The latest announcement is out from Horseshoe Metals Limited ( (AU:HOR) ).
Horseshoe Metals Ltd announced an extension for the processing option of gold surface materials at Horseshoe Lights until June 30, 2025, to allow for the completion of metallurgical test work. This extension is part of an agreement with Melody Gold Pty Ltd, which plans to treat up to 500,000 tonnes per annum of gold surface material to produce a gold-copper-silver concentrate. The company retains rights to copper and mixed copper/gold materials, with ongoing negotiations for copper offtake and funding arrangements, indicating a strategic focus on advancing its redevelopment efforts.
More about Horseshoe Metals Limited
Horseshoe Metals Ltd is a mining company focused on the exploration and development of copper and gold resources. The company operates primarily through its subsidiary, Murchison Copper Mines Pty Ltd, and is involved in the redevelopment of the Horseshoe Lights project, which includes both surface and subsurface mineral rights.
YTD Price Performance: 28.57%
Average Trading Volume: 886,056
Technical Sentiment Signal: Buy
Current Market Cap: A$12.06M
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