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Resolution Minerals (RML) investor relations material
Resolution Minerals Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Project and geology
15,000-acre Idaho project with a 100% interest; Antimony Ridge targets antimony and Golden Gate targets gold and tungsten, adjacent to Perpetua Resources’ Stibnite project.
Management describes Horse Heaven as an intrusion-related system with the same geology as Stibnite; the area historically produced tungsten and antimony.
Stibnite road upgrades benefit access; a planned transmission line will cross Horse Heaven to serve Stibnite.
Antimony development
Antimony Ridge has high-grade veins averaging 30%-50%, up to 2 ft thick, along historic trenches; the target spans 1,000 m, is about 700 m wide, and has over 250 m of vertical elevation.
Permitting is underway for 50 drill sites, with drilling planned for next season; management says the sites could support 250 holes to test the veins laterally and at depth.
Stockwork between veins carries 0.5%-2% antimony; a surface sample graded 49% antimony and 1,420 g/t silver.
About 35 tons of high-grade material collected from open pits will support hydrometallurgical testing and a pilot plant; a hub-and-spoke processing model is under development.
Gold and tungsten
Golden Gate South returned 305 m at 0.64 g/t gold from surface; drilling is testing whether North and South connect along a 2 km+ fault-zone corridor, 400-700 m wide and over 1,000 ft vertically.
The latest three reported holes included gold veins grading 7 g/t and 14 g/t; management views these as potential feeder structures requiring further drilling.
Golden Gate historically produced tungsten intermittently at 1.5%-2% from the 1950s to 1980; scheelite indications at South support further tungsten testing, with results expected.
Johnson Creek holds 2,000 tons of stockpiles averaging ~1.8% tungsten, plus an estimated 4,000 tons by the old mine portal; discussions are underway on third-party processing for potential near-term cash flow.
- Drilling confirms a large, high-grade gold system with near-term tungsten production potential.RML
JMM Gold Forum 2026 - Horse Heaven acquisition drove major exploration, funding, and a sharp increase in net loss.RML
H2 2026 - FAST-41 status, $20M placement, and strong recoveries drive U.S. critical minerals strategy.RML
Q4 2026 TU - Net loss reduced to $1.67M, but going concern risk remains amid ongoing exploration and low cash.RML
H2 2024 - Strong project potential identified; $239k cash supports 2.5 quarters of operations.RML
Q4 2024 TU - Cash runway under two quarters; fundraising planned to support ongoing exploration.RML
Q1 2025 TU - Quarter-end cash of $229k and recent capital raise provide 2.7 quarters of funding.RML
Q2 2025 TU - Net loss surged to $3.93M on asset impairment, with going concern dependent on new funding.RML
H1 2025 - Raised $1.55M, acquired new projects, and ended quarter with $998k cash and 1.6 quarters funding.RML
Q3 2025 TU
Next Resolution Minerals earnings date
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