Horse Heaven drilling hints at big gold potential for Resolution Minerals
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In this ASX small-cap analysis, James Whelan sits down with Craig Lindsay, head of US operations for Resolution Minerals (RML.ASX), to unpack the latest drill news from the Horse Heaven project in Idaho and what it could mean for the company’s growth. This episode is filmed in a Lunch with the Boss format, bringing readers close to the people shaping the story and the moves behind a US-facing strategy.
What you’ll learn from this video: - The four-hole, ~1,000m drill program at Horse Heaven has begun, with holes deepening through the oxide-sulfide boundary—a zone that hasn’t been drilled deeply before. - The Golden Gate target shows potential to host a multi-million-ounce resource given the historic gold endowment and the scale of the three-kilometre strike being tested. - Early drill core visuals suggest mineralisation similar to the adjacent Stibnite project, operated by Perpetua, which could be a positive sign for grade and continuity. Scheelite mineralisation is also observed in the upper zones (visible under UV light), which bodes well for the geological model. - Assays are due in about a month, providing a crucial data point to confirm early observations and guide the next drilling phase. - The plan to add a second drill to extend campaigns through September underscores the team’s optimism and resolve to grow the project quickly. - Vancouver’s role as a mining finance hub and Resolution’s US strategy: listing on the OTCQB, Roth Capital’s guidance, and the potential NASDAQ move to access larger US capital pools for critical metals. - Australian investor appetite for critical metals and the momentum behind Australian listings, with a broader discussion of why a US listing could be a strategic step for a US-focused project.
If you’re following ASX small-caps, this video gives practical context on how a junior explorer pivots between primary projects, cross-border financing, and development timelines. We break down the implications for investors, what to watch for next, and how this story fits into the broader landscape of critical metals.
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