ASX Share rice
Fri 14 Aug 2020 - 11:38:pm (Sydney)

RML Share Price

RESOLUTION MINERALS LTDRMLMaterials

RML Company Information

Name:

Resolution Minerals Limited

Sector:

Basic Materials

Industry:

Other Industrial Metals & Mining

Address:

29-31 King William Street Adelaide Australia 5000

Phone:

61 8 8120 0456

MD & Exec. Director:

Mr. Duncan C. Chessell BSc, GAICD, MAusIMM

CFO, Company Sec. & Director:

Mr. Jaroslaw K. Kopias B.Com., A.C.I.S., BCom, C.P.A., CPA, ACIS, AGIA, A

Company Overview:

Resolution Minerals Limited, a mining company, acquires, explores for, and develops precious and battery metal projects. The company explores for gold, copper, cobalt, vanadium, and magnetite deposits. Its flagship projects include the 64North project loctaed in Alaska; Wollogorang copper cobalt project located in Australia; and Snettisham magnetite project in southern Alaska. The company was formerly known as Northern Cobalt Limited and changed its name to Resolution Minerals Limited in November 2019. Resolution Minerals Limited was founded in 2017 and is headquartered in Adelaide, Australia.

RML Share Price Information

Shares Issued:

279.47M

Market Capitalisation:

$20.12M

Revenue (TTM):

$25.03K

Return On Assets (TTM):

$-0.09

Return On Equity (TTM):

$-0.17

Quarterly Revenue Growth (YOY):

-0.556

Diluted Earnings Per Share (TTM):

$-0.02

RML CashFlow Statement

CashFlow Date:

2019-06-30

Investments:

$-2,975,722

Change To Liabilities:

$0

Total Cashflow From Investing Activities:

$-2,975,722

Net Income:

$-1,370,357

Total Cash From Operating Activities:

$-802,374

Depreciation:

$450.96K

Sale Purchase Of Stock:

$-81,776

Capital Expenditures:

$2.98M

RML Income Statement

Income Date:

2019-06-30

Income Before Tax:

$-1,370,357

Net Income:

$-1,370,357

Operating Income:

$-1,395,079

Other Operating Expenses:

$289.23K

Total Operating Expenses:

$1.40M

RML Balance Sheet

Balance Sheet Date:

2019-06-30

Intangible Assets:

$17.15K

Total Liabilities:

$149.71K

Total Stockholder Equity:

$7.56M

Total Assets:

$7.71M

Common Stock:

$9.52M

Other Current Assets:

$19.68K

Retained Earnings:

$-2,788,975

Cash:

$741.89K

Total Current Liabilities:

$149.71K

Property - Plant & Equipment:

$6.93M

Net Tangible Assets:

$7.55M

Total Current Assets:

$765.05K

Net Receivables:

$3.48K

Short-Term Investments:

$6.95M

Accounts Payable:

$28.41K

Non Currrent Assets (Other):

$6.95M

Short-Term Investments:

$6.95

Non Current Liabilities Total:

$0

RML Share Price History

RML News

10 Jul, 2020
Highlights: The planned program of 2,300 meters in three holes is well underway.Hole 20AU003 has been completed and tested gently northwest-dipping structures detected by CSAMT.
14 May, 2020
Highlights: Assay results from the lower portion of hole 20AU001 and the upper part of hole 20AU002 (which was suspended in progress above the target depth) have been.
27 Apr, 2020
Assay results from the upper two thirds of Hole 20AU001 intersected multiple zones of gold mineralization associated with elevated arsenic and bismuth concentrations in a robust hydrothermal system. The target being drilled at the Aurora prospect is adjacent and immediately west of the Pogo Mine property, which is owned and operated by Northern Star Resources Ltd. (“Northern Star”).
30 Mar, 2020
As a precaution against the risk of COVID-19, and in the best interest of the safety of staff, Millrock and Resolution have temporarily suspended drilling operations at 64North. Several zones of quartz veining with sulfide mineralization and strong to intense sericite – dolomite wall rock alteration were intersected. All core drilled is at Millrock’s core logging facility in Fairbanks, Alaska and is being logged and sampled, with strict protocols in place for employee protection from COVID-19 infection.
02 Mar, 2020
Camp and drill rig are presently being mobilized to the Aurora target, immediately to the west of the Pogo Mine, Alaska. The drill holes will test area of low magnetic intensity and will pierce conductive zones thought to represent a regional, low-angle, northwest-dipping shear zone. The target shear zone is interpreted to be the same shear zone that hosts the gold deposits being mined by Northern Star Resources Limited (“Northern Star”) at the Pogo Mine.
16 Dec, 2019
Millrock has executed a definitive Option to Joint Venture agreement with Resolution Minerals Ltd. (“Resolution”) concerning Millrock’s district-scale 64North gold project in eastern Alaska (the project was previously named the Goodpaster project). The legal due diligence period was successfully completed, and Resolution has provided the required US$500,000 exploration advance.