Golden Horse Minerals Delivers Exceptional Gold Drill Results at Hopes Hill

Golden Horse Minerals Limited (ASX: GHM) has revealed strong assay results from ongoing drilling at the Hopes Hill project in Western Australia, reinforcing the gold potential beneath the historic open pit.

The highlight of the recent drilling at Hopes Hill came from drill hole GHHHRC0019, which intersected 43 meters at 4.5 g/t Au from 103 meters depth. This high-grade zone is part of a broader 83-meter intersection averaging 2.5 g/t Au. Within the 43 meters, sub-zones included 14 meters at 8.2 g/t Au, 8 meters at 4.9 g/t Au, and 7 meters at 4.0 g/t Au, potentially locating a robust and extensive gold system.

These results support Golden Horse’s ongoing exploration beneath the shallow pit, where drilling has now extended 1.3 kilometres along strike. Other notable intersections from the drilling program include hole GHHHRC00011, which returned 61 meters at 2.5 g/t Au from 91 meters depth, further affirming the scale of the mineralisation.

Courtesy: Golden Horse Minerals

Managing Director Nicholas Anderson commented, “What a great result released today that reinforces our expectation that a substantial body of mineralisation lies beneath the existing shallow pit at Hopes Hill. It also validates our strategy of progressively testing the Hopes Hill mineralisation at depth and along the entire 1.3 km strike of the historic Hopes Hill open pit."

“We feel we are extremely well positioned with a great team, a great project, cash in the bank and a strong shareholder support base that permits the Company to remain a front runner among its peers.”

Drilling to continue

Since drilling began in January 2025, 29 holes have been completed, delivering multiple wide, high-grade intercepts. Golden Horse plans to continue testing the mineralisation both at depth and along strike, with further results expected soon.

The market capitalisation of GHM is approximately A$27.7M at 30 cents per share.