- Resolution Minerals (RML) has entered a trading halt prior to a share purchase plan and share placement
- Most recently, Resolution has been focusing on its 64North Gold Project in Alaska
- Drilling is already underway at the Aurora prospect which has similar features to Northern Star Resources’ 10 million ounce Pogo Gold Mine
- Whether or not the upcoming share purchase plan and share placement will support these drilling programs is not yet certain
- Company shares last traded for 7.8 cents each on July 15
Resolution Minerals (RML) has entered a trading halt prior to a share purchase plan and share placement.
Most recently, Resolution has been focusing on its 64North Gold Project in Alaska.
The gold explorer is conducting drilling and electromagnetic (EM) surveying across its tenements to define prospects and identify priority targets.
Drilling is already underway at the Aurora prospect, with a planned four to six holes for at least 2200 metres.
Aurora has comparable features to Northern Star Resources’ 10 million-ounce Pogo Gold Mine and its own Goodpaster prospect.
Whether or not the upcoming share purchase plan and share placement will support these drilling programs is not yet certain.
Company shares last traded for 7.8 cents each on July 15.