Resolution Minerals (RML) Q2 2025 TU earnings summary
Event summary combining transcript, slides, and related documents.
Q2 2025 TU earnings summary
12 Jun, 2026Executive summary
Continued review of exploration tenure and expenditure to maintain tenements in good standing.
Sent George Silica Sands Project samples for analysis and reviewed projects for potential divestment or acquisition.
Sold Allegra Nickel Project in Alaska for $25,000, with completion in January 2025.
Financial highlights
Cash balance at 31 December 2024 was $229k.
Raised $240k via share placement and completed a 1:8 securities consolidation.
Spent $71k on exploration activities, mainly for tenement rentals and technical consultants.
Net cash used in operating activities for the quarter was $(13)k; investing activities $(36)k; financing activities provided $196k.
Estimated 2.7 quarters of funding available based on current cash and outgoings.
Outlook and guidance
Ongoing assessment of project divestment and acquisition opportunities.
Continued focus on maintaining tenements and advancing exploration projects.
Latest events from Resolution Minerals
- Net loss reduced to $1.67M, but going concern risk remains amid ongoing exploration and low cash.RML
H2 202412 Jun 2026 - Strong project potential identified; $239k cash supports 2.5 quarters of operations.RML
Q4 2024 TU12 Jun 2026 - Cash runway under two quarters; fundraising planned to support ongoing exploration.RML
Q1 2025 TU12 Jun 2026 - Net loss surged to $3.93M on asset impairment, with going concern dependent on new funding.RML
H1 202512 Jun 2026 - Raised $1.55M, acquired new projects, and ended quarter with $998k cash and 1.6 quarters funding.RML
Q3 2025 TU12 Jun 2026 - Horse Heaven acquisition and U.S. expansion drive critical minerals growth, funding secured.RML
Q4 2025 TU12 Jun 2026 - $22.4 million net loss driven by impairments; focus shifts to critical minerals amid going concern risk.RML
H2 202512 Jun 2026 - Horse Heaven advances as a major U.S. critical minerals project with robust funding and exploration success.RML
Q1 2026 TU12 Jun 2026 - Major gold discovery and U.S. asset acquisitions drive transition to developer status.RML
Q2 2026 TU12 Jun 2026