Horizon Minerals Ltd.

Horizon Minerals Ltd. is pleased to announce the commencement of drilling at the high-grade Penny's Find gold mine located 50km northeast of Kalgoorlie in the heart of the Western Australian goldfields . The Company is focussed on gold production from a sequence of underground mines and growing resources and reserves from its core assets including Cannon, Penny's Find, Binduli and Rose Hill. HIGHLIGHTS - Extension [...]

Horizon Minerals Ltd. wishes to advise that current Managing Director Mr Jon Price will step down from the role effective 30 June 2023 after 7 1/2 years. At this time Mr Price will move into the role of Non-Executive Director of Horizon. As the Company transitions into underground mining at the proposed Cannon gold mine, we are pleased to announce the promotion of current Chief Operating Officer Mr Grant Haywood to the [...]

Horizon Minerals Ltd. is pleased to provide the March 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 up to three drill rigs operating as part of the large-scale new discovery and project generation [...]

On 30 March 2023, Horizon Minerals Ltd. announced that it had received firm bids under its institutional placement to place approximately 74.1 million fully paid ordinary shares in the Company at $0.045 per share to raise approximately $3.34 million. The Company has today issued 12,844,445 Placement Shares for $578,000 pursuant to ASX Listing Rule 7.1 . No shareholder approval is required for the issue of shares. Today's [...]

On 30 March 2023, Horizon Minerals Ltd. announced that it had received firm bids under its institutional placement to place approximately 74.1 million fully paid ordinary shares in the Company at $0.045 per share to raise approximately $3.34 million. The Company has today issued 61,293,016 Placement Shares for $2.758 million pursuant to ASX Listing Rule 7.1 . No shareholder approval is required for the issue of shares [...]

Horizon Minerals Ltd. is pleased to advise that it has received firm bids to place approximately 74.1 million fully paid ordinary shares in the Company at $0.045 per share to raise approximately $3.34 million. Funds from the Placement will be used to advance the proposed high-grade Cannon underground mine scheduled for development in H2 CY2023. 1 The mine is now fully permitted with final mining contract / JV negotiations [...]

Horizon Minerals Ltd.'s plans are to advance the Cannon underground in H2 2023 getting back into production and cash generation. Cannon produces 16,000 ounces at AISC ~$1,900/oz delivering high margins at current A$ gold prices. We have a selected our contract / JV partner and working on formal docs and logistics now. We have a milling allocation at FMR's 1Mtpa Greenfields Mill and aim to be cutting the portal in the Sept [...]

Horizon Minerals Ltd. is pleased to announce assay results from drilling conducted by Metalhawk Limited from the 100% owned Cannon and Golden Ridge project areas located near Kalgoorlie-Boulder in the heart of the Western Australian goldfields . Commenting on the new REE-Sc mineralisation, Horizon Managing Director Mr Jon Price said: "It's encouraging to see this new REE and scandium mineralisation discovered so close to [...]

Horizon Minerals Ltd. is pleased to provide the December 2022 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 exploration upside within our 1,100km2 tenement package with up to three drill rigs operating as part of the large-scale multi-element new discovery and project generation exploration [...]

Horizon Minerals Ltd. advises it has divested its remaining interest in Kingwest Resources Ltd. through a managed off-market sale process and received cash proceeds totaling $1.3 million. The Company has sold 37,088,333 KWR shares it held as part of the divestment of the Menzies gold project in 2019 at a price of 3.5c per share. Proceeds from the sale, together with existing cash, will be applied towards the CY2023 [...]