Golden Horse Minerals (ASX:GHM) found high-grade gold mineralization during a maiden drilling program in its Hakes Find gold project in Western Australia, according to a Friday filing with the Australian bourse.
The drilling program results yielded eight meters at 4.84 grams per ton of gold from a depth of 26 meters including one meter at 25.89 g/t gold.
Planning is underway for metallurgical testing and further infill drilling to extend down-dip mineralization and strike extensions associated with the historic workings at the project, the filing added.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.