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Horizon Gold Ltd ( (AU:HRN) ) has provided an announcement.
Horizon Gold Ltd has presented an investor update on its Gum Creek Gold Project, confirming that there are no new changes to previously announced exploration results and resource estimates. The company maintains that the assumptions and technical parameters from the March 2024 scoping study remain valid, with the project comprising both indicated and inferred mineral resources. While the inferred resources carry lower geological confidence, they do not significantly impact the project’s economic viability. The announcement underscores the company’s commitment to transparency and the potential future development of the project, despite inherent risks and uncertainties in the mining sector.
More about Horizon Gold Ltd
Horizon Gold Ltd operates in the mining industry, focusing on the exploration and development of gold resources. The company is primarily engaged with the Gum Creek Gold Project, which involves the extraction and estimation of mineral resources.
Average Trading Volume: 33,876
Technical Sentiment Signal: Buy
Current Market Cap: A$79.66M
See more data about HRN stock on TipRanks’ Stock Analysis page.
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