Riedel Resources Limited ( ($AU:RIE) ) just unveiled an announcement.
Riedel Resources Limited has increased its stake in the Kingman Project, a high-grade gold and silver mining project in Arizona, to 90%. The company has completed a cultural survey and is exploring toll treatment opportunities for the Tintic Deposit, which contains significant gold and silver resources. These developments mark significant progress in Riedel’s expansion and operational strategy, potentially enhancing its market position in the mining sector.
More about Riedel Resources Limited
Riedel Resources Limited is a company operating in the mining industry, focusing primarily on exploring and developing high-grade gold and silver projects. The company is actively engaged in projects located in North America, particularly in Arizona, USA.
YTD Price Performance: -3.23%
Average Trading Volume: 86,988
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$1.67M
For detailed information about RIE stock, go to TipRanks’ Stock Analysis page.
