Resources & Energy Group Limited (ASX:REZ)

ALERT: Price-sensitive ASX Announcement for REZ

Current share price for REZ : $0.011 -0.007 (-38.89%)⁺

Announcement

Quarterly Activities/Appendix 5B Cash Flow Report

Release

31 Oct 2025 6:59PM

Price at Release

$0.018

Full Release

Summary

Resources & Energy Group Limited (ASX: REZ) provided a Quarterly Activities and Cash Flow Report for the period ending 30 September 2025. During this quarter, the company obtained approval from the Department of Mines, Petroleum and Energy (DMPE) to transition to full-scale vat leach gold production at the Maranoa Deposit, significantly increasing its operational capacity. The company also established a Maiden JORC Inferred Mineral Resource at the Gigante Grande prospect, confirming 1.39 million tonnes at 0.91 grams per tonne gold, equating to 40,700 ounces. Financially, the company ended the quarter with $1.05 million in cash, having completed a $1.1 million capital raise and settling a $900,000 sale of Mount Mackenzie. These funds are aimed at supporting ongoing exploration and operational activities at the East Menzies Gold Project, which continues to be a strategic focus for the company.

Key Points

Approval for full-scale vat leach gold production at Maranoa Deposit.
Maiden Inferred Mineral Resource at Gigante Grande: 1.39Mt @ 0.91g/t Au for 40,700 oz.
End-of-quarter cash balance: $1.05 million after capital raise and asset sale.
Ongoing exploration and production initiatives at East Menzies Gold Project.
Strategic focus on expanding mineral resources and production capabilities.

IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.