Resolution Minerals (ASX:RML) is building support for a maiden resource at its Horse Heaven gold project in Idaho, with a cornerstone 13,700-metre, 45-hole diamond drilling program it says will “define” the dig.
Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.
Disclaimer: This content has been prepared as part of a partnership with Resolution Minerals Ltd and is intended for informational purposes only.
“It’s clear the Golden Gate hosts a large, continuous gold mineralised system, with all holes intersecting mineralisation and remaining open at depth,” the explorer’s CEO of U.S. operations, Craig Lindsay, said today.
“The upcoming program is designed to define the size and shape of the system and to advance Golden Gate towards a maiden JORC-compliant estimate.”
The CY26 program represents a significant expansion over Resolution’s first-phase play, which extended some 10,000 feet across 14 holes. While somewhat smaller, Phase One did set the stage for Horse Heaven’s next exploration.
The company’s now bringing in two MP1500 core diamond drill rigs to further define the deposit’s geometry and test the scale of the larger system.
Major goals for Resolution in Phase Two include testing strike extensions between the North and South zones, investigating the system below current drilling limits, and targeting any associated tungsten mineralisation.
“Importantly, that mineralisation remains open in multiple directions,” Mr Lindsay said, adding there’s an excitement in the air at Resolution. “We are only beginning to understand the full scale of the Golden Gate system.”
Thanks to the weather being okay in Idaho right now, the company expects to start drilling in early May. The Market Link understands it will then run through to mid-August. Evolve Exploration Inc. is helming the works.
Should everything go to early plans, Resolution will start building a maiden Mineral Resource Estimate to be shared in first quarter CY27. That will be run simultaneously to bulk sampling plans at the nearby Antimony Ridge, where Resolution has also been conducting metallurgical tests recently.
RML opened today at 50cps; it’s down -2% to lunchtime.
Join the discussion: See what HotCopper users are saying about Resolution Minerals Ltd and be part of the conversations that move the markets.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.
