Horizon Minerals has reached an agreement to acquire the remaining 50 per cent of the high-grade Penny’s Find gold project from Labyrinth Resources. Horizon will transfer $500,000 cash, $250,000 worth of Horizon shares and a series of smaller payments including net smelter royalties pending Horizon bringing the project into production which lies 50 kilometres east of Kalgoorlie.
20/12/2021 - 16:38
Horizon takes the reins at Penny’s Find gold project
By Matt Birney
20/12/2021 - 16:38
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Rank Company Revenue 76th Sovereign Metals $9.6m 77th Horizon Minerals $9.4m 79th Novo Resources $7.8m 80th Talisman Mining $7.4m 598 listed resources wa companies ranked by revenue.
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