Resolution Minerals Starts Exploration at NSW Project; Shares Fall 8%

MT Newswires Live
Yesterday

Resolution Minerals (ASX:RML) started exploration at its Drake East project in New South Wales, with Light Detection and Ranging (LiDAR) data acquisition underway to generate targets for potential drilling, according to a Monday filing with the Australian bourse.

The LiDAR interpretation study over the project area is also designed to identify historic workings and prospective antimony and gold-bearing structures, the filing said.

The initial results are anticipated to be available within 10 working days, per the filing.

Shares fell 8% in afternoon trade Tuesday.

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