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Horseshoe Metals Limited, is advancing towards a critical mass to evaluate development options for Horseshoe Lights

Breakaway Research - 30-Apr-2013

The company has announced a Maiden Mineral Resource of 10,600t at its Rinaldi Prospect within the Kumarina Project located 108km NE of Horseshoe Lights. Most of the Rinaldi resource is in the Measured and Indicated categories and is less than 120m from the surface. The mineralisation remains open at depth. Rinaldi is one of many targets within the Kumarina Project and the exploration potential is very high for adding significant copper resources. Quantification of Rinaldi has boosted the Company’s global copper resource to 101,600t, which is approaching critical mass for potential development.