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RESOLUTION MINERALS LTD — Capital/Financing Update 2025
Nov 9, 2025
65717_rns_2025-11-09_603bcd66-48d0-4556-94a8-41b34169ae96.pdf
Capital/Financing Update
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10 November 2025
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RC DRILLING UNDERWAY TO STEP OUT FROM NEW GOLD DISCOVERY AT GOLDEN GATE
Three Reverse Circulation (RC) drill holes will test strike, width and depth extensions of the continuous gold mineralisation intersected in the first three discovery diamond holes. Drilling is now underway, with results to be released as they become available.
Highlights
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- RML has mobilised an RC drill rig to the Golden Gate Prospect to undertake a three-hole, 2,789ft (850m) follow-up drill program.
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- The Program is designed rapidly step-out from the new gold discovery, testing width, depth and strike extensions of the continuous gold mineralisation intersected in maiden drill holes HH-GG25001C, HH-GG25-002C, and HH-GG25-003C.
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- All three discovery core holes ended in mineralisation, confirming Golden Gate as a large, open intrusion-related gold system, located only 6km from the Stibnite Gold-Antimony mine.
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- The RC drilling program will provide fast, cost-effective footprint expansion ahead of the larger 50hole drill program currently in permitting.
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- Results will be released progressively, contributing to strong, ongoing newsflow alongside remaining Phase 1 assay batches.
Resolution Minerals Ltd (“ RML ” or the “ Company” ) is pleased to announce the commencement of an RC drill program to rapidly step out from the new gold discovery at the Golden Gate Prospect. The program is designed to follow up on diamond core holes, HHGG25-001C, HH-GG25-002C, and HH-GG25-003C, which are located in the northern third of the Golden Gate Prospect area (Figure 3).
The RC holes have been strategically designed to test for northern and southern strike extensions, western width extensions, and depth continuity of the mineralised system.
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- DS18-4 - northern strike extension and the western width extension of HH-GG25-001C, HH-GG25-002C; and the western width extension of HH-GG25-003C. The planned endof-hole depth is 984ft (300m).
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DS16-3 - depth extension, the western width extension and the southern strike extension of HH-GG25-001C, and HH-GG25-002C. The planned end-of-hole depth is 820ft (250m).
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DS19-2 - southern strike extension of HH-GG25-003C. The planned end-of-hole depth is 984ft (300m).
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No new drill platforms were required, with this program operating in the confines of the existing drill permit.
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10 November 2025
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Figure 1 : Horse Heaven Project location map, highlighting the location of the two current major antimony-gold-silvertungsten targets, the Golden Gate Target (where the Phase 1 Core Drilling Program was conducted) and the Antimony Ridge Target. Also highlighted is the fully-permitted Stibnite Gold Project, which is only 6km east of Horse Heaven. Note: Coordinates are UTM metres north and east metric system, not latitude/longitude.
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Figure 2 : LEFT: Photo of the RC drill rig on site at Golden Gate. RIGHT: A photo of the RC rig that will drill the three holes at Golden Gate, a track-mounted RC1500.
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10 November 2025
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Easting Northing Elevation Planned Planned
Drill Site Hole ID Drill Type Grid Datum Zone Azimuth Dip
(m) (m) (m) (m) (ft)
DS18-4 TBD RC UTM NAD83 11T 619803 4979032 1986 290 -60 300 984
DS16-3 TBD RC UTM NAD83 11T 619714 4978907 1963 0 -90 250 820
DS19-2 TBD RC UTM NAD83 11T 619804 4978699 1989 325 -60 300 984
850 2789
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Table 1 : Drill parameters of the RC Program holes.
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Figure 3 : Drill hole location map of the three RC drill holes for Golden Gate drill program.
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10 November 2025
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RML’s CEO of US Operations, Craig Lindsay, stated:
“The first three diamond core holes at Golden Gate all intersected broad, continuous gold mineralisation from surface and each of them ended in mineralisation. That is a standout results for a maiden program and confirms Gold Gate as a new gold discovery in a highly prospective and strategically important U.S critical minerals district.
By bringing an RC rig onsite now, we are able to rapidly and cost-effectively step out from the discovery zone to begin defining the scale of the system. The aim of this program is simple, to extend the mineralised footprint and set up the platform for our much larger 50-hole follow-up drill program.
With drilling now underway, remaining core assays to come, and project wide exploration continuing, we are positioned for strong and sustained newsflow as we advance Golden Gate. ”
Authorised for release by the board of Resolution Minerals Ltd.
For further information, please contact Aharon Zaetz Executive Director.
Aharon Zaetz Jane Morgan Executive Director Investor Relations Resolution Minerals Ltd Jane Morgan Management M: +61 424 743 098 M: +61 405 555 618 [email protected] [email protected]
Follow us:
Website: www.resolutionminerals.com LinkedIn: @Resolution Minerals
X: @Resolution_LTD
The Company confirms it is not aware of any new information or data that materially affects the information cross referenced in this announcement and further to “Agreement to Acquire Major US Antimony Project and Placement” on 11 June 2025, “Significant Gold Discovery at Horse Heaven Project” on 28 October 2025 and “Significant Gold Discoveries Continue at Golden Gate” on 3 November 2025. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original announcements.
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Forward Looking Statements
This announcement may contain forward-looking statements. These statements relate to the Company’s expectations, beliefs, intentions or strategies regarding the future. These statements can be identified by the use of words like “anticipate”, “believe”, “intend”, “estimate”, “expect”, “may”, “plan”, “project”, “will”, “should”, “seek” and similar words or expressions containing same. These forward-looking statements reflect the Company’s views and assumptions with respect to future events as of the date of this release and are subject to a variety of unpredictable risks, uncertainties, and other unknowns. Actual and future results and trends could differ materially from those set forth in such statements due to various factors, many of which are beyond our ability to control or predict. These include, but are not limited to, risks or uncertainties associated with the acquisition and divestment of projects, joint venture and other contractual risks, metal prices, exploration, development and operating risks, competition, production risks, sovereign risks, regulatory risks including environmental regulation and liability and potential title disputes, availability and terms of capital and general economic and business conditions.
Given these uncertainties, no one should place undue reliance on any forward-looking statements attributable to the Company, or any of its affiliates or persons acting on its behalf. Subject to any continuing obligations under applicable law, the Company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements in this announcement to reflect any change in expectations in relation to any forward-looking statements or any change in events, conditions or circumstances on which any such statement is based.
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