DRILLING COMPLETED - BENMARA BATTERY METALS PROJECT

20211014 RML Benmara RC Drilling1200px30q

 

Summary:

  • Resolution’s first drilling program has been completed at the Benmara Project, NT

  • 15 RC drill holes for a total of 2,892 metres

  • Testing large scale targets prospective for sediment hosted battery metals - copper, silver, lead, zinc and cobalt

  • Along strike from the Walford Creek Deposit *40Mt @ 2% Cu Eq on the Fish River fault

  • Assay results anticipated late November

  • Resolution is well funded with recent $1.7m Placement

 

Details:

Resolution Minerals Ltd (RML) is pleased to announce that it has completed the first round of drilling on large scale battery metal targets (up to 4km strike length) on the Company’s Benmara Project, Northern Territory (see RML ASX announcement 1/9/21). The drill targets were derived from Resolution’s VTEM geophysics survey, new Geoscience Australia (GA) research which identified prospective rock type previously mis-mapped and GA-SEEBASE 3D basement modelling. The drill targets tested are on the margin of the South Nicholson Basin and Murphy Inlier perched on the Fish River Fault and are analogous to and along strike from the Walford Creek Deposits (*40Mt @ 2% Cu Eq). A total of 2,892m was completed in 15 drill holes. Samples have been submitted to ALS Laboratories for assay and we anticipate a 5-to-6-week turnaround on results. Further drilling programs are being considered.

 

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