Horizon Minerals Limited (ASX:HRZ) is an emerging junior gold producer with ~1.9moz of gold resources located around the Kalgoorlie and Coolgardie regions of Western Australia.
The company has released its long-awaited study into the refurbishment of the Black Swan Plant and the associated mine plan, which demonstrate a profitable mining operation that can produce ~546koz over five years.
Alongside the release of the study, the company also raised $175m in equity, which provides the funding required to execute the development plan.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
Horizon Minerals Ltd - 2027: Black Swan takes flight