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Horizon Gold Ltd ( (AU:HRN) ) has issued an announcement.
Horizon Gold Limited has commenced a 4,400-meter reverse circulation drilling program at its Gum Creek Gold Project, aiming to expand its current 2.14 million-ounce gold resource. The drilling will focus on four prospects near the old Gidgee Mill and is expected to extend the project’s mine life. Additionally, a diamond drilling program targeting high-grade underground resources at the Kingfisher and Omega deposits is planned to begin in October, which could further enhance the project’s resource base and mining opportunities.
More about Horizon Gold Ltd
Horizon Gold Limited is a company operating in the mining industry, focusing on gold exploration and development. Its primary project is the Gum Creek Gold Project, located in the Murchison Region of Western Australia, with a significant gold resource base.
Average Trading Volume: 29,211
Technical Sentiment Signal: Buy
Current Market Cap: A$94.15M
For an in-depth examination of HRN stock, go to TipRanks’ Overview page.