Horseshoe Metals Limited
AASX:HOR0.02
AUD
+0.00
(-5.88%)
Horseshoe Metals Limited
ASX:HOR
(Australian Securities Exchange)
Recent
price
0.02
P/E
ratio
- -
div
yld
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ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Horseshoe Metals Limited operates as an Australian resource development and exploration company, primarily engaged in the identification and advancement of copper and gold assets across Australia. The company maintains full ownership of its key Horseshoe Lights Copper-Gold Project, situated within the Bryah Basin region of Western Australia, encompassing seventeen tenements across approximately 340 square kilometers. This project, a historic open-pit mine, is currently transitioning towards Direct Shipping Ore (DSO) production, having recently secured essential mining approvals for its copper operations. Recent reverse circulation drilling campaigns at Horseshoe Lights have consistently identified significant shallow oxide copper mineralization, with ongoing efforts to define resources and prepare for DSO commencement. Furthermore, a separate entity has exercised an option to process gold surface materials at this site. The company also holds a 100% interest in the Kumarina project in Western Australia, which comprises a mining lease and associated application covering around 3.2 square kilometers within the Gascoyne region. In South Australia, Horseshoe Metals possesses a 100% interest in the Glenloth Gold Project, consisting of an exploration license (EL 6301) totaling 107 square kilometers, and retains the right to earn up to a 50% interest in the Mt Gunson copper project. Established in 2006, Horseshoe Metals Limited is headquartered in West Perth, Australia.