On today's Rooster Talk 42, Michael Bohm, Executive Chairman of Riedel Resources Limited (ASX:RIE) talks about the prospectivity of the Kingman Gold project.
The company has just raised AUD1.8M and is aiming to step up the drilling within the Tintic prospect. The aim is to put some more colour onto the previous drilling program. As successful as it was to the market, Riedel Resources is aiming to better understand what degree of mineralisation exists and how it relates to the geophysical evidence.
Michael Bohm shares with us what the company is currently thinking about all the drilling results and piecing together the next phase of drilling that will create more clarity in an evolving mineralised system.
Chapters:
00:00 Start
00:10 Introduction
00:36 Michael´s new announcement
01:43 The Mineral Fertility of the Kingman Project
03:24 Michael responds to my thoughts on the project
05:43 Potential of a Hybrid Porphyry / VMS System
07:16 Why Arizona is the place to be
09:05 The real importance of the presence of a Porphyry
09:44 The mineralised nature of the Kingman Gold Project
10:56 Geophysics shows a mineralised structure in place
11:56 What could the project become?
13:36 Polymetallic Mineralisation
13:38 News Flow
16:48 Upcoming drilling will add more structure to the story
18:34 Existing mineralisation is exciting
19:29 Conclusion
PODCAST
About Michael Bohm
Executive Chairman
BAppSc (Mining Engineering)
Appointed: 12 December 2020
Mr. Bohm is a qualified mining professional with extensive Corporate & Operations experience. Michael has extensive minerals industry experience in Australia, South East Asia, Africa, Chile, Canada and Europe.
A graduate of WA School of Mines, Michael has worked as a mining engineer, mine manager, study manager, project manager, project director and managing director and has been directly involved in a number of mine developments in the gold, nickel and diamond sectors.
Michael is a current Director of a number of ASX-listed companies and sits on their Audit & Risk and Remuneration Committees.
Michael has had previous directorships at Argyle Diamonds Mines, Sally Malay Mining Limited and Ashton Mining of Canada.
About Riedel Resources
Riedel Resources (ASX:RIE) is an ASX-listed mineral exploration company earning into an advanced high-grade gold exploration project in north-west Arizona.
The Kingman Project comprises approximately 200 contiguous mining claims located approximately 30km from the town of Kingman Arizona.
The area was mined for high-grade gold and silver from the 1880’s to the early 1940’s and since then very little modern exploration has ever been carried out on the property.
The Riedel board has extensive experience in minerals and mineral exploration in Australia, the US and Canada, amongst others.
Kingman Gold Project
The Kingman Gold Project is located near Kingman Arizona and only 90 minutes drive from downtown Las Vegas.
The project was mined for high-grade gold and silver from the 1880s until the early 1940s which coincided with the outbreak of WWII.
Following drilling in the 1990s, 11 diamond holes were drilled on the property in late 2019 and which intersected multiple zones of high-grade gold, silver and lead from shallow depths and confirmed the extensive mineralisation potential of the area.
Riedel plans to aggressively drill and explore the project area during 2021.
Disclaimer
The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer.
VMS (Volcanogenic Massive Sulfide) Deposits Explained
In simple terms, Volcanic-associated Massive Sulphide (VMS) deposits are caused by underground metal-rich volcanoes rising and creating a cooking environment.
I suggest you download this eBook which explains the VMS and How to Add Value to your Share Portfolio
A lesson on geological models sought by mining companies that gives insight and an understanding of which portfolios are better - and potentially more lucrative – investments. Click here to download this eBook.
If you find this article informative and useful, please help me share the information. I try and write about topics that are interesting and have the potential to be of investment value. It is not easy to find stories that fit those parameters. If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me on noel.ong@samso.com.au.