Horizon Minerals Ltd. is pleased to advise it has reached agreement with Greenstone Resources Ltd to divest the Phoenix and Kangaroo Hill gold projects near Coolgardie in the Western Australian goldfields. The divestment comprises two mining leases and two prospecting licences making up the projects. Under the Agreement, GSR will pay $300,000 in cash and shares on the following terms: - $150,000 in cash on completion [...]
Horizon Minerals Ltd. is pleased to advise that, in relation to Horizon's 25% equity interest in Richmond Vanadium Technology Pty Ltd a strategic partnership has been established via a Binding Term Sheet signed with Ultra Power Systems Pty Ltd a local Australian manufacturer of Vanadium Redox Flow Batteries. Please see the attached media release from $5M - Richmond Vanadium Technology has signed a Binding Term Sheet to [...]
Horizon Minerals Ltd. hereby provides the results of the Share Purchase Plan announced on 24 June 2022 to raise up to $2,000,000 from existing shareholders . Horizon is pleased to advise that a total of 82 applications were received from existing shareholders for a total application funds accepted of $539,591.31. The Company is currently working on the completion of the issue of ordinary shares and the newly to be listed [...]
Horizon Minerals Ltd. is pleased to provide the June 2022 Quarterly Activities Report. Horizon is an exploration and production company within the Kalgoorlie and Coolgardie regions of Western Australia. HIGHLIGHTS - Restructure and demerger of the Company's 25% interest in the 1.8Bt Richmond vanadium project in northwest Queensland completed - Richmond Vanadium Technology now owns 100% of the project with shares held by [...]
Horizon Minerals Ltd. is pleased to be making a prospectus offer of Share Purchase Plan shares and options to eligible shareholders as well as an offer of placement options to placement subscribers . The SPP follows Horizon's institutional placement announced on 24 June 2022 which raised $4,000,000 before costs by issuing placement shares at 9 cents per share. The free attaching options are to be issued by the Placement [...]
Horizon Minerals Ltd. is pleased to advise that it has received firm commitments to place approximately 44.4 million fully paid ordinary shares in the Company at $0.09 per share to raise $4.0 million . The Placement received strong support from existing and new Australian and international institutional and sophisticated investors. In conjunction with the Placement, Horizon will offer eligible shareholders the opportunity [...]
Horizon Minerals Ltd. is pleased to advise it has reached agreement with FMR Investments Pty Ltd to divest the Gunga West gold project near Coolgardie in the Western Australian goldfields. Horizon acquired Gunga West as part of a larger asset swap of projects with Northern Star Resources Ltd. as announced to the ASX on 12 September 2019 and included the core Rose Hill, Brilliant North and Golden Ridge tenure. The [...]
Horizon Minerals Ltd. is pleased to advise that the restructure and demerger of Horizon's 25% interest in the Richmond Vanadium Project into Richmond Vanadium Technology Pty Ltd is now complete. The 1.8Bt Project is located in central north Queensland and has a completed Pre-Feasibility Study which demonstrated a technically viable and financially attractive development project. Work towards a Bankable Feasibility Study [...]
Horizon Minerals Ltd. is pleased to announce new nickel drilling results from the 100% owned Golden Ridge and Cannon project areas located 18km to 30km southeast of Kalgoorlie-Boulder in the heart of the Western Australian goldfields . Commenting on the nickel exploration progress, Horizon Managing Director Mr Jon Price said: "It's very encouraging that the first hole returned at Euston has hit significant nickel [...]
Horizon Minerals Ltd. is pleased to provide an update on the demerger of Horizon's 25% interest in the Richmond Vanadium Project and proposed listing on the Australian Securities Exchange of 100% of the Project. The 1.8Bt Project is located in central north Queensland and has a completed Pre-Feasibility Study which demonstrated a technically viable and financially attractive development project. Work towards a Bankable [...]
Horizon Minerals Ltd. provide the quarterly activities report for the period ending 31 March 2022. HIGHLIGHTS - Strong Pre-Feasibility Study results and demerger update released for the world class 1.8Bt Richmond vanadium project in northwest Queensland - Toll milling campaigns from the Boorara open pit low grade stockpiles completed with 98,121t processed in total at a reconciled grade of 0.93g/t generating $1.35m net [...]
Horizon Minerals Ltd. is pleased to announce new multi-commodity drilling results from the 100% owned Lakewood project area located 20km southeast of Kalgoorlie - Boulder in the heart of the Western Australian goldfields . HIGHLIGHTS - First pass reconnaissance drilling testing multi-commodity potential completed at the 100% owned Lakewood project, 20km southeast of Kalgoorlie - Boulder in Western Australia - Preliminary [...]