Horizon Gold : Managing Director's AGM Presentation

ersonal use only

AGM PRESENTATION

19 NOVEMBER 2021

au.com.horizongold

IMPORTANT NOTICE AND DISCLAIMER

No New Information or Data

This presentation contains references to exploration results and Resource estimates, all of which have been cross onlyreferenced to previous market announcements made by the Company. The Company confirms that it is not aware of any ew information or data that materially affects the information included in the relevant market announcements and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates

in the relevant market announcement continue to apply and have not materially changed.

useForward Looking Statements

This presentation may contain certain "forward-looking statements" which may not have been based solely on historical facts, but rather may be based on the Company's current expectations about future events and results. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward looking statements are subject to risks,

uncertainties, assumptions and other factors, which could cause actual results to differ materially from future results ersonalexpressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to metals price

volatility, currency fluctuations, as well as political and operational risks and governmental regulation and judicial outcomes.

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A COMPELLING INVESTMENT OPPORTUNITY

	+1Moz
+1Moz historical production from the
only	licences through the Gidgee mill
(mining ceased in 2005 @ A$560/oz)
use	48 targets
ersonal	Extensive brownfields and

greenfields exploration targets along

80km of continuous strike

1.36Moz	668km2
Current 18.6Mt @ 2.3g/t Au* Mineral	Dominant tenement holding over
Resource on granted mining leases	most prospective parts of the Gum
	Creek Greenstone Belt SE of
	Meekatharra

40 mines	Infrastructure
37 historic open pit and 3	Significant existing infrastructure:
underground gold mines all with the	mine camp, tailings dam, air strip,
potential to add gold resources	haul road network and 600Ktpa plant

* Refer to Horizon Gold ASX Announcement dated 12 February 2021 titled "Gum Creek Gold Project Resource Update Addendum" 3

CORPORATE SNAPSHOT

12 MONTH SHARE PRICE

only$0.55 $0.50

use$0.45 $0.40

$0.35

ersonal$0.30

$0.25

ASX code	HRN
Share price (18/11/2021)	$0.365c
Shares on issue	106.7M
Market capitalisation	$38.9M
Cash (30/09/2021)	$3.5M*
Enterprise Value	$35.4M
Major shareholder	ASX:ZER 70.2%
Top 20 (18/11/2021)	91.4%
BOARD OF DIRECTORS
Chairman	Peter Sullivan
Managing Director	Leigh Ryan
Non-Executive Director	Jamie Sullivan
Non-Executive Director	Peter Venn
Non-Executive Director	Dugald Morrison
Company Secretary	Trevor O'Connor
	* includes $2.5 million of cash on deposit with 4
	Zeta Resources Limited, available on call

GUM CREEK GOLD PROJECT

▪	One flagship project within a highly productive
only
	gold mining district
▪	1.1Moz mined between 1987 and 2005
	(Arimco, Australian Resources, Abelle, & Legend Mining)
▪	Mining ceased in March 2005 when the gold
use
	price was around A$560/oz
▪	Five operating gold processing plants in the
	region
▪	Strategy is to build on the current resource and
ersonal
	develop a standalone mining operation

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