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How Will Horizon Gold’s A$30m Raise Accelerate Gum Creek’s Growth?

9:54am on Wednesday 4th of March, 2026 AEDT Mining
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How Will Horizon Gold’s A$30m Raise Accelerate Gum Creek’s Growth?

9:54am on Wednesday 4th of March, 2026 AEDT
Key Points
  • A$20 million placement backed by institutional and high net worth investors
  • A$10.2 million non-renounceable entitlement offer with strong insider participation
  • Funds allocated to an 80,000m expanded drilling program and feasibility study completion
  • Updated mineral resource estimate expected in second half of 2026
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