During the half-year ended 31 December 2023, Horizon Minerals Ltd. completed 7,004 m of AC and RC drilling as part of the > 50,000 m resource definition and new discovery exploration program across the entire 1,100 km2 asset portfolio. Reverse Circulation drilling was completed at the Monument and Pinner prospects near the Cannon Open Cut Gold Mine 28 km south east of Kalgoorlie. A total of 27 holes for 1,530m was [...]
Horizon Minerals Ltd. is pleased to provide an update on our lithium projects located near Bridgetown and Coolgardie in Western Australia . HIGHLIGHTS - A small first pass, site reconnaissance soil and rock chip sampling program was completed 6 - 10 November 2023 at the newly acquired Bridgetown-Greenbushes project 250km south or Perth WA. No anomalous lithium was identified in 3 rock chip samples taken. Some [...]
Horizon Minerals Ltd. and Greenstone Resources Limited have agreed to a merger to be conducted by way of schemes of arrangement under the Corporations Act 2001 , whereby Horizon will acquire 100% of the fully paid ordinary shares in Greenstone and 100% of the listed Greenstone options , subject to the satisfaction of various conditions. Under the Schemes: o each Greenstone shareholder will receive 0.2868 Horizon shares [...]
Horizon Minerals Ltd. is pleased to provide the December 2023 Quarterly Activities Report. Horizon is an exploration and production company within the Kalgoorlie and Coolgardie regions of Western Australia. A key focus for the Company is on near term production and exploration upside within our 1,000 km2 tenement package. The company holds numerous multi - commodity assets including 1.28 Moz of gold resources, the Nimbus [...]
Horizon Minerals Ltd. is pleased to announce an updated Mineral Resource Estimate for the Company's 100% owned Pennys Find project located 50 km northeast of Kalgoorlie-Boulder in the heart of the Western Australian goldfields . - Horizon Minerals owns 100% of the fully permitted Pennys Find gold mine located 50km northeast of Kalgoorlie in the Goldfields of Western Australia - The 2022 independent Mineral Resource [...]
Horizon Minerals Ltd. is pleased to provide an update on new gold drilling results from the Greater Boorara - Cannon and Binduli project areas located close to Kalgoorlie-Boulder in the heart of the Western Australian goldfields . HIGHLIGHTS - Several Reverse Circulation and Air Core drill programs conducted at a number of prospects near Kalgoorlie at the Company's 100% owned tenure in the Goldfields region - Drilling [...]
Horizon Minerals Ltd. is pleased to provide an update on lithium exploration activities across the Company's Goldfields and Bridgetown-Greenbushes project areas. A review of previous exploration results from the Eastern Goldfields project areas has highlighted several prospective areas for lithium mineralisation at Yarmany East and in the vicinity of Golden Ridge . Another new lithium prospect located within the Greater [...]
Horizon Minerals Ltd. is pleased to advise further information on the deferred payment of AUD$3 million in cash or shares from Vox Royalty Corp. . As previously mentioned in an announcement dated 27 October 2023, Vox has advised of their option and intention to issue shares instead of cash for the deferred payment. The Company received notice from Vox that an amount of 948,448 Vox common shares have been issued on 24 [...]
Horizon Minerals Ltd. advises that the Company has received notification from FMR Investments Pty Ltd that they are no longer in a position to proceed with the proposed joint venture transaction with the company at the current time due to operational issues and a change in capital deployment priorities within their own business group. FMR confirmed that they will honour the current 200,000 tonne processing allocation for [...]
Horizon Minerals Ltd. is pleased to provide the September 2023 Quarterly Activities Report. Horizon is an exploration and production company within the Kalgoorlie and Coolgardie regions of Western Australia. A key focus for the Company is on near term production and exploration upside within our 1,100km2 tenement package. The company has utilised multiple drill rigs as part of new discovery and project generation [...]
Horizon Minerals Ltd. wish to provide further information on the deferred payment of $3 million in cash or shares from Vox Royalty Corp. . We can now update the market that Vox has advised their option and intention to issue shares instead of cash for the deferred payment. Further that the shares once issued are subject to a four month escrow period and that the shares will be issued within 10 days of Vox receiving [...]
Horizon Minerals Ltd. is pleased to advise that the divestment of 62 non-core tenements to Northern Star Resources Ltd. has now been completed with all conditions precedent satisfied including the receipt of $3.1 million in cash into Horizon's bank account today. Payment terms of the Asset Sale Agreement and the Royalty Deed are based on the following: - Northern Star paying Horizon $3.1m in cash at completion [...]