Hopes Hill Delivers More Visible Gold

• First diamond hole north of Hopes Hill intersects visible gold with 16m @ 6.8 g/t Au
• Hole located outside previous tenement constraints, unlocking further exploration potential
• Additional high-grade intercepts extend Hopes Hill mineralization along strike and at depth

Golden Horse Minerals Limited (ASX: GHM) has intersected visible gold in the first diamond drill hole at Hopes Hill North in hole 26HHDD010, which returned a broad down hole intercept of 16.0m @ 6.8 g/t Au from 115.0m, including 1.0m @ 98.4 g/t Au from 130.0m within a broader zone of 8m @ 13.1 g/t Au from 123.0m. This intercept is significant as it was collared outside the mining tenement M77/551 which constrained the previously mined Hopes Hill pit. The company has now unlocked the entire Hopes Hill tenure package, allowing further exploration and potential future open pit mining. Additional high-grade intercepts have also been reported to the south and at depth of the historic Hopes Hill pit, demonstrating the significant growth potential of the deposit along a +2.5km strike length. The company is confident that Hopes Hill is well on its way to becoming a large-scale gold deposit and is undertaking an aggressive +125km drilling program in 2026 to further test the deposit.

The company is undertaking an aggressive +125km drilling program in 2026 to further test the Hopes Hill deposit and other regional targets, with results expected to be released progressively.