30/11/2020 - 15:09

Horizon strikes JV deal for Kalgoorlie satellite gold deposit

30/11/2020 - 15:09

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ASX-listed Kalgoorlie gold miner, Horizon Minerals, has picked up a 50 per cent stake in the high-grade Penny’s Find underground satellite gold deposit in WA’s Eastern Goldfields for $1.5 million cash. As part of the transaction that sets up a 50:50 joint venture, the company has also agreed to fund the proposed development of the historic gold mine 50km north-east of Kalgoorlie to the tune of $1 million.

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