Resolution Minerals Ltd (RML) – Thoughts on the Golden Gate Drilling Program


Monday, September 14, 2026

Mark Reichman, Managing Director, Equity Research Analyst, Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Golden Gate 2026 drilling program. Resolution has completed its planned 2026 Golden Gate drilling program at the Horse Heaven Project in Idaho, completing 42 diamond core holes totaling 12,236 meters. The program, the largest exploration campaign undertaken at Horse Heaven, was designed to define the scale and extent of both gold and tungsten mineralization across Golden Gate North and the recently established Golden Gate South discovery. Core logging is complete, and final samples are being sent to the laboratory for analysis, leaving assay results from 39 of the 42 holes as the principal near-term catalyst.

Early results suggest a potentially large gold system. Results from the first three 2026 holes extended gold mineralization at least 2,000 meters south of Golden Gate North and established Golden Gate South as a new discovery. The strongest 2026 result reported to date was 305.7 meters grading 0.64 g/t gold from surface in Hole HH-GG26-003C, while the 2025 program returned higher-grade intervals including 189.2 meters at 1.30 g/t gold and 253 meters at 1.5 g/t gold. Along with a broad gold-in-soil anomaly between the two areas, the results provide increasing evidence that Golden Gate may represent a considerably larger mineralized system than initially recognized.


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Release – Drill Program Successfully Completed at Horse Heaven Antimony-Tungsten-Gold-Silver Project- Idaho USA

Research News and Market Data on RML

FORTY-TWO DIAMOND CORE DRILL HOLES COMPLETED AT GOLDEN GATE. MAJOR DRILL PROGRAM OVER 12,200M TARGETED EXTENSIONS OF GOLD AND TUNGSTEN MINERALISATION

HIGHLIGHTS

  • Forty-Two drill holes completed at Horse Heaven’s Golden Gate Prospect: 42 diamond core holes have been drilled for 12,236m (40,144 ft) successfully completing the planned 2026 drill program at Golden Gate, part of the Horse Heaven Project. The average hole depth is approximately 290m.
  • Assay results pending on 39 holes: Assay results pending for gold and tungsten from 39 drillholes, with results to be reported over coming months as they are received.
  • Wide intercepts of gold mineralisation previously reported: Gold mineralisation has been previously reported from Golden Gate from the first three holes of the 2026 drill program and the 2025 program, including:
    • Best gold intercept this year to date: 305.7 metres @ 0.64 g/t gold (Au) from surface in HH-GG26-003C, including 17.25m @ 1.19g/t Au from 264.85m (ASX announcement 24 August 2026).
    • Best gold intercepts in last year’s drill program were: 189.2m @ 1.30 g/t Au from 34.1m, in HH-GG25-001C, including 70.8m @ 2.24 g/t Au from 128.8m and 253m @ 1.5 g/t Au in HH-GG25-003C (ASX announcements 2 December 2025 & 18 March 2026).
  • Major extension to gold mineralisation previously reported at Golden Gate South: Results from the first three holes released to date this year have extended gold mineralisation at least 2,000 metres south of Golden Gate North, confirming “discovery status” at Golden Gate South (see ASX announcement 24 August 2026).
  • Target tungsten mineralisation: The drilling program was also designed to identify the extent of tungsten mineralisation around previous mine workings at the historical Golden Gate Tungsten mine and explore a broad tungsten anomaly in soil samples at Golden Gate South. Known scheelite occurrences in early drillholes were identified visually using a shortwave ultraviolet light (see ASX announcement 1 July 2026 and 13 July 2026).
  • Core logging and sample dispatch: All the drilled core has been logged and the final drill hole samples will be dispatched for multi-element analysis within the coming week.
  • NASDAQ trading successful: RML has been well-received by the US market, as demonstrated by the stock achieving its highest-ever value traded on its first day trading on NASDAQ (9 September 2026). RML.NAS is trading as an ADR (200:1), which has boosted the Company’s visibility and exposure to U.S. investors, institutions and U.S. government organisations and personnel. This elevated presence in the U.S. is expected to benefit RML as it develops Horse Heaven into a potential supplier of American-made tungsten and antimony and aims to provide critical metal supply chain security to the U.S. Administration.

Resolution Minerals Ltd (ASX: RML; NASDAQ: RML) (“Resolution” or the “Company”) is pleased to report that a total of forty two (42) diamond core holes have been completed at the Golden Gate North and Golden Gate South Prospects, for a total of 12,236m (40,144 ft) to finish the planned 2026 drill program at the Horse Heaven antimony-tungsten-gold-silver project (“Horse Heaven”), Idaho, USA (Figure 1).

Core logging is complete, recording geology, alteration and mineralisation. All drill metres have been logged (and photographed) by Company geologists or full-time contractors, including inspection by UV light to identify scheelite, a tungsten ore-mineral.

Craig Lindsay, Resolution’s CEO of US Operations, stated: “I am exceedingly pleased to announce the completion of all the planned drillholes at Golden Gate. We await gold and tungsten assay results from the drillhole samples with anticipation. The 2026 drill program marks the largest exploration program ever conducted at Horse Heaven. I thank the team and the drillers for this accomplishment. This work marks a major step forward in the development of the project.”

Golden Gate is located within Resolution’s Horse Heaven Antimony-Tungsten-Gold-Silver Project in Idaho, USA, and immediately adjacent to Perpetua Resources’ Stibnite Gold Project, a large, recently permitted Antimony-Gold project. Both Golden Gate and Antimony Ridge have been selected for FAST-41 Transparency Coverage from the US Permitting Council, accelerating the permitting timelines for an ongoing permitting program at both prospects and the entire Horse Heaven project.

