- Final single metre assays received from two nickel prospects within the Greater Boorara - Cannon project area, 30km southeast of Kalgoorlie in
- At the Euston prospect, 2 RC holes drilled to the southeast for 510m returned encouraging assays including:
o 2m @ 2.21% Ni, 765ppm Cu, 324 ppm Co and 0.76g/t Pt-Pd from 161m (CARC22008)
o 4m @ 0.64% Ni and 321ppm Cu from 180m (CARC22006)
- At the Blair North prospect, 900m northeast of Euston, 1 RC drillhole for 222m drilled to the southeast also confirmed the initial composite assay with an improved grade result of:
o 2m @ 2.68% Ni, 0.9% Cu, 440 ppm Co and 0.71g/t Pt-Pd from 176m (CARC22009)
- At
- Southern Geoscience has recommended several follow up drill holes to test all modelled conductor plates along a 1.2km magnetic high with drilling planned as part of the FY2023 exploration program
- At Yarmany, three wide spaced deep RC holes for 750m were drilled under the prospective nickel laterites highlighted by the air core drilling from 2021. A fertile komatiite unit was discovered, with further analysis and follow up drill planning underway
- In addition, first pass auger sampling comprising 972 shallow holes has been completed across Yarmany with all samples submitted to LabWest for multielement ultrafine analysis
- Further results are expected in the current
Commenting on the nickel exploration success, Horizon Managing Director Mr
"It's very encouraging to see confirmation of nickel sulphide mineralisation at Blair North and Euston and we look forward to further drilling success in this highly prospective area. The results from the downhole EM survey and geoscientific analysis at
"The Company's grassroots exploration program is continuing to deliver quality results in gold, nickel and rare earths as we test high priority targets across the core Greater Boorara - Cannon, Lakewood, Yarmany and Binduli project areas with further results expected in the current
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About
Horizon is aiming to significantly grow its JORC-Compliant Mineral Resources, complete definitive feasibility studies on core high grade open cut and underground projects and build a sustainable development pipeline.
Horizon has a number of joint ventures in place across multiple commodities and regions of
Contact:
Managing Director
T: +61 8 9386 9534
E: jon.price@horizonminerals.com.au
Media Relations -
T: +61 422 602 720
E: michael.vaughan@fivemark.com.au
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