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Mount Hope Mining: Advancing a High-Grade Gold Opportunity in the Cobar Basin

Mount Hope Mining (ASX: MHM) is advancing exploration efforts across the southern Cobar Basin in New South Wales, targeting opportunities in both gold and base metals within one of Australia's most established mineral-producing regions. The company controls a substantial 606km² land package with access to established infrastructure, including roads, rail, power, and nearby processing facilities. Its flagship Mt Solitary project has emerged as a promising high-grade gold discovery, supported by encouraging drilling results such as 6 metres at 18g/t gold and 19 metres at 4.5g/t gold. The mineralised system continues beyond the currently defined limits in both lateral and vertical directions, underscoring strong potential for further resource additions through ongoing exploration.

MHM is progressing toward a maiden JORC Resource estimate, supported by positive metallurgical test work that delivered 88% gold cyanide solubility across all oxidation states. Beyond Mt Solitary, the company is advancing the 7.5km-long MS2 Gold Corridor and a broader portfolio of copper-gold and polymetallic targets. Upcoming Phase 3 drilling, regional exploration programs, and strategic land consolidation initiatives are expected to further strengthen the company’s growth profile and development pathway.

 

 

 

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