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Resolution Minerals (ASX:RML) Confirms Gold Discovery at Golden Gate Prospect

3 min read | November 03, 2025 01:09 PM AEDT | By Sonal Goyal

Highlights

  • Resolution Minerals has reported additional broad gold intersections at the Golden Gate Prospect.
  • Drilling results confirmed the discovery status at Golden Gate, wit.
  • Three consecutive diamond drill holes intersected continuous gold mineralisation from surface, with all ending in mineralised zones.
  • The results establish the presence of a large, open‑ended intrusion‑related gold system.
  • The company plans to mobilise an RC drill rig to Golden Gate.

Resolution Minerals Ltd (ASX:RML) (OTCQB:RLMLF) has reported additional  gold intersections from the maiden drilling program at its Golden Gate Prospect, part of the Horse Heaven Project in the USA.

Drilling results have confirmed the discovery status at the Golden Gate target, with three consecutive diamond drill holes intersecting continuous gold mineralisation from surface, and all ending in mineralised zones. The results establish the presence of a large, open-ended intrusion-related gold system. The recent drilling results also indicate that the mineralised system remains open at depth.

Significant Drilling Results

Two of the most recent diamond drill holes returned high-grade results:

  • Hole HH-GG25-003C achieved 253.0 m @ 1.50 g/t Au from surface to 253.0m (open-ended), including 111.9 m @ 2.31 g/t Au from 130.5 m and 18.3 m @ 3.98 g/t Au from 149.4 m (with a peak assay result of 5.91 g/t Au over 1.5 m).
  • Hole HH-GG25-002C delivered 265.2 m @ 0.60 g/t Au from surface to 265.2m (open-ended), including 89.9 m @ 1.15 g/t Au from 121.9 m.

In both holes, the gold mineralisation continues to the end of the hole, meaning it remains open at depth.

Previously reported (in October 2025) hole HH-GG25-001C showed a down hole interval of 189.2 m @ 1.30 g/t Au from 34 m (open-ended), including 12.9 m @ 2.32 g/t Au from 94.4 m and 70.8 m @ 2.24 g/t Au from 128.8 m.

These results highlight the potential for a large, intrusion-hosted gold system featuring geological characteristics, sulphides and alteration patterns comparable to the Stibnite gold-antimony deposit located approximately 16 kilometres away, highlighted the company update.

Plans for Golden Gate

With the discovery confirmed, RML has outlined multiple near-term catalysts:

  • Mobilisation of a RC drill rig to Golden Gate to follow up on these initial results.
  • As previously reported on 28 October 2025, RML is applying for a substantial 50-hole drill permit to follow up on these drill holes (HH-GG25-001C, HH-GG25-002C and HH-GG25-010C).
  • Assay batches from seven additional oriented core holes of the Phase-1 program will be released over the coming months.

Broader Project Developments

Beyond Golden Gate:

  • At the wider Horse Heaven tenure, a stream-sediment sampling campaign is in progress to refine drill targets across the region.
  • The company is seeking a drill permit at Antimony Ridge to explore the deep parts of the known shallow antimony deposits. It also plans to conduct metallurgical testing and studies to characterise the mineralisation.
  • On 31 October 2025, the company announced the acquisition of 25 acres of private land adjoining the project, including an antimony/tungsten processing mill, water rights and stockpiles. The mill, once operational, is expected to make RML one of the few tungsten, gold and antimony companies in the US with its own processing capabilities.

RML shares were trading 2.50% higher at AUD 0.102 per share at the time of writing on 3 November 2025.


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