Resources Energy Group Limited (ASX:REZ) has received approval from the Western Australian Department of Mines, Industry Regulation and Safety (DMIRS) to commence a trial vat leach and bulk sample program at its East Menzies Gold Project. The project includes the exciting opportunity at Maranoa, which will provide the material for VAT leach testing and the first gold pour, anticipated within the next two months.
This crucial approval to commence mining operations at East Menzies - at the Maranoa deposit represents a significant opportunity to advance our vat leach testing and achieve our first gold pour of this campaign. This is a major milestone for the company and our shareholders as we move closer to realizing the full potential of the East Menzies Gold Project.
Resources Energy Group Limited (ASX:REZ) has received approval to commence a trial vat leach and bulk sample program at its East Menzies Gold Project. The approval includes the Maranoa deposit, which will be pivotal in providing material for the upcoming VAT leach testing. Approximately 5,000 tonnes of ore will be processed with an expected diluted grade of approximately 4.6g/t Au. The first gold pour is anticipated within the next two months, marking a significant milestone for the company and its shareholders. The company aims to sustain production with a pipeline of projects, utilizing income to fund exploration activities and expand production. The geology at Maranoa presents promising features, and the company is optimistic about the potential of the East Menzies Gold Project.