Golden Horse Minerals (GHM) H1 2026 earnings summary

Executive summary

• Mineral exploration activities focused on Western Australia and Northern Territory, with significant investments in exploration and evaluation assets during the period.

• The company is listed on the ASX and maintains offices in both Canada and Australia.

Financial highlights

• Net loss for the six months ended June 30, 2026 was $4,365,856, compared to a net loss of $2,110,828 for the same period in 2025.

• Total assets as of June 30, 2026 were $84,265,066, down slightly from $84,795,115 at December 31, 2025.

• Cash and cash equivalents decreased to $30,624,895 from $43,664,499 at year-end 2025.

• Deferred exploration and evaluation costs increased to $52,189,217 from $39,853,291 at year-end 2025.

• Total comprehensive loss for the period was $4,365,762.

Outlook and guidance

• No subsequent events or circumstances have arisen since June 30, 2026 that would significantly affect future operations or financial position.