Golden Horse Minerals (GHM) investor relations material

Strategic positioning and asset overview

• Holds the largest land package in the Southern Cross Greenstone Belt, exceeding 1,800 sq km and over 100 km of strike, assembled through 20 corporate transactions.

• Flagship asset Hopes Hill sits on a mining lease and historic mill site, with drilling success leading to focus on this area.

• Strong financial backing with AUD 42 million at the start of 2026 and over AUD 30 million by June, supporting an aggressive 100 km drilling program.

• Support from major shareholders, including Emerald Resources (20%) and North American institutional investors.

• Coverage from leading brokers and analysts, with positive sentiment on progress.

Exploration progress and drilling results

• Achieved 50 km of drilling by June 2026, on track for 100 km by year-end.

• Significant gold intercepts at Hopes Hill, including 4 m at 70 g/t and 65 m at 2.5 g/t, with mineralization open at depth and along strike.

• Only a fraction of identified targets at Hopes Hill have been drilled due to ongoing success; mineralization extends over 4 km strike and remains open.

• Additional promising results from regional prospects such as Greenmount and Marionette, with high-grade intercepts and gold from surface.

• Over 3,000 historical shafts identified across the tenure, highlighting exploration potential.

Development plans and operational outlook

• Hopes Hill expected to become a substantial standalone mine, with simple metallurgy and high recoveries (>97%) confirmed by recent studies.

• Environmental studies and permitting are well advanced, leveraging existing infrastructure and proximity to town, rail, and utilities.

• Aggressive drilling and exploration to continue into next year, maintaining high news flow and testing additional targets.

• Sorrel copper project in the Northern Territory, with 88,000 tonnes copper and cobalt resources, to be spun out to shareholders.

• Management and geological team credited for successful targeting and execution of drill programs.