Riedel Resources Limited announced that four additional RC drill holes, drilled at the Tintic mine area at the tail-end of the Company's recently completed drill program, have extended high-grade gold and silver mineralisation at its Kingman Project in Arizona, USA. The additional four holes were drilled as the site geological team interpreted that the mineralization extended further than originally indicated and warranted further testing. After inspecting the drill chips from the extra holes, Riedel sent the samples for `rush' assay.

Results from holes 2022-CHL-095 and 2022-CHL-095A are from an area approximately 50m west of hole 2021-CHL-048, which intersected 2.3m at 6.19g/t Au and 149g/t Ag from 21.3m within a broader mineralised zone of 6.9m at 2.84g/t Au and 82g/t Ag from 18.3m downhole. As previously reported, the mineralisation at Tintic appears to be contained within shallow, flat-dipping veins which comprise of varying amounts of quartz, clay and sulphide mineralisation. There are also indications of a stacked lode/sill complex in the drilling and assay results.

The shallow depth of the intersected mineralisation, including the significant gold and silver grades seen in drilling, lends itself to the future potential for open-pit mining methods. The project was mined predominantly for high-grade gold and silver from the 1880s until the early 1940s - which coincided with the outbreak of WWII. Following limited drilling near Tintic in the 1990s, 11 diamond holes were drilled on the property in late 2019 which intersected multiple zones of high-grade gold, silver and lead from shallow depths, confirming the extensive mineralisation potential of the area.

During 2021, Riedel completed 9,420m of RC drilling (104 holes) over several historic mine areas on the property, including at Tintic, Merrimac, Arizona Magma and Jim's. This drilling returned numerous high-grade gold and silver assay results including 3.8m at 98.9g/t gold and 151g/t silver from 20.6m at Tintic. In addition, it confirmed a 1.8km long exploration target associated with the historic Jim's mine to host significant gold, silver, zinc and lead mineralisation as shallow as 1.5m below surface. The Kingman Project has seen minimal modern exploration.

Riedel's recent RC drill program completed in April 2022 was its third at Kingman, where it is looking to acquire up to an 80% interest in via its December 2020 Agreement with Flagstaff Minerals Limited and Flagstaff Minerals (USA) Inc.