REZ – First Gold Doré Following Successful Carbon Strip
HIGHLIGHTS
• REZ successfully pours first gold doré from its maiden vat leach trial at the East Menzies Gold Project
• Gold doré from this first pour has now been transported to the Perth Mint for refining and sale
• The trial shows the effectiveness of vat leaching as a gold recovery method and provides confidence for further expansion
• Onsite operators anticipate a regular gold pour cycle, with gold pours expected to occur approximately every three weeks moving forward, reinforcing the continuity of production at East Menzies
• Demonstrating confidence in this process, REZ has already submitted a second mining application with DMIRS for an expanded vat leach operation, covering 8 new vats and up to 40,000 tonnes of material from the Maranoa deposit
• This gold doré pour coincides with record-high gold prices, strengthening REZ’s potential for strong cash flow generation in the coming months