Resolution Minerals Finalises OTCQB Listing to Boost Horse Heaven Project Funding
Resolution Minerals’ (ASX: RML) move to seek additional US funding to support its Horse Heaven project in Idaho has achieved a key milestone with the company successfully finalising its OTCQB market listing.
The listing comes with Horse Heaven gaining significant market attention due to its location adjacent to Perpetua Resources’ $3 billion Stibnite mine, at a time when there is growing North American investor interest in domestic developers of critical minerals.
Resolution is now trading on the premium tier of the US OTC markets under the ticker symbol RLMLF.
Proven Mining Market
Resolution sees the OTCQB as a proven market for miners and producers of critical minerals in the US, with companies including MP Materials, Perpetua Resources, Critical Metals Corp and NioCorp Developments listed there.
The increased exposure also improves Resolution’s access to US Department of Defense (DoD) funding opportunities and inclusion in fast-track permitting initiatives for critical minerals projects.
The successful listing comes just over a month since Resolution finalised the Horse Heaven acquisition, and within days of the company beginning its planned Phase 1drilling program at the project.
Gold and Tungsten
A historical producer of highly sought after antimony, Horse Heaven also contains gold, tungsten and silver mineralisation in two known highly prospective corridors.
The company has also identified further potential in several emerging targets that include past-producing antimony and tungsten mines.
The upcoming Phase 1 program features 3,000 metres of diamond core drilling over approximately nine holes with an average target depth of 300m per hole, with potential to expand the drill program to 6,000m.
Historical Targets
Resolution is aiming to confirm historic shallow drilling results at the Golden Gate prospect and test mineralisation at depth and along strike.
The company will primarily focus on gold and tungsten in the Phase 1 program along an existing road at Golden Gate, but is also seeking to intercept an antimony anomaly that runs parallel to known gold mineralisation.
Resolution is also considering undertaking a stream sediment sampling program to the east of Golden Gate in September and October 2025.