REZ Receives Approval to Commence Trial Vat Leach and Bulk Sample Program at East Menzies Gold Project

Resource & Energy Group (ASX: REZ) has announced that approval has been received from the Western Australian Department of Mines, Industry Regulation and Safety (DMIRS) to commence a trial vat leach and bulk sample program at the company’s East Menzies Gold Project. This is a highly significant event for the company because it paves the way for REZ to transition from explorer to producer in an environment of record high gold prices. The first gold pour is expected to occur within the next two months.

The ore for the trial vat leach pit will come from the company’s Maranoa and Goodenough mining lease, where a resource of 51,000 ounces has been delineated.  Subject to a successful trial pit, the company plans to quickly follow on with further vat leach pits, which will lead to sustained gold production, with the income to be used to fund exploration activities and expand production further over time.

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