Horseshoe Metals Unveils Large-Scale Copper Potential at Horseshoe Lights
Horseshoe Metals Ltd has outlined significant copper potential at its Horseshoe Lights Copper Gold Project in Western Australia. The company's modelling suggests continuous and predictable copper mineralisation between 200 and 600 metres below surface, mainly in sulphide form.
The exploration targets for the Main and Motters zones range from 22.6 to 33.6 million tonnes at 0.7 to 1.2 percent copper, reinforcing the large-scale potential of the deposit. These new targets complement an existing mineral resource of 12.85 million tonnes at 1.00 percent copper, 0.1 grams per tonne gold and 1.9 grams per tonne silver.
Horseshoe Metals is advancing Phase 2 drilling and preparing for direct shipping ore operations, aiming to generate early revenue and strengthen its position in the copper market as prices remain supportive.