Horizon Minerals Ltd. is pleased to advise the receipt of the final cash and share payment for the divestment of the Menzies and Goongarrie gold projects. As announced to the ASX on 9 July 2019 and 18 September 2019, the Company agreed to divest its 100% interest in the projects to Kingwest Resources Ltd. for a total consideration of $8 million on [...]
Horizon Minerals Ltd. is pleased to advise that the acquisition of 50% interest in the Penny's Find gold project has been completed. As announced to the ASX on 30 November 2020, the Company agreed to acquire 50% interest in the project from Orminex Limited for a total consideration of A$1.5 million in cash funded from existing cash reserves [...]
Horizon Minerals Ltd. is pleased to announce new high-grade drilling results from the 100% owned Windanya gold project area located along the Bardoc Tectonic Zone, 45km north of Kalgoorlie - Boulder in the heart of the Western Australian goldfields . HIGHLIGHTS - First pass aircore drilling completed at the 100% owned Windanya project area, 45km [...]
Exploration activities continued during the period across Horizon Minerals Ltd.'s 100% owned tenure in the Goldfields of Western Australia. The Company focussed mainly on reserve conversion drilling at Binduli , Teal and Rose Hill at Coolgardie. A total of 189 RC holes for 14719m and 12 Diamond Drillholes for 1138.2m were completed. The drilling [...]
Horizon Minerals Ltd. is pleased to announce further excellent high grade drilling results from the 100% owned Peyes Farm gold project, part of the Teal project area located 10km north west of Kalgoorlie-Boulder in the heart of the Western Australian goldfields . HIGHLIGHTS - Infill and extensional drilling completed at the 100% owned Peyes Farm [...]
Horizon Minerals Ltd. is pleased to announce completion of the fourth and final milling campaign from trial mining at the Boorara Gold Mine, 10km east of Kalgoorlie-Boulder in the goldfields of Western Australia . HIGHLIGHTS - Final toll milling campaign completed successfully at the Lakewood processing facility, 7km west of the Boorara gold mine [...]
Horizon Minerals Ltd. is pleased to announce further excellent high grade drilling results from the 100% owned Jacques Find gold project, part of the Teal project area located 10km north west of Kalgoorlie-Boulder in the heart of the Western Australian goldfields . HIGHLIGHTS - Infill and extensional drilling completed at the 100% owned Jacques [...]
Horizon Minerals Ltd. is pleased to provide an update on the Nimbus silver-zinc project, adjacent to the Boorara gold mine, 15km east of Kalgoorlie-Boulder in the goldfields of Western Australia. The Company has now completed a strategic review of the Nimbus silver-zinc project, inclusive of a detailed assessment of all previous Feasibility Study [...]
Horizon Minerals Ltd. is pleased to announce a number of acquisitions and divestments in line with the regional consolidation strategy focussed on gold in the Western Australian goldfields . HIGHLIGHTS - Company completes a number of acquisitions and divestments as part of its regional consolidation strategy focused on gold in the Western [...]
Horizon Minerals Ltd. is pleased to announce the commencement of the 2021 new discovery and resource growth exploration program across a range of high priority targets, all within 75km of Kalgoorlie-Boulder in the world class Goldfields region of Western Australia . HIGHLIGHTS - Fully funded 50,000m exploration program now underway with four rigs [...]
Horizon Minerals Ltd. is pleased to advise of the early repayment of the $4 million Loan Facility with Sparta AG of approximately A$4.6m including interest. Early repayment of the loan has achieved a saving on interest of approximately $171k. Horizon entered into the Loan Facility with Sparta in March 20201 at a period when the COVID-19 pandemic [...]
Horizon Minerals Ltd. is pleased to provide the December 2020 Quarterly Activities Report. Horizon is a gold production, development and exploration company with a key focus in the Kalgoorlie and Coolgardie regions of Western Australia. HIGHLIGHTS - Trial mining completed and results of two toll milling campaigns released from the Boorara gold [...]