Horseshoe Metals Receives Mining Approval for Western Australia Project; Shares Reach Two-Year High

MT Newswires Live

2025/07/02

Horseshoe Metals (ASX:HOR) secured direct shipping ore mining approval for its Horseshoe Lights project in Western Australia, according to a Wednesday filing with the Australian bourse.

The approval allows the company to deploy key personnel to the site ahead of the start-up operations this quarter, the filing said.

Further exploration and drilling campaigns are being finalized and are scheduled to be conducted this quarter, per the filing.

Shares rose more than 14% in afternoon trade Wednesday and earlier reached their highest since April 2023.

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