Resolution Minerals Ltd
Resolution Minerals (renamed from Northern Cobalt Limited, November 2019) is advancing the Horse Heaven Gold-Antimony-Tungsten Project in Valley County, Idaho. Gold is co-primary with disclosed antimony and tungsten mineralisation, so the project is multi-commodity. Cash of AUD $15.2 million (mid-2026) is reconciled from a A$20 million April 2026 placement against a stale A$1.17 million Q4-2025 figure, net of subsequent cash burn already factored in; the company is debt-free, confirmed across two sources. Share price is given as a AUD $0.044-0.05 range; the lower end is used here.
Notable vs. Peers
- Trading within 1% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Jurisdiction (40%)9/10
Idaho: Fraser PPI 2025 is 77.16 of 100 (rank 27 of 68), which maps to 9 on this site's scale. Valley County, Idaho, USA (Horse Heaven gold-antimony-tungsten project) is a top-tier US mining jurisdiction, scored 9 like most Idaho companies on this site.
Infrastructure (40%)No verified figure
Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Horse Heaven Gold-Antimony-Tungsten Project, Valley County, Idaho (checked Oct 1, 2026; recheck due Mar 30, 2027). Counts at a neutral 5/10 until one does.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:3.5/10
Stage: Resource Definition
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:9/10
United States: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Executive Director of Resolution Minerals Ltd. Lawyer with expertise in corporate law, M&A, and business negotiations, including tenement/landowner negotiations.
Executive Director of Resolution Minerals Ltd. New York-based businessman contributing business acumen.
CEO, US Operations of Resolution Minerals Ltd.; also Chairman & Director of Electric Royalties Ltd and a director of VR Resources Ltd. 30+ years in M&A and corporate development; led four companies from inception to sale, including developing Otis Gold Corp.
CFO and Company Secretary of Resolution Minerals Ltd. 25+ years in financial and secretarial roles in the mining sector.
Technical Lead at Resolution Minerals Ltd. 40+ years in senior leadership developing exploration strategies; Qualified Person under Canadian and Australian standards.
Lead Consulting Geologist at Resolution Minerals Ltd.; also Geologist & Head of Investor Relations of Stallion Uranium Corp. 15+ years in geology, development and environmental science; prior experience at Perpetua's Stibnite Project.
Chief Metallurgist of Resolution Minerals Ltd. PhD in Antimony Geochemistry; 10+ years in process development and extraction.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Real institutional money has come in, but none of it is disclosed at a size that says much. Tribeca Investment Partners and L1 Capital cornerstoned a roughly A$20M placement in April 2026, and an earlier A$25.1M raise in late 2025 was backed by John Hancock's family office, Astrotricha Capital and the S3 Consortium, together putting in A$7.75M. No producer holds equity, no substantial-holder notice names a resource specialist, and there are no institutional or insider records in our data. Horse Heaven's appeal is a US critical-minerals permitting story rather than a shareholder-register one.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Resolution Minerals, renamed from Northern Cobalt in November 2019, is advancing the Horse Heaven gold-antimony-tungsten project in Valley County, Idaho, where gold is co-primary with antimony and tungsten. Horse Heaven has only historical gold estimates that are not JORC-compliant, 216,000 oz at Golden Gate Hill and 70,000 oz at Antimony Hill, and a 30,000-foot drill program in 2026 is aimed at a maiden compliant resource by the end of 2026. The project has received two FAST-41 transparency designations for federal permitting coordination, for the Antimony Ridge target in April 2026 and, in July 2026, for the Golden Gate tungsten-gold target, which hosts the past-producing Golden Gate tungsten mine.