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Resources & Energy Group sampling identifies gold drill targets at Menzies

Sampling has identified a 1.2x0.5-kilometre gold-in-soil anomaly at the Robbie’s Reward Prospect, drilling is planned for next quarter.

Resources & Energy Group Ltd - Resources & Energy Group sampling identifies gold drill targets at Menzies
Rock chips taken from the anomaly area graded up to 17.2 g/t gold

Resources & Energy Group Ltd (ASX:REZ) has identified a 1.2 kilometre by 500-metre gold-in-soil anomaly at the Northern Zone within its Menzies Gold Project in Western Australia.

Soil geochemistry assays graded up to 1080ppb and rock chips taken within the area assayed up to 17.2 g/t gold.

The anomaly sits within the Springfield-Venn Corridor, which also hosts several historic high-grade mines.

Further geological assessment and geochemical sampling is planned, which will be followed by drilling in the coming quarter.

Results show the exploration potential within Menzies

REZ’s CEO Christian Price said: “These results are very strong, both in terms of their grade and the extensive area they cover.

“When they are combined with the exceptionally high grades of the historic pits mined nearby, the huge potential of the Menzies Project is clear.

“Some of the most outstanding grades in the Menzies region have come from this area, including reported grades of 22.25 g/t at the New Start prospect and 98.5 g/t at the Cock Robin prospect.

“We look forward to progressing the targets in this zone and increasing the scope and scale of the entire Menzies Project.”

Gold sampled throughout Northern Zone

The map below shows the Northern Zone of the Menzies Project and the various rock chip sample locations and gold-in-soil locations.

The aforementioned anomaly area can be seen towards the middle of the map, surrounded by yellow, red and orange lines which represent the gold-in-soil sample grades. 

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