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Resources & Energy Group Limited ( (AU:REZ) ) just unveiled an announcement.
Resources & Energy Group Limited has initiated a soil sampling program at its East Menzies Gold Project in Western Australia, targeting underexplored areas to refine exploration targets. This program, involving the collection of approximately 1,500 samples, aims to enhance the existing dataset and support further drilling plans at Gigante Grande and Goodenough, with approvals expected soon. The initiative is part of REZ’s strategy to expand its exploration footprint and build a robust pipeline of drilling targets, positioning the company for growth driven by new discoveries.
More about Resources & Energy Group Limited
Resources & Energy Group Limited is a company operating in the mining industry, primarily focused on gold exploration and development. The company is engaged in projects such as the East Menzies Gold Project in Western Australia, aiming to expand its resource base and enhance its market positioning.
Average Trading Volume: 1,228,107
Technical Sentiment Signal: Sell
Current Market Cap: A$19.32M
For a thorough assessment of REZ stock, go to TipRanks’ Stock Analysis page.