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
- Golden Gate gold zones expanded as planned exploration relies on additional funding.RML
Q1 2027 TU - 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