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Golden Horse Minerals Limited (ASX:GHM)
ALERT: Price-sensitive ASX Announcement for GHM
Current share price for GHM : $0.400 -0.06 (-13.04%)+
Announcement
Release
2 Jul 2026 9:17AM
Price at Release
$0.460
Full Release
Summary
Golden Horse Minerals Limited has released a project update for their Southern Cross Gold Project, particularly focused on the Hopes Hill mineralised trend. Significant results from Reverse Circulation (RC) and Diamond Drilling (DD) indicate strong gold intercepts, suggesting a potentially significant deposit within a +3km mineralised corridor. Recent drilling highlights include high-grade gold findings across various depths and locations within the Hopes Hill Main, North, and South zones. The company has already exceeded 100km of drilling since 2025, and the submission of two Mining Lease applications is underway. Further infill drilling and geophysical activities are planned to support a future inaugural Mineral Resource Estimate.
Key Points
- Strong intercepts along +3km Hopes Hill mineralised trend.
- High-grade gold findings in Hopes Hill Main: 8.0m @ 9.1 g/t Au from 124m, 4.4m @ 12.4 g/t Au from 234.5m.
- Planned infill drilling and deep diamond drilling to explore depth extents.
- 100km of RC and Diamond drilling completed since 2025.
- Submission of two Mining Lease applications at Hopes Hill North.
- Anticipation of an inaugural Mineral Resource Estimate.
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.
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