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11 stories mentioning ASX:GHMUpdated 21d ago

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Asia

Golden Horse Says Western Australia Prospect Exploration Drilling Returns with High-Grade Intercepts

Golden Horse Minerals (ASX:GHM) said initial nine-hole reverse circulation exploration drilling at the Greenmount prospect within its Southern Cross gold project in Western Australia returned with high-grade intercepts, according to a Thursday Australian bourse filing.It encountered intercepts of eight meters at 16.3 grams per tonne grade of gold from 209 meters, as well as eight meters at 8.6 g/t grade of gold from 218 meters.Grab sampling of historic stockpiles confirmed high-grade mineralization at the Withers prospect. The reverse circulation rig completed a program at the Bells and Lynette prospects, targeting shallow mineralization.Its shares rose 2% in recent trading on Thursday.

ASX:GHM
Asia

Golden Horse Minerals to Have 'Catalyst-Rich' Period Ahead, Euroz Hartleys Says

Golden Horse Minerals (ASX:GHM) continues to have a "catalyst-rich" period ahead after releasing further drill results from its Hopes Hill project in Western Australia, Euroz Hartleys said in a Thursday note.The company identified wide and high-grade gold mineralization at the project, with results of up to eight meters at 9.1 grams per tonne grade of gold from 124 meters, including four meters at 17.4g/t grade of gold from 128 meters.Further positive results showed continued strike extensions to the south and indicated a grade uplift in the southern part of the deposit, Euroz Hartleys said.Four rigs are currently active, with about 100,000 meters of drilling to be conducted this year.The company also applied for two mining leases north of the deposit.A maiden mineral resource estimate is scheduled for release between the year and early next year.Euroz Hartleys reaffirmed its speculative buy recommendation and AU$1.17 price target on Golden Horse Minerals.Golden Horse Minerals shares rose 4% in midday trade on Thursday.

ASX:GHM
Asia

Golden Horse Minerals Says Western Australia Gold Project Drilling Identifies Wide, High-Grade Gold Mineralization, Shares Up 5%

Golden Horse Minerals (ASX:GHM) said it identified wide, high-grade gold mineralization during recent drilling at its Hopes Hill gold project in Western Australia, according to a Thursday Australian bourse filing.The results were up to eight meters at 9.1 grams per tonne gold from 124 meters, including four meters at 17.4 grams per tonne gold from 128 meters.The company said drilling at Hopes Hill since 2025 is expected to surpass 100 kilometers of reverse circulation (RC) and diamond meters, with current and future results to support an upcoming maiden mineral resource estimate.Two mining lease applications at Hopes Hill North have been submitted to the Western Australia Department of Mines, Petroleum and Exploration, with the area earmarked for conceptual minor infrastructure to support the company's existing leases at Hopes Hill, it added.The company's shares rose 5% in recent Thursday trade.

ASX:GHM
Asia

Golden Horse Minerals Confirms 'Strong, Wide' Mineralization Continues at Depth at Western Australia Deposit; Shares Up 3%

Golden Horse Minerals (ASX:GHM) confirmed that "strong and wide" mineralization continues at depth at the Hopes Hill deposit, within its Southern Cross project in Western Australia, according to a Thursday filing with the Australian bourse.Results include 24 meters at 2.2 grams per tonne (g/t) grade of gold from nearly 379 meters, within a broad zone of mineralization of 40 meters at 1.5 g/t grade of gold from 379 meters, the filing said.Drilling at the deposit is ongoing, with two diamond and one reverse circulation rig targeting lode extensions, per the filing.Shares rose nearly 3% in afternoon trade Thursday.

ASX:GHM
Asia

Golden Horse Minerals Confirms High-Grade Mineralization at Western Australia Prospect; Shares Down 5%

Golden Horse Minerals (ASX:GHM) confirmed high-grade mineralization from regional reverse circulation drilling at the Hakes Find prospect in Western Australia, according to a Wednesday filing with the Australian bourse.Drilling also confirmed the continuation of mineralization over 500 meters of strike length, with results including 6 meters at 5.9 grams per tonne (g/t) grade of gold from 34 meters within a broader zone of 11 meters at 3.4 g/t grade of gold from 33 meters, the filing said.High-grade silver was discovered in some holes, and the analysis of gold intercepts showed a strong correlation with elevated levels of silver, arsenic, and lead.Meanwhile, the company started the inaugural reverse circulation drilling program at the Greenmount project, per the filing.Shares fell nearly 5% in midday trade Wednesday.

