tiprankstipranks

Resolution Minerals Advances Exploration at Drake East with LiDAR Findings

Story Highlights
Resolution Minerals Advances Exploration at Drake East with LiDAR Findings

Confident Investing Starts Here:

Resolution Minerals Ltd. ( (AU:RML) ) has provided an announcement.

Resolution Minerals Ltd announced the receipt of a final LiDAR data interpretation report for its Drake East Antimony-Gold Project in New South Wales, Australia. The report identified 791 mine workings, including pits, shafts, and adits, which align with historical gold and antimony prospects in the area. This development is significant for the company as it plans to expedite fieldwork, including geological mapping and geochemical sampling, to further explore these findings. The announcement highlights the potential for high-grade mineralization, which could enhance the company’s industry positioning and offer promising implications for stakeholders.

More about Resolution Minerals Ltd.

Resolution Minerals Ltd is an exploration company focused on antimony-gold projects, primarily operating in the mining industry. The company engages in identifying and developing mineral resources, with a market focus on high-grade antimony, gold, and silver mineralization.

YTD Price Performance: -16.67%

Average Trading Volume: 3,150,349

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$4.21M

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

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App