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Resolution Minerals Ltd (ASX:RML)

ALERT: Price-sensitive ASX Announcement for RML
Current share price for RML : $0.045 -0.02 (-30.77%)+
Announcement
Release
15 May 2026 9:03AM
Price at Release
$0.065
Full Release
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Summary
Resolution Minerals Ltd has commenced a drilling program at their Golden Gate site, targeting tungsten and gold mineralization. The program involves using an MP1500 diamond core drill rig as part of a large-scale 2026 drilling initiative spanning up to 13,700 meters across 45 holes. The aim is to define the scale and extent of gold and tungsten mineralization, especially around previous mine workings, and to explore a broad tungsten anomaly. Initial metallurgy test work on composite drill core samples indicates high gold recoveries, with leaching gold-bearing oxide samples achieving 94-95% recovery rates and floating gold-bearing sulfide samples achieving 86-88% recovery rates. Further optimization of the process is ongoing, with additional site visits conducted by board members and investors to Resolution's Horse Heaven Antimony-Tungsten-Gold-Silver Project in Idaho, USA.
Key Points
  • Drill program underway targeting tungsten and gold at Golden Gate.
  • Use of MP1500 diamond core drill rig for up to 13,700 meters of drilling.
  • High gold recoveries from initial metallurgy test work.
  • Leaching gold-bearing oxide samples achieved 94-95% recovery.
  • Floating gold-bearing sulfide samples achieved 86-88% recovery.
  • Further optimization of the metallurgical process is ongoing.
  • Site visits by board members and investors to the Horse Heaven Project.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.