Recent SEC filings detail ongoing exploration activities at the Horse Heaven Project, including drilling programs and permitting progress.

• In July 2025, Resolution Minerals acquired the Horse Heaven Project in Idaho, hosting antimony, gold, silver, and tungsten mineralization, for approximately A$50.4 million paid mostly in shares and options [S1].
• The company conducted Phase 1 and Phase 2 drilling programs at the Golden Gate Fault Zone, with Phase 2 comprising up to 13,000 meters of diamond drilling targeting gold and tungsten mineralization [S1].
• Recent drilling results at Golden Gate extended known gold mineralization by at least 2,000 meters south of Golden Gate North, with significant intervals reported [S1].
• At Antimony Ridge, rock chip sampling returned high-grade antimony, silver, and gold results, with average antimony grades around 39.2% from selected samples [S1].
• Antimony Ridge was included in the FAST-41 Permitting Transparency Program in April 2026 to accelerate federal permitting processes for bulk sampling and drilling activities [S1].
• The company trialed a man-portable drill rig at Antimony Ridge in October 2025, with results pending, and collected samples for metallurgical testing [S1].
• The Horse Heaven Project is subject to net smelter returns royalties of 8% on some claims and 4% on others, with buyback options available [S1].
• The company has incurred operating losses and negative cash flows since inception and has not commenced principal operations [S1].

The company holds a significant land position in a historically mined area with demonstrated high-grade mineralization of critical metals including antimony, gold, silver, and tungsten. Recent drilling programs have extended known mineralization, and the project benefits from proximity to infrastructure and ongoing upgrades. Inclusion in the FAST-41 Permitting Transparency Program may facilitate faster permitting processes. The strategic focus on critical minerals aligns with rising global demand driven by renewable energy and defense sectors.

Resolution Minerals Ltd is an early-stage exploration company with no current production or revenues and has incurred operating losses and negative cash flows since inception. The project requires substantial capital investment and successful permitting to advance. The mineralization is subject to royalties, and the project is located in rugged terrain with limited local infrastructure. Market and geopolitical risks related to critical minerals supply chains may impact project economics. The company’s financial disclosures lack detailed financial metrics, limiting visibility into financial health.

Resolution Minerals Ltd's moat is primarily based on its ownership of the strategically located Horse Heaven Project, which hosts critical minerals such as antimony and tungsten with historical mining significance. The project's proximity to infrastructure and adjacency to a major mining project (Stibnite Gold Project) enhances its strategic value. The inclusion of Antimony Ridge in the FAST-41 Permitting Transparency Program may provide a regulatory advantage by potentially accelerating permitting timelines. However, as an early-stage exploration company without producing assets or revenues, the moat is limited and dependent on successful exploration, permitting, and development.

• Exploration and Development Risk: As an early-stage exploration company, there is risk that exploration results may not lead to economically viable mineral deposits or successful development.
• Permitting Risk: The project requires multiple permits, and delays or denials in permitting could impact the timeline and feasibility of mining operations despite FAST-41 designation.
• Market and Commodity Price Risk: The value of the project is sensitive to fluctuations in prices of antimony, gold, tungsten, and silver, which are influenced by global supply-demand dynamics and geopolitical factors.
• Financial Risk: The company has incurred operating losses and negative cash flows with no disclosed revenues, indicating reliance on external financing for ongoing operations and exploration.
• Geopolitical and Regulatory Risk: The project is located in the United States but owned by an Australian company; changes in regulatory or trade policies could affect operations.

• Resolution Minerals Ltd is an Australian-incorporated early-stage exploration company focused on the Horse Heaven Project in Idaho, USA.
• The Horse Heaven Project hosts mineral prospects for antimony, gold, silver, and tungsten, with historical mining activity for antimony and tungsten.
• The company acquired the Horse Heaven Project in July 2025 for approximately A$50.4 million, paid mostly in shares and options, plus transaction costs.
• The project covers approximately 14,580 acres with 787 federal mining claims and is located near infrastructure upgrades supporting nearby mining projects.
• The Horse Heaven Project includes two main mineralized corridors: the Antimony Ridge Fault Zone and the Golden Gate Fault Zone.
• Antimony Ridge hosts significant antimony, gold, and silver mineralization exposed at surface with historical trenching and sampling showing high-grade results.
• The company has conducted preliminary drilling and sampling at Antimony Ridge and is applying for permits for bulk sampling and a large drill program.
• Antimony Ridge was included in the FAST-41 Permitting Transparency Program in April 2026 to accelerate federal permitting processes.
• The Golden Gate Fault Zone hosts gold and tungsten mineralization and has undergone multiple drilling programs, including a Phase 2 program of up to 13,000 meters of diamond drilling.
• Recent drilling at Golden Gate has returned significant gold and tungsten intervals, extending known mineralization.
• The company’s principal operations have not yet commenced and it has incurred operating losses and negative cash flows since inception.
• The company’s website is www.resolutionminerals.com and its registered office is in Adelaide, South Australia.
• The company is subject to royalties on its mining claims, including 8% and 4% net smelter returns royalties on portions of the claims.
• The Horse Heaven Project is located adjacent to Perpetua Resources Corp’s Stibnite Gold Project and benefits from proximity to infrastructure such as roads, transmission lines, and an airport.
• Water supply agreements and private land parcels adjacent to the project support exploration activities.
• The company’s filings emphasize the strategic importance of antimony and tungsten as critical minerals with rising demand due to renewable energy and defense applications.
• The company’s filings include detailed geological descriptions of the project area and mineralization styles.
• Financial figures are not disclosed in the filings; liquidity ratios and financial metrics are not available as of the latest filings.
• Financial figures (if any) are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice.