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Director, RaaS Research Group

Equity Bottom-Up

<ul><li>Horizon Minerals Limited (ASX:HRZ) is an emerging junior gold producer with 1.8moz of gold resources located around the Kalgoorlie and Coolgardie regions of Western Australia.</li><li>HRZ has released its September 2025 quarterly report which provides a progress update on mining, exploration and development activities.</li><li>Revenue of $35.8m was generated from gold sales at Boorara with another $3.64m received as a distribution from the Phillips Find JV.</li></ul>

Horizon Minerals Limited (ASX:HRZ) is an emerging junior gold producer with 1.8moz of gold resources located around the Kalgoorlie and Coolgardie regions of Western Australia.HRZ has released its September 2025 quarterly report which provides a progress update on mining, exploration and development activities.Revenue of $35.8m was generated from gold sales at Boorara with another $3.64m received as a distribution from the Phillips Find JV.

Horizon Minerals Ltd - Quarterly mining update

Intermin Resources

Horizon Minerals Ltd - Quarterly mining update