Resolution Minerals (ASX:RML) Finalises Idaho Mill Acquisition to Accelerate U.S. Critical Minerals Plans

2 min read | March 02, 2026 12:23 PM AEDT | By Sonal Goyal

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Resolution Minerals (ASX:RML) Finalises Idaho Mill Acquisition to Accelerate U.S. Critical Minerals Plans — Image source: Company update

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Highlights

Resolution Minerals has finalised the acquisition of the Johnson Creek processing mill and adjacent tungsten stockpiles in Idaho.

The deal provides immediate access to processing infrastructure, water rights and a 25-acre operational site next to the Horse Heaven Project.

Exploration plans will target extensions of tungsten mineralisation around the historic Golden Gate Mine area.

Metallurgical studies, mill refurbishment reviews and permitting work are advancing alongside strategic partnership and offtake discussions.

Resolution Minerals Ltd (ASX:RML) (OTCQB:RLMLF) has completed the acquisition of the Johnson Creek Tungsten & Antimony Mill and tungsten ore stockpiles in Idaho, marking a significant development in its strategy to position itself as a US-focused critical minerals company with in-house exposure to gold, tungsten and antimony.

These assets are located adjacent to the company’s 100%-owned Horse Heaven Project.

Acquisition Secures Processing Footprint in Idaho

Data source: Company update

The two historical tungsten ore stockpiles are estimated at 2,000 tonnes, though this figure remains a non-JORC compliant historical and foreign estimate. Until a Competent Person completes further evaluation, this tonnage cannot be officially classified as a resource or reserve, highlighted the company update.

Strategic Significance of the Acquisition

Data source: Company update

Furthermore, the company believes that there are additional opportunities to extend known tungsten mineralisation in and around the historic Golden Gate Tungsten Mine. To evaluate the potential areas, the company plans to integrate ground-based exploration, geophysical surveys, analysis of historical data and other technical assessment methods to design and implement a structured exploration program.

Exploration and Development Plans Underway

The company has retained former Golden Gate Mine geologist David R. Hembree, CPG, to help drive the next phase of exploration and development activities. Upcoming work will focus on metallurgical testing on existing tungsten stockpiles and processing studies, alongside detailed engineering reviews and refurbishment assessments. The company will also advance permitting and development pathways, assess the near-term processing potential of existing tungsten stockpiles, and continue discussions aimed at establishing strategic partnerships and potential offtake agreements.

A drill program is expected to begin in the second quarter of 2026.

RML Share Performance

RML shares were trading 8.75% higher at AUD 0.043 per share at the time of writing on 2 March 2026. In a year, RML’s share price has surged 340%.

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