Resolution Minerals lands a second FAST-41 permit for its Golden Gate project, giving the explorer a federal fast track for antimony, tungsten, and gold development alongside its Antimony Ridge project.
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Resolution Minerals (ASX:RML) has secured FAST-41 permitting status for its Golden Gate project in Idaho, the company said today. The designation lets the explorer accelerate federal permitting for exploration and development through enhanced inter-agency coordination and oversight.
This is the second FAST-41 designation Resolution has received in the U.S. The first came in April for its Antimony Ridge project. Both sit within the company's 15,000-acre Horse Heaven property, which is positioned for antimony, tungsten, and gold production. The U.S. Forest Service plans to permit both under a single National Environmental Policy Act process to further streamline development.
“We are very pleased that Golden Gate has been selected for FAST-41 Transparency Coverage,” said Craig Lindsay, CEO of Resolution's U.S. operations. “I am not aware of any other critical metals company with two FAST-41 projects, which I believe is a mark of the potential importance of Horse Heaven… achieving its goal of developing supplies of both antimony and tungsten.”
The FAST-41 program was established to improve federal permitting efficiency and transparency. Inclusion allows public tracking of permitting timelines via the Federal Permitting Dashboard, a feature that could increase visibility for investors and help engage potential strategic U.S. partners.
Golden Gate encompasses the past-producing Golden Gate mine, which operated from 1952 to 1980 with reported tungsten grades of 1.5% to 2%. Resolution recently submitted a Plan of Operations that includes provisions for new roads, up to 340 drill holes, and 2,000 feet of trenching.
Resolution shares traded at 4.6 Australian cents, down 2% on the session.
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