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 program aims to define the scale of gold mineralization at the Golden Gate system,
following successful results from the 2025 campaign. The drilling will cover up to 45,000 feet across 45 holes, testing both strike and depth extensions of mineralization. The initiative is part of the company's strategy to advance towards a maiden Mineral Resource Estimate by Q1 2027. The project also targets associated tungsten mineralization, highlighting its multi-commodity potential.
Why It's Important?
The drilling program is crucial for Resolution Minerals as it seeks to establish a comprehensive understanding of the Golden Gate system's mineralization. Success in this endeavor could significantly enhance the project's value and attract further investment. The focus on both gold and tungsten mineralization is strategically relevant, given the tightening supply for these commodities. The project is located near the Stibnite Gold Project, one of the largest undeveloped gold deposits in the U.S., which adds to its strategic importance. Positive outcomes from the drilling could bolster Resolution Minerals' position in the mining industry and contribute to the local economy.
What's Next?
The Phase 2 drilling program is scheduled to begin in May 2026 and continue through mid-August. Resolution Minerals plans to utilize two MP1500 core diamond drill rigs for the operation. 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 activities aim to define the overall scale and continuity of the Golden Gate system, potentially leading to a maiden JORC-compliant Mineral Resource Estimate.
