Australia's Riedel Resources gains most in 15 months on U.S. gold find

Riedel Resources

15/07/2022 01:52

** Shares of mineral exploration company Riedel Resources
 RIE.AX  rise as much as 40% to A$0.007, set for their best day
since March 23, 2021
    ** RIE says it received gold and silver assays from Kingman
Gold project in U.S.  urn:newsml:reuters.com:*:nASX7LZY2Z
    ** Mineralisation was identified at 18 holes at the Tintic
zone; very few holes failed to intersect, says co
    ** Over 2.4 million shares change hands, compared with the
30-day average volume of about 1.7 million shares
    ** Stock has fallen about 62% this year, as of last close

    

 (Reporting by Anan Ashraf in Bengaluru)
 ((Anan.Ashraf@thomsonreuters.com;))