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Resolution Minerals Ltd. ( (AU:RML) ) has provided an announcement.
Resolution Minerals is advancing the tungsten component of its Horse Heaven Gold-Antimony-Tungsten-Silver Project in Idaho by fast-tracking work at the historic Golden Gate Tungsten Mine and associated stockpiles. The company has appointed veteran geologist David R. Hembree, who previously served as mine geologist at Golden Gate, to lead analysis of historical data, fieldwork, a new drill program scheduled for June 2026, and metallurgical testing of existing tungsten stockpiles, while simultaneously finalising due diligence on the acquisition of the nearby Johnson Creek Mill and its estimated 2,000 tonnes of tungsten ore. By combining historic production knowledge, new exploration tools and ownership of both the mine area and processing infrastructure, Resolution aims to define additional tungsten resources along the Golden Gate Fault and across Horse Heaven at a time when tungsten prices are at record highs, enhancing the project’s potential value and reinforcing the company’s exposure to a critical mineral in strong demand from defense, clean energy and high-tech industries.
The most recent analyst rating on (AU:RML) stock is a Hold with a A$0.07 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 ASX- and OTCQB-listed exploration and development company focused on precious and critical metals, including gold, antimony, tungsten and silver. Its flagship 100%-owned Horse Heaven Project in Idaho, USA, spans approximately 59 square kilometres in the Boise National Forest and sits adjacent to Perpetua Resources’ fully permitted multibillion-dollar Stibnite Gold Project, positioning the company within a strategically important North American critical minerals district.
Average Trading Volume: 41,625,295
Technical Sentiment Signal: Hold
Current Market Cap: A$155.5M
See more insights into RML stock on TipRanks’ Stock Analysis page.