Horizon Minerals

We are pleased to announce important changes to our Board of Directors as we continue our journey from exploration to production.   We are thrilled to welcome Mr Warren Hallam as a Non-Executive Director, effective 1 September 2024. With over 35 years of experience in operations, corporate, and senior leadership roles across multiple commodities, Warren brings invaluable expertise to Horizon. His impressive background includes serving as Managing Director at Metals X Limited, Millennium Metals Limited, and Capricorn Metals Limited. Currently, Warren holds Non-Executive Director roles at St Barbara Limited and Poseidon Nickel Limited, and he is the Non-Executive Chairman of Kingfisher Mining Limited.   At the same time, we bid farewell to Mr Jon Price, who has tendered his resignation as Non-Executive Director effective 31 August 2024. Jon has been with Horizon since January 2016, guiding us through a transformational period of substantial resource growth.   Non-Executive Chairman, Ashok Parekh, commented:  “We are delighted to welcome Warren to the board of Horizon as we transition the Company from an explorer to producer. We look forward to his guidance during this exciting growth phase. On behalf of the board and broader Horizon team, I would also like to acknowledge and thank Jon for his significant contribution to the Company over many years and wish him well in his future endeavours.”   Read the full announcement here: https://bit.ly/3XrkYvB   #HorizonMinerals #HRZ #WesternAustralia #GoldMining #MiningLeadership #ASX

For those who were unable to attend the Diggers & Dealers Mining Forum, we are pleased to offer a recording of our Managing Director and CEO, Grant Haywood's presentation.   Gain a comprehensive understanding of our strategic approach, which includes leveraging regional infrastructure, generating robust short-term cash flows and advancing our cornerstone gold projects.   Watch the full recording here ➡️ https://bit.ly/4ciIm2A   #HorizonMinerals #GoldMining #DiggersAndDealers #HRZ 

Tune in today at 4:30pm (AWST) to watch our Managing Director and CEO, Grant Haywood present at the Diggers & Dealers Mining Forum 🌟 Watch the live stream here: https://bit.ly/3SsfQEu #HorizonMinerals #HRZ

Horizon Minerals' Managing Director and CEO, Grant Haywood, will be presenting at the Diggers & Dealers Mining Forum 2024 on Tuesday, August 6th at 4:30pm (AWST) 🌟   If you can’t attend in person, you can catch the live stream here: https://bit.ly/3SsfQEu   As the next gold producer in the Kalgoorlie Region, we’re excited to be presenting our story in front of a local audience. With 1.8Moz of gold in Resources and a growing project pipeline, we’re excited about our future.   #HorizonMinerals #HRZ #Kalgoorlie #Mining #Gold #DiggersAndDealers2024

We are thrilled to announce our participation in the Diggers & Dealers Mining Forum 2024 from August 5-7! Come visit us at booth 16 to learn more about our journey as the next gold producer in the Kalgoorlie region 🌟   Horizon Minerals is aiming to be become a new mid-tier gold producer in the heart of Western Australia's goldfields. We hold 1.8Moz of gold in resources with potential for both open cut and underground mining.   We’re going to begin mining at our Boorara gold project in the coming weeks which is the first step in building cash flow and our mining project pipeline.   Join us at the forum to discover more about our exciting projects and our vision for the future. See you at booth 16!   #HorizonMinerals #HRZ #Gold #Mining #Kalgoorlie #DiggersAndDealers2024 #Goldfields #WesternAustralia

Board Approves Development of Boorara ➡️   We are pleased to announce that our Board has approved the Final Investment Decision for the development of the Boorara Gold Project 🌟   Highlights: 🔸 Boorara Mining Services and Surface Ore Haulage contracts awarded to Hampton Transport Services Pty Ltd 🔸 Mobilisation commencing with pre-production works in August 🔸 Fully permitted and ready for operations to commence 🔸 Binding Ore Sale Agreement executed with Paddington Gold Pty Ltd 🔸 Mining to occur over 14 months, with first gold pour expected in October 2024 🔸 Estimated cashflow of A$30M at a A$3,600/oz gold price   Our Managing Director and CEO Grant Haywood stated, “Mining at Boorara is a significant milestone for the Company and will make Horizon the newest gold producer in Australia. We take great pleasure in welcoming our new members of Horizon including our business partners Hampton Transport Services and the Norton Gold Fields team who will be processing Boorara ore at Paddington.”   Read the full announcement here: https://bit.ly/4fmmW7o   #HorizonMinerals #HRZ #GoldMining #ASXNews #Boorara

