Resources & Energy Group Limited (AU:REZ) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Resources & Energy Group Limited has restarted its trial vat leach program at the East Menzies Gold Project after receiving regulatory approval, aiming to process 5,000 tonnes of hard rock material from the Maranoa deposit. With high-grade gold deposits and expansion opportunities, the company also completed a $500,000 share placement to fund strategic drilling at the Goodenough Gold prospect. These developments position REZ to capitalize on current high gold prices and optimize production costs through low-cost processing methods.
For further insights into AU:REZ stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue