Horizon Minerals Ltd ( (AU:HRZ) ) just unveiled an update.
Horizon Minerals has announced progress on the Phillips Find Gold Project, with a joint venture agreement in place with BML Ventures for the development and mining of two open pits. The project has a low financial risk structure, with BML funding all costs and profits to be shared equally between the two companies. The first ore is being processed at the Greenfields mill, marking a significant step towards gold production and value generation for shareholders in a favorable gold price environment.
More about Horizon Minerals Ltd
Horizon Minerals Limited is a company involved in the gold mining industry, focusing on the development and production of gold. Its operations are centered in the Western Australian goldfields, with a specific emphasis on projects like the Phillips Find Gold Project.
Average Trading Volume: 20,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €46.38M
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