ASX:GHM
Asia

Golden Horse Minerals Stands Out as Sole Gold Explorer Capable of Generating Economic Ounces in Southern Cross, Euroz Hartleys Says

Golden Horse Minerals (ASX:GHM) stood out as the sole gold explorer/developer capable of generating scalable and economic ounces in the Southern Cross region of Western Australia, Euroz Hartleys said in a Thursday note.The company recently reported drill results from its Hopes Hill project, confirming high-grade mineralization at depth at the Hopes Hill North deposit.The first deep reverse circulation hole at the deposit yielded 12 meters at 7 grams per tonne grade of gold from 278 meters, roughly 700 meters to the north of the current northern limit of the main Hopes Hill pit.Drilling below and near the pit also delivered further high-grade results.Euroz Hartleys maintained its speculative buy rating and AU$1.17 target price on Golden Horse Minerals.

ASX:GHM
Asia

Golden Horse Minerals Confirms High-Grade Mineralization at Depth at Western Australia Deposit

Golden Horse Minerals (ASX:GHM) confirmed high-grade mineralization at depth at the Hopes Hill North deposit, within its Southern Cross project in Western Australia, according to a Thursday filing with the Australian bourse.The first deep reverse circulation hole at the deposit returned "exceptional" results, including 12 meters at 7 grams per tonne grade of gold from 278 meters, including five meters at nearly 15 g/t grade of gold from 282 meters, the filing said.Additionally, drilling below and near the Hopes Hill pit delivered further high-grade results.One diamond rig and two reverse circulation rigs are on-site, with a fourth rig expected to arrive soon, per the filing.Shares rose 2% in morning trade on Thursday.

ASX:GHM
Asia

Golden Horse Minerals Finds Multiple Targets for Follow-Up Testing at Northern Territory Project

Golden Horse Minerals (ASX:GHM) found multiple copper, cobalt, and uranium targets for follow-up testing at its Sorrel project in the Northern Territory following a prospectivity review, according to a Monday filing with the Australian bourse.The review confirmed the existence of at least four mineralization styles across multiple metals, including copper-cobalt, rare earth elements, uranium, and base metals, the filing said.Planned exploration programs for the project include field validation, consolidation and ranking of priority targets, and a review of geophysical surveys over the main resource areas, per the filing.

ASX:GHM
Asia

Golden Horse Minerals' Latest Drill Results Support Mineral Resource Estimate Growth, Euroz Hartleys Says

Golden Horse Minerals' (ASX:GHM) latest drilling results support growth for the maiden mineral resource estimate at its Hopes Hill project in Western Australia, Euroz Hartleys said in a Thursday note.The company reported high-grade gold mineralization, with results of up to 16 meters at 6.8 grams per tonne (g/t) grade of gold from 115 meters, including 1 meter at 98.4 g/t grade of gold.Results indicate a mineralized strike exceeding 2.5 kilometers, with a 125-kilometer drilling program and further targeting in progress.The project demonstrates promise for a "solid grading" open pit operation, with potential for underground development dependent on drilling results at depth, the financial services firm said.The company is considered as the sole gold explorer/developer with potential for scalable and economically viable gold ounces in the Southern Cross region, and with control over an entire greenstone belt, according to Euroz Hartleys.Euroz Hartleys reaffirmed its speculative buy recommendation and AU$1.17 price target on Golden Horse Minerals.Golden Horse Minerals shares rose 1% in midday trade Friday.

ASX:GHM
Asia

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

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.

ASX:GHM
Asia

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

Golden Horse Minerals (ASX:GHM) intersected high-grade gold mineralization within a shear zone at Hopes Hill South at the Hopes Hill prospect in Western Australia, according to a Tuesday Australian bourse filing.It encountered an intercept of seven meters at 13.02 grams per tonne grade of gold from 13 meters downhole, confirming the presence of a mineralized shear zone below historic shallow workings.It also hit intercepts of 11 meters at 2.2 g/t grade of gold from 144 meters, as well as six meters at 3.6 g/t grade of gold from 107 meters during ongoing drilling across Hopes Hill North and Hopes Hill Main.Its shares rose 1% in recent trading on Tuesday.

ASX:GHM

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