Australia's Resources & Energy rises on gold find in Granny Venn project

Resources & Energy

30/11/2021 04:15

** Shares of gold explorer Resources & Energy Group Ltd
 REZ.AX  rise as much as 11.11% to A$0.05, on track for their
biggest intraday pct gain since Nov 9 
    ** Co receives successful results from its first Granny Venn
gold milling campaign that started in Oct at Menzies Shire,
Western Australia  urn:newsml:reuters.com:*:nASX7ZLrT0
    ** Says a total of 24,459 tonnes of ore were milled in the
campaign, resulting in recovery of 1,766 oz of gold 
    ** Adds that as of Nov. 29, total of 17,000 tonnes of ore
has been delivered to Lakewood in Australia, with second
campaign of 25,000 tonnes set to start later in December 
    ** Stock down 4.6% this year, as of last close

 (Reporting by Roushni Nair in Bangalore)
 ((Roushni.Nair@thomsonreuters.com))