Resources & Energy Group (ASX:REZ) commenced a targeted reverse circulation drilling program at its Good Enough prospect, situated within the East Menzies Gold Project in Western Australia.
The latest exploration phase follows a significant resource upgrade announced in late March 2026, which saw the Good Enough deposit bolstered to 1.36 million tonnes at 1.40 g/t Au, representing approximately 61,200 ounces of gold.
The current program is designed to build upon this momentum, with approximately 1,000 metres of drilling planned to test potential extensions of known mineralisation and provide critical infill data to refine the existing resource model.
The deployment of the RC rig marks a pivotal step in the company’s strategy to unlock the full value of its Western Australian assets.
By focusing on both lateral and depth extensions, REZ aims to identify high-grade zones that could further enhance the project's economic viability.
Operations are currently underway on-site, with the technical team monitoring progress as the drill bit reaches into the gold-bearing structures of the Menzies region.
At the time of reporting, Resources & Energy Group’s share price was $0.012.