Resolution Minerals Reports Q1 FY26 Activities and Financials
Key points
- Resolution secured FAST-41 status for Antimony Ridge and Golden Gate projects
- Successful production of high-purity antimony trioxide
- Commenced Phase 2 drilling at Golden Gate
- Completed A$20 million capital raising
- Appointed Brett Lynch as Non-Executive Director
Full summary
Resolution Minerals Ltd. reported significant progress on its Horse Heaven Project in Idaho, USA, during the quarter ended 30 June 2026. The company secured FAST-41 Transparency Coverage for both Antimony Ridge and Golden Gate projects, which is expected to expedite permitting and streamline regulatory processes. Additionally, Resolution achieved a milestone with the successful production of an intermediate antimony trioxide product with a purity of 99.38 wt% Sb2O3 from historical stibnite material sourced from Antimony Ridge. The company also commenced its Phase 2 drilling campaign at Golden Gate, with up to 13,700 meters of diamond drilling planned. Resolution completed a strongly supported A$20 million institutional placement and appointed Brett Lynch as Non-Executive Director, enhancing the company's strategic position and institutional relationships.
Outlook
Resolution Minerals anticipates continued progress in advancing its Horse Heaven Project, with a focus on exploration, permitting, and metallurgical studies to support potential downstream processing opportunities.
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