Resources & Energy Group Limited (AU:REZ) has released an update.
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Resources & Energy Group Limited has recommenced gold mining at the East Menzies Gold Project, focusing initially on the Maranoa deposit with a target of processing 5,000 tonnes of ore. This move follows approval from the Western Australian Department of Mines and aims to leverage the current high gold prices using a cost-efficient vat leach method, promising increased production potential and shareholder value. The company is poised for growth, with plans to expand operations across other high-grade deposits within the East Menzies region.
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