Australia's Riedel Resources climbs on gold and silver find at Arizona project

Riedel Resources

17/11/2021 03:46

** Shares of Riedel Resources Ltd  RIE.AX  rise as much as
17.7% to A$0.02, hitting their highest since Oct 20 
    ** The gold and copper explorer says it has received
additional high-grade gold and silver assay results from surface
sampling at its Kingman Project in north-west Arizona, United
States  urn:newsml:reuters.com:*:nASX3jt344
    ** Co says it received several additional elevated lead and
zinc results from the surface sampling programme 
    ** Adds first Kingman project reverse circulation drill
results are expected later this month 
    ** Stock posts its biggest intraday percentage gain since
Oct 14
    ** Around 2 mln shares change hands, compared with the
30-day average volume of 816,040 shares 
    ** Stock down 15% this year, as of last close

 (Reporting by Roushni Nair in Bangalore.)
 ((Roushni.Nair@thomsonreuters.com))