Resolution Minerals (RML) Q1 2027 TU earnings summary
Event summary combining transcript, slides, and related documents.
Q1 2027 TU earnings summary
29 Oct, 2026Executive summary
Completed 42 diamond holes totalling 12,236m at Golden Gate; results extended gold mineralisation at Golden Gate South and North, while further 2026 assays remain pending.
Began Nasdaq trading on 9 September; the listing broadened U.S. investor access and involved no capital raising.
Financial highlights
Cash and cash equivalents were A$1.637m at 30 September 2026, down from A$10.343m at the prior quarter end.
September-quarter operating cash outflow was A$2.382m; exploration and evaluation cash outflow was A$6.341m.
Exploration activity expenditure was A$6.34m, primarily for Horse Heaven drilling and technical consultants.
Outlook and guidance
Near-term priorities include processing 2026 drill results, permitting planned 2027 programs at Antimony Ridge and Golden Gate, and advancing tungsten stockpile processing plans and metallurgical testing.
Reduced exploration expenditure is expected next quarter following completion of the drilling program.
Latest events from Resolution Minerals
- Idaho gold, antimony and tungsten platform advances toward assays, resource definition and processing.RML
Investor presentation - Horse Heaven pairs critical metals with a growing gold corridor and near-term catalysts.RML
Conference - 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