Imminent NASDAQ listing and A$20M placement signal global ambitions for Resolution Minerals

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Imminent NASDAQ listing and A$20M placement signal global ambitions for Resolution Minerals
Imminent NASDAQ listing and A$20M placement signal global ambitions for Resolution Minerals
Brie Carter
Written by Brie Carter
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Resolution Minerals Ltd (ASX: RML; OTCQB: RLMLF) reported a strong March 2026 quarter, advancing its Horse Heaven Project in Idaho, USA.

The period included high‑grade results from Antimony Ridge, where assays reached 48.7% Sb and 890 g/t Ag, supporting the interpretation of a large polymetallic system.

Drilling at Golden Gate outlined gold‑tungsten mineralisation over approximately 1.5km of strike that remains open at depth, while the acquisition of the Johnson Creek Mill added processing infrastructure and historical stockpiles, with a composite sample grading 1.85% WO₃.

On the corporate side, Resolution has lodged registration documents for a proposed NASDAQ listing and completed an institutionally led A$20 million placement to fund ongoing work programs.

These funds, together with a cash balance of A$8.17 million at 31 March 2026, will support a Phase 2 drilling program of up to 13,700m at Golden Gate commencing in May 2026, targeting extensions to mineralisation and a maiden Mineral Resource Estimate in early 2027.

The project has also been accepted into the U.S. Federal FAST‑41 permitting program, and metallurgical testwork has produced high‑purity antimony trioxide, while the sale of the 64North Project for US$1.5 million has allowed the company to concentrate on its Idaho assets.

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