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An announcement from Horseshoe Metals Limited ( (AU:HOR) ) is now available.
Horseshoe Metals Limited has announced promising results from its Reverse Circulation drilling at the Motters Zone within the Horseshoe Lights Copper Gold Project. The drilling confirmed significant shallow copper mineralization, enhancing confidence in the oxide resources and supporting their inclusion in a scoping study. The company plans to commence Direct Shipping Ore operations and is negotiating with commodity traders for potential copper offtake agreements, indicating a strategic move to strengthen its operational and market positioning.
More about Horseshoe Metals Limited
Horseshoe Metals Limited is a company operating in the mining industry, primarily focused on copper and gold exploration and development. The company is engaged in projects such as the Horseshoe Lights Copper Gold Project in Western Australia, aiming to enhance its copper oxide resources and expand its market presence.
YTD Price Performance: 121.43%
Average Trading Volume: 595,892
Technical Sentiment Signal: Buy
Current Market Cap: A$23.08M
For detailed information about HOR stock, go to TipRanks’ Stock Analysis page.