Golden Horse Minerals (ASX:GHM) confirmed the presence of wide and high-grade mineralization at its flagship Hopes Hill gold project in Western Australia, according to a Monday filing with the Australian bourse.
Assay results include 16 meters at 3.1 grams per tonne grade of gold from 101 meters and 9 meters at 3.3 grams per tonne grade of gold from 134 meters.
The company will move forward with the stage two reverse circulation drilling program.
The mineral explorer's shares were down 10% in recent Monday trade.
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