๐จ Resolution Minerals (ASX: RML)โโโDrilling Commenced at Horse Heaven Project
Resolution Minerals Ltd (ASX: RML) has commenced Phase 1 diamond drilling at the Horse Heaven Gold-Antimony-Tungsten-Silver Project inโฆ
๐จ Resolution Minerals (ASX: RML) โ Drilling Commenced at Horse Heaven Project
Resolution Minerals Ltd (ASX: RML) has commenced Phase 1 diamond drilling at the Horse Heaven Gold-Antimony-Tungsten-Silver Project in Idaho, USA ๐บ๐ธ, strategically located adjacent to Perpetua Resourcesโ (NASDAQ: PPTA, ~A$3B market cap) Stibnite Gold Mine.

๐น Drill Program โ Phase 1
- 3,000m of diamond core drilling planned across ~9 holes (avg. 300m depth) โ๏ธ
- Confirming historic drilling at Golden Gate and testing mineralisation at depth & along strike
- First-time systematic assays for antimony & tungsten
- Potential expansion to 6,000m
๐น Strategic Significance
- Historic production of antimony during WWI, WWII & Korean War ๐ก๏ธ
- U.S. has no current domestic antimony production, fully reliant on imports
- Horse Heaven positioned to become a strategic supply source of critical minerals
๐น Historic Drill Highlights
- 85.34m @ 0.94g/t Au (incl. 38.10m @ 1.46g/t Au)
- 105.16m @ 0.79g/t Au (incl. 51.82m @ 0.99g/t Au)
- 30.48m @ 1.35g/t Au
๐ Investor Outlook
With shares trading at A$0.062, Resolution Minerals offers investors early-stage exposure to a U.S.-strategic critical minerals project located beside a tier-one gold-antimony mine. Phase 1 drilling provides strong potential for resource expansion and first-time testing of antimony & tungsten mineralisation, positioning Horse Heaven as a future domestic U.S. supply source in markets where demand is rising and supply is constrained.
๐ฌ Craig Lindsay, CEO of U.S. Operations, added:
โDrilling is now underway. This is an important milestone for Resolution and we are pleased with progress. This would not be possible without the welcome support of the local town of Yellow Pine and the U.S. Forest Service as we move forward with developing the next source of critical metals to meet the United Statesโ growing domestic demand.โ
๐ Investor Note:
Phase 1 results will be closely monitored, with potential for program expansion and follow-up drilling at Antimony Ridge and other emerging targets.
Read More โ https://colitco.com/resolution-minerals-deal-snow-lake-horse-heaven/
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๐ข Disclaimer: This is not an investment advise, please do your own research for any investment decisions.
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- 2026-07-18 03:02:36