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 [...]
Horizon Minerals Ltd. is pleased to announce the results 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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]