Wide intercepts of gold mineralisation, previously reported, with higher grade zones:

Gold mineralisation has been identified in all three previously reported diamond core drill holes with assay results from this year’s drilling, extending gold mineralisation at least 2000 metres south from Golden Gate North to Golden Gate South. The best gold intercept in this year’s drilling to date shows gold mineralisation extending from surface downhole to the base of hole in drill hole HH-GG26-003C.

Drill hole HH-GG26-003C: 305.7 metres @ 0.64 g/t Au from surface; Including: 6.5m @ 1.33g/t Au from 62.0m downhole;

17.25m @ 1.19g/t Au from 264.85m downhole;

Major extension to gold mineralisation confirms discovery status at Golden Gate South

Significant pervasive gold mineralisation was identified in all three diamond core drill holes with reported assay results to date from this season’s drilling. Results extended gold mineralisation at least 2,000 metres south of Golden Gate North, confirming “discovery status” at Golden Gate South. Drilling assay results, soil sampling, geophysics and geological mapping has now confirmed the discovery and presence of gold mineralisation at Golden Gate South (ASX announcement 24 August 2026).

Successful Phase 1 drilling last year (2025) for gold mineralisation

This season’s drilling follows the successful Phase 1 drilling campaign in 2025, which totalled 3,780 metres (10,100 ft) across 14 drill holes. All Phase 1 drill holes intersected gold mineralisation from surface and delivered multiple broad gold intercepts, including:

253m @ 1.5 g/t Au (HH-GG25-003C);

189.2m @ 1.30 g/t Au (HH-GG25-001C);

265.2m @ 0.60 g/t Au (HH-GG25-002C); and

240.8m @ 0.64 g/t Au (HH-GG25-004C) (ASX announcements 2 December 2025 & 18 March 2026).

Table 1: Completed drill hole details for 2026 drill program for a total of 12,236m (40,144 ft)

Drill holes targeted tungsten and gold mineralisation at Golden Gate

Drill holes have targeted both gold and tungsten mineralisation, including a significant tungsten in soil anomaly identified at Golden Gate South and around previously mined scheelite at Golden Gate North.

Scheelite is known to occur at Golden Gate (ASX Announcement 8 September 2025). In 2025 diamond core drilling scheelite is reported to occur with quartz and manganese in veins in heavily oxidised quartz-feldspar altered granite. In the Company’s 2026 drill program at Golden Gate, scheelite has again been identified. Known scheelite occurrences in the early drillholes were identified visually using a shortwave ultraviolet light (ASX announcement 1 July 2026 and 13 July 2026). The Company anticipates assay results from this core in coming weeks.

Objectives of the 2026 Drill Program

The objectives of RML’s large 2026 Golden Gate Drill Program, of over 12,000 metres (40,000 ft) of diamond core drilling, across 42 holes, was to target and define the scale and extent of tungsten and gold mineralisation at Golden Gate, starting at Golden Gate South. Golden Gate is located within RML’s Horse Heaven Antimony-Tungsten-Gold-Silver Project in Idaho, USA, immediately adjacent to the recently permitted Perpetua Resources’ Stibnite Gold Project.

Figure 1: Resolution’s Horse Heaven Antimony-Tungsten-Gold-Silver Project – Antimony Ridge (Sb) with Golden Gate (Au) and Golden Gate Tungsten (W).

Figure 2: Resolution’s last drillhole HH-GG26-042C of the 2026 program at Golden Gate North.

Figure 3: Resolution’s Golden Gate South and Golden Gate North within the Horse Heaven Project – Location of drill holes over coloured gold-in-soil-samples with the location of Cross section in Figure 2. Gold-in-soil-samples emphasises the continuity of gold mineralisation between Golden Gate South and Golden Gate North and between drilled areas (from ASX announcement 24 August 2026 and 11 June 2025).

Figure 4: Resolution’s Golden Gate South – Location of drill holes over coloured gold-in-soil-samples and interpreted mineralisation and alteration with three reported drill hole gold assays as histograms (red) and location of Cross section in Figure 2. Gold-in-soil-samples emphasises the continuity of gold mineralisation between drilled areas (from ASX announcement 24 August 2026 and 11 June 2025).

Authorised for release by the Board of Resolution Minerals Ltd.

For further information, please contact:

Aharon Zaetz Executive Director

Resolution Minerals Ltd M: +61 424 743 098

[email protected]

Jane Morgan Investor Relations

Jane Morgan Management M: +61 405 555 618

[email protected]

Forward Looking Statements

This announcement may contain forward-looking statements. These statements relate to the Company’s expectations, beliefs, intentions or strategies regarding the future. These statements can be identified by the use of words like “anticipate”, “believe”, “intend”, “estimate”, “expect”, “may”, “plan”, “project”, “will”, “should”, “seek” and similar words or expressions containing same. These forward-looking statements reflect the Company’s views and assumptions with respect to future events as of the date of this release and are subject to a variety of unpredictable risks, uncertainties, and other unknowns. Actual and future results and trends could differ materially from those set forth in such statements due to various factors, many of which are beyond our ability to control or predict. These include, but are not limited to, risks or uncertainties associated with the acquisition and divestment of projects, joint venture and other contractual risks, metal prices, exploration, development and operating risks, competition, production risks, sovereign risks, regulatory risks including environmental regulation and liability and potential title disputes, availability and terms of capital and general economic and business conditions.

Given these uncertainties, no one should place undue reliance on any forward-looking statements attributable to the Company, or any of its affiliates or persons acting on its behalf. Subject to any continuing obligations under applicable law, the Company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements in this announcement to reflect any change in expectations in relation to any forward-looking statements or any change in events, conditions or circumstances on which any such statement is based.

