Resolution Minerals Ltd (ASX: RML; OTCQB: RLMLF) (“Resolution” or “The Company”) has delivered another wave of promising results from its maiden drilling campaign at the Golden Gate Prospect within the Horse Heaven Gold-Antimony-Tungsten-Silver Project in Idaho, USA. The newest assays confirm broad, continuous gold mineralisation close to surface, reinforcing the potential emergence of a significant intrusion-related gold system (IRGS) across a strike length that could stretch several kilometres.
Figure 1: Map showing the Horse Heaven Project with the Golden Gate and Antimony Ridge targets, plus the nearby fully permitted Stibnite Gold Project located 6 km to the east, using UTM coordinates.
The announcement comes at an opportune time given the strong performance of gold globally. The current gold price is US$4,223.74 per ounce, recording a daily rise of +4.62 (+0.11%). Over longer periods, gold continues its upward momentum, rising +5.44% in 30 days, +25.86% in six months, +59.50% year-on-year, and a remarkable +738.77% over the past two decades. This sustained market strength complements Resolution’s exploration success and aligns with increasing investor appetite for quality gold discoveries.
Figure 2: Sharp hike in gold price in the last 1 year [Goldprice]
Broad Gold Intersections Strengthen Geological Confidence
Resolution has now reported assays from six diamond drill holes at Golden Gate North, each intersecting gold from surface and many ending in mineralisation. The new results from holes HH-GG25-004C, HH-GG25-005C and HH-GG25-007C further validate the scale and continuity of the mineralised system.
Key Intercepts:
- HH-GG25-004C
• 240.8m @ 0.64 g/t gold from surface (open at depth)
– 61.6m @ 0.98 g/t gold from 40.5m
– 35.8m @ 0.83 g/t gold from 119.5m - HH-GG25-005C
• 283.5m @ 0.36 g/t gold from surface (open)
– 4.7m @ 1.18 g/t from 10.1m
– 42.5m @ 0.72 g/t from 65.7m
– 4.2m @ 1.14 g/t from 131.1m
– 4.9m @ 0.76 g/t from 176.8m - HH-GG25-007C
• 207.2m @ 0.42 g/t gold from surface
– 4.45m @ 1.18 g/t from 50.7m
– 3.7m @ 2.65 g/t from 176.5m
Earlier standout results from HH-GG25-003C included 253.0m @ 1.50 g/t gold from surface, ending in mineralisation, with high-grade intervals such as 18.3m @ 3.98 g/t. The highest assay recorded so far is 5.91 g/t over 1.5m.
These consistent, long intercepts over a 600-metre strike length strongly support the interpretation of a large, robust IRGS similar to major deposits in both the US and Australia.
A Growing Intrusion-Related Gold System
Geological observations across the holes reveal a strong correlation between gold mineralisation and:
- disseminated pyrite and arsenopyrite
- quartz-pyrite-arsenopyrite veining
- altered monzonite, quartz-monzonite and granodiorite host rocks
- fault-related brecciation and multiple structural conduits
The IRGS model is reinforced by the continuity of mineralisation across different rock types, including deeper mafic breccias in HH-GG25-005C. This suggests the mineralising fluids permeated both intrusive and sedimentary units, expanding the system’s potential footprint.
Craig Lindsay, RML’s CEO of US Operations, stated: “These latest results materially advance our understanding of Golden Gate. We now have six diamond core holes, all returning broad, continuous gold mineralisation at or near surface and several of them end in mineralisation. Together they define a large intrusion-related gold system of at least 600m of strike that is open along strike, the east and at depth.”
He continued: “It should be noted that the initial six holes reported cover only 600m of the total 3.0km strike length of Golden Gate. Further, these first six holes reported comprise only a small portion of the 57 holes that are planned to be drilled at Golden Gate.”
These results validate Resolution’s targeted exploration strategy and highlight the scale potential of Golden Gate as drilling progresses south and deeper into the system.
Assay Results Extend Mineralisation at Depth
Results from HH-GG25-001C, updated with lower-hole assays, now confirm 197.5m @ 1.26 g/t gold from 34.0m, with the hole ending in mineralisation. This reinforces the open-ended nature of the system at depth, a key characteristic of IRGS deposits globally.
Five of the six reported holes ended in mineralisation, indicating the mineralised system continues downward and laterally. With historical data pointing to potential extension of a further ~750m to the north, the prospect’s ultimate strike length could exceed 3 kilometres.
Strategic Infrastructure Positioning Enhances Development Outlook
Resolution’s acquisition of a 25-acre processing and infrastructure site immediately adjacent to Horse Heaven strengthens the Project’s development optionality. The site’s location is only 6km from the fully permitted Stibnite Gold Project, presents a unique district-scale processing and logistical advantage.
Craig Lindsay emphasised the strategic importance: “Golden Gate sits only 6km from the fully-permitted Stibnite Gold Project and alongside the processing site we are in the process of acquiring. That combination of scale potential, district infrastructure and a clear path to downstream processing, gives us confidence that Horse Heaven can grow into a significant multi-commodity project for Resolution and its shareholders.”
This proximity could significantly reduce future capital costs and accelerate pathways to production in a region supportive of mining development.
Pending Results and Aggressive 2026 Drilling Program
Resolution has completed ten diamond drill holes and multiple RC holes as part of its Phase 1 program. Assays for the remaining four diamond holes, including HH-GG25-006C and three from the southern Golden Gate area, are expected over the coming months.
Austin Zinsser, RML’s Lead Geologist, commented: “The additional drill results from Golden Gate North, especially the step out hole to the south, demonstrate extension of the system well beyond historical drilling, and support the definition of a significant intrusion related gold system with multiple similarities to those at Perpetua’s Stibnite Gold Project.”
In 2026, the Company plans to complete approximately 45 additional holes, bringing the total program to 57 holes (~13,700 metres) to test the entire 3.0km strike length of Golden Gate.
Market Performance and Sector Strength
Resolution Minerals (ASX: RML) continues to show strong market performance:
- Last traded price: $0.0645
- 1-week change: +2.38%
- 2025 YTD: +437.50%
- 1-year: +303.13%
- Market cap: $120.8 million
The Company has outperformed both its sector (+284.42%) and the ASX 200 (+301.52%) over the past year.
Combined with rising gold prices and growing interest in secure metal supply chains, Resolution is well-positioned in a favourable commodity environment.
Investors Outlook
The continued release of broad, consistent gold intercepts across Golden Gate North presents a compelling exploration narrative. With all six reported diamond holes intersecting gold from surface and most ending in mineralisation the system clearly demonstrates size, strength, and scalability.
The IRGS model, similarities to nearby Stibnite, expanding strike length, and strategic processing infrastructure underscore the Project’s long-term development potential. As the 2026 drilling program advances and more assays arrive, investors can expect steady news flow, growing geological clarity, and potential for future resource definition.
Given strong gold market performance, Resolution Minerals appears well-placed for continued value growth as its flagship Horse Heaven Project evolves into a district-scale opportunity.
