REZ Shallow High-Grade Results Intersected at Gigante Grande

REZ-resources-and-energy-group-Barclay-Pearce-Capital-2-1

Resources & Energy Group Limited (ASX: REZ) is an independent, ASX-listed mineral resources explorer, with projects located in premier mining jurisdictions in Western Australia and Queensland.

The company is excited to announce it has received partial drill results from the January 2021 drilling program, including 21EMRC001, 21EmRC002 and 21EMRC003. Additional drill results will be available within a week.

Highlights:

  • Shallow high-grade results received from hole 21EMRC001; additional drill results due within a week.
  • Peak results of
    • 1m @ 9.36g/t from 14m
    • 1m @ 11.02g/t from 63m within 4m @ 6.17g/t from 61m.
    • 3m @ 4.7g/t form 68m
  • 33m of gold mineralisation from11m to 74m including zones of 17m @ 2.79g/t Au rom 57m, 8m @ 1.66g/t from 11m, 6m @ 0.77g/t au from 32m.
  • Gigante Grande strike length has now been extended to 1.4km with mineralisation ranging from depths of 11m to 200m depth.
  • Step out drilling has commenced to test resource extents to the north and south of the currently drilled prospect.

Borehole Location Plan Showing Significant Intervals of Gold MineralisationBorehole Location plan Showing Significant Intervals of Gold Mineralisation-recent results highlighted.

 

Exploration work continues to unveil significant intervals of gold mineralisation at Gigante Grande with the shallowest intersections to date being reported. The January program was designed to drill test a combination of NW and NE trending structure interpreted from geophysics.

Download the full announcement here.

To be involved with the REZ Roadshow, please register your interest in below and our Client Account Executive, Jamie Fitzpatrick will be in touch soon with the details.