JORC cross references

The Company confirms it is not aware of any new information or data that materially affects the information cross referenced in this announcement and further to “Agreement to Acquire Major US Antimony Project and Placement” on 11 June 2025, “Drilling to Expand Footprint at Horse Heaven” on 8 September 2025, “Exceptional Rock Chip and Soil Results from Antimony Ridge” on 15 September 2025, “Exceptional Rock Chip and Soil Results Update” on 24 September 2025, “Significant Gold Discovery at Horse Heaven Project” on 28 October 2025, “Significant Gold Discoveries Continue at Golden Gate” on 3 November 2025, “Golden Gate Discovery Grows with Multiple Gold Intercepts” on 2 December 2025, “Further Ultra High Grade Antimony and Silver Results” on 14 January 2026, “New Gold Discovery at Golden Gate South” on 9 February 2026, “Gold & Significant Tungsten Mineralisation in Drilling” on 17 February 2026, “Major Drilling Program Planned to Test Golden Gate Scale” on 18 March 2026, “Exceptional Tungsten Grade Identified in Stockpile Material” on 26 March 2026, “Antimony Ridge Model Shows Extensive Vein Swarms” on 10 April 2026, “Antimony Trioxide Produced from Antimony Ridge“ on 14 April 2026, “Tungsten Concentrates Produced from Golden Gate“ on 28 April 2026, ”Tungsten and Gold Drilling Underway and High Gold Recoveries” on 15 May 2026, and “First 2026 Gold and Tungsten Drilling Proving Encouraging” on 21 May 2026, “Drill Program Progressing Well at Horse Heaven” on 1 July2026 and clarified on 13 July 2026, and “Major Gold Extension Confirmed at Golden Gate” on 24 August 2026 . The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original announcements.

Competent Person’s Statement

The information in this report that relates to exploration results relating to metallurgy, is based on and fairly represents information reviewed and compiled by Mr Ross Brown BSc (Hons), M AusIMM, Principal Geologist/director of exploration consulting firm, Riviere Minerals Pty. Ltd, who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Brown has sufficient experience, which is relevant to the exploration activities, style of mineralisation and types of deposits under consideration, and to the activity which has been undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Riviere Minerals is consulting to Resolutions Minerals Limited and consents to the inclusion in this announcement of the matters based on their information in the form and context in which it appears.

Appendix A: JORC Code, 2012 Edition

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

CriteriaJORC Code explanationCommentary
Sampling techniquesNature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.Aspects of the determination of mineralisation that are Material to the Public Report.In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.This announcement provides an update of the completion of the Company’s 2026 drill program conducted at its Horse Heaven Project in Idaho, USA.This announcement reports the completion of all forty two drill holes, without any exploration results apart from hole location and drill depth data, with the ID reference from HH-GG26-001 to HH-GG26-042, inclusive (“Drilled Holes”).Variations on drill hole reference nomenclature may occur from time to time. The prefix “HH” (denoting Horse Heaven) may not be used. The suffix “C” (denoting Core) may also not be used, as is the case in this announcement. Reported exploration results (data) solely includes drill hole type, drill hole location (UTM metric) and drill hole parameters (dip, azimuth, altitude and end of hole data).No drill core sample assay results of the above-mentioned holes are included in this announcement.No reference to mineralised intersects are included in this announcement.
Drilling techniquesDrill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whetherThe Drilled Holes are diamond core drill holes that were drilled by Evolve Exploration Ltd using two Multipower MP1500 modular core rigs providing HQ diamond drill core.
CriteriaJORC Code explanationCommentary
 core is oriented and if so, by what method, etc).The drill core is oriented. The core orientation method is conducted using the ACTxCore Orientation System.
Drill sample recoveryMethod of recording and assessing core and chip sample recoveries and results assessed.Measures taken to maximise sample recovery and ensure representative nature of the samples.Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.Drill core recovery of the drilled holes have been consistently high (a function of the solid lithologies) approaching 100%. Lower core recovery rates are sometimes observed in fault zones, with the most significant losses usually occurring near the top of the drill hole, close to the collar, with core recoveries of approximately 50% recovery.
LoggingWhether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography.The total length and percentage of the relevant intersections logged.Drill core was logged for lithology, alteration, mineralisation, structure (geotechnical) using oriented core to a level which has enabled preliminary interpretations relating to style of mineralisation, host and thickness. At this stage no Mineral Resource Estimates, mining studies or metallurgical studies are appropriate.Drill core is also logged for RQD and Core recovery.Drill core is then digitally photographed wet while whole after logging.The logging, as described above is both quality and quantitative.100% of the relevant intersections were logged as per above.
Sub-sampling techniques and sample preparationIf core, whether cut or sawn and whether quarter, half or all core taken.If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry.The HQ core was halved using a diamond core saw and sampled on geological intervals approximating 0.2m to 1.5m in length. The smallest intervals selected to specifically target mineralised veins
CriteriaJORC Code explanationCommentary
 For all sample types, the nature, quality and appropriateness of the sample preparation technique.Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples.Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling.Whether sample sizes are appropriate to the grain size of the material being sampled.have used down to 0.2m intervals. The 1.5 metre interval is most commonly applied across the core. Drill core is being halved using an electric powered core saw by RML contract staff who maintain possession of the core at its Antimony Camp facility.Half-cut core samples will be bagged and tagged using bar-coded sample tags and were securely stored prior to shipment at the Antimony Camp facility.Half cut core samples were transported by RML contractors under lock and key to ALS prep’ lab’ facility in Twin Falls, ID. No third-party shippers were involved in the shipping process; chain of custody forms were exchanged at ALS Minerals in Twin Falls and a copy kept on file. The remaining boxed cut core are kept at a secure locked facility at Antimony Camp, ID.ALS Minerals Twin Falls prep’ lab’ logs in the samples using the sample tag bar codes provided. Samples were then crushed to 70% less than 2mm, rotary split off 250g, pulverise split to better than 85% passing 75 microns.All samples were then shipped to ALS Minerals analytical laboratory in Vancouver, British Columbia.
Quality of assay data and laboratory testsThe nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make andNo drill core assay results are referred to this announcement.
CriteriaJORC Code explanationCommentary
 model, reading times, calibrations factors applied and their derivation, etc. Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established. 
Verification of sampling and assayingThe verification of significant intersections by either independent or alternative company personnel.The use of twinned holes.Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.Discuss any adjustment to assay data.No drill core assay results are referred to this announcement.For clarity, although no drill core assay results are referred to this announcement, various of the Drilled Holes share drill platforms (referred to as Drill Sites). The holes may be fanned (same collar, different azimuth/dip), or scissored (same collar, same plane but opposing azimuth). No holes are twinned (same collar, same azimuth, different dip).
Location of data pointsAccuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.Specification of the grid system used.Quality and adequacy of topographic control.The locations of the Drilled Holes were achieved using handheld GPS programmed into the local coordinate system. The accuracy of the GPS is in line with best practice standards.
Data spacing and distributionData spacing for reporting of Exploration Results.Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.Whether sample compositing has been applied.In terms of geological data spacing associated with the Drilled Holes every metre of these holes was logged, with details of lithology, alteration, mineralisation recorded to sub-decimetre detail.
CriteriaJORC Code explanationCommentary
Orientation of data in relation to geological structureWhether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.The Drilled Holes have a drill direction that is approaching perpendicular to the regional trend (lithologically and structurally) and also approaching perpendicular to the known mineralisation. The purpose of the Drilled Holes was to test the possible extension of known gold and tungsten mineralisation at surface at depth along strike from past drill holes and past surface sample results and to test the occurrence of gold in un-oxidised rocks at depth..
Sample securityThe measures taken to ensure sample security.All drill core samples were delivered directly to RML’s geologists and contractors on site where they remain under direct supervision at a secure site.
Audits or reviewsThe results of any audits or reviews of sampling techniques and data.The competent person is unaware of the undertaking of audits or reviews for sampling technique and data, other than its own review.

Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

CriteriaJORC Code explanationCommentary
Mineral tenement and land tenure statusType, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, past sites, wilderness or national park and environmental settings.The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.This announcement refers to exploration results regarding drill core at Golden Gate, a project within the one larger project, Horse Heaven project in Idaho USA, comprising seven hundred and twenty-nine (729) U.S. Federal lode mining claims covering 14,580 acres and includes seven hundred and nineteen (719) mining claims and ten lode mining claims referred as the Oberbillig Group.The competent person understands that the mining claims are all in good standing.
Exploration done by other partiesAcknowledgment and appraisal of exploration by other parties.No exploration results reported in this announcement were performed by other parties.
GeologyDeposit type, geological setting and style of mineralisation.The project area is dominated by Cretaceous-aged granitic rocks relating to intrusive phases associated with the Atlanta Lobe of the Idaho Batholith. These largely granodiorite rocks have intruded Neoproterozoic-aged metasediments, comprising quartzites (which are dominant) calc-silicates, marble and black shale. The area and broader region is affected by broad regional folding and N-S, NNE-SSW, and NE-SW faults.Gold, antimony, tungsten and silver mineralisation is associated with hydrothermally altered and fractured granodiorites.
CriteriaJORC Code explanationCommentary
Drillhole InformationA summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drillholes:easting and northing of the drillhole collarelevation or RL (Reduced Level – elevation above sea level in metres) of the drillhole collardip and azimuth of the holedown hole length and interception depthhole length.If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case.The drillhole information for the Drilled Holes is included in a table (Table1) with drill collar location data, altitude, dip, azimuth, and end of hole.
Data aggregation methodsIn reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated.Where aggregate intercepts incorporate short lengths of high-grade results and longer lengths of low-grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail.The assumptions used for any reporting of metal equivalent values should be clearly stated.No drill core assay results are referred to this announcement, by this, no weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades were used.
Relationship between mineralisationThese relationships are particularly important in the reporting of Exploration Results.With reference to the Drilled Holes, these holes were drilled close to perpendicular
CriteriaJORC Code explanationCommentary
widths and intercept lengthsIf the geometry of the mineralisation with respect to the drillhole angle is known, its nature should be reported.If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg ‘down hole length, true width not known’).across the prospect-scale orientation of the known mineralisation. No drill core assay results are referred to this announcement, by this, no relationships pertaining to the geometry of the mineralisation with respect to the drillhole dip and azimuth are included.
DiagramsAppropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drillhole collar locations and appropriate sectional views.Two drill hole location plans are provided with geolocation information (coordinates, northing and scale bar) showing the locations of the Drilled Holes and/or the drill pads. Legends are included within each figure (where appropriate) and when additional explanation is required, this is given to the figure caption.
Balanced reportingWhere comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.This announcement is considered to be fair and balanced with respect to the exploration results, being a drilling update.
Other substantive exploration dataOther exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.There is no other material data associated with the Drilled Holes not mentioned in this announcement.
Further workThe nature and scale of planned further work (eg tests for lateral extensions or depth extensions or large-scale step-out drilling).The drill hole subject of this announcement, the Drilled Holes, are the summary of the 2026 large diamond core drill program of 42-holes for and
CriteriaJORC Code explanationCommentary
 Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.12,236m (40,144 ft), which is now completed. Drill hole results will be released on an ongoing basis.

