• Exceptional high-grade, near-surface gold intersected in hole 26MEDD004, with assays up to 46.2g/t Au
• New mineralised zone extends known high-grade gold ~10m vertically above previous intercept
• Planned follow-up drilling to define extent and continuity of high-grade zones

Black Horse Mining Ltd (BHL or the Company) is pleased to report further outstanding high-grade gold results at the Mt Egerton Gold Project from hole 26MEDD004. Hole 26MEDD004 intersected a compelling 4.4m zone of gold mineralisation from 49.65m to 54.05m downhole, with assays up to 46.2g/t Au. This intercept is particularly significant as it extends the high-grade zone encountered in 26MEDD0051 by approximately 10m vertically and strongly supports the Company's geological model that significant unmined gold lodes remain within the Mt Egerton gold field, including at shallow depths where historic mining was at its most extensive. The Company is planning a further targeted drilling campaign in this area to define the extent and continuity of these high-grade zones, with results expected to materially advance the Company's understanding of the resource potential at Mt Egerton.

The Company is planning a further targeted drilling campaign in this area to define the extent and continuity of the high-grade zones, with results expected to materially advance the Company's understanding of the resource potential at Mt Egerton.