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Home World Australia

Horizon fires up drill rigs at high-grade Coolgardie gold project

25 June 2025
in Australia
0
Horizon fires up drill rigs at high-grade Coolgardie gold project
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Horizon Minerals has initiated a 30,000-metre drilling campaign at its Burbanks gold project near Coolgardie, aiming to revive the historic mine for gold production by next year. The project, with a current resource of 6.1 million tonnes grading 2.4g/t for 466,000 ounces, is part of a strategy to enhance mineralization and prepare for operations at the Black Swan plant by 2026.

Explain It To Me Like I’m 5: Horizon Minerals is drilling deep in the ground at an old gold mine called Burbanks to find more gold and start mining it again next year.

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Tags: Bulls N' BearsBusinessCoolgardiedrillfiresgoldhighgradeHorizonProjectPublic Companiesrigs
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