Horizon Minerals Ltd. wishes to advise that due to the impact of COVID-19, the Company has implemented significant controls and requirements to protect the health and safety of its personnel, their families and the communities in which it operates. The Company is also implementing prudent financial measures to maintain its strong current financial position in a time of significant global economic uncertainty. These [...]
Horizon Minerals Ltd. is pleased to advise that it has successfully secured debt and equity funding for a total of $6 million for development of the Boorara Stage 1 gold project and an accelerated resource growth and exploration drilling program. The funding comprises a $4 million working capital facility for Boorara Stage 1 mine development and a $2 million equity Placement to new and existing institutional and [...]
Horizon Minerals Ltd. made progress on a number of fronts. Key developments were as follows: Mine Development An 18,000m grade control infill drilling program was completed at Boorara during the Period enabling the compilation of an updated geological model for the first 50m of the resource. Mine optimisation, evaluation and design will then be completed with the aim of mining two to three starter pits in 2020 utilising [...]
Horizon Minerals Ltd. is pleased to announce additional drilling data and mining information from the Rose Hill gold project, located near Coolgardie, 35km west of Kalgoorlie in the heart of the Western Australian goldfields . Commenting on the additional Rose Hill information, Horizon Managing Director Mr Jon Price said: "Horizon has now received additional drilling data and mining information from Rose Hill and we have [...]
Horizon Minerals Ltd. is pleased to announce the results of the Boorara Stage 1 Feasibility Study . The proposed mining project comprises predominantly oxide and transitional material contained within the project's maiden Ore Reserve. The 100% owned project is located 10km east of Kalgoorlie-Boulder, adjacent to the Super Pit in the heart of the Western Australian goldfields . Commenting on the Boorara Stage 1 Study [...]
Horizon Minerals Ltd. is pleased to announce drilling results from Rose Hill and updated Mineral Resource estimates for the Rose Hill, Gunga West and Golden Ridge projects located in the Kalgoorlie and Coolgardie regions in the heart of the Western Australian goldfields. The projects were acquired under an asset swap with Northern Star Resources Ltd. as announced to the ASX on 12 September and 20 December 2019. Northern [...]
Horizon Minerals Ltd. is pleased to provide the December 2019 Quarterly Activities Report. Horizon is a gold exploration and development company with a key focus in the Kalgoorlie and Coolgardie regions of Western Australia and has a joint venture in place covering the world class 2.6Bt Richmond oxide vanadium project in North Queensland. HIGHLIGHTS - Horizon received formal notification from Focus Minerals Limited under [...]
Horizon Minerals Ltd. is pleased to announce further excellent reverse circulation drilling results from the 100% owned Boorara gold project located 10km east of Kalgoorlie-Boulder in the heart of the Western Australian goldfields . Commenting on the latest results from Boorara, Horizon Managing Director Mr Jon Price said: "The results from Regal and Crown Jewel continue to demonstrate the considerable potential at [...]
Horizon Minerals Ltd. is pleased to announce excellent reverse circulation drilling results from the 100% owned Boorara gold project located 10km east of Kalgoorlie-Boulder in the heart of the Western Australian goldfields . In the December Quarter 2019, the Company completed 18,000m of infill Reverse Circulation drilling on 4m x 10m and 5m x 10m drill spacing to a maximum depth of 54m at the Royal , Crown Jewel and Regal [...]
Horizon Minerals Ltd. is pleased to provide an update on its growth strategy and outline key production and resource growth milestones for 2020 and beyond. The Company is focussed on gold in the Western Australian goldfields and has assets covering 850km2 on major geological structures in close proximity to the city of Kalgoorlie-Boulder . An updated global Mineral Resource Estimate is expected in the June Quarter 2020 [...]
Horizon Minerals Ltd. is pleased to advise that the tenement exchange agreement with Northern Star Resources has completed. As announced to the ASX on 12 September 2019, the Company agreed to divest its 100% interest in the Anthill, Blister Dam, New Mexico, White Flag and Kanowna North tenements and acquire 100% interest in Northern Star's Rosehill, Brilliant North and Gunga West projects in Coolgardie and the Golden [...]
Horizon Minerals Ltd. is pleased to announce an updated Mineral Resource estimate for the Crake project located within the 100% owned Binduli gold project, located 9km west of Kalgoorlie-Boulder in the heart of the Western Australian goldfields . HIGHLIGHTS - Highly successful infill and extensional drilling completed at the Crake gold project, part of the Binduli project area 9km west of Kalgoorlie-Boulder in the Western [...]
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