Quarterly Activities/Appendix 5B Cash Flow Report

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Stock BHL.ASX (BHL.ASX)
Release Time 23 Apr 2026, 8:14 a.m.
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 Quarterly Activities/Appendix 5B Cash Flow Report
Key Points
  • Completed maiden drilling program at Mt Egerton Gold Project
  • Confirmed exceptional, high-grade, near-surface gold mineralisation
  • Appointed new Executive Director and Chief Financial Officer
Full Summary

During the quarter, Black Horse Mining Ltd completed its maiden drilling program at the Mt Egerton Gold Project. The company drilled a total of 618m of diamond core across seven holes within Target Area B. Assay results for several holes are still pending and will be reported to the market as they become available. The drilling program confirmed exceptional, high-grade, near-surface gold mineralisation, with hole 26MEDD005 intersecting a 5.2m mineralised zone from 55.8m (with assayed intervals up to 17.4 g/t Au and 14.6 g/t Au) and hole 26MEDD004 returning a 4.4m mineralised zone from 49.65m with assays up to 46.2 g/t Au and 20.5 g/t Au. Several historical underground workings were also intersected during the drilling. The company also announced the appointment of Mr Charles McHugh as Executive Director and Ms Amber Rivamonte as Chief Financial Officer during the quarter.