Alpha Recommendation: Buy Golden Horse Minerals (GHM)

Golden Horse Minerals Limited (GHM) is a mineral exploration company primarily focused on the acquisition, exploration and development of tenure in the vicinity of Southern Cross, Western Australia which is considered prospective for gold

DRILLIING AT HOPES HILL DELIVERS EXCEPTIONAL WIDE HIGH-GRADE INTERSECTION
Highlights:
• Latest assay results from the Central Zone at Hopes Hill deliver an exceptional 43m @ 4.5 g/t Au within a broader zone of 83m @ 2.5 g/t Au. These results highlight a potential for increasing grade and width with depth, reinforcing the potential of this zone: GHHHRC0019: 43m @ 4.5 g/t Au from 103m, including:
• 14m @ 8.2 g/t Au from 132m,
• 8m @ 4.9 g/t Au from 107m, and;
• 7m @ 4.0 g/t Au from 120m
• The full mineralised zone of GHHHRC0019, which included the 43m @ 4.5 g/t Au, was an impressive 83m @ 2.5 g/t Au from 103m.
• Hole GHHHRC0019 is located approx. 50m below hole GHHHRC00011 which returned 61m @ 2.5 g/t Au from 91m and forms part of a 1.3 km long mineralised system that is open both along strike and at depth.
• To-date a total of 29 holes have been drilled since late January 2025 with multiple wide, high-grade intersections along the entire 1.3km historic Hopes Hill pit which clearly demonstrate we are working
within a large gold system.
• Drilling at Hopes Hill will continue to test mineralisation at increasing depth below the existing pit (average depth 50m) and along strike with more results expected in the near future.