Golden Horse Minerals (GHM) Investor presentation summary

Investment highlights

• Holds a dominant tenement position in the +19Moz Southern Cross Greenstone Belt, with advanced gold projects and a large pipeline of exploration prospects.

• Fully funded for an aggressive exploration program in 2026, with $31M cash on hand as of June 2026 and a market capitalization of A$102M.

• Board and management have a proven track record in Western Australian gold, supported by strong institutional and strategic shareholders.

• Focused on delivering growth through consistent news flow and rapid advancement of assets to Mineral Resource Estimate (MRE) status.

Exploration and project development

• Over 41.5km of drilling completed since January 2025, with more than 200 holes drilled, all intersecting mineralisation at Hopes Hill.

• 2026 exploration program triples drill metres compared to 2025, with over 50km drilled in H1 and another 50km planned for H2.

• Hopes Hill project demonstrates broad, high-grade gold intercepts, with mineralisation open in all directions and significant strike potential.

• Regional projects such as Greenmount and Paddocks show high-grade intercepts and untested anomalies, with further drilling planned.

Hopes Hill project specifics

• Produced over 216koz at 2.5g/t Au from 1895 to 1989; now consolidated under one owner for the first time.

• Recent drilling at Hopes Hill Main, North, and South confirms thick, high-grade mineralisation, including intercepts such as 83m @ 2.5g/t Au and 16m @ 6.8g/t Au.

• Mineralisation remains open at depth and along strike, with diamond and RC drilling confirming extensions beyond 3km.

• Metallurgical testwork in 2025 and 2026 confirms free-milling gold and +95% recoveries.