Gold aspirant Horizon Minerals has announced plans to raise $30 million in a bid to accelerate drilling activities across several of its exploration assets.
Gold-focused Horizon Minerals has announced plans to raise around $9.6 million, in order to further development at its Boorara gold project in the Goldfields.
Gold aspirant Horizon Minerals has announced the first ore from its Boorara gold project in the Goldfields is being hauled to nearby Paddington Mill for first gold production.
Horizon Minerals’ push to become a sustainable mid-cap gold producer in the Goldfields is gaining momentum, following news it had filed documents to merge with Poseidon Nickel.
Shares in Horizon Minerals rose to their highest price since May last year on Monday afternoon, following news that the company had signed a toll milling agreement with FRM Investments.
Shares in Horizon Minerals rose by 26 per cent on Monday morning, after the junior announced it had entered into a binding ore sale agreement with Paddington Gold, a wholly-owned subsidiary of Norton Gold Fields.
Junior miner Horizon Minerals posted a $1.40 million profit during the first half of the 2024 financial year, which was down 19.4 per cent from $1.74 million during the prior corresponding period.
