Latest Black Horse Mining (ASX:BHL) News

Exploration results, project funding and takeover activity drove another busy week across Australia’s materials market.
Investors rewarded new production plans and strong drill results, but several small-cap gaps quickly lost ground.

Black Horse Mining has uncovered a new high-grade gold zone at its Mt Egerton project, revealing a previously overlooked west-dipping fault lode with grades exceeding 10 g/t Au. Planned drilling aims to test the down-dip continuity and expand target areas.

Small-cap materials shares produced some of the market’s biggest moves, led by a dramatic rise in Accent Resources and strong gains in gold and critical metals explorers.
Investors also weighed new project funding, drilling results, acquisitions and several steep falls after opening price gaps.

Black Horse Mining Limited completed an $8 million IPO and acquired an 80% stake in the Mt Egerton Gold Project holder. The company reported a $5.87 million loss for FY26, driven by exploration costs and significant share-based payments.

Black Horse Mining has delivered compelling early assay results from its maiden drilling program at Mt Egerton, confirming near-surface, high-grade gold mineralisation and setting the stage for deeper exploration.

Black Horse Mining has reported exceptional high-grade gold results from its Mt Egerton project, including assays reaching 46.2 grams per tonne, extending known mineralisation vertically by 10 metres. The findings reinforce the potential for significant unmined gold lodes at shallow depths.

Black Horse Mining’s initial drilling at Mt Egerton reveals promising high-grade, near-surface gold, setting the stage for a deeper exploration phase.

Black Horse Mining successfully completed an $8 million IPO and has begun active exploration at its Mt Egerton Gold Project, with drilling results expected by February 2026.