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

Golden Horse Minerals Q2 2026 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 TU earnings summary20 Jul, 2026

Executive summary

  • Drilling at Hopes Hill extended the mineralised system beyond 3km, confirming continuity of high-grade gold both along strike and at depth.

  • Regional exploration at Hakes Find and Greenmount delivered shallow and deep high-grade gold intercepts, expanding the pipeline of targets.

  • An independent review of the Sorrel Copper Project identified multiple high-priority copper, cobalt, uranium, and rare earth targets, reaffirming the project's growth potential.

  • No safety or environmental incidents were recorded, and the company maintained strong operational momentum.

Financial highlights

  • Cash on hand at 30 June 2026 was approximately $30.6 million.

  • Payments to related parties during the quarter totaled ~$131k for director salaries and fees.

  • Actual use of funds since ASX admission matched the prospectus estimate of $18 million over 18 months.

Outlook and guidance

  • Ongoing RC and diamond drilling at Hopes Hill and regional prospects will continue into the September quarter.

  • The inaugural Mineral Resource Estimate for Hopes Hill is planned for the second half of CY2026.

  • Continued regional exploration and follow-up at the Sorrel Copper Project are scheduled for the dry season.

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