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Horizon Gold Begins Extensive Drilling at Gum Creek

Story Highlights
  • Horizon Gold Limited is focused on gold mining with the Gum Creek Gold Project.
  • The company has started a major drilling program to enhance resource confidence and explore new targets.
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Horizon Gold Begins Extensive Drilling at Gum Creek

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Horizon Gold Ltd ( (AU:HRN) ) has issued an announcement.

Horizon Gold Limited has commenced a 10,000m reverse circulation drilling program at its Gum Creek Gold Project to enhance geological and resource confidence across its 2.14 million ounce gold resource. The drilling includes infill and extension work at several prospects, aiming to test high-priority targets and potentially define new resources. A diamond drill program has been completed, continuing with geotechnical and geochemical analysis, with results pending. This initiative is expected to strengthen Horizon Gold’s resource base and potentially improve its market positioning.

More about Horizon Gold Ltd

Horizon Gold Limited is a company operating in the gold mining industry, focusing on exploration and development projects. Its primary asset is the Gum Creek Gold Project, located in the Murchison Region of Western Australia.

YTD Price Performance: 10.42%

Average Trading Volume: 38,741

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$76.77M

See more data about HRN stock on TipRanks’ Stock Analysis page.

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