Resources & Energy Group has intersected high-grade gold mineralisation at the Maranoa project within its flagship East Menzies Gold Project in Western Australia, returning 2 metres at 15.84 g/t gold from 57 metres downhole in hole 26MRC042.

The July 2026 reverse circulation program comprised nine slimline holes for a total advancement of 614 metres to test beneath and along strike from historic workings at a nominal spacing of 10 by 20 metres.

Additional significant intercepts include 4 metres at 10.38 g/t gold from 81 metres in hole 26MRC051, and 2 metres at 3.25 g/t gold from 73 metres in hole 26MRC050. Seven holes were angled beneath historic workings, two were drilled vertically, three intersected historic mining stopes, and assays are pending for two holes.

“These high-grade intercepts from grade control drilling at Maranoa are an excellent early result, confirming the continuity of mineralisation beneath and along strike from the historic workings.” — J. Daniel Moore, Managing Director

The drilling was completed on Mining Lease M29/427, subject to a tribute mining and production joint venture with Rembrandt Mining Pty Ltd, while Resources & Energy Group retains 100% ownership.

Following these results, the reverse circulation rig has been remobilised to execute an extended program of approximately 1,200 to 1,500 metres of further grade control drilling to the south. Meanwhile, geological mapping is underway across the broader Maranoa belt to define additional targets.

“With the RC rig now remobilised to site, we are moving quickly to follow up these results with an extended program to the south along the line of workings. We look forward to updating shareholders as further assay results and drilling outcomes become available.” — J. Daniel Moore, Managing Director

Geological mapping and assessment continue across the broader Maranoa belt to generate further drill targets as the company advances its exploration pipeline.

Read the full announcement: High Grade Intercepts Reported - Maranoa Gold Project