Resolution Minerals Ltd. provide the Quarterly Activities and Cashflow Report 31 March 2021. Highlights - Positive assay results from trenching in 2020 at the Sunrise Prospect 64North Project Alaska, demonstrates the potential for a Fort Knox style mineral system - Follow up drilling program at the Sunrise Prospect o A 1400m long "fence line" of 27 shallow RAB drill holes at Sunrise Gold Prospect was completed in April [...]
Resolution Minerals Ltd. is pleased to announce it has entered into an At-the-Market Subscription Agreement with Acuity Capital. The ATM provides RML with up to $3 million of working capital and standby equity capital over the coming 32-month period. The facility, if utilised, would allow existing funds to be focussed on exploration. Importantly, RML retains full control of all aspects of the subscription process: having [...]
Resolution Minerals Ltd. is pleased to announce that it has completed the Company's first drilling program on the Sunrise Gold Prospect at the 64North Project in Alaska. Drilling was conducted along an existing access road, targeting outcropping granite hosted mineralisation, analogous in style to Kinross's Fort Knox Gold Mine, which is one of Alaska's most profitable mines. The Sunrise Prospect was identified in 2020 by [...]
Resolution Minerals Ltd. is pleased to announce that it has commenced drilling on the Sunrise Gold Prospect at the 64North Project. The maiden drilling program on this prospect is along an existing access road, targeting outcropping mineralisation and is located less than 5km from Northern Star's operating world-class Pogo Gold Mine. Summary: - Drilling has commenced on a 40 hole, 3000 metre shallow RAB drilling program [...]
Resolution Minerals Ltd. is pleased to provide investors with the opportunity to attend virtually or in person, the upcoming Australian Energy & Minerals Investor Conference Presentation by Managing Director Duncan Chessell on Thursday 18 March 2021 at 10am in Brisbane. Conference online registration and program details: https://www.australianenergyconference.com.au The presentation will cover plans for drilling at the [...]
Resolution Minerals Ltd. is pleased to provide investors with the opportunity to catch up on yesterday's Webinar and Presentation by Managing Director, Duncan Chessell. The call provided more details on the recent placement, as well as plans for drilling at the 64North Project in Alaska and the Wollogorang Copper-Cobalt Project in the Northern Territory. To view the webinar, please visit [...]
Resolution Minerals Ltd. is pleased to announce it has received firm commitments for a placement of fully paid ordinary shares in the Company to sophisticated investors to raise a total of $3.25 million at an issue price of $0.028 per Share to progress the Company's gold 64North Project in Alaska and the Company's copper-cobalt projects in Australia at the Wollogorang and Benmara Projects in the Northern Territory [...]
Resolution Minerals Ltd. executed an Option, Earn-in and Joint Venture agreement on 17 October 2019 as Northern Cobalt Ltd with Millrock Resources Inc . Change Fee As a change fee to the terms of the original agreement Resolution will issue Millrock 15 million Resolution Minerals Ltd. shares as consideration within 20 business days under RML's existing 7.1 placement capacity. Updated Terms of the Option, Earn-in & Joint [...]
Resolution Minerals Ltd. locked in a 30% interest in the 64North Project by successfully completing the Stage 1 expenditure requirements and issuing 10m shares and US$50,000 cash to Millrock . The Company has taken charge as Operator of the 64North Project Alaska removing the requirement to pay the 8% Operator fee to Millrock which totalled US$480K in 2019-20. The Company has appointed Ms Rebecca Gower as VP Exploration [...]
Resolution Minerals Ltd. executed an Option, Earn-in and Joint Venture agreement on 17 October 2019 as Northern Cobalt Ltd with Millrock Resources Inc. Millrock is an Alaskan based project generator company listed on the TSX-V as MRO. Updated Terms of the Option, Earn-in & Joint Venture agreement to earn up to an 60% on the entire project and an 80% interest on a single "best block" include: RML Current Interest in the [...]
Resolution Minerals Ltd. continues to hunt for big scale gold and copper targets in big country in 2021 - Alaska and the Northern Territory. Executive Summary 1. Extensive outcropping gold system, Sunrise Prospect, returns 93m @ 0.29 g/t Au in surface trenching. 2. Shallow RAB drilling can commence in March on the road-accessible fully permitted Sunrise Prospect. 3. Aurora Prospect drilling intersected multiple quartz [...]
Resolution Minerals Ltd. is pleased to announce that it has signed a binding term sheet with Strategic Energy Resources Ltd. as an Option to Purchase a 100% interest in EL32228 which covers approximately 663km2 in the NT on Benmara Station . Upon completion, Resolution will hold a 100% unencumbered interest in the Tenement. Binding term sheet to acquire 100% of Benmara Project covering 663km2 along-strike from the Walford [...]