Resolution Minerals Ltd (RML) SEC Filings

Resolution Minerals Ltd (RML) reported a net loss of A$53,316,618 for the year ended June 30, 2026, compared with A$6,033,416 in 2025. Cash and cash equivalents were A$10,343,353 at June 30, 2026, while net cash used in operating activities was A$17,947,997. The 2025 comparative was restated after a re-audit identified errors. The directors said continuation depends on sufficient net cash inflows and managing exploration and other spending; failure to implement one or more funding options could create material uncertainty that may cast significant doubt on the Group’s ability to continue as a going concern.

Operations centered on the completed 100% acquisition of Horse Heaven in Idaho. RML reported gold discoveries at Golden Gate North and South, advanced antimony and tungsten exploration, and described a Phase 2 program of up to 13,000 metres across up to 45 holes. Metallurgical tests produced an intermediate antimony trioxide product grading 99.38 wt% Sb2O3 and gold recoveries of up to 95.5% from oxide material. Placements raised A$25.1 million before costs in September 2025 and A$20 million in April 2026; RML also sold its 64North Project to a wholly owned subsidiary of Northern Star Resources Limited for US$1.5 million in cash.