# RML: Resolution Minerals 2026 Annual Report to Shareholders

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03145837

Publisher: asx

Original announcement: 2026-09-29T22:49:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-29T23:04:34.217Z

Atlas analysis updated: 2026-09-29T23:04:34.217Z

- Company: Resolution Minerals Ltd

- Ticker: RML

- Exchange: ASX

- Region: Idaho, USA

- Primary commodity: Antimony

- Secondary commodities: Gold, Tungsten, Silver

- Document categories: Drill results, Metallurgy, Other

- Extracted: 2026-09-29 23:04:34 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Resolution Minerals Ltd. reported significant progress in its 2026 Annual Report, primarily driven by the acquisition and advancement of the Horse Heaven Project in Idaho, USA. The company made gold and tungsten discoveries with exceptional grade-thickness products, achieved positive metallurgical test results for multiple commodities, and secured A$47.1 million in institutional funding. Despite these operational successes, the company recorded a substantial net loss of A$53.3 million for the year.

Reasoning: Resolution Minerals Ltd's 2026 Annual Report highlights significant operational advancements at its Horse Heaven Project, including gold and tungsten discoveries with exceptional grade-thickness products, positive metallurgical test results for antimony, gold, and tungsten, and substantial capital raises. However, the company reported a significant net loss for the year, and drill results lack true width and cut-off grade disclosure, while metallurgical results are preliminary.

- Positive factor: Major Project Acquisition

- Positive factor: Significant Funding

- Positive factor: Bonanza Intercept

- Positive factor: Continuous Intercept

- Positive factor: New Commodity Discovery

- Positive factor: High Recovery

- Positive factor: Strategic Infrastructure Acquisition

- Positive factor: Non-Core Asset Divestment

- Negative factor: Substantial Net Loss

- Negative factor: Apparent Width Only

- Negative factor: Cut-off Undisclosed

- Negative factor: Bench Scale Only

Facts used in scoring: 24

## Classification and evidence

**Major Project Acquisition**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The company completed the acquisition of 100% ownership interest in the Horse Heaven Project, a significant critical metals and gold project.

Evidence · text

> Resolution completed the acquisition of a 100% ownership interest in the Horse Heaven Project in July 2025

**Significant Funding**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The company secured A$25.1 million and A$20 million institutional placements, providing substantial funding for its critical minerals strategy.

Evidence · text

> A$25.1 million placement in September 2025 and a further A$20 million institutional placement in April 2026

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Drill intercept of 253.0m @ 1.50g/t Au \(including 111.9m @ 2.31g/t Au\) and surface rock chip assays up to 49.8% Sb are exceptionally high-grade.

Evidence · text

> 253.0m @ 1.50g/t Au from surface, including 111.9m @ 2.31g/t Au from 130.5m in HH-GG250-003C; ... rock chip assays of up to 49.8% Sb

**Continuous Intercept**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Multiple drill intercepts reported widths of over 190m, including 253.0m, 197.5m, 265.2m, 240.8m, 283.5m, and 207.2m.

Evidence · text

> 253.0m @ 1.50g/t Au from surface; 197.5m @ 1.26g/t Au from 34.0m; 265.2m @ 0.60g/t Au from surface; 240.8m @ 0.64g/t Au from surface; 283.5m @ 0.36g/t Au from surface; 207.2m @ 0.42g/t Au from surface

**Near Surface**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Several significant gold intercepts were reported from surface, including 253.0m, 265.2m, 240.8m, 283.5m, and 207.2m.

Evidence · text

> 253.0m @ 1.50g/t Au from surface; 265.2m @ 0.60g/t Au from surface; 240.8m @ 0.64g/t Au from surface; 283.5m @ 0.36g/t Au from surface; 207.2m @ 0.42g/t Au from surface

**New Commodity Discovery**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Tungsten mineralization was identified in Phase 2 drilling, including an intercept of 8m @ 0.14% W.

