Resolution Minerals Ltd. announce that the Company has received all regional results from the 2022 field campaign and the final report for an Independent Geological Review on the 64North Project in Alaska. The 2022 regional exploration field work program was completed on the back of the focussed Tourmaline Ridge diamond drilling campaign, which had encouraging drilling results up to 6.7g/t Au. The low-cost regional work included an Extremely Low Frequency Electromagnetics (ELF-EM) ground geophysical survey, surface geochemical sampling and mapping, primarily designed to identify new drill targets at the East Pogo and Divide claims, with a particular focus on the Miranda and George prospects.

Other regional targets were assessed at the same time as part of good exploration practice for advancing the Company's target pipeline. Results from an Independent Geological Review were received in January 2023. The review determined that the East Pogo Prospects are the highest priority targets on the 64North Project.

This complements the recently received regional results, which defined stacked conductors beneath a gold in soil anomaly within the proximal zone of an Intrusion-Related Gold System (IRGS) at the Miranda Prospect, East Pogo. Conductors were also defined on a single ELF-EM line completed on the George Prospect, Divide. This outcome further supports potential porphyry-hosted mineralisation on the Divide Block.

2022 Regional Results - East Pogo Block: At the Miranda Prospect a tightly spaced 50 x 50m soil sampling grid was completed to define potential geochemical anomalies for future follow-up drill programs. A northeast trending linear anomaly was identified and is interpreted to be a feeder structure for gold bearing fluids. Four ELF-EM lines were completed to enable 3D modelling to refine the position of an interpreted uplifted basement block within the proximal zone of a deeper mineralised system, where late veins assayed up to 35g/t Au in historical drilling. Data from the ELF-EM modified the interpretation from being an uplifted basement block to more likely representing a shallow repeat (i.e. Upper Gold Zone) of the deeper shear (i.e. Lower Gold Zone).

This has also reinforced the value of applying geophysical methods of analysis that were previously unutilised. One of the ELF-EM sections runs parallel to the feeder structure identified in the soil sampling. An interpretation of subsurface geophysical data that incorporates surface geology has culminated in the below geological cross section.

The shear package follows along a paragneiss - granite gneiss reverse thrust contact. The shear package is positioned between a block of granite gneiss to the south-west (major terrane boundary) and major felsic intrusion (granite of the Goodpaster Batholith) to the north-east. Timing of this thrust is interpreted at 111Ma, prior to the influx of mineralising fluids approximately 1-2 million years later.

The source of mineralising fluid is interpreted to related to magnetic intrusions (?diorite). Multiple magnetic intrusions occur within the dilational zone associated with the shear package, with a larger magnetic intrusion occurring down dip on the shear, which is thought to be the Au source for the feeder zone. The Miranda Prospect is located in a zone of mapped gossanous paragneiss, directly above a portion of the shear package interpreted to be proximal to the gold source and warrants drill testing.

Drill holes could be positioned directly down the original boundary drill holes to test the shallow repeat shear and deeper holes to test the full thickness of the shear package i.e. the Upper and Lower Gold Zones. The geological model and target depths for East Pogo is not dissimilar to the Goodpaster Resource drill section released by Northern Star Resources Limited, showing high-angled feeder veins sitting above flat-lying veins, running parallel to and across the full thickness of the shear package. 2022 Regional Results - Divide Block: At the George Prospect an ELF-EM line identified a strong conductivity contrast coinciding with the margin of a 3D magnetic anomaly interpreted to be a larger porphyry stock at depth.

During 2022 geological mapping identified pyrrhotite bearing quartz porphyry talus occurring over a ~10mx100m area directly above the 3D magnetic anomaly. The talus is interpreted to be a dyke within a larger region (km scale) previously mapped as the Mt Harper Batholith, an older Cretaceous granite. The presence of pyrrhotite would explain both the conductivity and magnetic response for the coincident anomaly.

This near surface (<100m) 3D inversion magnetic anomaly model (vertical pipe-like cluster) has a footprint size (> 500m in diameter) considered typical for porphyry deposits e.g. Batu Hijau, Elang and Alumbrera. George occurs along strike from the Elaine Prospect (2km to the south-west), with previously reported historical drill core including 3.35m @ 0.42% Cu and 5.27g/t Ag from 89.92, including 0.91m @ 0.57% Cu and 5.2g/t Ag and a maximum surface quartz vein rock chip of 1.27g/t Au and 7.2g/t Ag demonstrating the Divide Block is prospective for mineralised porphyries. Geochemical anomalism at George is relatively subtle, but interesting none the less.

The best rock chip from 2022 sampling contained 81.6 ppm Cu and 0.44 g/t Ag, which is significant given the target is blind. The geophysical results from the George Prospects confirm the considerable potential for the discovery of porphyry- style Cu-Au-Mo-Ag mineralisation on the Divide Block and warrants follow up structural mapping and ground geophysics to further resolve the anomaly. 2022 Regional Results - Other East Pogo, Line 5 of the ELF-EM survey was designed to target a magnetic low interpreted to be a demagnetised zone abutting an intrusive.

This interesting flat lying resistive low, identified at depth, is similar to the Miranda Prospect. Follow up field investigation including mapping and surface sampling is warranted. ELF-EM Lines 6 and 7, completed over the Last Chance Prospect, were targeting a magnetic bullseye anomaly.

The ELF-EM determined that a resistor corresponded with biotite-magnetite granite, explaining the magnetic response and consequently downgrading the target. ELF-EM Line 8 corresponded with the California North Prospect, East Pogo. The survey delineated a subsurface resistivity contrast, likely representing a subvertical contact between granite gneiss and paragneiss.

Historical drillholes intersected the paragneiss immediately north of this contact returning narrow low grade gold results (best interval CN07-01: 2.5m @ 2.24g/t Au from 75.1m). Given no flat-lying features were defined and the vertical conductive zone had been partially tested with historical drillholes along strike, the target has now been downgraded.