[Source: http://au.news.yahoo.com/thewest/business]Horseshoe up...

[Source: http://au.news.yahoo.com/thewest/business]

Horseshoe up on drilling results
The West Australian August 16, 2012, 9:16 am

WA explorer Horseshoe Metals is up 75 per cent in early trade on very strong volumes.

The share spike is on the back of this morning's announcement further quality results from its ongoing drilling campaign at the historic Horseshoe Lights project.

The ongoing drilling program at Horseshoe Lights continues to target copper mineralisation north of the existing open pit in the North West, Main and Motters zones, with the results to be included in an updated Mineral Resource Estimate to be completed once drilling programme and analysis of results are completed.

Recent drilling activities have continued to intersect shallow high grade copper mineralisation immediately north of the historic Horseshoe Lights open pit.

Horseshoe Metals owns 100 per cent of the Horseshoe Lights Copper/Gold Project, which is located in the Peak Hill Mineral Field .

The Company also reported today that an RC drilling program, including Rinaldi prospect resource definition, is set to commence at its nearby Kumarina Copper Project in early September.


Ends.