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Horizon Minerals Ltd ( (AU:HRZ) ) has provided an update.
Horizon Minerals Limited announced its first gold pours from the Boorara and Phillips Find projects, generating significant revenue through ore sale and toll milling agreements. The company completed a merger with Poseidon Nickel Limited, acquiring key infrastructure assets, and is progressing towards becoming a standalone gold producer with plans for further exploration and development activities in the upcoming quarter.
More about Horizon Minerals Ltd
Horizon Minerals Limited is a gold production and exploration company operating in the Kalgoorlie and Coolgardie regions of Western Australia. The company focuses on near-term gold production and exploration within its large tenement package, which includes 1.8 million ounces of gold resources and multi-commodity assets like the Nimbus silver-zinc project.
YTD Price Performance: 140.0%
Average Trading Volume: 27,390
Technical Sentiment Signal: Buy
Current Market Cap: €72.46M
For a thorough assessment of HRZ stock, go to TipRanks’ Stock Analysis page.