Resolution Minerals Hits 324m of Gold at Golden Gate North, Extends Zone 500m
RML is trading near its 52-week low of $3.8 (0.5% above the low) on light trading volume (0.2× avg).
Summary
Resolution Minerals reported assays from three Golden Gate North holes confirming a gold zone at least 500m long, including 324m @ 0.49 g/t Au from surface. Assays for over 32 holes are still pending.
Key Events · Product Development and Regulatory · RML
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Three Holes Confirm Wide Gold Zone
HH-GG26-032C returned 324m @ 0.49 g/t Au from surface and HH-GG26-031C returned 322m @ 0.37 g/t Au from surface, with best intervals of 92.4m @ 0.54 g/t Au and 30.8m @ 0.88 g/t Au respectively.
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Zone Extended 500m Along Strike
HH-GG26-039C, drilled almost 500m north of the other two holes, returned 134.2m @ 0.40 g/t Au from surface, confirming a mineralised zone at least 500m long, ~200m wide and ~300m deep, open in both directions.
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32 Holes Still Awaiting Assays
The 2026 program is complete at 42 diamond core holes for 12,236m; assays are incomplete for over 32 holes across Golden Gate North and South, and initial tungsten assays are pending.
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2027 Program Being Permitted
Planned 2027 drilling, currently being permitted, will test a 2,000m corridor connecting Golden Gate North and South plus open-ended mineralisation north of Golden Gate North.
Analysis · RML · Energy & Transportation
Three new holes confirm a wide, near-continuous gold system at Golden Gate North: 324m @ 0.49 g/t Au and 322m @ 0.37 g/t Au from surface, plus 134.2m @ 0.40 g/t Au in a hole drilled almost 500m further north. That last hole is the key point — it shows the mineralised zone runs at least 500m along strike and remains open in both directions, roughly 200m wide and 300m deep. Grades are modest (mostly 0.4-0.5 g/t), so this is a scale story rather than a high-grade one, and the company has not defined a resource. With 32 of 42 holes still awaiting assays, plus tungsten results pending, the news flow continues. Against a backdrop where the company reported a A$53.3M FY26 loss and a going concern material uncertainty on 2026-09-30, continued exploration success is what supports the equity story — but it does not by itself fix the funding position.
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At the time of this filing, RML was trading at $3.82 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $54.6M. The 52-week trading range was $3.80 to $14.75. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.