Horizon Minerals Ltd (AU:HRZ) has released an update.
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Horizon Minerals Ltd has begun mining operations at the Boorara Gold Project, with a 14-month mining plan to generate $30 million in free cash flow. The project will mine 1.24 million tonnes of ore estimated to contain 49.5 thousand ounces of gold. Operations have commenced ahead of schedule and the first gold pour, marking a significant revenue milestone, is expected in October 2024.
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