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Resources & Energy Group Limited (ASX:REZ)

ALERT: Price-sensitive ASX Announcement for REZ
Current share price for REZ : $0.011 -0.001 (-8.33%)+
Announcement
Release
24 Jun 2026 9:28AM
Price at Release
$0.012
Full Release
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Summary
Resources & Energy Group Limited (REZ) conducted a reverse circulation (RC) drilling program in early 2026 at the East Menzies Gold Project in Western Australia. The program, which included 18 RC holes across the Goodenough, Gigante Grande, and Maranoa prospects, aimed to explore gold mineralisation extensions and verify the existing resource estimates. Significant results were reported at the Goodenough Prospect, particularly from drillhole 26GERC028, which revealed multiple mineralised intercepts, including 2 meters at 3.12 g/t Au. The drilling confirmed the extensions of gold mineralisation at Goodenough, supporting a revision of the current Mineral Resource Estimate. Future plans include further drilling and resource updates, with an emphasis on confirming near-surface gold and enhancing geological understanding across the project.
Key Points
  • Significant RC drilling program conducted at East Menzies Gold Project.
  • 18 RC holes drilled across Goodenough, Gigante Grande, and Maranoa prospects.
  • Best results from Goodenough Prospect, with notable intercepts in drillhole 26GERC028.
  • Drilling confirmed gold mineralisation extensions and validated resource estimates.
  • Plans for further drilling and updated resource estimates are in place.
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.