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Riedel Resources Limited ( (AU:RIE) ) has provided an update.
Riedel Resources has reported high-grade gold and silver assay results from its 2025 diamond drilling program at the Tintic deposit within the Kingman Gold Project in Arizona. The intercepts, including up to 71.9 grams per tonne gold and 169.9 grams per tonne silver at shallow depths of roughly 10 to 30 metres, confirm mineralisation in modelled positions and provide material for metallurgical testwork.
The results strengthen confidence in the existing geological model, confirming lode continuity and the association of gold with elevated silver, while acknowledging short-scale grade variability typical of nuggety systems. With much of the Kingman Project still underexplored and new soil geochemistry and trenching programs planned for the second half of the year, the announcement underscores the potential for resource growth and additional targets, which is significant for the project’s future development and investor interest.
The most recent analyst rating on (AU:RIE) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Riedel Resources Limited stock, see the AU:RIE Stock Forecast page.
More about Riedel Resources Limited
Riedel Resources Limited is an ASX-listed mineral exploration company focused on gold and silver, with its flagship Kingman Gold Project located in Mohave County, Arizona. The company targets shallow, high-grade oxide gold-silver mineralisation at the Tintic deposit and is also exploring the broader project area for epithermal Au-Ag systems and potential Cu-Mo porphyry targets.
Average Trading Volume: 428,600
Technical Sentiment Signal: Sell
Current Market Cap: A$8.56M
See more data about RIE stock on TipRanks’ Stock Analysis page.