Horizon Minerals Limited (ASX:HRZ) is a party to an Exclusivity Deed with Focus Minerals Limited (ASX:FML) relating to the potential acquisition by Horizon of Focus' Coolgardie Gold Project.
Horizon Minerals Limited
Horizon Minerals Limited (ASX:HRZ) is a gold exploration and mining company focussed on the Kalgoorlie and Menzies areas of Western Australia which are host to some of Australia's richest gold deposits. The Company is developing a mining pipeline of projects to generate cash and self-fund aggressive exploration, mine developments and further acquisitions. The Teal gold mine has been recently completed.
Horizon is aiming to significantly grow its JORC-Compliant Mineral Resources, complete definitive feasibility studies on core high grade open cut and underground projects and build a sustainable development pipeline.
Horizon has a number of joint ventures in place across multiple commodities and regions of Australia providing exposure to Vanadium, Copper, PGE's, Gold and Nickel/Cobalt. Our quality joint venture partners are earning in to our project areas by spending over $20 million over 5 years enabling focus on the gold business while maintaining upside leverage.
Horizon and Focus have agreed to extend the exclusivity period under the Exclusivity Deed until 18 October 2019. The terms of the Exclusivity Deed otherwise remain the same in all material respects as those previously announced by Horizon.
Horizon Minerals Limited (ASX:HRZ) continued to advance and build up its gold project portfolio in Western Australia. In addition, the Company's joint venture partners were active across multiple earn in projects including the exciting Richmond vanadium project in Queensland.
Horizon Minerals Limited (ASX:HRZ) is pleased to advise that the divestment of Horizon's interest in the Menzies and Goongarrie gold projects has been completed.
Horizon Minerals Limited (ASX:HRZ) is pleased to advise that it has reached agreement with Northern Star Resources Limited (ASX:NST) to a tenement exchange in the WA Goldfields for nil cash consideration.
As announced to the ASX on 11 February 2019, Horizon Minerals Limited (formerly Intermin Resources Limited) (ASX:HRZ) (Horizon) is a party to an Exclusivity Deed with Focus Minerals Limited (ASX:FML) (Focus) relating to the potential acquisition by Horizon of Focus' Coolgardie Gold Project.
Horizon Minerals Limited (ASX:HRZ) is pleased to announce further excellent reverse circulation drilling results from the 100% owned Binduli gold project area located 9km west of Kalgoorlie-Boulder in the heart of the Western Australian goldfields.
Horizon Minerals Limited (ASX:HRZ) is an emerging mid-tier gold producer with high quality projects located in the heart of the West Australian goldfields.
Horizon Minerals Limited (formerly Intermin Resources Limited) is pleased to advise that following shareholder approval at the General Meeting held on 24 July 2019, the Company's name change has now been completed at the Australian Securities and Investments Commission.
Intermin Resources Limited (ASX:IRC)(FRA:I6R) is pleased to provide the June 2019 Quarterly Activities Report. Intermin is a gold exploration and development company with a key focus in the Kalgoorlie and Coolgardie regions of Western Australia