Resources & Energy Group Limited (AU:REZ) has released an update.
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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.
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