline to Seven New Pegmatites Ahead of RC Drilling
FAQ
Q1. What is the Beamish South Mineral Resource Estimate?
Ans. Regis Resources reported an initial resource of 7 million metric tonnes at 1.1g/t gold for 270,000 ounces, within an optimised open pit shell at A$3,900 per ounce.
Q2. Where is Beamish South located?
Ans. Beamish South sits 3km south of the Garden Well open-pit mine within the Duketon South operations in Western Australia.
Q3. What is the Lazarus Prospect?
Ans. Lazarus is a new gold target located 5km west of Rosemont, with first drilling taking place in December 2025. The results have returned over an impressive strike length of 700m at high grades.
Q4. What is the global gold supply outlook for 2026?
Ans. According to the World Gold Council, no significant increase in gold mine production is expected until 2026, although much of further large‐scale new discovery has been limited by rising costs and longer permitting with more stringent regulation born from increased public concern.
Disclamier
This article is intended for informational purposes only. All data referenced has been sourced from ASX announcements and publicly available external sources. Share price and market data should be independently verified before making any financial decisions. Any investment carries risk and should be made at the investor’s own discretion. Colitco does not hold any position in the above-mentioned Company.
Source
- https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03104120-6A1331073
- https://www.gold.org/goldhub/gold-focus/2026/03/you-asked-we-answered-are-we-running-out-gold
- https://www.asx.com.au/markets/company/RRL
Luke Carlino is a seasoned Copywriter, Content Strategist, and Social Media Manager specialising in Mining, Finance, and Business journalism. With more than a decade of industry experience, he brings rigorous editorial standards and commercial acuity to every project.
