Resolution on First Hole in Campaign to Define Scale of Golden Gate Tungsten and Gold

Why It Matters

Defining the scale of gold and tungsten at Golden Gate could unlock a multi‑metal resource, boosting Resolution’s valuation and supplying critical tungsten for defense and tech sectors. Successful resource definition also positions the company to attract financing and partnerships in a market hungry for domestic critical minerals.

Key Takeaways

• First 13,700 m core drill program launched at Golden Gate.
• Drilling targets up to 45 holes to map gold and tungsten.
• High-grade assays: 189.2 m @ 1.30 g/t Au and 265 m @ 0.60 g/t Au.
• Direct leach tests achieved ~95% gold recovery on oxide feed.

Pulse Analysis

The launch of Resolution Minerals’ 13,700‑meter core drilling campaign marks a pivotal step toward quantifying the gold‑tungsten potential of Idaho’s Golden Gate project. By spacing up to 45 strategically placed holes, the company aims to map the continuity of historic tungsten veins and the newly identified gold‑rich zones, data essential for a credible maiden resource estimate. Early assay highlights—such as 189.2 metres at 1.30 g/t Au and a broader 265‑metre interval at 0.60 g/t Au—signal a sizable, near‑surface deposit that could be economically extracted.

Beyond the geological upside, the program dovetails with growing U.S. demand for domestic critical minerals. Tungsten, a metal vital for aerospace, defense, and advanced electronics, has faced supply constraints as geopolitical tensions limit imports. A confirmed tungsten resource at Golden Gate would not only diversify supply chains but also position Resolution as a strategic partner for manufacturers seeking secure sourcing. Simultaneously, the gold component offers a cash‑flow buffer, especially valuable in a market where gold prices remain buoyant amid inflation concerns.

Laboratory work reinforces the project's commercial promise. Direct cyanide leach tests on oxide material achieved 94‑95% recovery, while flotation trials on sulphide feed demonstrated up to 88.7% gold recovery with concentrate grades exceeding 40 g/t Au under optimal grind sizes. Ongoing reagent optimisation aims to lift both grade and recovery, potentially lowering processing costs and enhancing project economics. Collectively, these technical advances suggest that, if the drilling confirms the inferred mineralisation, Golden Gate could evolve into a low‑cost, multi‑metal operation attractive to both equity investors and strategic off‑takers.