Mount Hope Mining Launches AU$2.48 Million Capital Raise to Advance Mt Solitary Drilling.

Mount Hope Mining Limited (ASX: MHM) has announced an AU$2.48 million capital raise to accelerate exploration at its Mt Solitary gold system within the 7.5 km Mt Solitary–Mt Solar corridor in New South Wales. The raise includes an AU$1.23 million placement at AU$0.20 per share, a 7% discount to the last traded price, and a Share Purchase Plan (SPP) targeting up to AU$1.25 million on the same terms. The placement was strongly supported and oversubscribed, reflecting investor confidence in MHM’s strategic vision.

Funds will drive the next phase of drilling aimed at expanding high-grade gold zones and advancing copper targets across the Cobar Basin. With strong infrastructure, regional exploration momentum, and nearby processing facilities, Mount Hope Mining is well-positioned to unlock significant value through continued exploration success.

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