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Horizon Minerals Ltd.
Summary
| Project: | Windanya | |
|---|---|---|
| Deposit: | Windanya | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/12/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-11-2019: Horizon Minerals Ltd. announces an Exploration/Drilling Update report for its Windanya deposit at the Windanya project. Drilling results incl. 12m @ 3.62g/t Au from 28m. Horizon Minerals Limited (ASX: HRZ) (“Horizon” or the “Company”) (former | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David O’Farrell (Internal) | |
| ABSTRACT: | Horizon Minerals Limited (ASX: HRZ) (“Horizon” or the “Company”) (formerly Intermin Resources Limited) is pleased to announce further excellent reverse circulation (“RC”) drilling results from the 100% owned Kalgoorlie regional gold project areas located along the Bardoc Tectonic Zone and Abattoir Shear Zone in the heart of the Western Australian goldfields (Figure 1). Commenting on the latest results, Horizon Managing Director Mr Jon Price said: “The regional drilling program continues to deliver new and exciting results in areas where limited modern exploration has been conducted in the past. The Windanya and Baden Powell areas are now demonstrating the potential for new resources to be established within trucking distance from a centralised processing facility. We look forward to the next round of drilling to further test the extent of mineralisation and infill drilling to improve geological confidence. ” During 2019, the Company completed 3 RC programs, focused on resource growth at Coote and Crake, but also testing a number of under explored regional prospects such as the Central Binduli area (Darter and Honeyeater), Black Flag, Capricorn and Baden Powell. These tenements are all located within the highly prospective Abattoir Shear-Bardoc Tectonic Zone corridor. To date, Horizon has drilled a total of 164 RC holes for 14,227m in 2019. | |
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