Horizon Minerals Ltd. is pleased to advise that it has entered into a binding Asset Sale Agreement and a royalty deed with Northern Star Resources Ltd. for NST to purchase 62 tenements within the Company's eastern Kalgoorlie project area . The payment terms of the ASA are based on the following: - Northern Star paying Horizon $3.1m in cash at completion - Additional potential deferred payments including: - Discovery [...]
Horizon Minerals Ltd. is pleased to advise that it has entered into a binding Share Sale Agreement with private company Charter Minerals Pty Ltd for the acquisition of a 100% interest in two Bridgetown-Greenbushes Lithium Tenements, located north and southwest of Bridgetown and less than 20km from the world class Greenbushes Lithium Mine, in the south of Western Australia. The Company has also applied for five Exploration [...]
Horizon Minerals Ltd. continued to advance and build up its core gold project portfolio in Western Australia through extensional and new discovery drilling for gold, and to leverage off its substantial landholding into other commodities, including NiCo, Ag-Zn, Cu and PGE's. In addition, the Company along with joint venture partners Richmond Vanadium Technology successfully transitioned the JV to a publicly listed company [...]
Horizon Minerals Ltd. is pleased to announce new gold drilling results from the 100% owned Greater Boorara - Cannon project area located 30km southeast of Kalgoorlie-Boulder in the heart of the Western Australian goldfields . A small, third pass resource drilling programme has been completed at the new Monument and Pinner gold prospects, located 30km southeast of Kalgoorlie-Boulder in the Western Australian Goldfields [...]
Horizon Minerals Ltd. is pleased to advise that it has entered into a binding option and sale deed with Dundas Minerals Limited to purchase an interest in 19 tenements within the Company's Baden Powell and Windanya project areas . The Option relates to all mineral rights over 16 Prospecting Licences, two Mining Leases and one Mining Lease Application covering an area of 3,230 hectares approximately 45 kilometres north of [...]
Horizon Minerals Ltd. provide the latest presentation with highly strategic projects in the heart of the WA Goldfields. - Mineral Resources of 1.26Moz gold - Total landholding of ~1,100km2 - Projects located around existing gold processing facilities and the mining centre of Kalgoorlie - Combination of advanced deposits with near-term production potential and earlier stage exploration targets - Gold focus alongside [...]
Horizon Minerals Ltd. is pleased to provide the June 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 with multiple drill rigs operating as part of the large-scale new discovery and project generation [...]
Horizon Minerals Ltd. is pleased to announce maiden Mineral Resource estimates for the Monument and Golden Ridge North prospects located near Kalgoorlie in the heart of the Western Australian Goldfields . HIGHLIGHTS - Mineral Resource Estimates have been completed at the Greater Boorara-Golden Ridge and Cannon core projects - The Monument gold prospect is part of the Cannon project group and is located less than 1km from [...]
Horizon Minerals Ltd. is pleased to advise that the divestment of the Gunga West gold project near Coolgardie has been completed. As announced to the ASX on 20 June 2022, the Company agreed to divest its 100% interest in the project to FMR Investments Pty Ltd on the following terms: - Deposit of $100,000 in cash - $300,000 in cash on completion - Access to FMR's Greenfields toll mill in Coolgardie on commercial terms for [...]
Horizon Minerals Ltd.'s program aims to expand the Cannon mining footprint from one planned underground mine to a small mining hub with potential open cut mines from the nearby Monument and Pinner prospects. DRILLING COMMENCES NEAR CANNON - Fully funded 8,400m exploration program underway with aircore drilling commenced at the key Cannon project 25km southeast of Kalgoorlie. - Drilling will be campaigned through to [...]
Horizon Minerals Ltd. is pleased to advise that it has entered into a binding option and sale deed with Metal Hawk Limited to purchase an interest in seven tenements within the Company's Yarmany project area . The Option relates to all mineral rights over seven Exploration Licences covering an area of 98 blocks approximately 40 kilometres west of Kalgoorlie. The Option provides for the following: - MHK paying Horizon a [...]
Horizon Minerals Ltd. is pleased to advise that it has met the Tranche 2 Conditions Precedent to the drawdown funding of US$3.0 million to advance development of the Cannon underground gold project. Horizon executed a Loan Agreement and General Security Deed with Nebari Partners LLC dated 23 November 2022 for a US$5.0 million secured loan facility . The Facility is comprised of a two tranche Convertible Loan Facility with [...]