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Horizon Gold Limited (ASX:HRN)

ALERT: Price-sensitive ASX Announcement for HRN
Current share price for HRN : $1.100 -0.09 (-7.56%)+
Announcement
Release
29 Apr 2026 9:27AM
Price at Release
$1.190
Full Release
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Summary
Horizon Gold Limited has reported significant gold intercepts from diamond drilling at the Gum Creek Gold Project in Western Australia, specifically from the Omega and Kingfisher prospects. At the Omega prospect, drilling has extended high-grade gold mineralisation down plunge by over 120 meters below existing workings with notable intercepts including 14 meters at 2.87 g/t Au and 8 meters at 4.60 g/t Au from 342 meters. Similarly, the Kingfisher prospect has seen expanded resource margins with significant intercepts such as 5 meters at 2.42 g/t Au including 3 meters at 3.56 g/t from 338 meters. These findings have bolstered Horizon Gold's strategy to explore high-grade gold beneath historic workings and support their ongoing feasibility study aimed for mid-year completion, leveraging a favourable gold price environment.
Key Points
  • Significant gold intercepts reported at Omega and Kingfisher prospects.
  • Omega drilling extends mineralisation over 120 meters down plunge.
  • Kingfisher prospect confirms and expands existing geological model.
  • Critical information gained for resource models and future mining opportunities.
  • Ongoing feasibility study and resource upgrade anticipated mid-year.
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.