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Resolution Minerals (ASX:RML) to resume drilling at 64North, Alaska

Mining
ASX:RML      MCAP $3.22M
01 June 2020 13:15 (AEST)

Following the spring thaw, Resolution Minerals (RML) will resume drilling at its 64North Project in Alaska.

The 64North Project lies within the Tintina gold province in Alaska which hosts more than 100 million ounces in gold.

The project surrounds Northern Star’s Pogo Mine which currently produces 300,000 ounces per year.

This new drilling program follows results from last month that confirmed mineralisation similar to that at Pogo.

The drill rig is currently being mobilised to the site and is expected to arrive on June 2. The Aurora Prospect will be the focus.

Aurora is a large-scale, high priority which hosts similar rocks, surface geochemistry and a geophysical signature to that of Pogo.

The minimum 2200 metre diamond core drilling program will continue throughout June and July.

Once completed, Resolution will conduct geophysical surveys at the Echo and West Pogo prospects to outline new drill targets.

This work will allow the company to undertake drilling programs in August.

Results from this new diamond drilling program will be released once available.

Resolution is up 6.56 per cent and shares are trading for 6.5 cents each at 12:27 pm AEST.

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