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Resolution Minerals Ltd. ( (AU:RML) ) just unveiled an update.
Resolution Minerals Ltd, an ASX-listed company, has entered into a binding agreement to acquire the Horse Heaven Antimony-Gold-Silver-Tungsten Project in the historical Stibnite Mining District of Idaho, USA. This strategic acquisition positions Resolution Minerals alongside the NASDAQ-listed Perpetua Resources Corp’s Stibnite Gold Mine, which is expected to become the largest antimony producer in the USA. The Horse Heaven Project, with its promising mineralized corridors and historical production, is seen as a transformative opportunity for Resolution Minerals, especially as global demand for critical minerals like antimony and tungsten increases. The acquisition is timely, given the rising prices of these minerals and supportive pro-mining policies in the USA, potentially enhancing the company’s market positioning and stakeholder value.
More about Resolution Minerals Ltd.
Average Trading Volume: 5,095,758
Technical Sentiment Signal: Sell
Current Market Cap: A$9.46M
For a thorough assessment of RML stock, go to TipRanks’ Stock Analysis page.
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