SYDNEY, AUSTRALIA: Riedel Resources Limited (ASX:RIE) announced the appointment of David Groombridge as its Chief Executive Officer (CEO) as it continues to advance its Kingman Gold Project in Arizona, USA.

David Groombridge is a seasoned mineral resources professional, with 20 years’ experience in mining and exploration projects, particularly in gold dominant polymetallic orebodies.

He has significant experience in building and managing strong technical teams through exploration, resource definition, feasibility studies and permitting phases. Most recently, he has led exploration and development activities at Medallion Metals (ASX: MM8) for the 1.6Moz Au Eq. Ravensthorpe Gold Project in WA.

Riedel Chairman Michael Bohm stated: “I am very pleased to announce the appointment of Mr David Groombridge as our Chief Executive Officer. 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.

“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.”

Riedel incoming Chief Executive Officer, David Groombridge, commented: “Projects such as the Kingman Gold Project are a rare find these days. Such projects would typically have been explored, drilled and developed in the 1980s in areas such as the Goldfields of Western Australia. To see Riedel reporting such high gold grades from shallow depths at the Tintic zone is exciting for me.

“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. I am also excited by the opportunity to unlock the significant value that I believe exists across the wider Kingman project area.”