Resolution Minerals Ltd (RML) – Nasdaq Listing Expands U.S. Investor Access


Thursday, September 10, 2026

Mark Reichman, Managing Director, Equity Research Analyst, Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Nasdaq listing enhances Resolution’s U.S. market presence. Resolution Minerals’ American Depositary Shares, or ADSs, commenced trading on the Nasdaq Capital Market on September 9, 2026, under the ticker RML. Each ADS represents 200 ordinary Resolution shares, while the ASX remains the company’s primary listing. Resolution did not conduct a U.S. capital raise in connection with the Nasdaq listing.

The listing supports Resolution’s broader U.S. strategy. We expect the Nasdaq listing to increase the company’s visibility among U.S. retail and institutional investors and strengthen its ability to raise capital in the United States. The timing is favorable given heightened U.S. interest in securing domestic supplies of critical minerals, particularly tungsten and antimony.


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Release – RML Nasdaq Trading to Commence Today

Screenshot 2025-06-11 101256

Research News and Market Data on RML

Secondary U.S. listing complements RML’s ASX listing and supports the Company’s U.S. market strategy as it advances the

Horse Heaven Project in Idaho, USA.

HIGHLIGHTS

  • Trading scheduled to commence on the Nasdaq Capital Market on Wednesday, 9 September 2026 (U.S. time) under ticker code RML.
  • There is no capital raising associated with the Nasdaq listing.
  • The Nasdaq listing will enable RML to tap into the world’s largest equity capital markets at a time of strong investment interest in U.S. critical minerals, and trade alongside its U.S.-listed critical metals peers such as neighbouring Perpetua Resources Corp (US$3 billion market cap) and MP Materials Corp (US$10 billion market cap).
  • The Nasdaq listing follows RML’s successful A$20 million institutionally-led placement in April this year, which was corner-stoned by Tribeca Investment Partners and L1 Capital Global Opportunities Master Fund.
  • Additionally, the Nasdaq listing is expected to increase RML’s visibility for White House and U.S. Department of War funding and development incentives, improve the Company’s U.S. capital raising ability, provide M&A currency for any potential

U.S. corporate opportunities, and facilitate U.S. broker research exposure.

  • The U.S. Government is aware of the strategic importance of RML’s Golden Gate and Antimony Ridge assets as a potential source of U.S. domestic tungsten and antimony, given that both projects have been awarded FAST-41 Permitting Status by the White House.
  • To the best of RML’s knowledge, no other company has been awarded two FAST-41 approvals, demonstrating recognition by the U.S. Government of the potential that RML has to help address the American national security and critical mineral supply chain requirements.
  • Elevated geopolitical tension, a U.S. Government push to onshore its critical minerals supply chain, as well as historically high tungsten and precious metal prices, have all contributed to increased interest in Resolution Minerals from U.S. investors looking for exposure to defence, critical and precious metals.

Resolution Minerals Ltd (ASX:RML; Nasdaq:RML) (Resolution or the Company) is pleased to report on its progress towards its Nasdaq listing.

NASDAQ TRADING TO COMMENCE ON TODAY

Resolution is pleased to announce that American Depositary Shares (ADS) representing its ordinary shares will commence trading on the Nasdaq Capital Market (Nasdaq) on Wednesday morning, 9 September 2026 (US time), under the ticker symbol “RML”. Each ADS represents 200 ordinary shares of the Company.

The listing on Nasdaq follows the declaration of effectiveness by the U.S. Securities and Exchange Commission (SEC) of the Company’s registration statement on Form 20-F and formal approval from Nasdaq upon meeting its listing requirements. The Nasdaq listing is a secondary listing and complements the Company’s existing primary listing of ordinary shares on the ASX.

The Company completed the Nasdaq listing without an associated capital raise in the United States. Therefore, initial trading of ADSs may be limited due to the time it takes for existing shareholders to deposit their RML ordinary shares into the ADR program and receive ADSs for trading on Nasdaq.

The Bank of New York Mellon has been appointed depositary, custodian, and registrar for the Company’s American Depositary Receipt program.

A dual-listing on the NASDAQ strengthens Resolution’s emerging status as a potential future American supplier of critical metals for the defense needs of the U.S. and its allies.

Some other critical mineral companies on the NASDAQ / NYSE include MP Materials Corp (MP.NYSE), Perpetua Resources Corp (PPTA.NAS), Almonty Industries Inc (ALM.NAS), USA Rare Earth Inc (USAR.NAS) and Energy Fuels Inc (UUUU.AME).

RML will maintain a primary listing on ASX on which its ordinary shares will continue to trade.

Ari Zaetz, RML’s Managing Director, commented:

Authorised for release by the board of Resolution Minerals Ltd.

For further information, please contact:

Aharon Zaetz Executive Director Resolution Minerals Ltd M: +61 424 743 098

[email protected]

Jane Morgan Investor Relations

Jane Morgan Management M: +61 405 555 618

[email protected]

Resolution Minerals Ltd (RLMLF) – Initial Assays Return Significant Gold Mineralization


Tuesday, August 25, 2026

Mark Reichman, Managing Director, Equity Research Analyst, Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Golden Gate South Discovery. Resolution Minerals confirmed a significant near-surface gold discovery at Golden Gate South within its 100%-owned Horse Heaven Antimony-Tungsten-Gold-Silver Project in Idaho. All three initial 2026 diamond holes intersected broad gold mineralization, extending the known mineralized system at least 2,000 meters south from Golden Gate North. The results, combined with gold-in-soil anomalies between the two areas, strengthen the potential that Golden Gate North and South are part of a much larger mineralized system along the Golden Gate Fault Zone.

Broad Gold Intercepts. The most significant hole, HH-GG26-003C, returned 305.7 meters grading 0.64 g/t gold from surface to the end of the hole, including several higher-grade zones of up to 17.25 meters at 1.19 g/t gold. The other two holes also encountered broad near-surface mineralization, including 87.87 meters at 0.52 g/t and 49.5 meters at 0.58 g/t gold. Collectively, the results are important because they demonstrate substantial widths of pervasive gold mineralization rather than isolated narrow intercepts, although additional drilling is required to establish true widths, continuity, and ultimately the potential size of the system.


