Join our daily newsletter At The Bell to receive exclusive market insights
The Golden Gate project in Idaho has been granted coverage under the U.S. Federal FAST-41 permitting program, Resolution Minerals (ASX:RML) heralded today, which lets the explorer speed up permitting for exploration and development through “enhanced inter-agency coordination and federal oversight.”
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.
This is the second “FAST-41” status Resolution has landed in the States, after its Antimony Ridge project was given the designation in April this year.
Both Resolution projects are within the company’s 15,000-acre Horse Heaven project, a site strategically positioned for the production of antimony, tungsten, and gold. The U.S. Forest Service plans to permit both under a single National Environmental Policy Act process to further streamline development.
“We are very pleased that Golden Gate has been selected for FAST-41 Transparency Coverage. We now have two separate development targets within the Horse Heaven Project under the FAST-41 program,” Resolution’s CEO for U.S. Operations, Craig Lindsay, told shareholders this morning.
“I am not aware of any other critical metals company with two FAST-41 projects, which I believe is a mark of the potential importance of Horse Heaven… achieving its goal of developing supplies of both antimony and tungsten.
“With exploration, processing infrastructure, and multiple development pathways coming together at Horse Heaven, we believe [we are] uniquely positioned to capitalise on strong demand for antimony, tungsten, and gold.”
The FAST-41 program Resolution has been focusing on was established to improve the efficiency and transparency of federal permitting for projects.
Inclusion allows for public tracking of permitting timelines via the Federal Permitting Dashboard, a feature expected to increase visibility for investors and assist in engagement with potential strategic U.S. partners.
Golden Gate encompasses the past-producing Golden Gate mine, which operated between 1952 and 1980 with reported tungsten grades ranging from 1.5% to 2%. Resolution recently submitted a Plan of Operations, which includes provisions for new roads, up to 340 drill holes, and 2,000 feet of trenching.
RML is down -2% this morning, to 4.6cps.
Join the discussion. See what HotCopper users are saying about Resolution Minerals Ltd and be part of the conversations that move the markets.
Disclaimer: This content has been prepared as part of a partnership with Resolution Minerals Ltd and is intended for informational purposes only.
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.
-1200x645-380x200.jpg)
-1200x645-380x200.jpg)