Resolution Minerals US CEO Craig Lindsay talked with Proactive about further encouraging drilling results from the Horse Heaven project in Idaho, particularly at the Golden Gate target.
Lindsay highlighted the standout intercept of 253 metres at 1.5 grams per tonne of gold, which includes a higher-grade interval of 120 metres at 2.3 grams per tonne. He noted, “In my career, I’ve never drilled a 250 metre intercept of a gram and a half gold. It’s a fantastic result.”
The latest assays confirm the company's exploration model, which anticipated higher-grade sulphide material at depth following lower-grade oxidized zones near surface. Lindsay confirmed the mineralization continues to the bottom of the hole, which remains open-ended.
These results come from the third hole in the current ten-hole program. Two other previously released holes include 189 metres at 1.3g/t and 250 metres at 0.6g/t. Six holes have already been sent to the lab, with one more to follow.
In response to the strong results, a second drill rig has been added, aiming to complete an additional 5 holes (approximately 5,000 feet). Lindsay also updated on funding, noting the company had recently raised USD 25 million, with further backing from Tribeca Capital.
Lindsay also mentioned plans to list on Nasdaq to attract greater US investor interest alongside strong ASX support.
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