Resolution Minerals Launches Maiden Exploration at Horse Heaven Antimony Project in the US
Resolution Minerals (ASX: RML) is planning to undertake ground truthing at its promising Horse Heaven antimony-gold-silver-tungsten project in Idaho, USA.
Horse Heaven has gained significant market attention due to its location adjacent to Perpetua Resources’ Stibnite gold project, at a time when there is growing US investor interest in any potential domestic developers of critical minerals.
Resolution is now set to commence its maiden exploration program at Horse Heaven aimed at confirming its potential.
Expanding Knowledge
The upcoming campaign will include extensive mapping and sampling at the Golden Gate Fault Zone to expand geological knowledge and identify extensions of potential mineralisation to both the north and south of historic drilling.
Resolution also plans to carry out mapping and sampling at Antimony Creek as well as at the Vibeka Creek target area immediately east of Golden Gate.
The program will seek to identify sites for the planned August drill program and othery potential locations for future campaigns.
Key Step Forward
“This maiden exploration program represents a key step forward in progressing our flagship US-focused critical metals development strategy,” chief executive officer-elect for US operations, Craig Lindsay, said.
“The Horse Heaven project boasts a strong historical production legacy, is well-located adjacent to the $3.3 billion Stibnite mine development and represents significant blue-sky potential for investors.”
“Our fieldwork will focus on confirming historical data, assessing the location and state of previous workings, and gaining insight into the broader geological footprint, which is analogous to Perpetua’s stibnite project.”
US Listing Imminent
Resolution Minerals has moved quickly to take advantage of the growing US investor interest in the company by fast-tracking a proposed listing on the US over-the-counter (OTCQB) market.
The company is in the final phase of completing its OTCQB listing following the recent agreement to acquire Horse Heaven.
“Listing on the OTCQB market is a strategic move that aligns with our vision of becoming a globally recognised developer of what we believe will become a major antimony, gold, silver and tungsten deposit in the US,” executive director Aharon Zaetz said.