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Horizon Minerals Ltd ( (AU:HRZ) ) has provided an announcement.
Black Cat Syndicate Limited has acquired 90 square kilometers of tenements near its Lakewood processing facility, a strategic move aimed at extending its tailings storage capacity to over 20 years and supporting a planned expansion of processing capacity to 1.5 million tonnes per annum. This acquisition is expected to facilitate increased gold production and operational growth, with a study on the expansion underway and results anticipated in the March 2026 quarter.
The most recent analyst rating on (AU:HRZ) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Horizon Minerals Ltd stock, see the AU:HRZ Stock Forecast page.
More about Horizon Minerals Ltd
Black Cat Syndicate Limited is a company in the mining industry, focusing on gold production. It operates the Kal East Gold Operation, which includes the Lakewood processing facility. The company is dedicated to expanding its processing capacity and increasing gold production as part of its ‘More Gold Sooner’ strategy.
Average Trading Volume: 939,449
Technical Sentiment Signal: Buy
Current Market Cap: A$195.2M
For a thorough assessment of HRZ stock, go to TipRanks’ Stock Analysis page.