Resolution Minerals Ltd (formerly Northern Cobalt) is a mining company engaged in the acquisition, exploration and development of precious and battery metals - such as gold, copper, cobalt, and vanadium.
The company is led by Managing Director Duncan Chessell and an experienced team with proven success in corporate finance, marketing, metallurgy and geoscience. This equips Resolution Minerals with the tools to meet the changing demands of the mining markets.
Resolution Minerals Ltd Listed on the ASX in 2017 with a focus on the exploration of the Wollogorang Copper Cobalt Project. It has since aquired the Snettisham Vanadium Project and entered into a binding agreement with Millrock Resources to earn up to 80% of the highly prospective 64North Gold Project.
Resolution Minerals has entered into a binding term sheet with Millrock Resources Inc (Millrock or MRO) to acquire, via joint venture earn-in, up to 80% of the 64North Gold Project (formerly the Goodpaster Gold Project.)
The project lies within the Tintina gold province, Alaska, which hosts more than 80Moz in gold, including the massive 45Moz Donlin Creek deposit. The 64North Project surrounds Northern Star’s Pogo Mine which has a total endowment of 10 million ounces of gold and is currently producing at a rate of 300,000 ounces per annum.
A recent geophysical survey has also detected a high conductivity response directly along strike from Northern Star's Goodpaster gold discovery. The conductor appears consistent with a low-angle regional shear zone that is known to host the Pogo Gold Mine.
This will be the immediate focus for Resolution Minerals, with drilling proposed to begin in the Q1, 2020.
View the latest company presentation covering RML's current activities:
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