tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Horizon Gold Initiates Drilling to Expand Gum Creek Resource

Story Highlights
Horizon Gold Initiates Drilling to Expand Gum Creek Resource

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1