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Riedel Resources Expands Gold Portfolio with Major WA Acquisition and $2.5M Capital Raise

10:14am on Tuesday 21st of April, 2026 AEST Mining
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Riedel Resources Expands Gold Portfolio with Major WA Acquisition and $2.5M Capital Raise

10:14am on Tuesday 21st of April, 2026 AEST
Key Points
  • Acquisition of Cosmo and Mt Venn projects adds ~1,000km² in prolific Laverton Gold District
  • Transaction complements existing Kingman Gold Project in Arizona, USA
  • Concurrent A$2.5 million equity placement boosts cash to approximately A$4 million
  • Drilling at Cosmo planned to start July 2026 following heritage clearances
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