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Resolution Minerals Ltd. ( (AU:RML) ) has shared an update.
Resolution Minerals Ltd has received final drilling permits from the US Forest Service for its Horse Heaven Project in Idaho, USA, and plans to commence drilling in August 2025. The project, located near the Stibnite Gold Mine, aims to explore high-priority targets for antimony, gold, and tungsten. The initial Phase 1 drill program will focus on the Golden Gate target area, with up to 20 drill holes planned. This development marks the first new drilling at the site in over thirty years, potentially expanding known mineralization and identifying new resources, which could significantly impact the company’s operations and contribute to the US’s domestic supply of critical metals.
More about Resolution Minerals Ltd.
Resolution Minerals Ltd (ASX: RML) operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in projects targeting valuable minerals such as antimony, gold, and tungsten, with a market focus on meeting the growing demand for domestic supplies of critical metals in the United States.
Average Trading Volume: 23,431,360
Technical Sentiment Signal: Sell
Current Market Cap: A$32.91M
See more insights into RML stock on TipRanks’ Stock Analysis page.