Horizon Minerals Ltd. is pleased to provide an update on operations and gold production from the Phillips Find Gold Project . Mining of the Newhaven and Newminster cutbacks is progressing safely and efficiently at Phillips Find. Processing of the first stockpile of Phillips Find ore commenced on Wednesday 19 February 2025 and is expected to take two weeks, treating approximately 40,000 tonnes of ore. First gold was poured [...]
Horizon Minerals Ltd. is pleased to provide an update on the development of the Phillips Find Gold Project . HIGHLIGHTS - Phillips Find Joint Venture Agreement in place with mining specialists BML VenturesPty Limited to develop and mine two open pits1 - All management, technical, operational and maintenance roles is being undertaken by BML with oversight by the Company - Low financial risk JV structure with BML funding [...]
Horizon Minerals Ltd. is pleased to provide the December 2024 Quarterly Activities Report. Horizon is an exploration and gold production company within the Kalgoorlie and Coolgardie regions of Western Australia . HIGHLIGHTS - Placement of $14 M and proposed merger with Poseidon Nickel Ltd. via Schemes of Arrangement to acquire all of the shares and options of POS with the objective of the Company's in-ground assets being [...]
Horizon Minerals Ltd. is pleased to provide an update on operations and gold production from the Boorara gold project . The first stockpile of 56,654 wmt @ 0.8g/t Au was accepted by Paddington early in December 2024, and ongoing haulage has continued throughout December and into January 2025. HIGHLIGHTS - On Tuesday 14 January 2025, Horizon poured its first gold bar from Boorara under the Ore Sale Agreement with [...]
Horizon Minerals Ltd. is pleased to provide an update on funding initiatives for project development which may potentially include retiring or refinancing debt. HIGHLIGHTS - Horizon has negotiated and executed a Share Subscription Agreement with Golden Crane Holdings Limited, for a two tranche Private Placement to issue a total of 213,888,888 ordinary shares at $A0.045 for A$9,625,000 in cash - Funds to be used for [...]
Horizon Minerals Ltd. is pleased to announce the results of the Prefeasibility Study . HIGHLIGHTS - Prefeasibility Study for Pennys Find completed and shows a financially viable project highlighted by the following: o Underground mine design and schedule producing 329.9kt at a fully diluted grade of 3.2g/t Au for 33.5koz over an approximate 23 month mine life o Metallurgical recovery of 88.9% produces 29.8koz recovered [...]
Horizon Minerals Ltd. is pleased to provide an update on the development of the Boorara Gold Project . HIGHLIGHTS - Horizon approved the development of Boorara in late July 2024 to mine a series of four open pits containing 1.24Mt of ore at 1.24g/t Au for 49.5koz of gold - Boorara mining services and surface ore haulage contracts awarded to Hampton Transport Services Pty Ltd on competitive terms, with no mining contractor [...]
Welcome to the 2024 Annual General Meeting of Horizon Minerals Ltd. . Thank you for joining us today and for your ongoing support as shareholders. It is a privilege to address you as Chairman during what has been a pivotal year for our company. Horizon made significant advances across resource development, business development and our production pipeline in the year. We achieved key milestones despite the challenges posed [...]
Horizon Minerals Ltd. is pleased to provide an update on the development of the Phillips Find Gold Project. The 100% owned Phillips Find project is located 45km north-west of Coolgardie in the heart of the Western Australian Goldfields . HIGHLIGHTS - Joint Venture Agreement in place with mining specialists BML Ventures Pty Limited to develop and mine two open pits at Phillips Find - All management, technical, operational [...]
Horizon Minerals Ltd. is pleased to provide the September 2024 Quarterly Activities Report. Horizon is an exploration and gold production company within the Kalgoorlie and Coolgardie regions of Western Australia. A key objective for the Company is on near term gold production and exploration upside within our large tenement package of 928km2. The Company holds numerous multi - commodity assets including 1.8Moz of gold [...]
Horizon Minerals Ltd. and Poseidon Nickel Ltd. have entered into a scheme implementation deed pursuant to which they have agreed to a merger to be conducted by way of Schemes of Arrangement under the Corporations Act 2001 , whereby Horizon will acquire 100% of the fully paid ordinary shares in Poseidon and 100% of the unlisted Poseidon options under the code POSAAB, subject to the satisfaction of various conditions. In [...]
Horizon Minerals Ltd. is pleased to provide an update on the development of the Phillips Find Gold Project . HIGHLIGHTS - Joint Venture Agreement in place with mining specialists BML Ventures Pty Limited to develop and mine two open pits at Phillips Find - All management, technical, operational and maintenance roles to be undertaken by BML with oversight by the Company - Low financial risk JV structure with BML to fund [...]
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