• Over 125,000 metres of RC and DD drilling planned at Hopes Hill and regional targets in CY2026
• Drilling contractors have safely mobilised to site and commenced drilling
• Comprehensive regional geophysical program underway, including aeromagnetic survey

Golden Horse Minerals Limited (ASX: GHM) has announced that an aggressive exploration program of over 125,000 metres of RC and DD drilling is planned for the Company's Southern Cross Project throughout CY2026. This is over 3 times more drill metres than CY2025 and will consist of approximately 105km of reverse circulation (RC) and 23km of diamond drilling (DD), along with supplementary augur and air core drilling, soil sampling and early-stage exploration activities across the Company's extensive tenure package over the highly fertile Southern Cross Greenstone Belt. Drilling contractors have safely mobilised to site and are currently drilling follow-up holes north of the historic Hopes Hill pit which previously mined 216koz Au. Regional drilling is expected to re-commence shortly thereafter with numerous targets ready for follow-up assessment with RC drilling methods. In addition to the CY2026 RC and DD drill campaign, a comprehensive regional geophysical program is also underway, with an aeromagnetic survey currently being flown across Aurora, Ennuin and Southern Cross southern tenements. The Company's Exploration Team has been bolstered by the high-quality appointments of John Della-Marta (Exploration Manager) and Stephen Pearson (Principal Geologist - Regional), providing immediate additional horsepower to the team. Additional work programs at Southern Cross include preliminary development workstreams across environmental, hydrology, metallurgy and other technical disciplines to support the planned commencement of mining studies in H2, CY2026.

2026 is already shaping up to be a company-defining year and we look forward to sharing our successes as they develop throughout the year.