Resources & Energy Group Ltd
Resources & Energy Group Limited is an Australia-based mineral resources explorer, developer and producer, holding mining leases in Western Australia.
The business
Resources & Energy Group Limited is an Australia-based mineral resources explorer, developer and producer, holding mining leases in Western Australia. The Company is focused on the development of the flagship East Menzies Gold Project (EMP). The Company’s EMP is situated approximately 130 kilometers (km) north of Kalgoorlie in Western Australia. The East Menzies Gold Project represents a 112 km2 package of contiguous mining, exploration, and prospecting licenses in the East Menzies Goldfield. The East Menzies Gold Project is located within the Wiluna-Norseman Greenstone Belt-a significant orogenic lode gold province. The EMP encompasses seven operational areas, including the Gigante Grande Gold prospect on the east side project area, which has been subdivided into three geographical domains (North, Central and South). In the southwest, drilling investigations at Springfield have intersected magmatic Ni sulfides.
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Latest news
Resources and Energy Group declares high-grade gold discovery at East Menzies
Resources and Energy Group (ASX: REZ) has found a new high-grade gold zone at its East Menzies project in Western Australia with a peak result of 1m at 76.4 grams per tonne, declaring it a significant find of economic mineralisation. The zone has been located by a round of drilling at the Gigante Grande prospect, […]
Resources & Energy Group updates Mount Mackenzie project economics in light of strong gold price
Gold explorer Resources & Energy Group (ASX: REZ) has updated the mineral resource estimate for its Mount Mackenzie gold and silver project in central Queensland, citing a material change in commodity prices in the five years since the original estimate was released. Mount Mackenzie is now reported to contain an indicated resource of 1.7 million tonnes grading […]
Resources & Energy Group anticipates increased cashflow from revised scoping study for Mount Mackenzie gold project
Resources & Energy Group (ASX: REZ) has revised a scoping study for the Mount Mackenzie gold and silver project in central Queensland to reflect a gold price of $2,600 per ounce. The revision will increase free cashflow from the planned development to $54.6 million and operating cashflow to $67.6 million. An analysis of Mount Mackenzie […]
Resources & Energy Group finds large gold trend at East Menzies
A maiden drilling campaign by Resources & Energy Group (ASX: REZ) at the East Menzies gold project in Western Australia has confirmed the presence of a significant gold trend covering over 2,500m of strike and up to 450m wide. Regional assays showed a 100 parts-per-billion gold anomaly at the company’s Demeter prospect, highlighting the trend […]
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