Resolution Minerals Ltd (RML)

Overview

Resolution Minerals Limited, originally known as Northern Cobalt Limited until November 2019, is an exploration and development company focusing on finding and extracting precious, battery, and strategic metal resources. Established in 2017 and headquartered in Adelaide, Australia, the company is heavily involved in the discovery and development phases of mining projects across such vital commodities. Its activities span from acquisition to the exploration stages, aiming to uncover significant deposits primarily of gold, copper, cobalt, vanadium, iron ore, and uranium. Resolution Minerals is notably recognized for its flagship project, the 64North project, located within the lucrative Tintina gold province in Alaska, underscoring its strategic focus on regions known for their rich mineral deposits.

Products and Services

• Gold Exploration: One of Resolution Minerals' key areas of focus, this involves geological surveying, drilling, and analysis to locate and quantify gold deposits within their mining leases, especially highlighted by their 64North project in Alaska.
• Copper Exploration: The company is engaged in the exploration of copper, a fundamental metal used in electrical wiring and electronics, an essential part of their multi-metal exploration strategy.
• Cobalt Exploration: As an important component in rechargeable batteries, Resolution Minerals' interest in cobalt aligns with the global shift towards electric vehicles and renewable energy sources. Their exploration efforts target areas known to contain cobalt deposits.
• Vanadium and Iron Ore Exploration: These metals are critical in creating steel alloys for construction and automotive industries. Resolution Minerals includes these in their strategic exploration projects to meet industrial demands.
• Uranium Exploration: This involves exploring for uranium deposits, a key element for nuclear energy. Resolution Minerals engages in locating and assessing the potential of uranium as part of their strategic mineral exploration to support the energy sector.