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Horizon Gold Ltd ( (AU:HRN) ) has issued an announcement.
Horizon Gold Limited has announced significant progress in its Gum Creek Gold Project, with the feasibility study advancing well and scheduled for completion in early 2026. The company is set to commence 4,400 meters of resource expansion drilling between the Swan-Swift and Kingfisher deposits by the end of August, and deep diamond drilling at high priority targets is expected to start mid-September. These efforts aim to convert shallow supergene gold mineralization into open pittable resources and extend the mine life beyond the ten years envisaged in the 2024 Scoping Study, bolstered by high gold prices.
More about Horizon Gold Ltd
Horizon Gold Limited is a company operating in the gold mining industry, focusing on the exploration and development of gold projects. Its primary project is the Gum Creek Gold Project, located in the Mid-West Region of Western Australia, which aims to establish a viable standalone mining operation.
Average Trading Volume: 35,041
Technical Sentiment Signal: Buy
Current Market Cap: A$77.27M
For a thorough assessment of HRN stock, go to TipRanks’ Stock Analysis page.
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