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Golden Horse Minerals Limited (ASX:GHM)

ALERT: Price-sensitive ASX Announcement for GHM
Current share price for GHM : $0.405 -0.035 (-7.95%)+
Announcement
Release
10 Jun 2026 8:48AM
Price at Release
$0.440
Full Release
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Summary
Golden Horse Minerals Limited announced regional exploration success at Southern Cross, highlighted by a 49-hole RC drilling program at Hakes Find which confirmed high-grade gold mineralisation along with significant silver findings. These results, located 10km southwest of Southern Cross, indicate a strong continuation of mineralisation over a 500m strike length. In addition to Hakes Find, drilling has commenced at the Greenmount project, where previous efforts had reported high-grade gold intersections. The ongoing exploration at Hopes Hill further supports the company's strategy, revealing substantial gold intercepts with expansion plans. These endeavors are part of Golden Horse’s broader strategy to explore and develop gold prospects along the Frasers Shear Zone in Western Australia.
Key Points
  • Golden Horse Minerals Limited has achieved significant exploration success at their Southern Cross projects.
  • The company has completed a 49-hole RC drilling program at Hakes Find, identifying high-grade gold mineralisation over a 500m strike length.
  • High-grade silver was also found at Hakes Find, demonstrating potential pathfinder elements for further exploration.
  • Drilling at the Greenmount project has begun, with previous efforts showing promising high-grade intersections.
  • Ongoing exploration at Hopes Hill continues to yield significant gold intercepts, with plans for further drilling and analysis.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.