We are pleased to announce that the independent JORC (2012) Ore Reserve for Boorara, completed by AMC Consultants, underscores a financially viable project with outstanding highlights:   🔸 Open pit mine design producing 1.24Mt at a fully diluted grade of 1.24g/t Au for 49.5koz over approximately 14 months 🔸 Ore Sale Agreement (OSA) with 92.5% metallurgical recovery, yielding 45.8koz recovered 🔸 Project generates A$19.9M in free cash flow (after capital) at a gold price of A$3,300/oz   With full permits in place and mining & haulage contracts well advanced, Horizon Minerals is poised to begin gold production in the coming months through our binding Ore Sale Agreement with Paddington Gold, a Norton Gold Fields Ltd subsidiary.   Our Managing Director and CEO, Grant Haywood, commented: “We are very pleased that the independent Ore Reserve has validated our initial work that allows us to move forward with mining at Boorara and bring strong cashflows into Horizon. Our contract negotiations are well advanced and are the final key milestone outstanding in relation to bringing this asset into production.   Horizon has strong optionality within its large resource book of projects, which we aim to develop in conjunction, and following, development of Boorara to be a sustainable gold producer and generate more cash in this strong gold price environmental for the foreseeable future.”   Stay tuned for more updates as we advance this project🌟   Read the full announcement here: https://bit.ly/3SM6EeH   #HorizonMinerals #HRZ #GoldMining #ASXNews #Boorara

Following the successful merger between Horizon Minerals Limited and Greenstone Resources Limited, we are pleased to present our consolidated statement of group Mineral Resources as of 30 June 2024.   Highlights: 🔸Gold: 1.8Moz 🔸Silver: 20.2Moz, Zinc: 104kt 🔸Nickel: 283kt, Cobalt: 40.5kt, Manganese: 296.2kt (50% owned) Our extensive Mineral Resource base and ongoing studies set the stage for sustained gold production and continuous cash flows. Our Managing Director and CEO, Grant Haywood, commented: “It is very pleasing to have the Burbanks and Phillips Find assets under single ownership with Horizon’s complementary and extensive project base. Together this provides 1.8 million ounce gold portfolio, which is a great platform to implement our near term strategy of cashflow from operations and further growth into the medium and long term”.   Read the full announcement here: https://bit.ly/4dhiULK   #HorizonMinerals #HRZ #GoldMining #ASXNews

Tune in to hear from our CEO Grant Haywood as he speaks with Mari-Len De Guzman at Investing News Network about the implementation of our strategy of near-term gold production and cashflows in the current half, our longer-term aspirations and an overview of some of our exploration assets. 🔗 https://bit.ly/3A3WZt3 #HorizonMinerals #HRZ #Gold

We are pleased to announce the execution of a binding Toll Milling Agreement with FMR Investments   Key Highlights: - Horizon will treat 200kt of ore from the Cannon underground project at FMR's Greenfields Mill. - Competitive ore treatment rates with a structured payment system. - Flexibility to process Horizon ore other than Cannon, including resources from the proposed merger with Greenstone Resources.   Grant Haywood, CEO of Horizon Minerals, commented, "We are very pleased to have converted our 200,000 tonne allocation with FMR into a formal Toll Milling Agreement... This agreement is in addition to our 1.4Mt ore sale agreement with Paddington, generating cash flow from two fronts in this fantastic gold price environment before the end of 2024."   Read the full announcement here: https://bit.ly/3wI7gtE   #HorizonMinerals #HRZ #GoldMining #ASXNews