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Riedel Resources: Completes drill program at Kingman

Riedel Resources Completes drill program at Kingman

  • Riedel Resources (RIE) completes its reverse circulation (RC) drill program at its Kingman gold project in Arizona on time and on budget
  • The program followed up previous RC drilling in the Tintic mine area, which confirmed high-grade gold and silver intersections close to the surface
  • It drilled 37 holes, for 2286 metres, with typical downhole depths ranging between 25 and 110 metres
  • Samples have been submitted to the laboratory and results are expected in June
  • Shares are trading 7.69 per cent lower today at 1.2 cents each
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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