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An announcement from Horseshoe Metals Limited ( (AU:HOR) ) is now available.
Horseshoe Metals Limited has received approval for Direct Shipping Ore (DSO) mining at its Horseshoe Lights Copper-Gold Project in Western Australia, marking a significant milestone. This approval enables the company to begin operations and potentially generate early cash flow from high-grade copper stockpiles. With a strengthening copper market, Horseshoe is advancing discussions with potential offtake partners and planning additional exploration and drilling campaigns to expand its resource base.
More about Horseshoe Metals Limited
Horseshoe Metals Limited is a company operating in the mining industry, primarily focusing on copper and gold extraction. Its key project is the Horseshoe Lights Copper-Gold Project located in the Bryah Basin, Western Australia, which has a history of copper and gold production and contains significant in situ resources.
YTD Price Performance: 50.0%
Average Trading Volume: 897,837
Technical Sentiment Signal: Buy
Current Market Cap: A$14.07M
See more insights into HOR stock on TipRanks’ Stock Analysis page.