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- Resolution Minerals (RML) has begun drilling at the Sunrise Gold Prospect within the 64North Project in Alaska
- All up, 40 rotary airblast holes will be drilled to test outcropping mineralisation identified in 2020
- In mid-January, Resolution identified up to 1.89g/t gold from a surface trenching program at Sunrise
- The company concluded that mineralisation at Sunrise is believed to derive from large-scale granite that is untested by drilling
- Drilling is expected to take four weeks to complete, and results are expected after a four-week turn-around
- Resolution is down 3.85 per cent on the market and shares are trading at 2.5 cents
Resolution Minerals (RML) has begun drilling at the Sunrise Gold Prospect within the 64North Project in Alaska.
The 64North Project lies within the Tintina Gold Province, which hosts Kinross Gold Corporation’s 13-million-ounce Fort Knox Mine.
All up, 40 rotary airblast (RAB) holes, for 3000 metres, will be drilled to test outcropping mineralisation identified in 2020.
In mid-January, Resolution identified up to 1.89g/t gold from a surface trenching program at Sunrise.
The company also concluded the mineralisation at Sunrise occurs within a broad historical soil anomaly.
Furthermore, the gold mineralisation is believed to derive from large-scale granite that extends one kilometre south, is partially covered by surface geochemistry and is untested by drilling.
“A fantastic opportunity was generated by RML’s trenching and geophysics programs in 2020 which identified the potential of the outcropping Sunrise Prospect gold mineralisation,” Managing Director Duncan Chessell said.
“Assessment of the extent of the mineralisation through low-cost shallow reconnaissance fence-line RAB drilling along an existing year-round access road sets this prospect apart from most Alaskan prospects,” he added.
Drilling is expected to take four weeks to complete and results are expected after a four-week turn-around.
Resolution is down 3.85 per cent on the market and shares are trading at 2.5 cents at 1:58 pm AEDT.
