Horseshoe Metals Limited - June Update 2014

Horseshoe Metals is in the process of raising up to $2.05m to progress its Horseshoe Lights and Kumarina projects in the highly prospective Bryah and Bangemall Basins of Western Australia. The Company has already identified significant copper resources on its projects, and the work has also identified a number of additional encouraging targets that require further work, particularly drilling. As such the Company has planned a drill programme that will commence once funds are raised. We see significant potential for exploration success, and for the Company to build a critical mass of +200,000 tonnes of contained copper at Horseshoe Lights and to significantly add to the Kumarina copper resources. Download the report for more information…