Horizon Minerals Ltd (AU:HRZ) has released an update.
Horizon Minerals Ltd has successfully merged with Greenstone Resources, significantly expanding its gold resource base to 1.8 million ounces and securing a vast 939 km2 land holding in Western Australia’s eastern goldfields. The company has initiated a dual strategy focusing on immediate cash flow from development-ready assets through contract mining and toll milling, while advancing larger projects like Boorara and Burbanks for sustainable long-term operations. Additionally, Horizon has executed binding agreements to process ore from its Boorara project, highlighting a proactive approach towards resource management and revenue generation.
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