REZ Group Receives Approval for Full-Scale Gold Production Expansion
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Resources & Energy Group Limited (AU:REZ) has received approval for full-scale gold production at the Maranoa Deposit, transitioning from a small-scale trial. The expansion includes eight new vat leach cells with a capacity of 40,000 tonnes, expected to boost gold output significantly. This positive cash flow will support further exploration at the East Menzies gold project, marking a growth phase for the company. Current market cap is A$14.95M with an average trading volume of 722,904.
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