An in-depth ASX small-cap update on Resolution Minerals (RML.ASX). James Whelan chats with Craig Lindsay, Head of US Operations, about the expansion of the Horse Heaven drill programme and the strategic land package now under control. The video breaks down what changed, why it matters, and what investors should watch next as the company eyes a maiden resource.
What we cover:
- Expanded land package: around 59 square kilometres after adding ~600 acres near the southern end, adjacent to the Stibnite district and its active financing backdrop.
- Drill programme expansion: the plan extends drilling into October, switching from core to RC drilling to roughly double the footage and accelerate knowledge of the Golden Gate target.
- QA/QC and cost dynamics: core provides structural detail, RC offers lower cost and higher footage; the plan combines both to map the structure along Golden Gate.
- Golden Gate mineralisation: ongoing gold dominance with tungsten potential at the northern end, plus an antimony anomaly parallel to the fault zone.
- Assay timing and catalysts: eight holes drilled, three samples submitted to ALS with a four-to-six week turnaround; potential maiden resource next year.
- Near-term catalysts: RC results, stream sediment results around a buried intrusion, metallurgical test work, and a refreshed financing position.
- Operational context: strong relationships with the town of Yellow Pine and the US Forest Service underpin the extended drill season and broader project progress.
Why this matters for shareholders:
The combination of an expanded land package and a longer drill window could accelerate the path to a maiden resource while preserving optionality on tungsten and antimony signals at Golden Gate. Management views the extended season as a way to generate more data with a more efficient RC phase later in the year, helping to de-risk the project and bolster the funding runway.
Timestamps
00:00 Intro and overview
00:34 Land holdings expanded
02:03 Drill programme expansion details
04:32 Forest Service extension and local community relationship
06:34 Core vs RC drilling: QA/QC and cost
08:24 Golden Gate mineralisation: gold with tungsten potential
10:07 Assay turnaround and near-term news
11:16 Key catalysts to watch
12:20 Financing and forward plan
12:49 Maiden resource target and planning
13:45 Summary and next steps
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⚠️ IMPORTANT DISCLAIMER: This content is for educational and entertainment purposes only and should not be considered financial advice. All investments carry risk, including the potential loss of principal. Past performance does not guarantee future results. Always conduct your own research and consider seeking advice from a qualified financial advisor before making investment decisions. The creator may hold positions in securities discussed.
📌 Articles:
https://smallcaps.com.au/resolution-minerals-expands-drilling-at-idahos-horse-heaven-project
https://smallcaps.com.au/resolution-minerals-launches-major-sampling-program-horse-heaven-project
https://smallcaps.com.au/resolution-minerals-raises-horse-heaven-project-expansion
https://smallcaps.com.au/resolution-minerals-hits-high-grade-antimony-silver-gold-horse-heaven-project
https://smallcaps.com.au/resolution-minerals-gold-tungsten-maiden-drilling-golden-gate-target
🔎 More on this company:
https://smallcaps.com.au/stocks/asx-rml/
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