Horizon Minerals Ltd. is pleased to announce the commencement of the 2021 new discovery and resource growth exploration program across a range of high priority targets, all within 75km of Kalgoorlie-Boulder in the world class Goldfields region of Western Australia . HIGHLIGHTS - Fully funded 50,000m exploration program now underway with four rigs drilling across the 890km2 asset portfolio, all operating within 75km of the [...]
Horizon Minerals Ltd. is pleased to advise of the early repayment of the $4 million Loan Facility with Sparta AG of approximately A$4.6m including interest. Early repayment of the loan has achieved a saving on interest of approximately $171k. Horizon entered into the Loan Facility with Sparta in March 20201 at a period when the COVID-19 pandemic was first impacting global debt and equity markets. Securing the funding at [...]
Horizon Minerals Ltd. is pleased to provide the December 2020 Quarterly Activities Report. Horizon is a gold production, development and exploration company with a key focus in the Kalgoorlie and Coolgardie regions of Western Australia. HIGHLIGHTS - Trial mining completed and results of two toll milling campaigns released from the Boorara gold mine, 10km east of Kalgoorlie - Boulder in the Western Australian Goldfields [...]
Horizon Minerals Ltd. is pleased to announce completion of the third milling campaign from trial mining at the Boorara Gold Mine, 10km east of Kalgoorlie-Boulder in the goldfields of Western Australia . HIGHLIGHTS - Third 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 Crown [...]
Horizon Minerals Ltd. is pleased to announce updated open pit and underground Mineral Resource estimates for the Rose Hill gold project located in the Coolgardie region, 35km west of Kalgoorlie - Boulder in the Western Australian goldfields . HIGHLIGHTS - Highly successful diamond and RC drilling programs completed at the Rose Hill gold project in Coolgardie, 35km west of Kalgoorlie-Boulder in the Western Australian [...]
Horizon Minerals Ltd. is pleased to advise of the appointment of Mr Julian Tambyrajah in the newly created role of Chief Financial Officer and Joint Company Secretary. Mr Tambyrajah is a global mining finance executive, a qualified Accountant and Chartered Company Secretary with over 25 years' experience including 18 years at the CFO & Company Secretary level. Mr Tambyrajah has significant experience that covers financial [...]
Horizon Minerals Ltd. has executed a binding agreement for the acquisition of a 50% interest in the high-grade Penny's Find gold project in the Western Australian goldfields for $1.5 million cash from Orminex Ltd. Highlights: - The asset is located 50km northeast of Kalgoorlie on a granted Mining Lease, aligning with Horizon's regional consolidation strategy and aim to build a stand-alone production business - Penny's [...]
Horizon Minerals Ltd. is an emerging mid-tier gold producer with high quality projects located in the heart of the West Australian goldfields. The Company is led by a Board and Management team with deep experience developing and operating successful gold mines within the Kalgoorlie region. Horizon has a large tenement holding which already hosts a large gold resource which it is aiming to expand through its largest ever [...]
Horizon Minerals Ltd. is pleased to announce further excellent 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 . HIGHLIGHTS - Phase 2 resource extension drilling completed at the 100% owned Crake gold project, part of the Binduli project area, 9km west of Kalgoorlie in the Western Australian goldfields [...]
Horizon Minerals Ltd. is pleased to announce first gold production from the third toll milling campaign from trial mining at the Boorara Gold Mine, 10km east of Kalgoorlie-Boulder in the goldfields of Western Australia. HIGHLIGHTS - First gold poured from the third toll milling campaign from the Boorara gold mine, 10km east of Kalgoorlie-Boulder in the Western Australian goldfields - Back to back campaign comprises [...]
Horizon Minerals Ltd. is pleased to announce further excellent shallow high grade drilling results from the Rose Hill gold project, located near Coolgardie, 35km west of Kalgoorlie in the heart of the Western Australian goldfields. HIGHLIGHTS - Reserve conversion infill drilling completed at the Rose Hill gold project in Coolgardie, 35km west of Kalgoorlie-Boulder in the Western Australian goldfields - Drilling to date [...]
Horizon Minerals Ltd. is pleased to advise that the acquisition of 100% interest in the Kalpini gold project has been completed. As announced to the ASX on 12 October 2020, the Company agreed to acquire 100% interest in the project from NBT Metals Pty Ltd for a total consideration of A$2.75 million in cash funded from existing cash reserves. All conditions precedent including provision of signed transfers, all mining [...]
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