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Golden Horse Minerals Limited (ASX:GHM)

ALERT: Price-sensitive ASX Announcement for GHM
Current share price for GHM : $0.400 -0.053 (-11.60%)+
Announcement
Release
18 Jun 2026 8:24AM
Price at Release
$0.453
Full Release
download
Summary
The document provides an exploration update for Golden Horse Minerals Limited focusing on their Hopes Hill project. It details significant drilling results from the Hopes Hill Main and North areas, highlighting intercepts of high-grade gold mineralization. The report also outlines plans for future exploration, including infill and deep diamond drilling, as well as resource estimation. The Hopes Hill project is strategically located with no known licensing impediments, contributing to promising exploration potential.
Key Points
  • Hopes Hill is located approximately 8km north of Southern Cross.
  • Drilling activities are confined to granted tenements M77/1266, M77/1296, E77/2658, and M77/551.
  • The geological target is a typical structurally hosted orogenic gold zone.
  • Recent drilling results from Hopes Hill Main include intercepts such as 24.18m @ 2.20 g/t Au and 14m @ 2.77 g/t Au.
  • Future work includes infill drilling, deep diamond drilling, and resource estimation.
  • Significant intercepts were recorded for various drill holes including 12m @ 7.29 g/t Au and 4m @ 20.22 g/t Au.
  • Historical exploration was completed by companies like Broken Hill Metals.
  • The project area has no known impediments to obtaining a license.
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.