Golden Horse Showcases 100% Drill Hit Rate and Proven Gold Production at Forum
Golden Horse Minerals is set to showcase its dominant Southern Cross tenements and robust drilling success at the upcoming Diggers and Dealers Mining Forum. The company underscores proven gold production and a growing exploration pipeline ahead of a maiden resource estimate.
- Dominant tenement position in Southern Cross Greenstone Belt
- All 200+ drill holes intersected mineralisation
- Proven gold production with 216koz recovered historically
- Exceptional gold recoveries exceeding 95% in recent tests
- Advanced asset development with extensive exploration pipeline
Dominant Position in a Proven Gold Belt
Golden Horse Minerals (ASX:GHM) is leveraging its commanding landholding within the Southern Cross Greenstone Belt, a region boasting over 19 million ounces of historic gold production. This dominant tenement position underpins the company’s exploration and development strategy, positioning it well within a prolific geological setting that has already yielded substantial gold endowment.
Drilling Success Across the Board
Since its IPO, Golden Horse has drilled over 200 holes with an impressive 100% hit rate for mineralisation. This consistent success across multiple prospects, including the flagship Hopes Hill Main, supports the company’s confidence as it advances towards a maiden Mineral Resource Estimate (MRE). The Hopes Hill project alone has a historical production footprint of 216,000 ounces of gold recovered to 1989, highlighting the scale of the opportunity.
Proven Production and Metallurgical Credentials
Golden Horse’s recent metallurgical testwork further validates the project’s potential, with gold recoveries exceeding 95% in 2025 BLEG (Bulk Leach Extractable Gold) testing. A 2026 microscopy study has confirmed the presence of free-milling gold, which bodes well for straightforward processing and cost-effective extraction. These factors combine to enhance the economic prospects of the Southern Cross assets.
Strategic Presentation at Diggers and Dealers
Managing Director Nicholas Anderson will present these developments at the Diggers and Dealers Mining Forum on 4 August, providing investors with detailed insights into Golden Horse’s exploration progress and production credentials. The presentation underscores the company’s momentum since listing, including strong share price performance and a growing pipeline of exploration targets.
Exploration Pipeline and Next Steps
Beyond Hopes Hill, Golden Horse is actively advancing regional prospects such as Greenmount and the Sorrel Copper Project, the latter having reported encouraging multi-metal potential in prior releases. The company’s strategy includes converting advanced assets to MRE status while maintaining a robust pipeline of greenfield targets, setting the stage for sustained growth and value creation.
Bottom Line?
Golden Horse’s presentation at Diggers and Dealers will crystallise its progress in unlocking a historically rich gold belt, with exploration and metallurgical data reinforcing its pathway towards resource definition and potential production.
Questions in the middle?
- How will Golden Horse prioritise its extensive exploration pipeline post-MRE?
- What impact will the confirmed free-milling gold have on future processing strategies?
- Could the Sorrel Copper Project’s multi-metal potential diversify the company’s asset base?
