Riedel Resources Limited announced the appointment of David Groombridge as its Chief Executive Officer (CEO) as it continues to advance its
Kingman Gold Project in Arizona, USA. Mr. 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 for the 1.6Moz Au Eq. Ravensthorpe Gold Project in WA. Mr. Groombridge's commencement date in the role will be 15 March 2023. The material terms and conditions of Mr. Groombridge's Executive Services Agreement are set out at the end of this announcement.