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Horseshoe Metals Limited (ASX:HOR)

ALERT: Price-sensitive ASX Announcement for HOR
Current share price for HOR : $0.028 0.009 (47.37%)+
Announcement
Release
11 Aug 2026 9:45AM
Price at Release
$0.019
Full Release
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Summary
Horseshoe Metals Limited is actively pursuing copper exploration at its Horseshoe Lights Project, focusing on targets with significant copper potential. The company has reported strong drilling results with substantial copper intercepts, underscoring the large-scale potential of their exploration targets. Planned activities include ongoing drilling campaigns, optimization of open pit models, and various metallurgical tests aimed at enhancing copper recovery. The project, situated around the historic Horseshoe Lights copper-gold mine, is leveraging past data and new drill findings to expand the resource base and explore both oxide and deeper copper zones. The company's strategic focus is on updating scoping studies in line with current and future copper prices to maximize project viability.
Key Points
  • Significant copper intercepts from recent drilling campaigns.
  • Focus on exploration and expansion of the Horseshoe Lights Project.
  • Ongoing activities include drilling, open pit optimization, and metallurgical tests.
  • Utilization of historical data and new findings to enhance resource estimates.
  • Strategic updates to project studies aligned with current copper market trends.
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.