Resolution Minerals' Horse Heaven Project: A Goldmine in America's Critical Mineral Revival?

The United States faces a stark reality: 100% of its antimony supply—a mineral vital for military hardware, batteries, and semiconductors—is imported. Enter Resolution Minerals (OTCQB: RESZF), whose Horse Heaven Project in Idaho is positioned to transform this dependency. With imminent exploration drilling and strategic government partnerships, this project could become a cornerstone of U.S. critical mineral security. Here's why investors should take notice.

Why Antimony Matters: A National Security Imperative

Antimony's role in modern industry is irreplaceable. It strengthens lead-acid batteries, fuels flame retardants, and is a key component in infrared night-vision systems. Yet the U.S. remains entirely reliant on imports, primarily from China and South Africa. Resolution's Horse Heaven Project aims to change this.

The project's historical pedigree is compelling. During World War I and II, Horse Heaven produced antimony for the war effort, and tungsten mining continued until the 1980s. Today, its Golden Gate Fault Zone and Antimony Ridge Fault Zone host high-grade mineralization. Historical drill results, such as GGR-32 (71.6m @ 1.37 g/t Au) and rock samples exceeding 5.9 g/t Au and 19% Sb, underscore its potential.

The Catalysts: July's Shareholder Vote and August's Drilling

The next two months are pivotal. On July 25, shareholders will vote on finalizing the Horse Heaven acquisition. Assuming approval, drilling begins in August, targeting deeper mineralization than previous efforts (historical holes only reached 170 meters). Reverse circulation and diamond core drilling will test for extensions of gold-antimony mineralization at depth and along strike.

This timeline presents two high-conviction triggers:
1. Post-July 25 acquisition completion: A positive signal for investor confidence.
2. August drilling results: Potential to unlock resource upgrades, particularly in antimony and gold.

Strategic Positioning: Proximity to the Stibnite Gold Mine

Horse Heaven's location adjacent to Perpetua Resources' $2.2 billion Stibnite Gold Mine is no coincidence. Both projects share analogous geology, with Stibnite's recent success—including $74 million in Department of Defense (DoD) funding and FAST-41 permitting—creating a proven pathway.

Resolution's engagement with U.S. agencies is aggressive. They've hired Clewett Global Services, a D.C. firm with ties to federal permitting, to fast-track Horse Heaven's approval. The goal: secure inclusion in the FAST-41 program, which streamlines permits for critical infrastructure projects, and access DoD grants under the 2025 Budget Reconciliation Bill's $3 billion allocation for domestic minerals.

Antimony's Pricing Dynamics: A Bullish Tailwind

Antimony prices have surged in recent years, driven by supply chain disruptions and rising demand for EV batteries. With China's 2024 export restrictions on critical minerals, the U.S. is under pressure to secure domestic sources.

Horse Heaven's ability to deliver antimony at scale could position Resolution as a preferred partner for U.S. defense contractors and tech firms.

Risks and Considerations

• Execution risk: Permitting delays or negative drill results could derail momentum.
• Geological uncertainty: While Stibnite's success is encouraging, Horse Heaven's deeper targets are unproven.
• Market volatility: Critical mineral stocks are sensitive to macroeconomic trends and geopolitical shifts.

Investment Thesis: Buy the Dip Ahead of August Drilling

Resolution Minerals presents a high-risk, high-reward opportunity. Investors should:
1. Enter ahead of the August drilling: Use dips below $0.30 (as of June 2025) as buying opportunities.
2. Set a stop-loss: Below $0.20 to manage downside risk.
3. Monitor government updates: FAST-41 inclusion or DoD funding announcements could catalyze a surge.

While antimony-focused peers like Centerra Gold (CG.TO) or Sandstorm Metals (SAND.V) exist, Horse Heaven's proximity to an approved mine and strategic U.S. focus gives it an edge. This is a speculative play for investors willing to bet on domestic critical minerals revival.

Final Take

Resolution Minerals' Horse Heaven Project is more than a mining venture—it's a national security play. With antimony prices climbing and U.S. policy favoring domestic supply chains, the coming months could cement Horse Heaven's legacy. For contrarians, the August drilling window offers a chance to capitalize on a potentially game-changing resource in America's critical minerals renaissance.

Actionable idea: Accumulate RESZF ahead of the August drilling, with a focus on the company's ability to deliver antimony-rich results.

Note: Always conduct further due diligence and consult a financial advisor before making investment decisions.