INTERIM EXPLORATION UPDATE
More High-Grade Mineralisation at the Premium-Butcherbird Prospect
Highlights
- Assay results from the recently completed drill program to test the Butcherbird Shear and Premium Lode have returned more high-grade gold mineralisation, including:
- 8.0m @ 19.7g/t Au from 297.0m in SBDD080, and
- 6.6m @ 10.9g/t Au from 265.9m in SBDD076
Non-Executive Chairman, Peter Harold, said “we are very pleased with the results of this initial drilling program, which demonstrate the prospectivity of the Premium Lode/Butcherbird Shear. Given the size of the estimated Exploration Targets for both the Premium Lode and the Butcherbird Shear, these results warrant additional drilling.”
To Read the Announcement, please click here
About the Company
Horizon Gold Limited (ASX:HRN) is an exploration company focused on its 100% owned Gum Creek Gold Project in Western Australia. The Gum Creek Gold Project hosts JORC 2012 Mineral Resources of 1.25 million ounces of gold. It is located within a well-endowed gold region that hosts multi-million ounce deposits including Big Bell, Wiluna, Mt Magnet, Meekatharra and Agnew/Lawlers. Horizon has identified multiple drill targets and is undertaking exploration and development studies with the aim of becoming a stand-alone gold producer.
For further information contact:
Peter Harold, Chairman
+61 8 6266 8600
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