PROJECTS | WESTERN AUSTRALIA | HOPES HILL

Hopes Hill –
Flagship Project

Hopes Hill is Golden Horse Minerals' flagship gold project within the Southern Cross Gold Project, where ongoing drilling continues to deliver significant high-grade gold results and expand the known mineralised system along strike and at depth.

LOCATION

Southern Cross Greenstone Belt, Western Australia

TENURE

100% owned granted Mining Leases

HISTORIC PRODUCTION

216,000oz gold produced from 2.9Mt at 2.25g/t Au

DRILLING

Thick, shallow, high-grade gold across 1.3km of strike open at depth below 90m pit

CURRENT ACTIVITY

Resource growth and extensional RC and diamond drilling underway

RECENT HIGHLIGHTS

43m @ 4.5 g/t Au

3m @ 23.8 g/t Au

4.5m @ 20.9 g/t Au

4.4m @ 9.3 g/t Au

 

Expanding a High-Grade Gold System

Hopes Hill is emerging as one of the most exciting growth opportunities within the Southern Cross Gold Project. Following the consolidation of the entire mineralised corridor under Golden Horse ownership, the Company has been able to systematically test extensions that were previously inaccessible due to fragmented tenure.

Recent drilling has consistently intersected broad zones of shallow gold mineralisation together with multiple high-grade shoots, confirming strong continuity below the historical open pit and along strike. Importantly, mineralisation remains open in several directions, highlighting significant potential for resource expansion.

The project’s first modern diamond drilling program has also successfully intersected visible gold, providing further confidence in the scale and quality of the mineralised system.

 

Southern Extension Opportunity

The Hopes Hill Southern Extension represents a major exploration growth corridor. Golden Horse has consolidated the Hopes Hill and Pilot deposits across multiple mining leases, enabling the first coordinated exploration campaign across the entire trend.

Positioned adjacent to the regionally significant Fraser Shear Zone, the southern corridor hosts a broad mineralised belt extending several kilometres. Historical drilling has demonstrated that key gold-bearing structures continue south beneath shallow cover, while modern drilling has already returned encouraging high-grade results.

Large areas remain lightly tested, presenting compelling opportunities to define additional ounces close to existing mineralisation.

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PROJECT HISTORY

A Proven Gold Producer

Hopes Hill was historically mined as a series of open pits during the 1980s and 1990s, producing approximately 216,000 ounces of gold at an average grade of 2.25g/t Au.

Despite this production history, mining ceased while mineralisation remained open at depth and along strike. With tenure constraints now removed and modern exploration techniques available, Golden Horse is unlocking the broader potential of the system for the first time in more than two decades.

The project benefits from a well-understood geological setting, existing mining tenure and proximity to established infrastructure within the Southern Cross mining district.

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DRILLING

Positioned for Future Development

With strong drilling results, expanding mineralisation and an approved mining lease already in place, Hopes Hill is well positioned to progress toward resource definition and future development studies.

The combination of shallow high-grade mineralisation, demonstrated continuity, infrastructure advantages and substantial exploration upside provides a clear pathway to growing a significant gold inventory within one of Western Australia’s premier gold-producing regions.

Hopes Hill represents a rare opportunity to combine near-term development potential with district-scale exploration upside.

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