Resolution Minerals Ltd (ASX: RML | OTCQB: RLMLF) confirms a major new gold discovery at Golden Gate South 🟡⛏️
Resolution Minerals has announced a significant new gold discovery at Golden Gate South, extending the Golden Gate system to more than 1.5km of strike at its 100%-owned Horse Heaven Project in Idaho, USA. First-pass drilling has confirmed broad, near-surface gold mineralisation, with all reported holes ending in mineralisation, highlighting strong depth and strike potential.
New gold discovery at Golden Gate South, ~600m south of Golden Gate North
Broad intercepts from surface in maiden drilling
Identification of a second gold-bearing shear zone (Vibika Shear Zone)
Mineralisation open along strike and at depth
Multi-commodity upside with gold, tungsten and silver
Golden Gate system now extends beyond 1.5km strike length
📈 Market Reaction Shares jumped +12.77% on the announcement, reflecting growing investor confidence in the expanding Golden Gate system.
Market Capitalisation: ~$107.0M
🔍 Why It Matters This discovery transforms Horse Heaven into a district-scale gold system, strengthening the case for a future maiden JORC resource and positioning Resolution Minerals as an emerging US-focused gold and critical minerals developer.
🔗 Read more in the full announcement: https://colitco.com/resolution-minerals-golden-gate-discovery-colitco/
⚠️ This is not an investment advise, please do your own research for any investment decisions.