Horizon Gold Limited is an ASX-listed (ASX: HRN) gold explorer based in Perth, Western Australia.

The Company’s flagship Gum Creek Gold Project located 640km northeast of Perth, represents an exciting gold exploration and potential development opportunity in a historically proven gold province. The Project has previously produced over 1.1 million ounces of gold, currently hosts JORC 2012 Mineral Resources totalling 44.45 million tonnes averaging 1.50g/t Au containing 2.14 million ounces of gold (63% Indicated, 37% Inferred), covers approximately 440 square kilometres, and contains numerous high quality gold exploration targets and potential resource extension opportunities. The free milling portion of the Mineral Resource Estimate is 32.97Mt @ 1.22g/t Au for 1.30Moz, representing over 61% of the total resource ounces. A global MRE increase of 777,000oz (57%) from 2 years of drilling highlights the outstanding potential for Horizon to grow its Gum Creek Gold Project gold resource and achieve its goal of developing a stand-alone gold operation.

Horizon has also recently announced a Maiden Inferred Zn-Cu-Ag Mineral Resource Estimate of 7.0 Mt @ 1.8% Zn, 0.5% Cu, 5.0g/t Ag (2.9% ZnEq) at a 2.0% ZnEq cut-off for 200,000 ZnEq tonnes (130,000t Zn, 30,000t Cu, 1.1Moz Ag) for the Altair VMS deposit also located within the Gum Gold Creek Project. 

Subsequent to the announcement of a compelling free milling open pit scoping study in 2024, the management team’s strategy is to deliver further value for its Shareholders with the completion of a free milling open pit feasibility study in 2025, along with continued cost-effective exploration programs aimed at increasing the gold resource base and enhancing the value and development options of the Gum Creek Gold Project.

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