Resolution Minerals advances multi-commodity Horse Heaven project with high-grade results and new funding

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

Resolution Minerals reported a strong March quarter, advancing its Horse Heaven Project in Idaho with high-grade antimony, silver and gold assays at Antimony Ridge confirming a large polymetallic system. At the Golden Gate target, drilling intersected extensive gold and tungsten mineralisation, including holes ending in mineralisation and a new 1.5km gold discovery at Golden Gate South, underscoring the scale and multi-commodity potential of the system.

The company completed the acquisition of the Johnson Creek tungsten and antimony mill, including stockpiles grading 1.85% WO3, bolstering its pathway to domestic U.S. critical minerals production. It also prepared a substantial Phase 2 drilling campaign of up to 13,700m at Golden Gate toward a maiden resource, progressed NASDAQ listing arrangements, and secured A$20m in post-quarter funding to accelerate drilling, metallurgy and permitting at Horse Heaven, strengthening its financial and strategic position.

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 Australian-listed exploration company focused on developing its 100% owned Horse Heaven Project in Idaho, U.S., targeting a multi-commodity mix of gold, antimony, tungsten and silver. The company is positioning itself as a U.S.-based critical minerals platform, supported by exploration, metallurgical test work and newly acquired processing infrastructure.

Average Trading Volume: 32,786,272

Technical Sentiment Signal: Buy

Current Market Cap: A$144.7M

For detailed information about RML stock, go to TipRanks’ Stock Analysis page.