What's Happening?
Resolution Minerals Ltd has announced the commencement of a significant Phase 2 drilling program at its Horse Heaven Gold-Antimony-Tungsten-Silver Project in Idaho, USA. The initiative aims to define the scale of gold mineralization at the Golden Gate
system. The program will involve up to 45,000 feet of diamond drilling across 45 holes, marking a substantial increase from the company's previous 2025 campaign. The drilling will target both strike and depth extensions of mineralization at Golden Gate North and South, with the goal of advancing towards a maiden Mineral Resource Estimate by Q1 2027. The project also aims to explore associated tungsten mineralization, enhancing its multi-commodity potential amid tightening supply for antimony and tungsten.
Why It's Important?
This drilling program is crucial as it seeks to establish the Horse Heaven Project as a significant source of gold and tungsten, commodities that are strategically important due to their industrial applications and current supply constraints. The success of this program could position Resolution Minerals as a key player in the U.S. mining sector, potentially contributing to domestic resource security. The project's proximity to the Stibnite Gold Project, one of the largest undeveloped gold deposits in the U.S., underscores its strategic importance. The outcomes of this drilling could influence market dynamics for gold and tungsten, impacting stakeholders ranging from investors to industries reliant on these materials.
What's Next?
The drilling is scheduled to begin in early May 2026 and continue through mid-August. Resolution Minerals plans to use two MP1500 core diamond drill rigs for this phase. The company anticipates a steady flow of results, which will support ongoing geological interpretation and further drilling efforts. The broader 2026 field program will include step-out drilling along strike, deeper drilling to test extensions at depth, and continued geological logging, sampling, and metallurgical test work. These efforts aim to define the overall scale and continuity of the Golden Gate system, potentially leading to a JORC-compliant Mineral Resource Estimate.
