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Horizon bags high grade gold outside WA mine plan
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The West Australian
Horizon Gold has delivered a volley of broad, high-grade gold hits from drilling outside the recently completed DFS mine plan at its Gum Creek gold project in Western Australia’s Mid-West/ Murchison region.
The company says the drilling at Kingfisher was designed to plug a gap in historical drilling data and test for extensions to the north.
Significant intercepts include 12 metres at 2.3g/t gold from 140m, featuring a higher-grade slice of 6 metres at 4.26g/t gold.
Importantly, these resource additions sit outside those included in the recently released Definitive Feasibility Study and will potentially enhance project economics.
The overall Gum Creek project is underpinned by a serious global mineral resource of 37.97 million tonnes grading 1.89g/t for 2.3 million ounces of gold.