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Horizon Minerals has awarded GR Engineering with the scope to complete engineering studies on the mothballed Black Swan processing facility to revive it as a gold plant, following a recent merger with Poseidon Nickel. The study will outline refurbishment plans to potentially deliver a 100,000-ounce-a-year gold operation, with estimates of capital and operating costs to revive the plant amidst record-setting gold prices. Horizon has also been toll treating ore from its key gold deposits to generate revenue, positioning itself as a promising junior gold producer with significant growth potential.
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