Horizon Minerals Limited announce a regional drilling update for the Honeyeater, Golden Ridge, Black Flag, Lakewood, Boorara and Yarmany prospects all located in the Kalgoorlie - Coolgardie region. The drilling forms part of the 50,000m CY21 program testing high priority project generation and new discovery targets across the 1,100km2 portfolio. The aim of the program is to organically grow the project pipeline within a 75km radius of the proposed Boorara mill adding to the six core development projects under evaluation as part of the consolidated Feasibility Study. The gold mineralization is typically found in a shear zone with quartz veins, minor pyrite, and various amounts of silica-carbonate-sericite-chlorite alteration. The saline environment and strong weathering profile at Honeyeater have resulted in a 30m depletion zone from surface. This was also observed at the Jacques Find and Teal deposits 4km to the east. Consequently, many of the historic holes are now regarded as being too shallow and ineffective. Infill drill testing to better assess the size and grade of the oxide mineralization around Honeyeater is planned. RC drilling will also test the grade continuity at depth. Gold mineralization is associated with pyrite and arsenopyrite with alteration halos of iron carbonate, sericite and bleaching. The depth of weathering can vary from less than 10m in the northern area to over 60m in the southern area. The mineralization occurs with minor quartz veining and clays. Follow up drilling with the air core rig to test the extent of the oxide gold is planned. The area remains highly prospective for new Boorara-style mineralization. At the Kanowna South prospect five RC drill holes tested potential mineralization 150m west of an historic hole KARC001 (4m @ 2.35g/t Au from 70m). The most significant result was 1m @ 0.51g/t Au from 75m deep in KSRC21001. This prospect is being reviewed.