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An announcement from Horizon Gold Ltd ( (AU:HRN) ) is now available.
Horizon Gold Ltd’s recent investor presentation has reaffirmed their commitment to the development of the Gum Creek Gold Project, with no new changes to their mineral resource estimates or financial forecasts from previous announcements. The project includes both Indicated and Inferred Mineral Resources, with current assumptions and technical parameters remaining valid. The company highlights that while the Inferred resources contribute to the project, they do not affect its overall viability. This presentation underscores Horizon Gold’s confidence in the project’s economic potential, although it acknowledges inherent risks such as market volatility and regulatory challenges.
More about Horizon Gold Ltd
Horizon Gold Ltd operates in the mining industry, focusing on gold exploration and production. Their primary project, the Gum Creek Gold Project, is aimed at developing mineral resources with significant potential in the market.
YTD Price Performance: 10.42%
Average Trading Volume: 39,947
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$76.77M
For an in-depth examination of HRN stock, go to TipRanks’ Stock Analysis page.
