RESOLUTION MINERALS LTD (ASX: RML)Up 133% (1.8c – 4.2c)Runner-up Runner of the Week is critical minerals maverick Resolution Minerals, which stormed the boards after snapping up the Horse Heaven polymetallic project in Idaho, reflecting the market’s love affair with gold and antimony - this time in the Trump tariff-free United States.Resolution’s latest pickup has a cocktail of critical minerals and precious metals, and is regarded as prospective for antimony, gold, tungsten and silver. The project is snugly next to a recent US executive order benefactor in Perpetua Resources’ $2 billion Stibnite gold-antimony mine - the US’s biggest known antimony stash.The company boasts its latest foray has two red-hot prospects in the 1.2-kilometre Antimony Ridge Fault zone and the 3.5km Golden Gate Fault zone.The project packs a non-JORC compliant resource of 7.25 million tonnes at 0.93 grams per tonne (g/t) for 216,000 ounces of gold at Golden Gate Hill, and a further 3.17Mt at 0.69g/t for 70,000 ounces at Antimony Hill.Historical drilling has dished up promising chunky intersections, including 85.34m at 0.94g/t gold and rock chips peaking at 3.68g/t gold, 367g/t silver and 19.15 per cent antimony.The project was accompanied by a handy $1.9M capital raising at 1.3c per share through Oakley Capital, which pocketed the industry-standard 6 per cent raising fee, plus 69M shares and 72M options for facilitating the deal. The ‘free’ shares alone were worth a hefty $897,000 at the raise price.The market didn’t bat an eyelid, sending the company’s share price soaring 28 per cent when trade resumed on Wednesday morning. It then got the ball seriously rolling, peaking at 4.2c on Friday - up 133 per cent from last week - with about $10M in stock trading hands.Hot on the heels of its Runners bronze place finish for its Aussie antimony-gold projects earlier this year, Resolution snagged silver this week thanks to the tariff-war darlings of antimony and tungsten.Perhaps Resolution’s US critical minerals gamble will one day earn it a gold medal, but this week the real winners were Icetana and the good people at Oakley Capital. Bulls and Bears article
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RESOLUTION MINERALS LTD (ASX: RML)Up 133% (1.8c – 4.2c)Runner-up...
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Last
3.5¢ |
Change
0.001(2.94%) |
Mkt cap ! $18.84M |
Open | High | Low | Value | Volume |
3.7¢ | 4.2¢ | 3.2¢ | $2.565M | 69.04M |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 880001 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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3.5¢ | 1575734 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 250000 | 0.033 |
4 | 36500 | 0.032 |
2 | 149130 | 0.031 |
9 | 576999 | 0.030 |
5 | 452758 | 0.029 |
Price($) | Vol. | No. |
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0.035 | 1575734 | 1 |
0.036 | 83300 | 1 |
0.037 | 624522 | 2 |
0.038 | 1087743 | 6 |
0.039 | 1700000 | 3 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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RML (ASX) Chart |