Announcement Date: 2022-03-15
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Horizon Gold Ltd.
Project name: Gum Creek
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 25m @ 4.3g/t Au from 151m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Horizon Gold Limited (ASX Code: HRN) (Horizon or Company) is pleased to announce additional significant gold results from the recently completed diamond drilling at its 100% owned Gum Creek Gold Project located in the Mid-West Region of Western Australia (Figures 1 & 12). All assay results have now been received from the initial diamond drilling programs at the Swift, Eagle, Kingfisher, Howards, Kingston Town, Manikato, Heron South, Camel Bore, Snook, PSI, Omega North and Specimen Well prospects. All prospects maintain direct links to the existing Gidgee haul road network. Horizon completed a total of 18 diamond holes for 2,040.8 metres at twelve prospects throughout the Gum Creek Gold Project during September-October 2021. Seventeen holes were diamond core “tails” extending previously drilled RC pre-collars, whilst one hole was drilled from surface at Kingfisher. All holes were geologically and structurally logged with density measurements completed through all ore zones. The diamond drilling advanced our geological interpretations and significantly enhanced our understanding of the controls on gold mineralisation especially at the Kingston Town, Heron South, Snook, and Specimen Well prospects where little or no previous diamond drilling had been completed. Diamond drilling assay results and geological outcomes for each prospect are summarised below.
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