お知らせ • Jan 19
Resolution Minerals Ltd. Provides an Update as It Advances Its Tungsten Exploration and Development Activities At Its Horse Heaven Gold-Antimony-Tungsten-Silver Project in Idaho, Usa
Resolution Minerals Ltd. provided an update as it advances its tungsten exploration and development activities at its Horse Heaven Gold-Antimony-Tungsten-Silver Project ("Horse Heaven") in Idaho, USA. This advancement follows positive evaluation of historical data from the site, discussions with a prior operator of the Golden Gate Tungsten Mine ("Golden Gate") and results from recent drilling. To accelerate these efforts, Resolution Minerals has retained Mr. David R. Hembree, CPG, a former Mine Geologist at Resolution's past-producing Golden Gate Tungsten Mine who is extremely familiar with the tungsten at Golden Gate and a tungsten expert, to accelerate exploration and development activities. This will include analysis of historical tungsten exploration data, ground-based fieldwork, a drill program to commence in June 2026, and metallurgical test work on existing tungsten stockpiles. In parallel, Resolution is acquiring the historic Johnson Creek Mill (the "Acquisition"), which comprises a past-producing processing facility and stockpiles of an estimated 2,000 tonnes of tungsten ore and is located immediately adjacent to Horse Heaven. Ongoing due diligence on the Johnson Creek acquisition is nearing completion. Resolution believes that additional potential exists to expand tungsten mineralisation at and around the historic Golden Gate Tungsten Mine, along strike to the north and south parallel to the north-south oriented Golden Gate Fault and, potentially, at other targets at the Horse Heaven Project. A combination of ground-based exploration, geophysics, historical records and other tools will be used to develop an exploration plan to test these theories. Resolution 100%-owned Horse Heaven Project is located in the Boise National Forest, covering ~ 59km2 of land immediately adjacent to the fully-permitted AUD 5 billion Stibnite Gold Project operated by Perpetua Resources Corp. Tungsten (APT) prices are currently at a record high $900/mtu2 and expected to rise significantly in 2026 on the back of increased global conflict, and rising demand from clean energy and high-tech applications including AI chips and lithium-ion batteries. history of Tungsten Production at Golden Gate1. As announced to the ASX on 31 October 2025, Resolution has entered into a binding agreement to acquire the formerly operational Johnson Creek Tungsten & Antimony Mill, and Antimony Camp properties. This includes approximately 2,000 tons of tungsten ore mined from the Golden Gate Tungsten mine located on the Horse Heaven Project, as well as industrial water rights. The processing mill and stockpiles sit on 15 acres of private land directly adjacent to the Horse Heaven Project. The Acquisition offers RML several potential material strategic advantages including: Private land on which to potentially undertake processing and milling activities; The ownership of private land, which is in short supply locally, offering additional flexibility from a permitting perspective relative to permitting on public lands;. Positive Horse Heaven as a potential U.S. hub for critical metal production; Enables RML to seek partnerships for further downstream integration, such as smelting, refining, and product offtakes for both military and industrial uses; and. Through late 2025 into early 2026, tungsten prices (typically referenced via APT - Ammonium Paratungstate) have remained elevated and relatively firm compared to the long-term average. Tungsten pricing is expected to increase in 2026, driven mainly by: China's export controls; Limited new mine development; and Rising strategic demand, particularly from defence, aerospace, and advanced manufacturing. Tungsten is increasingly becoming a strategic metal rather than a cyclical commodity, with the majority of production and processing currently controlled by China. The broader project, beyond Golden Gate, is a target-rich environment.