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Added to YB: 2026-03-13

Pitch date: 2026-03-11

BHL.AX [neutral]

Black Horse Mining Limited

-15.58%

current return

Author Info

Equities Club is a team passionate about small-cap mining stocks on the ASX. We tap into an experienced network we’ve built over decades in the mining industry, from geologists, project managers, lawyers, and people in the field, when assessing companies. Sign up for the newsletter.

Company Info

Black Horse Mining Limited engages in acquiring, exploring, and developing mineral resource projects in Australia.

Market Cap

AUD 25.5M

Pitch Price

AUD 0.39

Price Target

N/A

Dividend

N/A

EV/EBITDA

N/A

P/E

N/A

EV/Sales

N/A

Sector

Metals and Mining

Category

growth

Show full summary:
Our Pick of the Year Just Confirmed Gold - Black Horse Mining

BHL.AX (update): Maiden drill at Mt Egerton hit 17.4g/t Au from 55m, confirmed historic 1.29Moz @ 12g/t system shut by water in 1906. Spur veins = wider target than mapped. <500m drilled vs 90% historic <150m deep. Bigger rig targeting 1000m starts end-March. $25M mcap, Au >US$5,100/oz. Victorian peers: SX2 $3B, Fosterville $110B parent.

Read full article (4 min)