DSO Copper Production + Offtake Incoming — Fotios-Backed and Flying Under Radar”

Horseshoe Metals (ASX: HOR) is shaping up to be oneof the most leveraged copper plays on the ASX — now transitioning fromexplorer to near-term producer in Western Australia, with DSOoperations set to commence shortly and offtake discussions underway.

✅InvestmentHighlights:

DSO Production Imminent

• Direct Shipping Ore (DSO) copper production starting shortly at Horseshoe Lights
• Low CAPEX entry into revenue generation
• Targeting saleable ore from near-surface copper zones
• Positions HOR as one of few ASX juniors moving to near-term cash flow

Offtake Discussions Progressing

• Active negotiations underway for offtake agreements
• Aims to secure early revenue stream and long-term sales partner
• Supports transition from explorer to emerging producer

Michael Fotios on the Register

• Prominent mining figure behind Northern Star Resources and Galaxy Resources
• Strong track record of value creation and mine development
• His involvement signals strong confidence in HOR’s asset base and team

Tier-1 Mining Jurisdiction (WA)

• Horseshoe Lights located ~75km from Sandfire’s DeGrussa
• Brownfields VMS system with historic production of ~316koz Au and 55kt Cu
• Strategic infrastructure in place for transport and logistics – personal moving onsite ready for mining.

Undervalued Copper Exposure

• $18M market cap with near-term production and copper/gold exploration upside
• High leverage to exploration success and rising copper prices
• Recent drilling confirms additional high-grade zones
• Potential 2 to 3 billion MC company in the making
• https://discoveryalert.com.au/news/copper-production-dso-horseshoe-metals-approval/

Near-TermCatalysts

DSO mining and first sales and shipment
Offtake agreement execution
JORC resource expansion at Horseshoe Lights
Exploration activity at Kumarina copper project
Potential market re-rate as cash flow begins

At 18 million market cap and only 720 million shares on issue with near term cash flow and significant expansion potential in Tier 1 Mining Jurisdiction with offtake imminent and copper price soaring, what an outstanding opportunity.