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Horizon Gold Limited (ASX:HRN)

ALERT: Price-sensitive ASX Announcement for HRN
Current share price for HRN : $1.055 0.105 (11.05%)+
Announcement
Release
3 Aug 2026 9:30AM
Price at Release
$0.950
Full Release
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Summary
Horizon Gold Limited announced significant results from RC drilling at the Gum Creek Gold Project, located in Western Australia. Notable intercepts at the Kingfisher Prospect include 23 meters at 5.26g/t gold from 188 meters. The project, which consists of several prospects including Kingfisher, Hawk, and Swan, shows potential for resource expansion. The Kingfisher drill program involved 20 RC holes totaling 3,273 meters, aiming to fill gaps in historical drilling and test extensions. The project holds a Mineral Resource Estimate of 1.22 million tonnes at 2.01g/t gold for open cut mining. Further drilling and resource estimation updates are planned to enhance project economics.
Key Points
  • Horizon Gold Limited announced significant gold intercepts from RC drilling at the Gum Creek Gold Project.
  • The Kingfisher Prospect saw intercepts including 23m at 5.26g/t gold from 188m.
  • The Kingfisher drill program involved 20 RC holes totaling 3,273 meters.
  • The project is located in the Mid-West Region of Western Australia.
  • Drilling results suggest potential resource expansion at Kingfisher, Hawk, and Swan prospects.
  • The Gum Creek Project has an open cut Mineral Resource Estimate (MRE) of 1.22Mt at 2.01g/t gold.
  • Future drilling and updates to resource estimations are planned.
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.