Resolution’s Upcoming Diamond Drill Program to Test Scale of Golden Gate System

Why It Matters

Defining the size of the Golden Gate system could add a multi‑million‑ounce resource, elevating Resolution’s valuation and strengthening its position in the fast‑growing U.S. gold sector.

Key Takeaways

• 45-hole, 13,700 m drill program begins May 2026.
• Targets Golden Gate North (40%) and South (60%) extensions.
• Phase 1 delivered >250 m @ 1.5 g/t gold intercept.
• Program aims for maiden JORC resource by Q1 2027.
• Adjacent to Perpetua’s permitted Stibnite gold project.

Pulse Analysis

Resolution Minerals’ next‑generation drill campaign reflects a broader trend of junior explorers leveraging high‑grade, multi‑metal targets to unlock value in the western United States. The Horse Heaven project sits on a 59‑km² tract within the Boise National Forest, where the Golden Gate system has already demonstrated extensive gold mineralisation and associated tungsten. By expanding the drilling footprint, Resolution aims to map the three‑dimensional geometry of the ore body, a critical step for converting historic drill results into a robust, JORC‑compliant resource.

The Phase 2 plan is strategically split, with 60% of the 13,700 m dedicated to Golden Gate South, where recent holes revealed near‑surface, oxidised gold intervals extending eastward. The remaining 40% focuses on Golden Gate North, employing infill and step‑out holes to test continuity and depth, including a notable 189.2 m interval grading 1.3 g/t Au. Tungsten mineralisation, linked to historic mine workings, adds a by‑product upside and diversifies the project’s economics. Proximity to Perpetua Resources’ fully permitted Stibnite project could enable future infrastructure sharing or joint‑venture opportunities.

If the drill results confirm the inferred extensions, Resolution could announce a maiden resource that positions the company among the leading U.S. gold explorers. Such a development would likely attract institutional capital, improve financing flexibility, and accelerate downstream activities like metallurgical testing and environmental permitting. Moreover, a sizable resource would enhance Idaho’s profile as a gold‑rich jurisdiction, potentially prompting further exploration investment in adjacent districts.