Horizon Minerals has bumped up its resource estimate for the company’s 100 per cent-owned Penny’s Find gold mine project 50km north-east of Kalgoorlie by nearly 50 per cent to 63,000 ounces. The latest estimate is based on a compilation of all drilling results below the 260m relative level and a lower cut-off grade of 1.5g/t gold, yielding a total resource estimate of 429,000 tonnes at a grade of 4.57g/t gold.
29/12/2023 - 12:16
Horizon adds 46 per cent to Penny’s Find gold resource
By Doug Bright
29/12/2023 - 12:16
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Rank Company Revenue 81st Horizon Minerals $9.4m 103rd Legacy Iron Ore $3.5m 104th Jupiter Mines $3.5m 106th Medallion Metals $3.1m 107th Bulletin Resources $3.1m 605 listed resources wa companies ranked by revenue.
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