Horizon Minerals Ltd (AU:HRZ) has released an update.
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Horizon Minerals Ltd has secured a pivotal Toll Milling Agreement with FMR Investments to process 200kt of ore from Horizon’s Cannon project, with operations set to start in the December 2024 Quarter. The deal, which leverages FMR’s Greenfields Mill, enables Horizon to advance its production and cash flow ahead of a proposed merger with Greenstone Resources Limited. CEO Grant Haywood expresses optimism for the agreement’s contribution to revenue in a buoyant gold market.
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