• Riedel Resources (RIE) appoints David Groombridge as new Chief Executive Officer to further advance the Kingman gold project in Arizona.
• Mr. Groombridge has 20 years of experience in mining and exploration projects, especially gold projects.
• Most recently, he led exploration and development activities at Medallion Metals (MM8)’s Raventhorpe Gold Project in Western Australia.
• Groombridge says projects like Kingman are “rare finds” these days and he’s excited about the opportunity to unlock their value.
• Riedal shares trade at 0.8 cents at 2:53 pm AEDT

Riedel Resources (RIE) has appointed David Groombridge as the new Chief Executive Officer (CEO) to further advance the Kingman gold project in Arizona.

Mr. Groombridge has 20 years of experience in mining and exploration projects, especially gold projects.

Most recently, he led exploration and development activities at Medallion Metals (M88)’s 1.6 million ounce Ravenshorpe gold project in Western Australia.

Riedel said Groombridge has significant experience in building and managing strong technical teams throughout the exploration, resource definition, feasibility studies and permitting phases.

Chairman Michael Bohm said Mr Groombridge was “perfectly fit” to help Kingman move forward.

“David’s strong skill set is a perfect fit for RIEDEL as we want to build momentum in Arizona and move forward with our very high-grade Kingman Gold project,” said Bohm.

“The Kingman Project continues to deliver exceptional high-grade gold and silver results from very shallow depths, and David will continue to focus on the mineral resources and We have the skills and experience to move the project through the permitting phase.”

A master’s degree geologist, Mr Groombridge has extensive technical and management experience in Australia and internationally.

Groombridge said projects like Kingman are “rare finds” these days and he’s excited about the opportunity to unlock their value.

“To see Riedel reporting such high gold grades from shallow depths in the Tintic Zone is
It’s exciting for me,” Gloombridge said.

“We look forward to working with the team on the results of Tintic at Kingman as they advance the project towards mineral resources and future development decisions.”

Groombridge will become CEO on March 15, 2023.

Riedal shares were trading at 0.8 cents at 2:53 pm AEDT.