Horseshoe Metals has kicked off a drill program at the Kumarina Copper Project located in the Peak Hill Mineral Field of Western Australia. It is planned that a minimum of 4,000 meters of drilling will be undertaken in the current drilling program over the next 20 to 30 days.

The RC progam is designed to test Rinaldi, Kumarina Copper Mine, North Show and Review East prospects. This will include In-fill and extensional drilling at the Rinaldi prospect and reconnaissance drilling at the Kumarina Copper Mine, North Show and Review East Prospects.

Drilling at the Horseshoe Lights Project is ongoing. An RC rig is drilling to test for additional mineral resources to the north of the existing open pit. The focus of follow up drilling efforts at Horseshoe Lights in the coming months will be to:
1. Drill deeper holes in areas where copper and gold mineralization has previously been intersected in the North West Stringer Zone and the Main Zone;

2. Test for deep, high grade copper and gold zones, down dip and down plunge of the Main Zone, which potentially could be of sufficient grade to support underground mining and;

3. Follow up shallow exploration targets outside of the immediate pit area which have not been adequately tested by previous exploration efforts.

The company plans to complete a revised mineral resource estimate at Horseshoe Lights once drilling has been completed. At a cut-off grade of 0.5% copper, the current estimate is a total Measured, Indicated and Inferred Mineral Resource of 8.6 million tonnes at 1.06% copper and 0.13 gram per tonne gold for 91,000 tonnes copper and 37,400 ounces of gold.

Source - Proactive Investors

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