Riedel Resources Launches 1,100m Drill Program to Expand Kingman Gold Project
Riedel Resources has contracted Energold Drilling Corp to undertake a 1,100m diamond drilling campaign at its Kingman Gold Project in Arizona, aiming to extend high-grade gold and silver mineralisation and support metallurgical testing.
- Contract signed with Energold Drilling for 1,100m diamond drilling
- Drilling targets extensions of high-grade gold and silver at Tintic Deposit
- Program includes testing new targets like Silver Fox and collecting metallurgical samples
- Tintic Deposit hosts a shallow, high-grade resource open for expansion
- Mobilisation scheduled for mid-November 2025
Drilling Program Initiation
Riedel Resources Limited (ASX, RIE) has taken a significant step forward in advancing its Kingman Gold Project in north-west Arizona by engaging Energold Drilling Corp to conduct a diamond drilling program totaling approximately 1,100 metres. The program, set to commence mobilisation in mid to late November 2025, will comprise around 30 drill holes designed to deepen understanding of the project's mineral potential.
Focus on High-Grade Extensions and New Targets
The drilling campaign is strategically aimed at extending known zones of high-grade gold and silver mineralisation, particularly around the Tintic Deposit. This deposit already boasts a JORC-compliant resource of nearly half a million tonnes grading 4.0 grams per tonne gold and 43.9 grams per tonne silver, equating to 64,000 ounces of gold and 689,000 ounces of silver. The resource is notably shallow, lying within 40 metres of surface, which supports potential open-pit mining methods.
In addition to infill drilling to better define the resource, the program will test promising new targets such as the Silver Fox area, where previous drilling returned significant silver grades. This dual focus on resource expansion and exploration underscores Riedel's ambition to unlock further value from the project.
Metallurgical Sampling and Development Pathway
Beyond resource delineation, the drilling will also provide critical metallurgical samples to advance heap leach testwork. This work is essential for assessing the economic viability of extracting gold and silver from the oxide mineralisation, which is typically amenable to cost-effective processing methods. The metallurgical data will inform future development decisions and potentially accelerate the pathway to production.
Strategic Importance and Outlook
Riedel's Chairman, Scott Cuomo, highlighted the significance of this drilling phase as a milestone in transforming Kingman from a historically underexplored mining area into a project with a robust, high-grade resource base. The company aims to build momentum through this program by targeting resource growth and generating technical data to support development plans.
With the resource open in multiple directions and promising early results, the Kingman Gold Project remains an intriguing prospect for investors watching for growth in the gold exploration sector.
Bottom Line?
As drilling progresses, investors will keenly await assay results and metallurgical insights that could redefine Kingman's development trajectory.
Questions in the middle?
- Will the drilling confirm significant extensions to the high-grade Tintic Deposit?
- How will metallurgical test results impact the project's processing strategy and economics?
- What new discoveries might emerge from the Silver Fox and other high-priority targets?
