Resolution Minerals Sees Promising Signs of Gold and Tungsten at Horse Heaven’s Golden Gate Target

Resolution Minerals (ASX: RML) is off to a promising start in a maiden diamond core drill program at the Golden Gate target within its Horse Heaven gold-antimony-tungsten-silver project in the USA.

The first four holes Resolution has drilled at Golden Gate have returned encouraging signs for the presence of gold and tungsten, while the company also reported visual mineralisation in the first three drill holes.

Resolution has completed four holes for 960 metres of a planned, 3,000m Phase 1 program that might involve as many as 10 holes, and is currently drilling the fifth in an area that was a tungsten producer for the US government in the 1950s.

Historical Shallow Drilling

The aim of the Phase 1 drill program at Horse Heaven is to confirm historical shallow drilling results and expand the mineralised footprint at Golden Gate.

Resolution has observed tungsten mineralisation, occurring as scheelite, by using a shortwave/longwave UV lamp in sections of core from drill holes.

Assays for antimony and tungsten – which prior drilling did not include – will be a part of future results, and the program will also look to confirm prior gold and silver assays.

“What is exciting is that this target is only a postage stamp size in a much larger project,” chief executive officer of US operations Craig Lindsay said.

Similar Stibnite Geology

On the advice of local technical experts, Resolution’s geological team believes that the mineralisation and vein textures in three holes at Golden Gate are very similar to the nearby Stibnite gold-antimony mine.

Drill core from Golden Gate also shows the presence of quartz veins and fine-grained sulphides in a sheared fault gouge, with oxidisation to a distance of 70-90 meters down-hole, or between approximately 40-50m vertical depth from surface.

Resolution now plans to conduct multi-element assay tests for targeted intervals of drill holes for the current program, and is now considering various options, subject to securing a second drill rig, to complete this round of drilling by 1 October.