Golden Horse Minerals Records Deepest Gold Intersection at Hopes Hill South with 34.9m @ 2.3 g/t Au

Shwetambri Chauhan

11 November 2026 12:32 PM AEDT

Golden Horse Minerals Records Deepest Gold Intersection at Hopes Hill South with 34.9m @ 2.3 g/t Au

Image Source: Krish Capital Pty Ltd

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Golden Horse Minerals (ASX:GHM) has reported its deepest gold intersection to date at Hopes Hill South, with diamond drill hole 26HHDD035 returning a broad zone of 34.9m @ 2.3 g/t Au from 398.7m depth, located more than 300 metres vertically from surface, at the company's Southern Cross Gold Project in Western Australia.

Key Points

Hole 26HHDD035 returned 34.9m @ 2.3 g/t Au from 398.7m, including 5.1m @ 10.3 g/t Au from 428.5m — the deepest gold intersection recorded at Hopes Hill South to date
Diamond tail hole 26HHRCD168 returned 18.0m @ 2.7 g/t Au from 307.0m, located approximately 80 metres from hole 26HHDD035
Additional intersections along the +4km mineralised trend include 26HHRC207 returning 10m @ 3.6 g/t Au from 19m and 26HHDD040 returning 3.0m @ 5.0 g/t Au from 536.0m
Mineralisation at Hopes Hill South remains open at depth; further infill and extensional drilling is planned for 2027
The RC rig has commenced mobilising from Hopes Hill to test the Golden Valley Group and Withers prospects north of Bullfinch

Hopes Hill South Deep Diamond Drilling Results

Diamond drilling at Hopes Hill South has intercepted mineralisation down dip approximately 110 metres from previously reported RC holes 26HHRC138, 26HHRC139 and 26HHRC162. Hole 26HHDD035 returned a broad zone of 34.9m @ 2.3 g/t Au from 398.7m, including a high-grade zone of 5.1m @ 10.3 g/t Au from 428.5m and 14.3m @ 1.6 g/t Au from 398.7m. The intercept is approximately 150 metres below an earlier RC hole that returned 27m @ 1.4 g/t Au from 179m in hole 26HHRC139. The mineralisation within 26HHDD035 is open at depth, according to the filing.

Additional Intersections Across the Hopes Hill Mineralised Trend

Multiple mineralised intersections have been returned from both reverse circulation and diamond drilling along the +4km mineralised trend at Hopes Hill. Diamond tail hole 26HHRCD168 returned 18.0m @ 2.7 g/t Au from 307.0m, including 7.0m @ 5.2 g/t Au from 316.0m, and is located approximately 80 metres south of hole 26HHDD035. RC hole 26HHRC206 returned 17m @ 1.6 g/t Au from 62m, while 26HHDD040 returned 3.0m @ 5.0 g/t Au from 536.0m. The company disclosed that drilling has been conducted surrounding the 216,000-ounce Hopes Hill deposit approximately 7 kilometres north of Southern Cross, Western Australia.

Regional Drilling Activity and 2027 Exploration Plans

The company disclosed that its RC rig has commenced mobilising from Hopes Hill to undertake regional drilling for the remainder of the calendar year, targeting the Golden Valley Group and Withers prospects north of Bullfinch. Regional greenfields activity is continuing at the Flemington and Randwick prospects, with aircore drilling planned to continue for several weeks. The company stated that further infill and extensional drill testing at Hopes Hill South, including testing along strike and at depth, is planned as a high-priority area for exploration in 2027. Resource modelling activities are also progressing, according to the filing.

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