Evidence · text

> Tungsten mineralisation was identified within the Phase 2 drilling program, including an intercept in HH-GG25-012R of 8m @ 0.14% W from 79.3m

**High Recovery**

Polarity: positive

Definition: Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Metallurgical test work achieved high recoveries: 99.5% for antimony sulphides, 95.5% for gold from oxide material, and 75.5% for tungsten.

Evidence · text

> sulphide recoveries of up to 99.5%; gold recoveries of up to 95.5% from oxide material; recoveries of up to 75.5%

**Free Milling**

Polarity: positive

Definition: Simple, clean ore amenable to standard processing without oxidation.

Why it applies: Gold recoveries of up to 95.5% were achieved from oxide material through conventional cyanide leaching, indicating free-milling characteristics.

Evidence · text

> gold recoveries of up to 95.5% from oxide material through conventional cyanide leaching

**Concentrate Grade Improvement**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Preliminary gravity separation test work on tungsten stockpile material produced concentrates grading up to 52.3% WO3, representing a 19-fold upgrade from the original sample grade of 1.85% WO3.

Evidence · text

> produced concentrates grading up to 52.3% WO3, with recoveries of up to 75.5%, representing a 19-fold upgrade from the original stockpile sample grade of 1.85% WO3

**Strategic Infrastructure Acquisition**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The company acquired the Johnson Creek processing site, including historical tungsten stockpiles and associated infrastructure, providing a strategic base of operations.

Evidence · text

> acquisition of approximately 25 acres of private land adjacent to the Project containing the historical Johnson Creek Tungsten and Antimony Mill, associated infrastructure and historical tungsten stockpiles.

**Non-Core Asset Divestment**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The company completed the sale of its non-core 64North Project for US$1.5 million, allowing it to focus capital and management attention on Horse Heaven.

Evidence · text

> Resolution completed the sale of its non-core 64North Project in Alaska to a wholly owned subsidiary of Northern Star Resources Limited for US$1.5 million in cash.

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The IRGS exploration model at Golden Gate North is noted as a direct geologic analogue to the adjacent Stibnite Gold Project operated by Perpetua Resources Corp.

Evidence · text

> this IRGS model is a direct geologic analogue to the Stibnite Gold Project, a recently permitted gold-antimony project located immediately adjacent to Horse Heaven and operated by Perpetua Resources Corp.

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Drill intercepts are given as downhole lengths without true width or drill orientation information.

Evidence · text

> 253.0m @ 1.50g/t Au from surface

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: The document does not disclose the cut-off grades used for reporting drill intercepts.

Evidence · text

> 253.0m @ 1.50g/t Au from surface

**Bench Scale Only**

Polarity: negative

Definition: Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: Metallurgical test work is described as 'initial' and 'preliminary', indicating it is at the bench-scale stage rather than pilot or demonstration scale.

Evidence · text

> Initial metallurgical test work on Golden Gate composite drill core samples; Preliminary gravity separation test work

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: the document describes a flotation route \("flotation"\)

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: the document describes a gravity route \("gravity"\)

**Multi-Domain Tested**

Polarity: positive

Definition: Variability across ore domains \(oxide, transition, fresh\) has been addressed.

Why it applies: 4 distinct composites were tested

## Extracted facts

Stored fact records: 24. Some facts used in scoring do not have a stored record.

## Drill Results (20)

### HH-GG250-003C

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-drill-facts-0)

Golden Gate North · gold

#### Identity

- Hole ID: HH-GG250-003C
- Project: Golden Gate North
- Commodity: gold
- Region: usa\_id
- Reported Region: usa\_id
- Ticker: RML

#### Geometry

- Grade: 1.5
- Grade Unit: g/t
- Intercept: 253 m
- From: 0 m
- To: 253 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: HH-GG250-003C:0-253

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Exceptional grade-thickness product \(379.5 g/t·m\) from surface, indicating significant bulk-tonnage gold mineralization, though average grade is below prior project average. True width and cut-off grade are not disclosed.

