Multiple High Priority Targets Identified At Sorrel Project
| Stock | GHM.ASX (GHM.ASX) |
|---|---|
| Release Time | 18 May 2026, 8:34 a.m. |
| Price Sensitive | Yes |
GHM Identifies Multiple High Priority Targets at Sorrel Project
- Numerous high priority copper, cobalt, and uranium targets identified
- Existing Mineral Resource Estimate of 8.4Mt @ 1.1% Cu with 88kt of contained copper
- Significant historical drill results including 102m at 2.2% Cu
- Identified multiple mineralisation styles including REE, base metals, and uranium
- Exploration to commence in the near term
Golden Horse Minerals Limited has recently completed a prospectivity review of its Sorrel Copper Project in the Northern Territory, identifying numerous high priority copper, cobalt, and uranium targets. The review, conducted by third-party geological consultants, confirmed the existence of district-scale copper breccia pipe mineral systems, copper-cobalt mineralisation at Wollogorang, and several other mineralisation styles including rare earth elements (REE), base metals (zinc, lead, copper), and roll-front uranium prospectivity. The project has an existing Mineral Resource Estimate (MRE) of 8.4Mt @ 1.1% Cu (88kt contained copper) and past production of 170kt @ 4.6% Cu. Significant historical drill results include 102m at 2.2% Cu from 100m (Bluff Deposit), 37m at 8.4% Cu from 5m, including 10m at 20.7% Cu (Redbank Deposit), and 44m at 7.1% Cu from 5m, including 22m at 13.2% Cu (Redbank Deposit). The company plans to undertake exploration activities in the near term, including field validation, mapping, soil and rock chip sampling, and refining drill targets.
GHM is assessing value-accretive options for the Sorrel project
GHM plans to commence exploration activities in the near term, focusing on field validation, mapping, and refining drill targets to test pipe extensions and blind targets