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*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

Release – Resolution Secures White House FAST-41 Transparency Coverage for Golden Gate Tungsten-Gold Target

Research News and Market Data on RLMLF

July 17, 2026

PERMITTING COUNCIL SUPPORT EXPECTED TO ACCELERATE AGGRESSIVE EXPLORATION AND DEVELOPMENT PROGRAM ACROSS ENTIRE GOLDEN GATE TARGET AS RESOLUTION CONTINUES TO DEVELOP ITS INTEGRATED IDAHO ANTIMONY-TUNGSTEN-GOLD CRITICAL METALS PLATFORM

July 17, 2026 (Source) — HIGHLIGHTS

  • This is the second FAST-41 status granted to Resolution Minerals, demonstrating the high calibre of the Golden Gate asset and its strategic value as a potential source of U.S. domestic tungsten supply, and highlights the level of engagement RML has with the U.S. Government and the Permitting Council, and the attention Resolution’s projects are receiving from the highest levels of the current Administration.
  • FAST-41 is a special permitting framework being utilised by the Trump Administration to accelerate permitting and the development of critical U.S. infrastructure projects and to provide solutions for U.S. national security.
  • RML’s Golden Gate Project was added to the FAST-41 Transparency Dashboard in response to President Trump’s Executive Order on Immediate Measures to Increase American Mineral Production¹, to reduce reliance on foreign adversaries for the supply of critical minerals, especially during times of war.
  • RML has been working closely with key Federal agencies and Administration leadership, including the Permitting Council, which has reviewed RML’s U.S. assets and has recognised their strategic importance to addressing the United States’ critical metals supply deficit and lack of domestic production.
  • With RML’s Antimony Ridge Project receiving FAST-41 Transparency status in April 2026, both of the Company’s primary development targets at the Horse Heaven Project, Antimony Ridge and Golden Gate, have been prioritised by the U.S. Government for streamlined permitting.
  • The Golden Gate and Antimony Ridge targets are within RML’s 15,000-acre Horse Heaven Tungsten-Antimony-Gold Project located in Idaho, USA, directly adjacent to Perpetua Resources’ recently permitted ~A$3.5 billion Stibnite Gold Project.
  • A Plan of Operations for Golden Gate has been submitted to, and accepted by, the US Forest Service for an exploration and development program that will include construction of new roads between Golden Gate North and Golden Gate South and allow up to 340 drill holes and 2,000 feet of trenching.
  • The Golden Gate Project includes the past-producing Golden Gate Tungsten Mine, which operated intermittently between the period from approximately 1952 to 1980, with reported tungsten production grades ranging between 1.5% and 2.0%.
  • The combination of Golden Gate and Antimony Ridge positions Resolution to pursue an integrated critical metals development pathway spanning exploration, metallurgy, and potential downstream processing in a tier-one U.S. jurisdiction.
  • FAST-41 status is expected to fast-track permitting, enhance investor visibility and support engagement with potential strategic partners and funding sources aligned with the U.S. critical minerals policy.
  • FAST-41 status bodes extremely well for the Company’s upcoming NASDAQ listing.

Resolution Minerals Ltd (ASX: RML; OTCQB: RLMLF) (“Resolution” or the “Company”) is pleased to announce that its Golden Gate Project in Idaho, USA has been selected for inclusion in the U.S. Federal FAST-41 Permitting Transparency Program.

FAST-41 designation is expected to accelerate permitting timelines through enhanced inter-agency coordination, transparent milestone tracking and dedicated federal oversight. The Program provides Resolution with a clear pathway to advance its proposed bulk sampling and drilling activities at Antimony Ridge, a high-grade, past producing antimony project, located within the Company’s 100% owned Horse Heaven Project.

Importantly, FAST-41 selection supports Resolution’s broader strategy to develop a U.S.-focused critical mineral platform. Golden Gate is one of several advancing components within Horse Heaven Project, which also includes:

  • A recently acquired processing mill and infrastructure known as the Johnson Creek Tungsten Mill.
  • Historical tungsten stockpiles located adjacent to the Golden Gate Tungsten Mine portal and at the Johnson Creek Mill with potential near-term development optionality.
  • A fully funded, ongoing Phase 2 drilling program at Golden Gate, comprising up to 45 holes targeting resource definition.

Together, these assets position Resolution to pursue an integrated development pathway spanning exploration, metallurgy and potential downstream processing of antimony, tungsten, and gold in a tier-one U.S. jurisdiction.

Golden Gate is located immediately adjacent to Perpetua Resources’ Stibnite Gold Project, highlighting the region’s growing importance as a strategic hub for U.S. critical minerals. With the United States seeking to secure domestic supply of key metals such as antimony, Resolution is well placed to contribute to supply chain resilience while advancing multiple near-term development catalysts.

The inclusion of Golden Gate in the FAST-41 program follows closely on the designation of RML’s Antimony Ridge Project as a FAST-41 project. It is the intention of the US Forest Service to permit both the Antimony Ridge Plan of Operation and the Golden Gate Plan of Operation under one NEPA process, helping to streamline ongoing permitting at both projects.

Craig Lindsay, Resolution’s CEO – US Operations, commented:

“We are very pleased that Golden Gate has been selected for FAST-41 Transparency Coverage. We now have two separate development targets within the Horse Heaven Project under the FAST-41 program. Interestingly, I am not aware of any other critical metals company with two FAST-41 projects, which I believe is a mark of the potential importance of Horse Heaven in the US achieving its goal of developing domestic supplies of both antimony and tungsten.

