USD $4,143.86
Goldman Company Plans Extensive Exploration Across Southern Cross Project
Golden Horse Minerals Limited (ASX:GHM) has announced its admission to the Official List of the ASX, with trading of its Chess Depositary Interests (CDIs) set to begin at 1:00 pm (AEDT) on 16 December 2024. The company successfully raised A$18 million (before costs) to fund its exploration and development activities.
Key exploration initiatives planned for 2025 include:
- Mineral Resource Definition Drilling: Targeting key prospects such as Hopes Hill, Hakes Find, and Pilot to establish a robust gold resource base.
- Brownfields Exploration: Expanding known gold zones at sites like Greenmount and Baby Queen, leveraging historical data.
- Greenfields Exploration: Advancing new target identification across the Southern Cross Project area.
Golden Horse Managing Director and CEO Nicholas Anderson stated:
The Board and management team of Golden Horse would like to take this opportunity to thank existing and new security holders for their strong support during the ASX listing process. We are committed to working diligently to maximise our strategic position in the Southern Cross region, with the objective of delivering real value to our shareholders.
Golden Horse is 100% focused on drilling our priority targets which we believe are capable of unlocking the immense potential of the region for additional resources and new discoveries.
The Company anticipates significant news flow as we undertake stage one drilling and I look forward to keeping security holders informed of our progress.
