Golden horse minerals to build a significant resource base over the next 12 months and examine the potential for early production
About Golden Horse Minerals
Golden Horse Minerals (TSXV: GHML) is a gold exploration company which has consolidated the rights to a large highly prospective area covering one of Australia’s most successful gold provinces in the Southern Cross region of Western Australia.
The Golden Horse tenure is more than 947km2 within the Southern Cross Greenstone Belt covering 100km of poorly tested stratigraphy and structure that has not been properly explored with modern technique and tested by drilling below 50m depth.
The Belt spans approximately 300km in length and has produced more than 12 million ounces of gold. It is one of the top precious metals provinces in Western Australia.
The Greenstone belt consists of altered intrusive and meta-sedimentary rocks which are supported by two operating gold mills at the Marvel Loch and Edna May processing plants.
Our focus
The Company’s focus is on a northern portion of the Greenstone Belt known as the Fraser Shear Zone.
The Southern Cross Greenstone Belt hosts large historic and current gold operations such as the Copperhead mine which produced ~1.5Moz (next to the town of Bullfinch) to the Frasers mine which produced ~1.2Moz (next to the town of Southern Cross).
The Fraser Shear is of particularly interest because of a deep history of production coupled with a lack of modern exploration, with much of the historic drilling only testing to a depth of approximately 50m.
In addition, the Shear Zone has experienced a relatively fractured ownership history, in part due to competition amongst the various producing operators and also its location within a mixed agricultural/mining region. This backdrop of splintered control has further intensified a lack of belt-scale exploration within the area.
Golden Horse has actively consulted with a wide number of prospectors, local landholders and explorers in order to consolidate the Southern Cross Greenstone Belt tenure and is continuing to look for further opportunities to expand its tenure.
An outstanding opportunity
With a strong ground position along the region’s most prospective tenure the Company finds itself in the box-seat to take advantage of this substantial opportunity and has already commenced activities to unlock further gold ounces through high-quality, systematic exploration directed at new prospects as well as extensions to the historic mining sites.
In addition to containing high-grade gold, the greenstone mineralisation is also prospective for lithium, nickel as well as platinum group elements (PGEs) amongst other potentially valuable minerals. the Company will continue to advance all options to deliver value to shareholders.
Golden Horse is led by a team of experienced management that have proven experience in the Western Australian Goldfields region as well as a demonstrated track record of successful exploration, consolidation and monetisation of assets.
Board of Directors
Graeme Sloan
Chairman
Graeme Sloan is a qualified Mining Engineer with over 35 years’ experience as a Managing Director/CEO, Non-Executive Director, Chairman and Member of Audit, Risk and Sustainability Committee’s and General Manager of Operations. He has held roles in corporate...
Nicholas Anderson
Managing Director / CEO
Mr Anderson is a chemical engineer and finance executive with extensive experience in the resources sector. For more than 15 years he has provided financial/corporate advisory services, capital raising solutions and completed asset purchases across the mining, infrastructure and renewables...
Paul Andre Huet
Non-Executive Director
Paul Andre Huet is a seasoned and accomplished executive in the mining industry, currently holding the prestigious position of Chairman and CEO at Karora Resources Inc. With an exceptional track record and an unwavering commitment to excellence, Paul has...
Jim Harris
Non-Executive Director
Mr. Harris is an experienced executive in the management of construction and engineering projects in Australia and overseas. He is a former Executive Director of Swanline Developments Pty Ltd., a privately owned Australian company focused property...
John L C Jones AM
Non-Executive Director
Mr Jones is a highly experienced mineral resource developer and is a major figure in Western Australia’s deep mining history. He has been a Director of Troy Resources NL since 1988 and was Chairman from late 1988 until October 2008. Since 1990, he has...
