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An update from Resources & Energy Group Limited ( (AU:REZ) ) is now available.
Resources & Energy Group Limited will commence a reverse circulation drilling and sampling program at its East Menzies Gold Project by 27 January 2026, targeting extensions of mineralisation at the Gigante Grande and Goodenough mineral resources, which together currently host more than 80,000 ounces of gold. The company has completed the first phase of a soil sampling campaign in underexplored northern tenements and flown LIDAR and high‑resolution aerial surveys over the entire project, aiming to identify new targets and refine its understanding of existing gold systems as it moves to test a substantial exploration target at Gigante Grande, with the program expected to underpin potential resource expansion and strengthen its exploration pipeline.
The most recent analyst rating on (AU:REZ) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Resources & Energy Group Limited stock, see the AU:REZ Stock Forecast page.
More about Resources & Energy Group Limited
Resources & Energy Group Limited is an Australian gold exploration company listed on the ASX, focused on advancing its East Menzies Gold Project in Western Australia. The company is developing the Gigante Grande and Goodenough gold deposits, targeting resource growth in an established gold-producing region through drilling, geophysics and geochemical programs.
Average Trading Volume: 2,609,472
Technical Sentiment Signal: Sell
Current Market Cap: A$15.57M
See more data about REZ stock on TipRanks’ Stock Analysis page.