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 [...]
Resolution Minerals Ltd. has added nineteen new State of Alaska Mining Claims expanding the footprint of the East Pogo Block, 64North Project on the eastern edge. Summary - The intensive 2020 exploration work on the East Pogo Block has identified targets along-strike from historic high-grade gold drill intercepts at the Boundary Prospect and additional large scale, high priority targets to the south and south-west. - An [...]
Resolution Minerals Ltd. announce that the drilling of Holes #8 and #9 has been completed at the "Central Zone" of the Aurora Prospect adjacent to the world-class, high-grade Pogo Gold Mine Summary - Drilling targeted the extensions of the shallow dipping Pogo-style 7m thick quartz vein intersected on hole #7 drilling pierce points up-dip and along-strike with step-outs of 100m and 200m - Zones of quartz veining and [...]
Resolution Minerals provides the Managing Director's presentation focussing on exploration for Gold and Copper of significant scale potential in top tier jurisdictions. Resolution's Flagship Gold Project, the 64North Project, is in the Tintina Gold Province Alaska and home to Giant Gold Deposits. Currently the company is drilling next to Northern Star's Pogo Gold Mine on the Aurora Prospect, following up on a recent 7m [...]
Resolution Minerals Ltd. advises that the Company's project partner at the 64North Project in Alaska, Millrock Resources Inc, has released a market update. The update is summarised below: - Planned 2 holes totalling 1,100 metres to close out the final phase of drilling in the 2020 program. Both holes following up the 7m thick quartz vein intersected at the Aurora Prospect drill hole 20AU07 . - The first hole, which is [...]
The 2020 Noosa Mining & Exploration Investor Conference provides an opportunity for investors to see a snapshot of Resolution Minerals Ltd.'s flagship 64North gold Project in Alaska and Resolution's 2nd major project, the Wollogorang copper Project in the Northern Territory, Australia. Resolution Minerals' own Managing Director, Duncan Chessell presentation is titled, "Hunting Big Targets, in Big Country! Gold in Alaska [...]
The annual Alaska Miners Association Convention provides an opportunity to take a closer look at the technical aspects of the 64North Project from a geologist's perspective. Resolution Minerals Ltd.'s own Exploration Manager, Christine Lawley presented her technical paper titled, "64North Project - First Year Exploration Highlights from an Emerging Gold Camp!" at the AMA Convention overnight in Alaska. The 30 minute video [...]