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Golden Horse Minerals Limited (ASX:GHM)

ALERT: Price-sensitive ASX Announcement for GHM
Current share price for GHM : $0.410 0.015 (3.80%)+
Announcement
Release
21 Jul 2026 8:58AM
Price at Release
$0.395
Full Release
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Summary
Golden Horse Minerals Limited (ASX: GHM) reported significant progress in its Quarterly Activities Report for June 2026. The company's exploration efforts at the Southern Cross Gold Project, particularly at the Hopes Hill site, have expanded the mineralized system beyond 3 kilometers of strike length. High-grade gold zones were identified, and drilling results indicate that mineralization continues at depth, suggesting the potential for a large-scale gold system. The company completed over 50,000 meters of drilling in the first half of 2026, with strong financials showing $30.6 million in cash as of June 30, 2026. Regional exploration also yielded promising results, including high-grade gold finds at Hakes Find and Greenmount. Looking ahead, GHM plans to continue its exploration and drilling activities, aiming for further resource estimation and potential growth in its project areas.
Key Points
  • Continued multi-rig drilling at Hopes Hill.
  • Hopes Hill mineralized system extended beyond 3 kilometers.
  • Significant high-grade gold intercepts reported.
  • Over 50,000 meters of drilling completed in H1 2026.
  • $30.6 million cash on hand as of June 30, 2026.
  • Promising results from regional exploration.
  • Plans for ongoing drilling and resource estimation.
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.