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The latest update is out from Resolution Minerals Ltd. ( (AU:RML) ).
Resolution Minerals has reported a major gold discovery at the Golden Gate North Prospect within its Horse Heaven Project, with all diamond core holes intersecting significant gold mineralisation over long intervals and the deposit remaining open in all directions. During the quarter, the company also advanced its critical minerals strategy by securing an agreement to acquire private land hosting historical tungsten and antimony infrastructure, engaging multiple specialist metallurgical groups, appointing a Chief Metallurgist, and bringing in Tribeca Capital as a corporate adviser, marking a pivotal shift from explorer to developer at a time of record gold prices and rising strategic interest in US critical minerals.
The most recent analyst rating on (AU:RML) stock is a Sell with a A$0.06 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 Australia-based resources company transitioning from a critical minerals explorer to a developer, with a primary focus on its multi-commodity Horse Heaven Project in the United States. The project targets gold as well as critical minerals such as antimony and tungsten, positioning the company at the intersection of US critical minerals policy, private capital inflows and national defence priorities.
Average Trading Volume: 33,081,357
Technical Sentiment Signal: Sell
Current Market Cap: A$123.2M
See more insights into RML stock on TipRanks’ Stock Analysis page.