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Resources and Energy Group (ASX:REZ) -
Source: Resources and Energy Group
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  • Resources & Energy Group (REZ) commences toll milling campaign for Granny Venn Open Cut Gold Mine in WA
  • The initial metallurgical performance of the ore is highly encouraging, with unreconciled head grade of the mill feed calculated to be 3.12 grams per tonne
  • Over the past month, the company has been progressively hauling run-of-mine ore to Lakewood for crushing and preparation
  • The operational plan for the first milling campaign includes 25,500 tonnes of ore which has been recovered from the Granny Venn Ramp and Granny Venn North Cutbacks
  • On market close, REZ was up 8.89 per cent and is trading at 4.9 cents per share

Resources & Energy Group (REZ) has commenced a toll milling campaign for Granny Venn Open Cut Gold Mine in Western Australia.

Toll milling includes providing custom milling, mixing and blending services, plus other processing manufacturing processes.

The initial metallurgical performance of the ore is highly encouraging, with unreconciled head grade of the mill feed calculated to be 3.12 grams per tonne (g/t). This exceeds the forecasted head grade of 2.14g/t.

Over the past month, the company has been progressively hauling run-of-mine ore to Lakewood for crushing and preparation.

The operational plan for the first milling campaign includes 25,500 tonnes of ore which has been recovered from the Granny Venn Ramp and Granny Venn North Cutbacks.

The milling campaign is being supervised by JT Metallurgical Services, with an independent metallurgist also attending.

Notably, the first gold pour is expected to take place early next week, and it includes a combination of gold recovered from elution and gravity circuits.

Granny Venn is located within REZ’s Menzies Gold Project, located around 130 kilometres north of Kalgoorlie.

On market close, REZ was up 8.89 per cent and is trading at 4.9 cents per share.

REZ by the numbers
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