Golden Gate represents a key piece of Resolution’s broader strategy to develop a U.S.-based critical minerals platform. With exploration, processing infrastructure and multiple development pathways now coming together at Horse Heaven, we believe the Company is uniquely positioned to capitalise on strong demand for antimony, tungsten and gold.”

FAST-41 Projects and the Permitting Council

The Washington, DC-based Permitting Council was established by Congress in 2015 under Title 41 of the Fixing America’s Surface Transportation Act (FAST-41) to improve the efficiency, transparency and accountability of the federal permitting process.

The Council coordinates environmental reviews and authorisations across multiple federal agencies, acting as a central project manager across for qualifying projects. FAST-41 projects benefit from structured inter-agency coordination, defined permitting timelines and public tracking via the Federal Permitting Dashboard.

The Permitting Council is comprised of the Executive Director (Chair), and 15 other members, including the Deputy Secretary (or equivalent) from 13 Federal agencies, the Chair of the Council on Environmental Quality (CEQ), and the Director of the Office of Management and Budget (OMB). The Office of the Executive Director (OED) executes on the actions of the Council, and Permitting Council statutory authorities, programs, and initiatives. The Office of the Executive Director coordinates federal environmental reviews and authorisations for projects that qualify for FAST-41 coverage, which are in turn entitled to public permitting timetables and transparent, collaborative management of those timetables on the Federal Permitting Dashboard.

More information on the Permitting Council and FAST-41 can be found at www.permitting.gov.

Next Steps

Resolution will work closely with its primary permitting authority, the US. Forest Service, to advance the Golden Gate Plan of Operations through the FAST-41 process.

Following approval, the Company intends to commence a significant drill campaign intended to both increase the drill coverage of the Golden Gate North and Golden Gate South targets and confirm whether the gold and tungsten mineralization is linked geologically (the area between North and South have never been drilled, but RML has developed a geologic model that suggests the potential for both targets to be one large contiguous body of mineralisation).

On a parallel basis, RML is continuing to implement its ongoing 13,700 metre (45,000 foot) drill program at Golden Gate, with 22 holes currently completed and initial results for the first several holes expected by the end of July.

Authorised for release by the Board of Resolution Minerals Ltd.

For further information, please contact:

Ari Zaetz
Executive Director
Resolution Minerals Ltd
M: +61 493 254 526
[email protected]

Jane Morgan
Investor Relations
Jane Morgan Management
M: +61 405 555 618
[email protected]

Forward Looking Statements

This announcement may contain forward-looking statements. These statements relate to the Company’s expectations, beliefs, intentions or strategies regarding the future. These statements can be identified by the use of words like “anticipate”, “believe”, “intend”, “estimate”, “expect”, “may”, “plan”, “project”, “will”, “should”, “seek” and similar words or expressions containing same. These forward-looking statements reflect the Company’s views and assumptions with respect to future events as of the date of this release and are subject to a variety of unpredictable risks, uncertainties, and other unknowns. Actual and future results and trends could differ materially from those set forth in such statements due to various factors, many of which are beyond our ability to control or predict. These include, but are not limited to, risks or uncertainties associated with the acquisition and divestment of projects, joint venture and other contractual risks, metal prices, exploration, development and operating risks, competition, production risks, sovereign risks, regulatory risks including environmental regulation and liability and potential title disputes, availability and terms of capital and general economic and business conditions.

Given these uncertainties, no one should place undue reliance on any forward-looking statements attributable to the Company, or any of its affiliates or persons acting on its behalf. Subject to any continuing obligations under applicable law, the Company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements in this announcement to reflect any change in expectations in relation to any forward-looking statements or any change in events, conditions or circumstances on which any such statement is based.

References:

https://www.whitehouse.gov/presidential-actions/2025/03/immediate-measures-to-increase-american-mineral-production

https://www.mining.com/tungsten-crunch-can-be-fixed-before-prices-spike-further-bmo

https://www.nationalacademies.org/read/12028/chapter/10

D. W. Kalmbach et al 2021: NI 43-101 TECHNICAL REPORT ON THE HORSE HEAVEN GOLD PROJECT VALLEY COUNTY

Resolution Minerals Ltd (RLMLF) – Update for the Quarter Ended June 30, 2026


Friday, August 07, 2026

Mark Reichman, Managing Director, Equity Research Analyst, Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Making Significant Progress. Resolution Minerals has advanced the Horse Heaven Project as an integrated U.S. critical minerals platform encompassing antimony, tungsten, and gold. Antimony Ridge received FAST-41 Transparency Coverage, with Golden Gate receiving the same status after quarter-end, while Resolution was also admitted to the U.S. Defense Industrial Base Consortium. Together, these developments could accelerate permitting, enhance access to U.S. government and strategic funding channels, and reinforce the projects’ importance as a domestic critical-mineral supply source. Resolution continues to advance drilling, metallurgy, and permitting activities that support its long-term development strategy.

Project Highlights. Antimony Ridge continues to demonstrate excellent scale and grade, with more than 100 high-grade antimony veins identified and metallurgical testing producing a 99.38% antimony trioxide product. At Golden Gate, the company advanced a 13,700-meter drill program to support a maiden mineral resource estimate, while metallurgical testing returned strong gold recoveries that further de-risk future development. Post quarter-end, approximately half of the planned drilling program has been completed


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*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

Resolution Minerals Ltd (RLMLF) – Resolution Minerals Receives FAST-41 Designation for Golden Gate


Friday, July 17, 2026

Mark Reichman, Managing Director, Equity Research Analyst, Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Golden Gate FAST-41 Designation. Resolution Minerals’ Golden Gate Project in Idaho has been granted FAST-41 Transparency Coverage by the U.S. Federal Permitting Council, making it the Company’s second project to receive the designation after Antimony Ridge. The designation highlights the strategic importance of the Horse Heaven Project as a domestic source of tungsten, antimony, and gold and is expected to accelerate permitting through enhanced federal coordination and oversight.

