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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.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.
- Hopes Hill's standout 73.3 g/t Au result adds momentum to a broad exploration pipeline.GHM
Q3 2026 TU - High-grade gold discoveries and aggressive drilling drive Hopes Hill toward standalone mine status.GHM
Mining Forum Americas 2026 - Net loss increased to $4.4M as exploration spending rose and cash reserves declined.GHM
H1 2026 - 2026 drilling triples, targeting high-grade gold and copper with strong cash and leadership.GHM
Diggers & Dealers Mining Forum 2026 - Aggressive 2026 exploration targets high-grade gold at Hopes Hill, backed by strong funding.GHM
Investor presentation - Hopes Hill gold system extended beyond 3km with robust cash reserves and strong exploration results.GHM
Q2 2026 TU - High-grade gold intercepts, Sorrel Copper acquisition, and $15M capital raise drive growth.GHM
Q2 2025 TU - High-grade gold projects advance rapidly with strong results and robust exploration pipeline.GHM
Investor presentation - Advancing high-grade gold and copper projects with strong exploration results and growth potential.GHM
Investor presentation
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