Afternoon trading October 20, page-18

REZ its a hold

REZ has hit bonanza-grade gold paydirt in a historic Western Australian goldfield that is fast proving to be “one of Australia’s best and most overlooked exploration target areas”.Initial reverse circulation drilling at Resources & Energy Group’s (ASX:REZ) Gigante Grande prospect, part of the East Menzies project, has delivered a peak high-grade hit of 1m at 76.4 grams per tonne (g/t) from a 66m mineralised zone starting at just 71m.That intercept also included a hit of 20m at 5g/t from 116m.