Resolution Minerals advances Antimony Ridge metallurgy and U.S. processing plans

The latest announcement is out from Resolution Minerals Ltd. ( (AU:RML) ).

Resolution Minerals has produced a 99.38% antimony trioxide intermediate product from high-grade stibnite samples at its Antimony Ridge prospect within the Horse Heaven project in Idaho, using conventional pyrometallurgical processes. Complementary test work is progressing on ore concentration, hydrometallurgical processing options and site-based processing at the existing Johnson Creek Mill infrastructure, underpinning plans for a local antimony hub amid a shortage of U.S. processing capacity.

Recent 3D modelling indicates significant size and expansion potential for antimony-silver mineralisation at Antimony Ridge, supporting its selection for U.S. FAST-41 permitting coverage that is expected to accelerate approvals for extensive drilling and bulk sampling. The combination of advancing metallurgy, strategic processing plans and fast-tracked permitting strengthens Resolution’s positioning as a potential domestic supplier of antimony and tungsten to the U.S. market.

The most recent analyst rating on (AU:RML) stock is a Buy with a A$0.15 price target. To see the full list of analyst forecasts on Resolution Minerals Ltd. stock, see the AU:RML Stock Forecast page.

More about Resolution Minerals Ltd.

Resolution Minerals Ltd is an Australia-based exploration and development company focused on critical minerals projects, including antimony, tungsten, gold and silver. Its key asset is the Horse Heaven project in Idaho, U.S., where the company aims to build an integrated mine-to-product supply chain to support domestic U.S. demand for strategic metals used in defence, energy and industrial applications.

Average Trading Volume: 32,470,486

Technical Sentiment Signal: Hold

Current Market Cap: A$144.7M

For a thorough assessment of RML stock, go to TipRanks’ Stock Analysis page.