- Positive factor: Bonanza Intercept

- Positive factor: Continuous Intercept

- Positive factor: Near Surface

- Negative factor: Apparent Width Only

- Negative factor: Cut-off Undisclosed

Evidence · text

> 253.0m @ 1.50g/t Au from surface, including 111.9m @ 2.31g/t Au from 130.5m in HH-GG250-003C

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### HH-GG250-003C

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-drill-facts-1)

Golden Gate North · gold

#### Identity

- Hole ID: HH-GG250-003C
- Project: Golden Gate North
- Commodity: gold
- Region: usa\_id
- Reported Region: usa\_id
- Ticker: RML

#### Geometry

- Grade: 2.31
- Grade Unit: g/t
- Intercept: 111.9 m
- From: 130.5 m
- To: 242.4 m
- Intercept Depth: 130.5 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: HH-GG250-003C:130.5-242.4

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: High-grade sub-interval \(2.31 g/t Au\) over significant width \(111.9m\) within a broader gold intercept, contributing to a strong grade-thickness product \(258.5 g/t·m\). True width and cut-off grade are not disclosed.

- Positive factor: Bonanza Intercept

- Positive factor: Continuous Intercept

- Negative factor: Apparent Width Only

- Negative factor: Cut-off Undisclosed

Evidence · text

> 111.9m @ 2.31g/t Au from 130.5m in HH-GG250-003C

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### HH-GG25-001C

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-drill-facts-2)

Golden Gate North · gold

#### Identity

- Hole ID: HH-GG25-001C
- Project: Golden Gate North
- Commodity: gold
- Region: usa\_id
- Reported Region: usa\_id
- Ticker: RML

#### Geometry

- Grade: 1.26
- Grade Unit: g/t
- Intercept: 197.5 m
- From: 34 m
- To: 231.5 m
- Intercept Depth: 34 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: HH-GG25-001C:34-231.5

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Broad gold intercept \(197.5m @ 1.26 g/t Au\) from shallow depth, yielding a strong grade-thickness product \(248.85 g/t·m\), indicating significant mineralization. True width and cut-off grade are not disclosed.

- Positive factor: Continuous Intercept

- Negative factor: Apparent Width Only

- Negative factor: Cut-off Undisclosed

Evidence · text

> 197.5m @ 1.26g/t Au from 34.0m in HH-GG25-001C

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### HH-GG25-002C

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-drill-facts-3)

Golden Gate North · gold

#### Identity

- Hole ID: HH-GG25-002C
- Project: Golden Gate North
- Commodity: gold
- Region: usa\_id
- Reported Region: usa\_id
- Ticker: RML

#### Geometry

- Grade: 0.6
- Grade Unit: g/t
- Intercept: 265.2 m
- From: 0 m
- To: 265.2 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: HH-GG25-002C:0-265.2

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Very broad gold intercept \(265.2m @ 0.60 g/t Au\) from surface, yielding a strong grade-thickness product \(159.12 g/t·m\), indicating extensive mineralization. True width and cut-off grade are not disclosed.

- Positive factor: Continuous Intercept

- Positive factor: Near Surface

- Negative factor: Apparent Width Only

- Negative factor: Cut-off Undisclosed

Evidence · text

> 265.2m @ 0.60g/t Au from surface in HH-GG25-002C

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### HH-GG25-004C

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-drill-facts-4)

Golden Gate North · gold

Needs review: ungrounded

#### Identity

- Hole ID: HH-GG25-004C
- Project: Golden Gate North
- Commodity: gold
- Region: usa\_id
- Reported Region: usa\_id
- Ticker: RML

#### Geometry

- Grade: 0.64
- Grade Unit: g/t
- Intercept: 240.8 m
- From: 0 m
- To: 240.8 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: HH-GG25-004C:0-240.8

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Very broad gold intercept \(240.8m @ 0.64 g/t Au\) from surface, yielding a strong grade-thickness product \(154.11 g/t·m\), indicating extensive mineralization. True width and cut-off grade are not disclosed.

