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Horseshoe is located in Hubbard County, Minnesota. This lake is 264 acres in size. It is approximately 52 feet deep at its deepest point. When fishing, anglers can expect to catch a variety of fish including Black Bullhead, Bluegill, Brown Bullhead, Largemouth Bass, Northern Pike, Rock Bass, Walleye, Yellow Bullhead, Yellow Perch, Pumpkinseed and.