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 [...]
Horizon Minerals Ltd. drilled over 40,000m of drilling and released spectacular gold results from Cannon-Golden Ridge, Binduli-Teal and new project areas within the 1,100km2 portfolio. The new discovery program not only intercepted high grade gold but exciting new minerals including Ni, Cu, Pt, Pd and rare earths. While our focus will always remain [...]
Horizon Minerals Ltd. is pleased to advise further to the announcement of 19 October 2022 that the Company has executed a detailed Loan Agreement and General Security Deed with Nebari Partners LLC for a US$5 million secured credit facility. The credit facility is comprised of a two tranche Convertible Loan Facility with US$2 million in Tranche 1 [...]
Horizon Minerals Ltd. has been informed by Richmond Vanadium Technology Limited that, following the close of the priority offer on 7 November 2022, the offer period for the remaining components of the Initial Public Offering of new shares in RVT has been extended. Further details are contained in the attached update prepared by RVT. Set out in the [...]