- Positive factor: Continuous Intercept

- Positive factor: Near Surface

- Negative factor: Apparent Width Only

- Negative factor: Cut-off Undisclosed

Evidence · text

> 240.8m @ 0.64g/t Au from surface in HH-GG250004Cl

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### HH-GG25-005C

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-drill-facts-5)

Golden Gate North · gold

#### Identity

- Hole ID: HH-GG25-005C
- Project: Golden Gate North
- Commodity: gold
- Region: usa\_id
- Reported Region: usa\_id
- Ticker: RML

#### Geometry

- Grade: 0.36
- Grade Unit: g/t
- Intercept: 283.5 m
- From: 0 m
- To: 283.5 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: HH-GG25-005C:0-283.5

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Extremely broad gold intercept \(283.5m @ 0.36 g/t Au\) from surface, yielding a strong grade-thickness product \(102.06 g/t·m\), indicating very extensive mineralization, though at lower grade. True width and cut-off grade are not disclosed.

- Positive factor: Continuous Intercept

- Positive factor: Near Surface

- Negative factor: Apparent Width Only

- Negative factor: Cut-off Undisclosed

Evidence · text

> 283.5m @ 0.36g/t Au from surface in HH-GG25-005C

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### HH-GG25-007C

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-drill-facts-6)

Golden Gate North · gold

#### Identity

- Hole ID: HH-GG25-007C
- Project: Golden Gate North
- Commodity: gold
- Region: usa\_id
- Reported Region: usa\_id
- Ticker: RML

#### Geometry

- Grade: 0.42
- Grade Unit: g/t
- Intercept: 207.2 m
- From: 0 m
- To: 207.2 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: HH-GG25-007C:0-207.2

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Broad gold intercept \(207.2m @ 0.42 g/t Au\) from surface, yielding a moderate grade-thickness product \(87.02 g/t·m\), indicating extensive mineralization, though at lower grade. True width and cut-off grade are not disclosed.

- Positive factor: Continuous Intercept

- Positive factor: Near Surface

- Negative factor: Apparent Width Only

- Negative factor: Cut-off Undisclosed

Evidence · text

> 207.2m @ 0.42g/t Au from surface in HH-GG25-007C

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### HH-GG25-012R

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-drill-facts-7)

Golden Gate North · tungsten

#### Identity

- Hole ID: HH-GG25-012R
- Project: Golden Gate North
- Commodity: tungsten
- Region: usa\_id
- Reported Region: usa\_id
- Ticker: RML

#### Geometry

- Grade: 0.14
- Grade Unit: %
- Intercept: 8 m
- From: 79.3 m
- To: 87.3 m
- Intercept Depth: 79.3 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: HH-GG25-012R:79.3-87.3

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: First reported tungsten intercept, confirming tungsten mineralization in the system, with a moderate grade-thickness product \(1.12 %·m\). True width and cut-off grade are not disclosed.

- Positive factor: New Commodity Discovery

- Negative factor: Apparent Width Only

- Negative factor: Cut-off Undisclosed

Evidence · text

> 8m @ 0.14% W from 79.3m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### HH-GG25-012R

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-drill-facts-8)

Golden Gate North · gold

#### Identity

- Hole ID: HH-GG25-012R
- Project: Golden Gate North
- Commodity: gold
- Region: usa\_id
- Reported Region: usa\_id
- Ticker: RML

#### Geometry

- Grade: 0.8
- Grade Unit: g/t
- Intercept: 21 m

#### Classification

- Program: exploration
- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Gold mineralization identified alongside tungsten, indicating polymetallic potential, with a moderate grade-thickness product \(16.8 g/t·m\). True width and cut-off grade are not disclosed.

- Positive factor: New Commodity Discovery

- Negative factor: Apparent Width Only

- Negative factor: Cut-off Undisclosed

Evidence · text

> 21m @ 0.80g/t Au

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 10

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-drill-facts-9)

Antimony Ridge · antimony

#### Identity

- Project: Antimony Ridge
- Commodity: antimony
- Region: usa\_id
- Reported Region: Idaho, USA
- Ticker: RML

#### Geometry

- Grade: 49.8
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Exceptional high-grade antimony rock chip assay, indicating significant mineralization.

