Kilinux

Main Menu

  • Home
  • Development agency
  • Major application
  • Sweden project
  • Swedish economy
  • Swedish international

Kilinux

Header Banner

Kilinux

  • Home
  • Development agency
  • Major application
  • Sweden project
  • Swedish economy
  • Swedish international
Sweden project
Home›Sweden project›Riedel Resources (ASX:RIE) completes drilling program at Kingman – The Market Herald

Riedel Resources (ASX:RIE) completes drilling program at Kingman – The Market Herald

By Suk Bouffard
April 21, 2022
0
0

Subscribe

Be the first with news that moves the market

  • Riedel Resources (RIE) completes reverse circulation (RC) drilling program at its Kingman gold project in Arizona on time and on budget
  • The program followed previous RC drilling in the Tintic Mine area, which confirmed high-grade gold and silver intersections near surface.
  • He drilled 37 holes, for 2286 meters, with typical downhole depths between 25 and 110 meters
  • Samples have been submitted to the lab and results are expected in June
  • Shares are trading down 7.69% today at 1.2 cents each

Riedel Resources (RIE) completed its reverse circulation (RC) drilling program at its Kingman gold project in Arizona on time and on budget.

The program followed previous RC drilling in the Tintic mine area, which confirmed high-grade gold and silver intersections near surface.

He drilled 37 holes, for 2286 meters, with typical downhole depths between 25 and 110 meters.

Samples have been submitted to the lab and results are expected in June.

“Based on drill results to date, Tintic appears to host shallow, high-grade gold and silver mineralization,” said Chairman Michael Bohm.

“This is a very exciting project and, given the grades and depths observed during drilling, a project that
potentially lends itself to the rapid advancement of the project.

“We expect to receive all assay results from our latest program by the end of June, subject to lab turnaround times.”

The shares were trading down 7.69% today to 1.2 cents apiece at market close.

Related posts:

  1. Spain vs Poland UEFA EURO 2020 preview: where to watch, team news, predictions
  2. 10 things you didn’t know about Sofia Mattsson
  3. Join the hydrogen initiative with leading players to enable the rolling / milling of steel without fossil fuels
  4. Sweden supports the use of batteries and shore power to reduce emissions

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021

Categories

  • Development agency
  • Major application
  • Sweden project
  • Swedish economy
  • Swedish international

Recent Posts

  • What documents are required for a mortgage loan application?
  • Netflix orders a day and a half of Chernobyl fares – Briefs – Deadline
  • ZBA Greenlights Union St. Hotel | Columbia County
  • NATO chief hails ‘historic moment’ as Finland and Sweden apply
  • Governor Newsom announces appointments 5.17.22
  • Privacy Policy
  • Terms and Conditions