Horizon Minerals Limited (ASX:HRZ) A$7 Million Royalty Divestment Complete
Horizon Minerals Limited (ASX:HRZ) is pleased to advise that the divestment of its interest in two gold royalties has been completed.
Horizon Minerals Limited (ASX:HRZ) is a gold exploration and mining company focussed on the Kalgoorlie and Menzies areas of Western Australia which are host to some of Australia's richest gold deposits. The Company is developing a mining pipeline of projects to generate cash and self-fund aggressive exploration, mine developments and further acquisitions. The Teal gold mine has been recently completed.
Horizon is aiming to significantly grow its JORC-Compliant Mineral Resources, complete definitive feasibility studies on core high grade open cut and underground projects and build a sustainable development pipeline.
Horizon has a number of joint ventures in place across multiple commodities and regions of Australia providing exposure to Vanadium, Copper, PGE's, Gold and Nickel/Cobalt. Our quality joint venture partners are earning in to our project areas by spending over $20 million over 5 years enabling focus on the gold business while maintaining upside leverage.
Horizon Minerals Limited (ASX:HRZ) is pleased to advise that the divestment of its interest in two gold royalties has been completed.
Horizon Minerals Limited (ASX:HRZ) is pleased to announce further outstanding drilling results from Crake, part of the 100% owned Binduli gold project area located 9km west of Kalgoorlie-Boulder in the heart of the Western Australian goldfields.
Horizon Minerals Limited (ASX:HRZ) is pleased to advise it has executed a binding royalty sale and purchase agreement with Vox Royalty Corp. (TSE:VOX) ("Vox") to divest its 100% interest in two royalties covering the Janet Ivy and Otto Bore gold projects in the Western Australian goldfields.
Horizon Minerals Limited (ASX:HRZ) is pleased to advise the receipt of the final cash and share payment for the divestment of the Menzies and Goongarrie gold projects.
Horizon Minerals Limited (ASX:HRZ) is pleased to advise that the acquisition of 50% interest in the Penny's Find gold project has been completed.
Horizon Minerals Limited (ASX:HRZ) 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.
Exploration activities continued during the period across Horizon Minerals Limited's (ASX:HRZ) 100% owned tenure in the Goldfields of Western Australia. The Company focussed mainly on reserve conversion drilling at Binduli (Crake), Teal (Jacques, Peyes, Teal East) and Rose Hill at Coolgardie.
Horizon Minerals Limited (ASX:HRZ) 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.
Horizon Minerals Limited (ASX:HRZ) 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.
Horizon Minerals Limited (ASX:HRZ) 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.