REZ begins second milling campaign at Granny Venn

Hot on the heels of its first successful milling campaign at Granny Venn, Resources and Energy Group is starting its second round of gold processing at the Lakewood Mill.

Just a week after news that Resources and Energy Group (ASX:REZ) beat expectations in the first milling campaign at Granny Venn, the company is today starting its second campaign.

A total of 25,000 tonnes has been booked in and milling is expected to take 10 days, with about 18,000 tonnes already delivered to the mill, crushed and ready for processing.

Resource and Energy Group

REZ’s progress at Granny Venn means January is shaping up to be a highly productive month for the project, with between 40,000 and 50,000 tonnes of ore expected to be mined.

The Richard Poole-led company and BM Mining are also investigating options to enable recovery of previously unrecognised ore in the western highwall of the project, which is up to 50m long. Planning work is also underway to drill test the western extent of the ore body at the operation which is 130km north of Kalgoorlie.

REZ and BM Mining Services completed the milestone maiden gold pour at Granny Venn in late October after it restarted the first mining activity at the site in 23 years.

Granny Venn is within REZ’s flagship East Menzies Gold project which is a +100km2 package of contiguous mining, exploration and prospecting licenses, all located within a significant gold province.

BM Mining is part of the BM Geological Services (BMGS) group of companies that have been active in the mining industry in the Goldfields of Western Australia since 2003.

This article was developed in collaboration with Resources and Energy Group, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.