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Horseshoe Metals Limited ( (AU:HOR) ) has shared an update.
Horseshoe Metals Limited has commenced Reverse Circulation (RC) drilling at its Horseshoe Lights Copper-Gold Project in Western Australia. The drilling aims to infill the Motters Copper Oxide near surface and test gold targets west of the open pit. Approximately 1,550 meters of drilling is planned in this phase, focusing on the southern extension to the northeast corner of the open pit. The company is also preparing a mining proposal for copper oxide and gold surface material processing and is in negotiations with commodity traders for potential copper offtake and funding arrangements.
More about Horseshoe Metals Limited
Horseshoe Metals Limited operates in the mining industry, focusing on the exploration and development of copper and gold projects. Its primary project is the Horseshoe Lights Copper-Gold Project located in Western Australia.
YTD Price Performance: 142.86%
Average Trading Volume: 725,288
Technical Sentiment Signal: Buy
Current Market Cap: A$25.31M
See more data about HOR stock on TipRanks’ Stock Analysis page.