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Resources & Energy Group Limited ( (AU:REZ) ) has provided an update.
Resources & Energy Group Limited has successfully raised $2 million through a share placement to fund the advancement of its East Menzies Gold Project. This capital injection will support drilling, resource expansion, and near-term production growth, following significant milestones achieved in 2025, including gold pours and processing approvals. The company is transitioning to full-scale gold production, with plans for a significant drill program in early 2026, and is exploring long-term growth through a modular gold mill.
More about Resources & Energy Group Limited
Resources & Energy Group Limited is a company operating in the mining industry, primarily focused on gold exploration and production. The company is advancing its East Menzies Gold Project, which is emerging as a consolidated gold district with multiple production opportunities and large-scale exploration potential.
Average Trading Volume: 1,911,964
Technical Sentiment Signal: Sell
Current Market Cap: A$12.36M
For detailed information about REZ stock, go to TipRanks’ Stock Analysis page.