About Resolution Minerals
Resolution Minerals (ASX: RML) is a resource company engaged in the acquisition, exploration and development of precious, battery and strategic metals such as gold, copper, cobalt, and uranium.
Resolution was founded by Non-Executive Director Duncan Chessell and includes an experienced team of geoscientists and skilled board members. The team has proven discovery success and expertise in corporate finance, business, and governance. This equips Resolution Minerals with the tools to meet the changing demands of the mining markets.
The Company was formed in 2017 to focus on the advanced Wollogorang Cobalt Project acquired from the Coolabah Group. It listed on the ASX as Northern Cobalt (ASX: N27) in late September 2017. Over the 2017-18 exploration season Resolution Minerals completed an extensive drilling program to update the known resource at the Stanton Cobalt Deposit to a JORC 2012 compliant resource of 1200 tonnes of contained cobalt.
Resolution Minerals also conducted several extensive aeromagnetic surveys, IP surveys, and undertook shallow RAB drill testing to define several high priority cobalt-copper targets at the Running Creek and Gregjo prospects with intersections of up to 4% copper.
In October 2019, Resolution Minerals, entered into a binding term sheet with Millrock Resources Inc to acquire, via joint venture earn-in, up to 80% of the 64North Gold Project.
The project lies within the Tintina gold province, Alaska, which hosts more than 100Moz in gold, including the massive 45Moz Donlin Creek deposit. The 64North Project surrounds Northern Star’s Pogo Mine which has a total endowment of 11 million ounces of gold and is currently producing at a rate of 300,000 ounces per annum.
Over the course of 2020 the team conducted a large program of regional work and geophysical surveys to help rank the top 30 prospects across the project. This work has been followed up by drill programs to test high priority targets at West Pogo, East Pogo and Sunrise Prospect. The company is currently focused on following up the high-grade potential at East Pogo Prospect and the low grade ‘Fort Knox style’ mineralisation at the Sunrise and Tourmaline Ridge Prospects.
In late 2020 Resolution acquired the option to buy the Benmara Project from Strategic Energy Resources (ASX: SER) to grow its portfolio of battery and strategic metals in under explored parts of the Northern Territory. In September of 2021 RML commenced its maiden drilling program at the project. The program is focussed on drill testing 2 large targets identified by an extensive VTEM survey.
The company has also continued to have strong lines of communication above the normal ASX requirements such as webinars, video explainers and regular newsletters to "take the shareholders on the journey" with the company.
MEET OUR TEAM
Mr Groves brings over 27 years’ of geological and corporate experience in the mining industry and has led teams in both Australia and Africa exploring a wide range of commodities from discovery through to development. He is one of the founding directors of Sultan Resources (ASX:SLZ) and acts as Technical Director of Si6 Metals (ASX:Si6). He has previously occupied a variety of exploration and management roles with companies such as BHP Billiton (ASX: BHP), Newmont Mining (NYSE:NEM) and A-Cap Resources (ASX: ACB).
Craig Farrow is an accountant and bringing a strong commercial background spanning financial services, agriculture, property and communications industries over a 30 plus year career. Mr Farrow was a founding director of telecommunications business M2 Group, Chair since 2006, was instrumental in the merger between Vocus Communications and M2 Group Ltd in 2016 and continuing as Deputy Chair of Vocus until February 2018 (ASX:VOC).
Dr Paul Kitto
Dr Paul Kitto has more than 30 years’ experience in the mining industry and an impressive track-record including numerous multi-million ounce gold discoveries in Africa, Australia and Papua New Guinea. He holds a PhD (geology) in structural and geochemical controls on mineralisation from the world renowned, Centre for Ore Deposit and Earth Sciences, at the University of Tasmania. Paul currently holds board positions on ASX Listed Tietto Minerals (TIE), Meteoric Resources (MEI) and Peako (PKO).
