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- Riedel Resources (RIE) appoints David Groombridge as its new Chief Executive Officer to further advance its Kingman gold project in Arizona
- Mr Groombridge has 20 years of experience in mining and exploration projects, particularly in gold projects
- Most recently, he led exploration and development activities at Medallion Metals’ (MM8) Ravensthorpe gold project in Western Australia
- Mr Groombridge says projects such as Kingman are a “rare find” these days, and he is excited by the opportunity to unlock its value
- Riedal shares are trading at 0.8 cents at 2:53 pm AEDT
Riedel Resources (RIE) has appointed David Groombridge as its new Chief Executive Officer in a bid to further advance its Kingman gold project in Arizona.
Mr Groombridge has 20 years of experience in mining and exploration projects, particularly in gold projects.
Most recently, he led exploration and development activities at Medallion Metals’ (M88) 1.6-million-ounce Ravensthorpe gold project in Western Australia.
Riedel said Mr Groombridge had significant experience in building and managing strong technical teams through exploration, resource definition, feasibility studies and permitting phases.
Chairman Michael Bohm said Mr Groombridge was the “perfect fit” to help advance Kingman moving forward.
“David’s excellent skill set is a perfect fit for Riedel as we look to build momentum and advance our very high-grade Kingman Gold Project in Arizona,” Mr Bohm said.
“The Kingman project continues to deliver exceptional high-grade gold and silver results from very shallow depths, and David has the skills and experience we seek to advance the project through the mineral resource and permitting phases as we look to move toward a development decision point.”
A masters-qualified geologist, Mr Groombridge has extensive technical and management experience both within Australia and internationally.
Mr Groombridge said projects such as Kingman were a “rare find” these days, and he was excited by the opportunity to unlock its value.
“To see Riedel reporting such high gold grades from shallow depths at the Tintic zone is
exciting for me,” Mr Groombridge said.
“I am looking forward to working with the team to build on the Tintic results at Kingman as we drive the project toward a mineral resource and a future development decision.”
Mr Groombridge will assume his role as CEO on March 15, 2023.
Riedal shares were trading at 0.8 cents at 2:53 pm AEDT.
