Resolution Minerals confirms major gold extension at Golden Gate South

Resolution Minerals says three drill holes at Golden Gate South in Idaho have confirmed near-surface gold mineralisation and extended the system at least 2,000 metres south of Golden Gate North. The company has 28 more holes in the lab and extended its 2026 drill program into mid-September.

Why it matters: - Resolution Minerals says the Golden Gate system now shows continuous gold mineralisation across a much larger area at its Horse Heaven project in Idaho. - The company says the results strengthen the case for Golden Gate South as a discovery area, not just an extension target. - The program also matters because the same area is being tested for both gold and tungsten, two minerals that can drive project value.

What happened: - Resolution Minerals reported near-surface gold mineralisation at Golden Gate South from its 2026 drill program at the 100% owned Horse Heaven Antimony-Tungsten-Gold-Silver Project in Idaho. - Assays were received for three diamond core holes: HH-GG26-001C, HH-GG26-002C and HH-GG26-003C. - The three holes were drilled as fan-holes from the same platform at the southernmost end of Golden Gate South. - Gold mineralisation was intersected in all three holes. - The reported drilling extends gold mineralisation at least 2,000 metres south from Golden Gate North to Golden Gate South.

The details: - HH-GG26-003C returned 305.7 metres at 0.64 g/t gold from surface, including 6.5 metres at 1.33 g/t from 62.0 metres downhole. - HH-GG26-003C also returned 24.2 metres at 0.77 g/t gold from 61.0 to 85.2 metres, 26.0 metres at 0.80 g/t from 223.32 to 249.32 metres, 31.2 metres at 0.87 g/t from 260.2 to 291.4 metres, and 17.25 metres at 1.19 g/t from 264.85 metres downhole. - HH-GG26-002C returned 32.6 metres at 0.49 g/t gold from surface. - HH-GG26-002C also returned 87.87 metres at 0.52 g/t gold from 48.97 to 136.84 metres downhole, including 18.75 metres at 0.60 g/t from 9.15 to 27.9 metres downhole. - HH-GG26-002C also returned 37.42 metres at 0.72 g/t gold from 67.24 to 104.66 metres downhole. - HH-GG26-001C returned 49.5 metres at 0.58 g/t gold from surface. - HH-GG26-001C also returned 13.39 metres at 0.44 g/t gold from 208.1 to 221.89 metres downhole, including 24.64 metres at 0.78 g/t from 17.86 to 42.4 metres downhole. - Further drill assays are pending and will be released progressively once available. - The 2026 Golden Gate drill program is designed for up to 13,700 metres of diamond core drilling across up to 45 holes. - The program is targeting the scale and extent of tungsten and gold mineralisation at Golden Gate. - Initial drilling started at Golden Gate South and will later move to Golden Gate North. - Golden Gate sits immediately adjacent to Perpetua Resources’ permitted Stibnite Gold Project. - Resolution says all three reported holes tested the southern extension of the Golden Gate Shear Zone within sheared and faulted Cretaceous granodiorite of the Idaho Batholith. - The drill-site layout and hole orientations were based on soil-geochemical anomalies, mineralised surface outcrops and controlled-source audio-frequency magnetotelluric survey results. - A total of 33 diamond core holes have now been drilled and completed at Golden Gate for about 9,700 metres. - Another 28 drill holes have been logged and submitted to the laboratory for assay. - The company extended the 2026 Golden Gate drill program timeline to mid-September to complete all planned holes. - Later holes have targeted both gold and tungsten mineralisation, including a tungsten-in-soil anomaly at Golden Gate South.

Between the lines: - The broad intercepts across multiple holes suggest the mineralised system may be large and continuous, not isolated to a single high-grade zone. - The mix of surface-adjacent gold and deeper intervals points to a target that could support follow-up drilling over a wider footprint. - With a large batch of assays still pending, the next set of results will be important for confirming scale and continuity.

What's next: - Resolution Minerals expects a faster flow of drill results as the 28 pending holes come back from the lab. - The company plans to keep drilling through mid-September to finish the 2026 program. - Results from the later holes will help define the gold and tungsten footprint at Golden Gate North and Golden Gate South.

The bottom line: - Resolution Minerals says Golden Gate South has moved from target area to confirmed discovery, with assays showing broad gold mineralisation and more results still to come.