Golden Horse Minerals
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Golden Horse Minerals (GHM) investor relations material

Golden Horse Minerals Investor presentation summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Investor presentation summary11 Nov, 2026

Investment thesis

  • Dominant tenement position within the +19Moz Southern Cross Greenstone Belt, with projects on granted mining leases and access to key infrastructure.

  • Strategy centers on advancing high-grade gold projects in Western Australia, building Hopes Hill toward an inaugural MRE and maintaining consistent exploration news flow.

Funding and exploration program

  • A$23M cash at 30 September 2026 supports a fully funded 2026 exploration program.

  • More than 50km drilled in H1 and more than 50km planned for H2 across RC, diamond and aircore programs; 2026 drilling targets 3x 2025 metres.

  • 255M shares and CDIs on issue, A$112M market capitalisation and 21M off-market instruments; A$0.44 share price at 9 November 2026.

Hopes Hill gold project

  • Historic underground and open-pit mining produced more than 216koz at 2.5 g/t Au; more than 100km has been drilled to date, with an inaugural MRE targeted.

  • High-grade intercepts include 4m at 73.3 g/t Au at Hopes Hill North, 7m at 13.0 g/t Au at South and 16m at 6.8 g/t Au at Main.

  • Mineralisation extends beyond 3km of strike and diamond drilling has intersected wide, high-grade mineralisation more than 350m below surface; mineralisation remains open.

  • 2025 BLEG testwork returned more than 95% recoveries, and 2026 microscopy confirmed free-milling gold.

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