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Horizon Gold Ltd.
Summary
| Project: | Gum Creek | |
|---|---|---|
| Deposit: | Gum Creek | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 9/29/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-9-2017: Horizon Gold Ltd. announces a Resource Estimation report for its Gum Creek deposit at the Gum Creek project. Annual mineral resource statement for Gum Creek. Horizon Gold Limited (ASX:HRN, Horizon, the Company) is pleased to announce the Compan | |
| Resources: | (Resource, I+I): 17.303Mt @ 2.25g/t Au for 1.25Moz Au contained at project | |
| CP/QP: | [Resources]: John Hicks (Panoramic Resources Ltd.) | |
| ABSTRACT: | Horizon Gold Limited (ASX:HRN, Horizon, the Company) is pleased to announce the Company’s Annual Mineral Resources Statement as at 30 June 2017. Total Mineral Resources as at 30 June 2017 are 17.3Mt @ 2.25g/t Au for 1.25 million ounces contained gold (Table 1), which is unchanged from the Resources reported in Horizon’s IPO Prospectus dated 21 October 2016 and previously by Panoramic Resources Limited (refer Panoramic Resources Limited (ASX:PAN) ASX announcement of 14 October 2016 titled, “Gum Creek Gold Project Mineral Resources at 30 September 2016”). Of the total, approximately 75% of the contained gold in Resource is classified as Indicated. No Ore Reserves have been declared for the Company’s Gum Creek Gold Project. | |
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