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Resources & Energy Group Limited (ASX:REZ)

ALERT: Price-sensitive ASX Announcement for REZ
Current share price for REZ : $0.011 -0.002 (-15.38%)+
Announcement
Release
24 Mar 2026 9:54AM
Price at Release
$0.013
Full Release
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Summary
Resources & Energy Group Limited (REZ) has upgraded the Goodenough Mineral Resource at the East Menzies Gold Project in Western Australia to contain 61,200 ounces of gold from 1.36 million tonnes at a grade of 1.40 g/t Au. This represents a significant 54% increase in tonnes and an additional 15,090 ounces of contained gold compared to the 2020 estimate. The resource has been classified according to the JORC 2012 Code, with the majority being Indicated. The mineralisation remains open to the southwest, east, and at depth, suggesting potential for further growth with additional drilling. The project forms part of REZ’s broader strategy to enhance its gold resources and support development beyond small-scale mining.
Key Points
  • Goodenough Mineral Resource updated to 61,200 oz gold
  • Resource increased by 54% in tonnes and 15,090 oz gold
  • Resource classification: Majority Indicated
  • Mineralisation remains open in several directions
  • Part of REZ's strategy to expand gold resources
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.