| Announcement Date: | 2022-10-04 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Horizon Minerals Ltd. |
| Project name: | Cannon |
| Location: | Australia |
| Commodities: | Palladium,Platinum,Copper,Nickel,Cobalt |
| Highlight: | Drilling results incl. 2m at 2.21% Ni, 0.08% Cu, 324.00ppm Co, 0.2g/t Pt, 0.56g/t Pd from 161m |
| 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 and exploration update from the 100% owned Cannon, Golden Ridge and Yarmany project areas located near Kalgoorlie-Boulder in the heart of the Western Australian goldfields (Figure 1). 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 of the open cut mine where highly magnetic ultramafics were known to exist. The drilling highlighted anomalous levels of Ni-Co-Cu within the regolith profile. This was the target for the follow up 2022 Golden Ridge exploration program. These 2 prospects were recently drill tested to validate the historical work and familiarise the Kalgoorlie team with the geology and structure. At Yarmany, follow up deep drilling beneath the nickel laterites delineated in the 2021 air core program was completed along with a regional ‘new discovery’ auger program that aimed at ‘opening up’ underexplored areas and conceptual targets. Project Geology The Cannon deposit occurs within Horizon’s Bulong South gold project located 30km east-southeast of Kalgoorlie in the Eastern Goldfields region of Western Australia, on granted mining lease ML25/333. |
| Read More |
Pricing Plans
We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.
Standard
$
10
Per Month
Stay up to date with the global mining industry.
- The Opaxe Review
- Search using Explore
- 40,000 company announcements
- Access announcements older than 7 days only
Essential
$
50
Per Month
Our most popular plan, great for: Small Investors, and Mining Suppliers
- All Standard plan features; plus
- New business opportunities every day
- Customizable filters and search results
- The Opaxe Index
- Export search results to your own system
- Company pages & other announcements
Premium
$
100
Per Month
Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders
- All Essential plan features; plus
- Announcement Alerts and Notifications
- Drilling result comparisons
- Downloadable intercept data
- Resources and reserves data