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Riedel reaches the drilling phase after building a three-project gold portfolio

4:37pm on Friday 30th of October, 2026 AEDT • Mining
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Riedel reaches the drilling phase after building a three-project gold portfolio

4:37pm on Friday 30th of October, 2026 AEDT
Key Points
  • Maiden Cosmo reconnaissance drilling scheduled for late October
  • 1,100-sample soil program underway across 580km² of ground
  • A$3.4 million cash balance after A$2.7 million equity raise
  • Sarama Resources holds an initial stake of about 32%
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