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How Will Horizon Minerals Unlock Gordons Dam’s Gold Potential Near Black Swan?

8:34am on Tuesday 5th of August, 2025 AEST Mining
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How Will Horizon Minerals Unlock Gordons Dam’s Gold Potential Near Black Swan?

8:34am on Tuesday 5th of August, 2025 AEST
Key Points
  • Binding Tenement Sale Agreement with Yandal Resources for Gordons Dam and nearby projects
  • Acquisition includes 34 granted tenements covering approximately 77 km² near Black Swan plant
  • Gordons Dam hosts an inferred mineral resource of 365,000 tonnes at 1.7 g/t Au for 20,000 ounces
  • Consideration of A$2.81 million split between cash and discounted Horizon shares
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