- Resolution Minerals (RML) begins drilling at the Tourmaline Ridge Prospect within the 64North Project in Alaska
- Around 2200 metres of diamond drilling will be completed to test five targets along a one-kilometre strike
- The hole positions were determined after a ground truthing program and fall within a 1.8 kilometre by 750-metre gold-in-soil anomaly that encountered up to 118g/t gold
- Simultaneously, a regional exploration program is underway at the East Pogo claims to refine drill targets to drill ready status at the Miranda and Last Chance prospects
- Shares in Resolution are up 28.6 per cent and were trading at 0.9 cents at 1:54 pm AEST
Resolution Minerals (RML) has begun drilling at the Tourmaline Ridge prospect within the 64North project in Alaska.
Around 2200 metres of diamond drilling will be completed to test five targets along a one-kilometre strike.
The hole positions were determined after a ground truthing program and fall within a 1.8-kilometre by 750-metre gold-in-soil anomaly that encountered up to 118 grams per tonne (g/t) gold in rock chips.
Drilling is expected to take roughly six weeks with results to be announced in due course.
Simultaneously, a regional exploration program is underway at the East Pogo claims to refine targets to drill ready status at the Miranda and Last Chance prospects.
“We are thrilled to have commenced drilling on the standout Tourmaline Ridge gold target after months of hard work targeting, planning and preparing to execute the program,” Interim CEO and Exploration Manager Christine Lawley said.
“Recent field reconnaissance has validated the planned five-hole, 2200 metre diamond drilling program. Ground truthing of drill collars continues to support our geological model for hanging wall gold mineralisation positioned above a ‘Pogo-style’ gold system.
“The ground truthing has allowed us to further refine our drill hole design, which will cover a one-kilometre strike and 600-metre change in elevation across the targeted dilational Pogo-style shear, beneath the 1800 metre by 750-metre gold-in-soil anomaly.”
Shares in Resolution were up 28.6 per cent and were trading at 0.9 cents at 1:54 pm AEST.