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Horseshoe Metals Limited ( (AU:HOR) ) has provided an update.
Horseshoe Metals Limited has reported promising results from its reverse circulation drilling at the Horseshoe Lights Copper Gold Project, revealing significant shallow copper mineralization at the Motters Zone. The company plans to advance its drilling efforts to increase resource confidence and is negotiating potential copper offtake and funding arrangements with well-known commodity traders, which could enhance its operational and market positioning.
More about Horseshoe Metals Limited
Horseshoe Metals Limited operates in the mining industry, focusing on copper and gold exploration and development. The company’s primary project is the Horseshoe Lights Copper Gold Project in Western Australia, where it is actively engaged in drilling and resource definition activities.
YTD Price Performance: 128.57%
Average Trading Volume: 583,695
Technical Sentiment Signal: Buy
Current Market Cap: A$24.56M
For detailed information about HOR stock, go to TipRanks’ Stock Analysis page.