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Horizon Gold Limited (ASX:HRN)

ALERT: Price-sensitive ASX Announcement for HRN
Current share price for HRN : $0.985 -0.265 (-21.20%)+
Announcement
Release
28 Apr 2026 9:30AM
Price at Release
$1.250
Full Release
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Summary
Horizon Gold Limited's Quarterly Activities Report for the period ending 31 March 2026 discusses significant progress made in their exploration and development activities at the Gum Creek Gold Project in Western Australia. During the quarter, the company completed diamond drilling at the Kingfisher and Omega prospects, initiated resource expansion drilling at the Eagle South and Goldfinch prospects, and advanced the Gum Creek Feasibility Study. Noteworthy results were obtained from the Kingfisher prospect, confirming high-grade gold mineralization and suggesting potential for further discoveries. Horizon Gold raised $30 million through capital raising initiatives to fund feasibility studies and exploration programs. The quarter also saw the appointment of Scott Williamson as the CEO and Managing Director, effective February 2026.
Key Points
  • Completion of deep diamond drilling at Kingfisher and Omega prospects.
  • Initiation of resource expansion drilling at Eagle South and Goldfinch prospects.
  • Advancement of the Gum Creek Feasibility Study, on schedule for H1 CY 2026.
  • High-grade gold mineralization confirmed at Kingfisher.
  • Capital raising of $30 million announced to support studies and exploration.
  • Appointment of Scott Williamson as CEO and Managing Director.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.