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- Horseshoe Metals (HOR) receives results from the initial reverse circulation (RC) drilling program at its Horseshoe Lights copper-gold project in WA
- In May, the company completed phase two RC drilling with 70 holes drilled to confirm the existence and style of mineralisation and infill drilling
- Overall, up to 2.09 g/t gold was intersected from the C20 Stockpile and 1.07 per cent copper was intersected from the Copper Subgrade Stockpile
- Horseshoe has planned further infill drilling to follow up on these highly encouraging results
- Horseshoe has ended the day 4.17 per cent in the green with shares trading at 2.5 cents
Horseshoe Metals (HOR) has received results from the initial reverse circulation (RC) drilling program at its Horseshoe Lights copper-gold project in WA.
In May, the company completed phase two RC drilling with 70 holes drilled to target selected stockpiles and dumps.
Drilling aimed to confirm the existence and style of mineralisation and infill drilling completed by Horseshoe.
Best results come from the C20 Stockpile which intersected nine metres at 2.09 grams per tonne (g/t) gold from surface.
Other results include four metres at 1.77 g/t gold from four metres at the Gold D Stockpile and five metres at 1.07 per cent copper from two metres at the Copper Subgrade Stockpile.
Horseshoe has planned further infill drilling to follow up on these highly encouraging results.
Further, the company will undertake RC and auger drilling over multiple stockpiles, as well as acid leaching testwork and gravity recovery testwork.
Horseshoe has ended the day 4.17 per cent in the green with shares trading at 2.5 cents.
