Horizon Minerals Ltd. advises of the divestment of a portion of its listed investment portfolio generating $2 million in cash. As previously noted, the Company's intent is to monetise certain listed investments over time to meet the ongoing cash flow needs of the business. Horizon has fully divested its shareholdings in Red Dirt Metals Ltd and Cyprium Metals Ltd. The nonescrowed portion of the Company's shareholding in [...]
Horizon Minerals Ltd. is pleased to announce the results of the Cannon Pre-Feasibility Study including a maiden Ore Reserve. The 100% owned Cannon gold project is located 30km east-southeast of Kalgoorlie-Boulder in the heart of the Western Australian goldfields . The high-grade Cannon underground gold project was acquired as part of the Bulong South, Glandore and Cowarna project acquisition completed in October 2021 for [...]
Horizon Minerals Ltd. is pleased to provide an update on the Nimbus silver-zinc project, adjacent to the Boorara gold mine, 15km east of KalgoorlieBoulder in the goldfields of Western Australia . HIGHLIGHTS - Independent data review and concept study completed on the 100% owned Nimbus silverzinc project, located 15km east of Kalgoorlie-Boulder in Western Australia - Silver currently trading at A$34/oz and zinc at [...]
Horizon Minerals Ltd. is pleased to announce an update of the Pre-Feasibility Study and progress of the Bankable Feasibility Study for the Richmond vanadium project located in Central North Queensland. The Richmond vanadium project is located approximately 35km north-west of Richmond in Northwest Queensland. Richmond is a regional service town of 650 people situated 500km by road to the west of Townsville and 400km east [...]
Horizon Minerals Ltd. is pleased to announce new gold and nickel drilling results from the 100% owned Golden Ridge gold project area located 18km southeast of Kalgoorlie - Boulder in the heart of the Western Australian goldfields . HIGHLIGHTS - Further assay results received from the second phase of drilling at the Golden Ridge project, 18km southeast of Kalgoorlie - Boulder in the heart of the Western Australian [...]
The principal continuing activities of Horizon Minerals Ltd. and its controlled entity during the period consisted of exploration and evaluation of gold projects across the portfolio with trial mining and toll processing on the Boorara Gold Project. The company continued acquisition growth including the purchase of the Penny's Find gold mine and the Cannon Gold Project. Divestment of Janet Ivy royalty with Norton [...]
Horizon Minerals Ltd. is pleased to announce first pass drilling results from the Yarmany project area located 25km northwest of Coolgardie and 65km west of Kalgoorlie - Boulder in Western Australia . Commenting on the first pass results at Yarmany, Horizon Managing Director Mr Jon Price said: "While the Company remains focussed on growing our gold business, these first pass results have highlighted the potential for the [...]
Horizon Minerals Ltd. is pleased to advise that it has completed two toll milling campaigns treating low grade ore stockpiles from the Boorara open pit at the Lakewood toll milling facility in Kalgoorlie - Boulder. The second campaign comprised 28,410t milled at a reconciled grade of 0.94g/t Au for 781 ounces at a calculated recovery of 91%. Processing of the low-grade stockpiles from the recent trial mining of the [...]
Horizon Minerals Ltd. is pleased to announce further excellent high grade drilling results from the Crake and Coote projects, within the Binduli gold project area located 8km west of Kalgoorlie - Boulder in the heart of the Western Australian goldfields . The drilling forms part of the 50,000m CY21 program testing high priority resource growth and new discovery targets across the 1,100km2 portfolio. The aim of the program [...]
Horizon Minerals Ltd. is pleased to provide the December 2021 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 four drill rigs currently operating as part of the large-scale new discovery and project generation exploration [...]
Horizon Minerals Ltd. is pleased to advise that it has completed a further toll milling campaign treating low grade ore stockpiles from the Boorara open pit at the Lakewood toll milling facility in Kalgoorlie - Boulder. The first campaign comprised 69,700t milled at a reconciled grade of 0.92g/t Au for 1,857 ounces at a calculated recovery of 90%. The campaign generated approximately $770,000 after all costs under a [...]
Horizon Minerals Ltd. is pleased to advise that it has reached agreement with Labyrinth Resources Limited to acquire the remaining 50% of the high-grade Penny's Find gold project located 50km northeast of Kalgoorlie in the Western Australian goldfields. As announced to the ASX on 22 March and 14 July 2021, the Company entered into a 50:50 Joint Venture with Labyrinth, completed an RC and diamond drilling program and [...]
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