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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
25 Jun 2026 10:14AM
Price at Release
$0.012
Full Release
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Summary
Resources & Energy Group Limited (REZ) is focusing on gold exploration and mining projects in the Eastern Goldfields of Western Australia. The company has established a maiden mineral resource at the Gigante Grande site with an inferred resource of 40,700 ounces of gold and continues to explore further potential in this area. REZ is progressing with its Maranoa project, which involves a joint venture with Rembrandt Mining to mine 8,000 ounces of gold in 2026. Additionally, the Goodenough project has been upgraded with a mineral resource estimate of 61,200 ounces of gold, with plans for further resource expansion and development. REZ is implementing a self-funding strategy, using cash flows from its projects to reinvest in exploration and development. The company emphasizes operational discipline and strategic partnerships to maximize gold recovery and project profitability.
Key Points
  • Maiden inferred mineral resource of 40,700 oz at Gigante Grande.
  • Gold exploration target of up to 550,000 oz at Gigante Grande.
  • Maranoa project JV with Rembrandt Mining for 8,000 oz in 2026.
  • Goodenough project upgraded to 61,200 oz mineral resource.
  • Self-funding strategy through project cash flows for reinvestment.
  • Focus on operational discipline and strategic partnerships.
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.