Golden Horse Minerals Launches Regional Drilling at High-Grade Golden Valley Targets

• Commencement of regional RC drilling at Marionete / Star of Ennuin, Lake View, and Baby Queen prospects
• Historic gold grades exceeding 37 g/t and rock chip assays up to 100 g/t Au
• Approximately 2,000m of drilling planned to test shallow gold mineralisation
• Ongoing diamond drilling and assay processing at Hopes Hill with continuous updates expected
• Golden Horse targets rapid exploration progress ahead of 2026 with multiple drill programs

Exploration Momentum Builds at Golden Valley

Golden Horse Minerals Limited (ASX – GHM) has kicked off a significant regional reverse circulation (RC) drilling program focused on the Golden Valley area, a region known for its historic high-grade gold workings. This campaign follows an accelerated pre-collar drilling phase at the Hopes Hill project and marks a strategic push to test multiple promising prospects including Marionete / Star of Ennuin, Lake View, and Baby Queen.

The company plans to drill approximately 2,000 metres across these targets, aiming to delineate shallow gold mineralisation that could potentially extend the known resource base. The Marionete / Star of Ennuin trend, in particular, boasts a mapped strike length of over 300 metres with historic production records indicating grades as high as 37 grams per tonne (g/t) gold. Recent rock chip sampling by Golden Horse has yielded assays up to an impressive 100 g/t Au, underscoring the high-grade potential of this corridor.

Historic Workings and Modern Exploration

Lake View and Baby Queen, located about one kilometre apart, have a rich history of small-scale mining with documented production of roughly 150 ounces from 160 tonnes of ore, reflecting grades exceeding 20 g/t Au. These prospects feature quartz vein mineralisation hosted within favourable greenstone geology, including basalt, ultramafic, and banded iron formations. Golden Horse’s drilling programs at these sites will include 10 holes at Lake View and 6 holes at Baby Queen, targeting depths up to 90 metres and 60 metres respectively.

Meanwhile, at Hopes Hill, the company continues its diamond drilling campaign with two rigs onsite. Core logging and assay processing are ongoing, with results expected to be released progressively. This dual approach of resource definition at Hopes Hill combined with regional exploration at Golden Valley reflects Golden Horse’s ambition to build a robust pipeline of high-quality gold assets in Western Australia’s prolific Southern Cross Greenstone Belt.

Strategic Outlook and Market Positioning

Managing Director Nicholas Anderson highlighted the company’s efficient use of drilling resources, noting that the redeployment of the RC rig to regional targets allows Golden Horse to maintain exploration momentum ahead of 2026. The company’s extensive tenement package north of Southern Cross provides a fertile ground for discovery, with multiple walk-up drill targets identified through recent field reconnaissance and geological mapping.

Golden Horse’s methodical approach, combining historical data with modern exploration techniques, aims to unlock value from underexplored gold corridors. The company has committed to timely market updates on drilling progress and assay results, which will be critical for investors tracking the potential expansion of the company’s resource base.

Bottom Line?

Golden Horse’s regional drilling campaign sets the stage for a pivotal exploration phase that could redefine its gold resource potential in 2026.

Questions in the middle?

• Will the upcoming assay results confirm the high-grade potential indicated by historic workings and recent rock chip samples?
• How might the new drilling data influence Golden Horse’s resource estimates and development timeline?
• What are the implications of these regional targets for the company’s long-term strategic positioning in the Southern Cross gold district?