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An announcement from Horizon Gold Ltd ( (AU:HRN) ) is now available.
Horizon Gold Ltd has reiterated the findings from its Gum Creek Scoping Study, emphasizing that there is no new information or data affecting the previously announced exploration results and resource estimates. The study outlines a production target based on a mix of Indicated and Inferred Mineral Resources, with the company maintaining confidence in the project’s technical and economic viability despite the inherent uncertainties associated with Inferred resources.
More about Horizon Gold Ltd
Horizon Gold Ltd operates within the mining industry, focusing on the exploration and development of gold resources. The company’s primary project is the Gum Creek Gold Project, which involves the extraction and processing of mineral resources to produce gold.
Average Trading Volume: 85,310
Technical Sentiment Signal: Buy
Current Market Cap: A$123.8M
Learn more about HRN stock on TipRanks’ Stock Analysis page.