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6 stories mentioning ASX:RMLUpdated 28d ago

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Asia

Resolution Minerals Finds Potential Gold, Tungsten Mineralization at Idaho Prospect

Resolution Minerals (ASX:RML) found potential gold and tungsten mineralization in the first three holes of the current drill program at the Golden Gate South prospect within its Horse Heaven project in Idaho, according to a Thursday filing with the Australian bourse.Drilling completed a total of 763 meters to date, with the three holes showing "highly encouraging" sulfide mineralization linked to intense alteration of granite, together with interpreted large-scale shearing, brecciation, and areas of intense veining, the filing said.A second drill rig is expected to start drilling next week to fast-track the program, per the filing.Shares rose 2% in morning trade on Thursday.

ASX:RML
Asia

Resolution Minerals Starts Drilling Campaign at Idaho Prospect; Shares Down 6%

Resolution Minerals (ASX:RML) started the drilling campaign for the year at the Golden Gate prospect, within the Horse Heaven project in Idaho, targeting tungsten and gold mineralization, according to a Friday filing with the Australian bourse.The program, which includes about 13,700 meters of diamond core drilling, is designed to define the scale and extent of gold mineralization at Golden Gate and Golden Gate South, and identify the extent of tungsten mineralization around previous mine workings and explore a broad tungsten anomaly, the filing said.Shares fell 6% in midday trade on Friday.

ASX:RML
Asia

Resolution Minerals Reports High Grade of Antimony Recoveries on Idaho Project Samples

Resolution Minerals (ASX:RML) reported high rates of antimony recoveries in sulfides during concentrate test work on samples from the Antimony Ridge project in Idaho, according to a Wednesday filing with the Australian bourse.The high sulfide recoveries were achieved from lower grade samples containing about 10% antimony, suggesting potential to capture stibnite, even if high-grade ore is diluted by surrounding waste during extraction, the filing said.Further concentration stages are underway in test work on samples from the project, per the filing.Shares fell nearly 2% in midday trade Wednesday.

ASX:RML
Asia

Resolution Minerals Produces Tungsten Trioxide Concentrates Via Preliminary Gravity Separation Test Work, Shares Up 4%

Resolution Minerals (ASX:RML) produced concentrates of 52.3% tungsten trioxide via preliminary gravity separation test work on tungsten composite samples, assaying 1.85% grade of tungsten trioxide, from stockpiles at the Johnson Creek mill site, sourced from the historical mining at the Golden Gate tungsten mine in Idaho, according to a Tuesday Australian bourse filing.Heavy liquid separation scoping tests on the tungsten composite samples achieved a grade of 52.3% of tungsten trioxide with a recovery of 75.5%.Its shares rose 4% in recent trading on Tuesday.

ASX:RML
Asia

Resolution Minerals Secures Commitments for AU$20 Million Placement; Shares Down 6%

Resolution Minerals (ASX:RML) secured commitments to raise about AU$20 million before costs through a dual-tranche placement at a price of AU$0.07 per share, according to a Thursday filing with the Australian bourse.The company will issue about 285.7 million new shares under the placement, which is cornerstoned by Tribeca Investment Partners and L1 Capital Global Opportunities Master Fund, per the filing.The proceeds will be used to accelerate drilling, metallurgical test work and permitting activities across the Horse Heaven Project in Idaho, the company said.Resolution Minerals is nearing a Nasdaq listing in a move that will expand US investor access and improve its market liquidity, per the filing.Its Australian shares were down 6% in recent Thursday trade.

ASX:RML
Asia

Resolution Minerals Says Metallurgy Test Work on Idaho Project Sample Produces Intermediate Antimony Trioxide Product, Shares Up 6%

Resolution Minerals (ASX:RML) said metallurgy test work is progressing on antimony-bearing stibnite veins at the Antimony Ridge project in Idaho, and an intermediate antimony trioxide product was produced from large samples of stibnite by Kingston Process Metallurgy, according to a Tuesday Australian bourse filing.The product was made using the conventional pyrometallurgical process of volatilization, and it had a 99.38% antimony trioxide content by weight. Further refining pyrometallurgical test work is underway.Its shares jumped 6% in recent trading on Tuesday.

ASX:RML

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