- Positive factor: Bonanza Intercept

Evidence · text

> up to 49.8% Sb

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 11

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-drill-facts-10)

Antimony Ridge · silver

#### Identity

- Project: Antimony Ridge
- Commodity: silver
- Region: usa\_id
- Reported Region: Idaho, USA
- Ticker: RML

#### Geometry

- Grade: 1.42
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Elevated silver rock chip assay alongside high-grade antimony.

Evidence · text

> 1.420g/t Ag

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 12

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-drill-facts-11)

Antimony Ridge · gold

#### Identity

- Project: Antimony Ridge
- Commodity: gold
- Region: usa\_id
- Reported Region: Idaho, USA
- Ticker: RML

#### Geometry

- Grade: 4.43
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Elevated gold rock chip assay alongside high-grade antimony.

Evidence · text

> 4.43g/t Au

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 13

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-drill-facts-12)

Antimony Ridge · antimony

#### Identity

- Project: Antimony Ridge
- Commodity: antimony
- Region: usa\_id
- Reported Region: Idaho, USA
- Ticker: RML

#### Geometry

- Grade: 31.7
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: High-grade antimony from massive stibnite samples, confirming significant mineralization.

- Positive factor: Bonanza Intercept

Evidence · text

> grades ranging from 31.7% to 48.7% Sb

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 14

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-drill-facts-13)

Antimony Ridge · antimony

#### Identity

- Project: Antimony Ridge
- Commodity: antimony
- Region: usa\_id
- Reported Region: Idaho, USA
- Ticker: RML

#### Geometry

- Grade: 48.7
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: High-grade antimony from massive stibnite samples, confirming significant mineralization.

- Positive factor: Bonanza Intercept

Evidence · text

> grades ranging from 31.7% to 48.7% Sb

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 15

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-drill-facts-18)

#### Identity

- Ticker: RML

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Substantial institutional placement providing funds for project advancement.

- Positive factor: Significant Funding

Evidence · text

> A$25.1 million placement in September 2025

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 16

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-drill-facts-19)

#### Identity

- Ticker: RML

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Strategic placement from Tribeca Investment Partners.

- Positive factor: Strategic Investment

Evidence · text

> A$2 million strategic placement to Tribeca Investment Partners in October 2025

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 17

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-drill-facts-20)

#### Identity

- Ticker: RML

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Further institutional placement with cornerstone investors, accelerating project activities.

- Positive factor: Significant Funding

- Positive factor: Cornerstone Investor

Evidence · text

> A$20 million institutional placement, cornerstoned by Tribeca Investment Partners and L1 Capital Global Opportunities Master Fund

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 18

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-drill-facts-21)

Horse Heaven

#### Identity

- Project: Horse Heaven
- Region: usa\_id
- Reported Region: Idaho, USA
- Ticker: RML

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Completion of the acquisition of a significant critical minerals and gold project.

- Positive factor: Major Project Acquisition

Evidence · text

> Resolution completed the acquisition of a 100% ownership interest in the Horse Heaven Project in July 2025

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 19

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-drill-facts-22)

Horse Heaven

#### Identity

- Project: Horse Heaven
- Region: usa\_id
- Reported Region: Idaho, USA
- Ticker: RML

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Acquisition of key processing infrastructure and historical stockpiles, enhancing project value.

- Positive factor: Strategic Infrastructure Acquisition

Evidence · text

> acquisition of approximately 25 acres of private land adjacent to the Project containing the historical Johnson Creek Tungsten and Antimony Mill, associated infrastructure and historical tungsten stockpiles. The acquisition was completed in March 2026

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "acquisition of approximately 25 acres of private land adjacent to the Project containing the historical Johnson Creek Tu"

### Fact 20

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-drill-facts-23)

64North Project

#### Identity

- Project: 64North Project
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: RML

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Sale of non-core asset to focus capital and management on Horse Heaven.

