Tuesday, 02 January 2024 12:17 GMT

Resolution Minerals Limited (ASX:RML) East Coast Research Report


(MENAFN- ABN Newswire)

Resolution Minerals (ASX:RML) (OTCMKTS:RLMLF) (FRA:NC3) is pleased to share a new research report by East Coast Research with a 12-month target price of A$0.15 per share - a 154% premium to our current share price.
The report highlights the scale of our flagship Horse Heaven Project in Idaho, a Tier-1 U.S. critical minerals system hosting antimony, gold, silver, and tungsten. Situated next to Perpetua Resources' US$2bn Stibnite Project, Horse Heaven shares the same mineralogy and history of production, positioning us at the heart of America's push to secure domestic supplies of defence-critical minerals.
Key Points
- Strong upside - New research coverage sets a 12-month target of A$0.15 per share, a 154% premium to our current price.
- Flagship project - Horse Heaven in Idaho hosts antimony, gold, silver, and tungsten, adjacent to Perpetua's US$2bn Stibnite Project.
- Drilling underway - Maiden program now testing high-grade mineralisation with historic assays up to 5.9 g/t Au and 19.15% Sb.
- NASDAQ dual listing - Roth Capital is leading our U.S. listing to access the world's largest pool of capital.
- Critical minerals momentum - Strong macro tailwinds as the U.S. prioritises reshoring supply chains for gold, antimony, and tungsten.
*To view the Research Report, please visit:
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Aharon Zaetz Executive Director Resolution Minerals Ltd M: +61 424 743 098 ... Jane Morgan Investor Relations Jane Morgan Management M: +61 405 555 618 ...

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