The latest announcement is out from Horizon Minerals Ltd ( (AU:HRZ) ).
Horizon Minerals Limited has announced significant progress in its Phillips Find and Boorara Gold Projects. The company has completed the processing of the first ore parcel from Phillips Find and is set to process additional ore under a new Toll Milling Agreement. Boorara is now operating at a steady state, with substantial ore stockpiles ready for processing, ensuring continuous cash flow generation into 2026. The new agreements and steady operations are expected to enhance Horizon’s gold production and financial stability.
More about Horizon Minerals Ltd
Horizon Minerals Limited is a company operating in the gold mining industry, focusing on the development and processing of gold projects. Its primary projects include the Boorara and Phillips Find Gold Projects, located in the Western Australian goldfields.
YTD Price Performance: 190.0%
Average Trading Volume: 27,390
Technical Sentiment Signal: Sell
Current Market Cap: €78.07M
For detailed information about HRZ stock, go to TipRanks’ Stock Analysis page.