Announcement Date: 2022-06-01
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Horizon Minerals Ltd.
Project name: Cannon
Location: Australia
Commodities: Copper,Nickel,Cobalt
Highlight: Drilling results incl. 4m @ 1.0% Ni, 607ppm Cu, 250ppm Co from 160m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Horizon Minerals Limited (ASX: HRZ) (“Horizon” or the “Company”) is pleased to announce new nickel drilling results from the 100% owned Golden Ridge and Cannon (Au-Ni) project areas located 18km to 30km southeast of Kalgoorlie-Boulder in the heart of the Western Australian goldfields (Figure 2) The drilling formed part of the current CY22 program focussing on new discoveries across the 1,100km2 portfolio. During 2021, an Air Core program tested the Golden Ridge area to the west and to the south where highly magnetic ultramafics were known to exist. The drilling highlighted anomalous levels of Ni-CoCu within the regolith profile. This is the target for the follow up 2022 Golden Ridge exploration program.
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