Golden Gate Plan of Operations. The Golden Gate Project is part of Resolution’s 15,000-acre Horse Heaven Project, which also includes the Antimony Ridge target, the Johnson Creek Tungsten Mill, and historical tungsten stockpiles. The Company has submitted a Plan of Operations that includes construction of new access roads, up to 340 drill holes and 2,000 feet of trenching, while continuing a fully funded 45-hole drilling program to advance resource definition.


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*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

Resolution Minerals Ltd (RLMLF) – Resolution Advances Horse Heaven Toward Maiden Resource


Thursday, July 02, 2026

Mark Reichman, Managing Director, Equity Research Analyst, Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

2026 Drill Program. Resolution continues to de-risk its flagship Horse Heaven Antimony-Tungsten-Gold-Silver Project in Idaho. The company has completed 16 diamond drill holes totaling 4,470 meters at the Golden Gate South target, maintaining a rapid drilling rate while keeping geological logging and sample preparation current. With approximately one-third of the drilling campaign complete, Resolution is advancing Golden Gate toward its first mineral resource estimate, which is expected during the first quarter of 2027. Successful drilling could substantially de-risk the project and establish the foundation for future economic studies.

Defining Scale and Continuity. The program is designed to define the scale and continuity of gold mineralization along strike and at depth while also evaluating the extent of tungsten mineralization surrounding the historic Golden Gate Tungsten Mine and a large tungsten soil anomaly. The campaign builds on encouraging 2025 drilling results that intersected broad intervals of gold mineralization.


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*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

Resolution Minerals Ltd (RLMLF) – Resolution Joins U.S. Defense Consortium


Monday, June 22, 2026

Mark Reichman, Managing Director, Equity Research Analyst, Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Strengthening its strategic position. Resolution Minerals has been admitted into the U.S. Defense Industrial Base Consortium (DIBC), a Department of Defense-supported network focused on strengthening critical supply chains and industrial capabilities. Membership provides the company with direct access to government agencies, industry partners, research institutions, and funding opportunities that support U.S. national security objectives.

Advancing critical minerals development. The membership aligns closely with Resolution’s strategy to develop domestic sources of antimony and tungsten, two minerals designated as critical to defense, aerospace, energy, and advanced manufacturing industries. The company has already submitted a funding application for its tungsten development plans and is evaluating additional opportunities to advance its antimony initiatives.


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Resolution Minerals Ltd (RLMLF) – Off to a Strong Start


Friday, May 22, 2026

Mark Reichman, Managing Director, Equity Research Analyst, Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Strong Early Indicators. Resolution Minerals reported encouraging results from the first three holes of its 2026 Golden Gate drilling program in Idaho, with all holes intersecting sulphide mineralization associated with strong alteration, shearing, brecciation, and quartz veining. The mineralized zones contain pyrite and arsenopyrite within altered granites that share geological features observed in previous high-grade gold and tungsten intercepts at Golden Gate North and South, supporting the potential for additional mineralized extensions.

Deploying a Second Drill Rig. The company has completed 763 meters of drilling across three holes and is accelerating exploration activities with the arrival of a second diamond core rig. The broader 2026 campaign includes up to 13,700 meters of planned drilling across 45 holes and is designed to evaluate the scale and continuity of gold and tungsten mineralization throughout the Golden Gate system, including extensions near historical mining areas and coincident gold and tungsten soil anomalies.


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Resolution Minerals Ltd (RLMLF) – Drilling Begins at Golden Gate


Friday, May 15, 2026

Mark Reichman, Managing Director, Equity Research Analyst, Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Drilling Begins. Resolution Minerals has commenced a major drill program at its Horse Heaven Antimony-Tungsten-Gold-Silver Project in Idaho, with an MP1500 diamond core rig now operating at Golden Gate. The 2026 program will include two rigs and entail up to 13,700 meters of drilling across up to 45 holes targeting gold and tungsten mineralization. The project is located adjacent to Perpetua Resources’ (NASDAQ: PPTA, TSX: PPTA) recently permitted Stibnite Gold Project, highlighting the strategic importance of the region.

Gold Expansion Targeted. The drilling program intends to define and expand gold mineralization at Golden Gate North and Golden Gate South. Previous drilling delivered strong results, including 189.2 meters grading 1.30 grams per tonne gold, with mineralization remaining open at depth. Resolution is also advancing tungsten exploration, targeting extensions around historic mine workings and testing a large area containing coincident tungsten and gold soil anomalies.


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Resolution Minerals Ltd (RLMLF) – Accelerating Development at the Horse Heaven Critical Minerals Project


Monday, May 04, 2026

Mark Reichman, Managing Director, Equity Research Analyst, Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Exploration Momentum. Resolution Minerals continues to demonstrate strong exploration results across its Horse Heaven Project, confirming a large-scale, multi-commodity system. High-grade antimony at Antimony Ridge and extensive gold mineralization at Golden Gate highlight the project’s scale, with drilling confirming continuous mineralization that remains open in multiple directions. A major 13,700-meter Phase 2 drilling program is expected to commence this week to further define resource potential and support a maiden Mineral Resource Estimate targeted for Q1 2027.

Advancing Metallurgy and Development Pathways. Resolution is making significant progress in metallurgical testing and project development, particularly with tungsten and antimony processing. Test work has successfully produced high-grade tungsten concentrates and high-purity antimony products, demonstrating viable processing pathways and near-term production potential. Combined with the acquisition of processing infrastructure at Johnson Creek, these developments position the company to advance toward a vertically integrated, U.S.-based critical minerals platform.


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