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 hosts a million ounces of gold in Resources and has significant open cut and underground [...]
Horizon Minerals Ltd. is a party to an Exclusivity Deed with Focus Minerals Limited relating to the potential acquisition by Horizon of Focus' Coolgardie Gold Project . The details of the Exclusivity Deed have previously been announced to the ASX on 11 February 2019, 6 September 2019, 25 September 2019 and 21 October 2019. Horizon wishes to advise that it has received formal notification from Focus under the Exclusivity [...]
Horizon Minerals Ltd. wishes to advise that it has received a notice of withdrawal from Minex Pty Ltd, a 100% owned subsidiary of Mithril Resources Ltd. covering the Nanadie Well Joint Venture with the project now returned to Horizon on a 100% basis. All relevant mining and geological information, drilling samples and property pertaining to the projects will be returned to Horizon. The Company now intends to complete a [...]
Horizon Minerals Ltd. is pleased to announce further excellent reverse circulation drilling results from the 100% owned Kalgoorlie regional gold project areas located along the Bardoc Tectonic Zone and Abattoir Shear Zone in the heart of the Western Australian goldfields . During 2019, the Company completed 3 RC programs, focused on resource growth at Coote and Crake, but also testing a number of under explored regional [...]
Horizon Minerals Ltd. is pleased to advise that it has commenced an 18,000m grade control drilling program at its 100% owned Boorara gold project 10km east of Kalgoorlie-Boulder in the Western Australian goldfields. HIGHLIGHTS - Grade control drilling program commenced at the 100% owned Boorara gold project, 10km east of Kalgoorlie-Boulder in the Western Australian goldfields - Program comprises 18,000m of drilling at the [...]
Horizon Minerals Ltd. is pleased to provide the September 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 number of joint ventures in place with quality partners covering multiple commodities in Western Australia and Queensland. HIGHLIGHTS - Horizon and Focus Minerals Limited continue to [...]
Horizon Minerals Ltd. is a party to an Exclusivity Deed with Focus Minerals Limited relating to the potential acquisition by Horizon of Focus' Coolgardie Gold Project . The details of the Exclusivity Deed have been previously announced to the ASX on 11 February 2019, 6 September 2019, 9 September 2019 and 25 September 2019. The Exclusivity Deed includes "no shop" and "no talk" restrictions in favour of Horizon, as well as [...]
As announced to the ASX on 11 February 2019, Horizon Minerals Ltd. is a party to an Exclusivity Deed with Focus Minerals Limited relating to the potential acquisition by Horizon of Focus' Coolgardie Gold Project . Horizon and Focus have agreed to extend the exclusivity period under the Exclusivity Deed until 18 October 2019. The terms of the Exclusivity Deed otherwise remain the same in all material respects as those [...]
Horizon Minerals Ltd. continued to advance and build up its gold project portfolio in Western Australia. In addition, the Company's joint venture partners were active across multiple earn in projects including the exciting Richmond vanadium project in Queensland. This year, self-funded mine evaluation and exploration were the main focus as part of the consolidated Feasibility Study post-merger and the regional drilling [...]
Horizon Minerals Ltd. is pleased to advise that the divestment of Horizon's interest in the Menzies and Goongarrie gold projects has been completed. As announced to the ASX on 9 July 2019, the Company agreed to divest its 100% interest in the projects to Kingwest Resources Ltd. for a total consideration of A$8 million on the following terms: - An initial deposit of $750,000. - On settlement: o A further $1M in cash; and o [...]
Horizon Minerals Ltd. is pleased to advise that it has reached agreement with Northern Star Resources Ltd. to a tenement exchange in the WA Goldfields for nil cash consideration. The transaction would see Horizon 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 [...]
As announced to the ASX on 11 February 2019, Horizon Minerals Ltd. is a party to an Exclusivity Deed with Focus Minerals Limited relating to the potential acquisition by Horizon of Focus' Coolgardie Gold Project . The Exclusivity Deed includes "no shop" and "no talk" restrictions in favour of Horizon, as well as notification and matching rights in respect of any competing proposals for the Coolgardie Gold project, subject [...]