• Noel Ong

Exploration in the Land of the Giants - Riedel Resources Limited (ASX:RIE)


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 contained on this website is the writer’s personal opinion and is provided to you for information only and is not intended to or nor will it create/induce the creation of any binding legal relations. 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.


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