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Golden Horse Minerals Intersects High-Grade Gold at Western Australia Prospect

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Golden Horse Minerals (ASX:GHM) said it intersected high-grade gold mineralization during recent drilling at its Hopes Hill project in Western Australia, according to a Thursday Australian bourse filing.

The results were up to 16 meters at 6.8 grams per tonne gold (g/t) from 115 meters, including 1 meter at 98.4 g/t gold from 130 meters, within a broader zone of eight meters at 13.1 g/t gold from 123 meters.

Reverse circulation and diamond drilling are ongoing across the Hopes Hill region, with core logging and assaying activities in progress and results expected to be released progressively, the filing added.

The company's shares were up 1% in recent Thursday trade.

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