• Extensive RC and diamond drilling continued across Hopes Hill Main, North and South
• Drilling confirmed mineralisation extends below and along strike of the historic pit
• Significant high-grade intercepts include 16.0m @ 6.8 g/t Au and 13.6m @ 3.0 g/t Au

Golden Horse Minerals Limited (ASX: GHM) reported its quarterly activities for the period ended 31 March 2026. The company continued to advance its flagship Southern Cross Gold Project through an aggressive and fully funded CY2026 exploration campaign of over 125km of drilling. Drilling activity was heavily focused on the Hopes Hill Main, North, and South zones, where ongoing reverse circulation (RC) and diamond drilling (DD) continued to demonstrate the large scale, continuity and high-grade nature of mineralisation across the +2.5km strike extent of the Hopes Hill corridor. Significant intercepts included 16.0m @ 6.8 g/t Au from 115m in hole 26HHDD010, and 13.6m @ 3.0 g/t Au from 308.4m in hole 26HHDD009. The company also progressed regional exploration programs, completing RC drilling at Hakes Find, Marionete and Star of Ennuin. Golden Horse entered the June 2026 quarter in a strong financial position, with ~$39.3 million cash on hand, providing significant flexibility to execute its aggressive exploration strategy.

Golden Horse remains well-funded with approximately $39 million in cash, giving it the resources to continue executing its strategy at pace and unlock the full potential of the Southern Cross Gold Project.