Horizon Minerals Ltd. is pleased to advise that the divestment of its interest in two gold royalties has been completed. As announced to the ASX on 29 March 2021, the Company agreed to divest 100% interest in the royalties to Vox Royalty Corp. . Under the Agreement, Vox will pay A$7 million in cash and shares on the following terms: - A$4 million in cash upon completion; and - A$3 million in cash or Vox shares at Vox's [...]
Horizon Minerals Ltd. is pleased to announce further outstanding drilling results from Crake, part of the 100% owned Binduli gold project area located 9km west of Kalgoorlie-Boulder in the heart of the Western Australian goldfields . - Resource drilling completed at the 100% owned Crake gold project, part of the Binduli project area, 9km west of Kalgoorlie in the Western Australian goldfields - Infill and extension [...]
Horizon Minerals Ltd. is pleased to advise it has executed a binding royalty sale and purchase agreement with Vox Royalty Corp. to divest its 100% interest in two royalties covering the Janet Ivy and Otto Bore gold projects in the Western Australian goldfields. Since 2001 Horizon has held the Janet Ivy royalty which comprises a A$0.50 per tonne payment on ore mined and treated from the Janet Ivy tenements owned by Norton [...]
Horizon Minerals Ltd. is pleased to advise the receipt of the final cash and share payment for the divestment of the Menzies and Goongarrie gold projects. As announced to the ASX on 9 July 2019 and 18 September 2019, the Company agreed to divest its 100% interest in the projects to Kingwest Resources Ltd. for a total consideration of $8 million on the following terms: - An initial deposit of $750,000 cash - On settlement [...]
Horizon Minerals Ltd. is pleased to advise that the acquisition of 50% interest in the Penny's Find gold project has been completed. As announced to the ASX on 30 November 2020, the Company agreed to acquire 50% interest in the project from Orminex Limited for a total consideration of A$1.5 million in cash funded from existing cash reserves. Horizon will also fund the first $1 million in pre-development expenditure with [...]
Horizon Minerals Ltd. is pleased to announce new high-grade drilling results from the 100% owned Windanya gold project area located along the Bardoc Tectonic Zone, 45km north of Kalgoorlie - Boulder in the heart of the Western Australian goldfields . HIGHLIGHTS - First pass aircore drilling completed at the 100% owned Windanya project area, 45km north of Kalgoorlie - Boulder in the Western Australian Goldfields - Windanya [...]
Exploration activities continued during the period across Horizon Minerals Ltd.'s 100% owned tenure in the Goldfields of Western Australia. The Company focussed mainly on reserve conversion drilling at Binduli , Teal and Rose Hill at Coolgardie. A total of 189 RC holes for 14719m and 12 Diamond Drillholes for 1138.2m were completed. The drilling was mainly infill in nature, with some improvements in the block model grade [...]
Horizon Minerals Ltd. is pleased to announce further excellent high grade drilling results from the 100% owned Peyes Farm gold project, part of the Teal project area located 10km north west of Kalgoorlie-Boulder in the heart of the Western Australian goldfields . HIGHLIGHTS - Infill and extensional drilling completed at the 100% owned Peyes Farm gold project, part of the Teal gold camp, 10km northwest of Kalgoorlie in the [...]
Horizon Minerals Ltd. is pleased to announce completion of the fourth and final milling campaign from trial mining at the Boorara Gold Mine, 10km east of Kalgoorlie-Boulder in the goldfields of Western Australia . HIGHLIGHTS - Final toll milling campaign completed successfully at the Lakewood processing facility, 7km west of the Boorara gold mine in the Western Australian goldfields - Campaign comprised ore treatment from [...]
Horizon Minerals Ltd. is pleased to announce further excellent high grade drilling results from the 100% owned Jacques Find gold project, part of the Teal project area located 10km north west of Kalgoorlie-Boulder in the heart of the Western Australian goldfields . HIGHLIGHTS - Infill and extensional drilling completed at the 100% owned Jacques Find gold project, part of the Teal gold camp, 10km northwest of Kalgoorlie in [...]
Horizon Minerals Ltd. is pleased to provide an update on the Nimbus silver-zinc project, adjacent to the Boorara gold mine, 15km east of Kalgoorlie-Boulder in the goldfields of Western Australia. The Company has now completed a strategic review of the Nimbus silver-zinc project, inclusive of a detailed assessment of all previous Feasibility Study work completed to 2017. Several expressions of interest were received to [...]
Horizon Minerals Ltd. is pleased to announce a number of acquisitions and divestments in line with the regional consolidation strategy focussed on gold in the Western Australian goldfields . HIGHLIGHTS - Company completes a number of acquisitions and divestments as part of its regional consolidation strategy focused on gold in the Western Australian Goldfields - Tenement Sale Agreement completed with private consortium [...]
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