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An update from Riedel Resources Limited ( (AU:RIE) ) is now available.
Riedel Resources Limited has initiated a new phase of exploration at its Kingman Gold Project in Arizona by contracting Energold Drilling Corp for a 1,100m diamond drill program. This drilling effort aims to extend known high-grade gold and silver mineralization, test additional targets, and obtain metallurgical samples to support future resource growth and development. The project is strategically positioned in a historically underexplored area, and the company is focused on building momentum towards development by enhancing its resource base and conducting further technical studies.
More about Riedel Resources Limited
Riedel Resources Limited is a company operating in the mining industry, focusing on the exploration and development of gold and silver resources. The company is particularly active in the Kingman Gold Project located in north-west Arizona, USA, where it aims to expand its high-grade mineral resource base.
Average Trading Volume: 296,354
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$4.85M
For detailed information about RIE stock, go to TipRanks’ Stock Analysis page.