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Resolution Minerals Ltd (ASX:RML)

ALERT: Price-sensitive ASX Announcement for RML
Current share price for RML : $0.049 -0.004 (-7.55%)+
Announcement
Release
21 May 2026 9:02AM
Price at Release
$0.053
Full Release
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Summary
Resolution Minerals Ltd has announced significant progress in their 2026 drilling program at the Golden Gate project, which is part of the Horse Heaven Antimony-Tungsten-Gold-Silver Project in Idaho, USA. The first three drill holes have revealed promising indicators of gold and tungsten mineralisation, characterized by strong sulphide presence and intense alteration within granite formations. This drilling campaign aims to explore the scalability of the mineralisation both at Golden Gate North and South. With 763 meters drilled so far, the project is advancing efficiently, aided by the arrival of a second drill rig. This ongoing exploration is strategically positioned near Perpetua Resources' Stibnite Gold Project, enhancing the potential impact of discovered resources.
Key Points
  • Resolution Minerals Ltd reports progress on 2026 drill program
  • Initial drilling shows encouraging gold and tungsten mineralisation
  • 763 meters drilled across three holes south of Golden Gate South
  • Presence of sulphides and intense alteration in granite observed
  • Second drill rig deployed to accelerate drilling
  • Golden Gate project located near Stibnite Gold Project in Idaho
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.