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Golden Horse Minerals Reports CAD 413K Operating Cash Outflow Amid Strong Cash Reserves

6:23pm on Sunday 1st of June, 2025 AEST Mining
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Golden Horse Minerals Reports CAD 413K Operating Cash Outflow Amid Strong Cash Reserves

6:23pm on Sunday 1st of June, 2025 AEST
Key Points
  • Net cash outflow from operating activities of CAD 413,000
  • Significant payments totaling CAD 749,000 for exploration and evaluation
  • Cash and cash equivalents stood at CAD 13.37 million at quarter-end
  • Financing activities contributed CAD 430,000 in proceeds, partially offsetting cash outflows
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