Resolution Minerals Ltd. ( (AU:RML) ) has issued an announcement.
Resolution Minerals Ltd has announced the completion of a LiDAR interpretation report for its Drake East Antimony-Gold Project, identifying 791 mine workings including pits, shafts, and adits. These findings align with historical gold and antimony prospects in the area, although they are not compliant with the 2012 JORC Code. The report highlights the potential of the region’s antimony-gold mineral field, which includes high-grade mineralization and a concentration of placer gold mine workings. The company plans to expedite further fieldwork to explore these prospects, potentially impacting its operational strategy and market positioning.
More about Resolution Minerals Ltd.
Resolution Minerals Ltd is an exploration company focused on antimony and gold, operating primarily in the Drake East project area in New South Wales, Australia. The company is engaged in identifying and developing high-grade mineral resources, with a particular emphasis on antimony-gold mineralization.
YTD Price Performance: -16.67%
Average Trading Volume: 2,769,451
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$4.72M
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