- Positive factor: Non-Core Asset Divestment

Evidence · text

> Resolution completed the sale of its non-core 64North Project in Alaska to a wholly owned subsidiary of Northern Star Resources Limited for US$1.5 million in cash. The divestment enabled the Company to monetise a non-core asset and direct additional capital and management attention toward Horse Heaven.

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## Metallurgical Results (4)

### flotation

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-metallurgical-facts-14)

Antimony Ridge · antimony

#### Identity

- Project: Antimony Ridge
- Commodity: antimony
- Region: usa\_id
- Reported Region: Idaho, USA
- Ticker: RML

#### Test Work

- Program Status: preliminary
- Test Type: flotation
- Processing Route: flotation
- Sample: lower-grade material

#### Recovery

- Recovery: 99.5 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Exceptional antimony sulphide recovery \(99.5%\) via flotation, indicating a viable processing pathway, though from preliminary bench-scale test work.

- Positive factor: High Recovery

- Negative factor: Bench Scale Only

Evidence · text

> sulphide recoveries of up to 99.5%

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

### cyanide\_leaching

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-metallurgical-facts-15)

Golden Gate · gold

#### Identity

- Project: Golden Gate
- Commodity: gold
- Region: usa\_id
- Reported Region: Idaho, USA
- Ticker: RML

#### Test Work

- Program Status: preliminary
- Test Type: cyanide\_leaching
- Processing Route: conventional cyanide leaching
- Sample: oxide material

#### Recovery

- Recovery: 95.5 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Excellent gold recovery \(95.5%\) from oxide material using conventional cyanide leaching, indicating free-milling characteristics, though from preliminary bench-scale test work.

- Positive factor: High Recovery

- Positive factor: Free Milling

- Negative factor: Bench Scale Only

Evidence · text

> gold recoveries of up to 95.5% from oxide material through conventional cyanide leaching

#### Tags used in scoring

**High Recovery**

Polarity: positive

Definition: Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 95.5% is at or above the exceptional band \(95%\)

### flotation

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-metallurgical-facts-16)

Golden Gate · gold

#### Identity

- Project: Golden Gate
- Commodity: gold
- Region: usa\_id
- Reported Region: Idaho, USA
- Ticker: RML

#### Test Work

- Program Status: preliminary
- Test Type: flotation
- Processing Route: flotation
- Sample: sulphide material

#### Recovery

- Recovery: 88.7 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Good gold recovery \(88.7%\) from sulphide material via flotation, though from preliminary bench-scale test work.

- Negative factor: Bench Scale Only

Evidence · text

> up to 88.7% from sulphide material through flotation

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

### gravity\_separation

[Link to this fact](https://atlas-staging.minestarters.com/news/rml-resolution-minerals-2026-annual-report-to-shareholders--6b8c402b-7d77-4850-8fe6-eac1ad3c5bd7#fact-metallurgical-facts-17)

Johnson Creek · tungsten

#### Identity

- Project: Johnson Creek
- Commodity: tungsten
- Region: usa\_id
- Reported Region: Idaho, USA
- Ticker: RML

#### Test Work

- Program Status: preliminary
- Test Type: gravity\_separation
- Processing Route: gravity separation
- Sample: historical tungsten stockpile material

#### Recovery

- Recovery: 75.5 %
- Recovery Basis: actual\_test
- Head Grade: 1.85
- Head Grade Unit: % WO3
- Conc. Grade: 52.3
- Conc. Grade Unit: % WO3

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Strong tungsten recovery \(75.5%\) and significant upgrade to concentrate grade \(19-fold to 52.3% WO3\) from historical stockpiles, though from preliminary bench-scale test work.

- Positive factor: High Recovery

- Positive factor: Concentrate Grade Improvement

- Negative factor: Bench Scale Only

Evidence · text

> concentrates grading up to 52.3% WO3, with recoveries of up to 75.5%, representing a 19-fold upgrade from the original stockpile sample grade of 1.85% WO3

#### Tags used in scoring

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: processing\_route matches the gravity signal

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.