Duncan Chessell is a geologist with over 20 years’ experience in business and in oil, gas and mineral exploration. He is the founder of Resolution Minerals and project vendor (Coolabah Group) of the Wollogorang Project. He was and Executive Director through 2017-2018 and then Managing Director of RML from September 2019 to mid 2022 generating the Carrara Range and Benmara projects in the NT and acquiring the 64North Project in Alaska. He also secured two significant JV agreements with OZ Minerals, $5m on the Wollogorang Project and $4m on the Benmara Project. He is currently CEO of Copper Search (ASX: CUS) and a non-executive Director of Resolution.
Andrew Shearer is a qualified geoscientist with degrees in Geology and Geophysics and holds an MBA. He has been involved in the resources sector for over 20 years in a diversity of roles including geophysicist, mining analyst and broker. Andrew currently holds board positions on ASX Listed Andromeda Metals (ADN), Investigator Resources (IVR) and is Executive Director and CEO of Osmond Resources (OSM).
OUR GEOLOGY TEAM
Resolution Minerals also has a team of geoscientists who will be contracted on an as needs basis to keep N27 as lean as possible, but give the capacity to deliver high quality field work and add value to the excellent Millrock team based in Anchorage and Fairbanks. Other consultants will also be deployed to assist with specific tasks as required.
Key members include:
Ms Christine Lawley MSc, RPGeo (Mineral Exploration), MAIG, MAusIMM - Interim CEO & Exploration Manager (Global)
Christine has 15 years’ experience in brownfields and greenfields gold, base metals and mineral sands exploration throughout Australia. Christine brings a strong geochemical aspect and modern integrated geoscience approach into the team. She holds a Masters Degree in Ore Deposit Geology.
Mr Kelvin Blundell BSc (Hons), DipEd, MAIG, MASEG - Consulting geophysicist
Kelvin was Sandfire’s consulting geophysicist for the significantDeGrussa Cu-Au massive-sulphide discovery. Kelvin has 20 years of experience working on projects in Australia, Canada and Africa and currently consults to a dozen companies from juniors up to Rio Tinto. His breadth of experience in mineral systems world-wide brings significant value to the team.
Chris Brown - Consulting Structural Geologist
International expert on structural geology interpretation. Importantly he has 20t years experience in Alaska focusing on the Tintina Gold Province plus international exposure. During his time in Alaska he was involved in the Tetlin discovery and Chisna Cu-Au-Mo prospects. He is founder of Oriented Targeting Solutions and is instrumental in adding value from core drilling on the 64North Project through oriented structural data QAQC, analysis, modelling and interpretation.
THE MILLROCK RESOURCES TEAM IN ALASKA
Gabe Graf - Senior Geologist
Previously Senior Exploration Geologist and Exploration Superintendent at the Pogo Mine for Sumitomo Metal Mining and then Northern Star. (ASX: NST). His interpretation of CSAMT geophysics, coupled with surface geochemistry and structural geology across the district resulted in the discovery of the Central Lode and Goodpaster deposits. Prior he worked for Newmont, where he was part of a team that delineated a 10M oz Ag discovery.
Phil St.George - Chief Exploration Geologist
Phil is credited with the original discovery of the Pebble Cu-Au-Mo Deposit, which is now known to contain in excess of 100m oz of gold. Phil also added 12m oz of gold to the Donlin gold deposit in southwestern Alaska in his role as VP Exploration for NovaGold. He brings an encyclopaedic knowledge of Alaskan geology and discovery success to the team.
Kyle Negri - Project Lead Geologist
Resources Over12years experience managing exploration projects all over Alaska. With experience in all aspects of mineral exploration, from initial boots-on-the-ground reconnaissance to executing logistically complex drilling campaigns.
Greg Beischer - CEO, President
Greg is a seasoned explorer with a solid track record of success, previously with Inco Ltd., and the Bristol Bay Native Corporation. He is a geologist and mining engineering technologist. Greg is the past President of the Alaska Miners Association and serves on the Alaska Minerals Commission.
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