Horizon Gold Ltd. · ASX:HRN
Horizon Gold — Investor Presentation (March 2021)
21 slides from Horizon Gold's investor presentation, Mar 10, 2021
Slide 1: Investor Presentation March 2021
horizongold.com.au INVESTOR For personal use only PRESENTATION MARCH 2021
Slide 2: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER For personal use only No New Information or Data This presentation contains references to exploration results and Resource estimates, all of which have been cross referenced to previous market announcements made by the Company. The Company confirms that it is not awar
Slide 3: A Compelling Gold Opportunity
A COMPELLING GOLD OPPORTUNITY For personal use only +1Moz 1.36Moz 620km2 +1Moz historical production from the Current 18.6Mt @ 2.3g/t Au* Mineral Dominant exploration land holding licences through the Gidgee mill Resource on granted mining leases all within the Gum Creek (1987 to 2005) Greenstone Be
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT For personal use only ASX code HRN 12 MONTH SHARE PRICE Share price (9/03/2021) $0.395 Shares on issue 87.8M $0.70 Market capitalisation $34.7M $0.60 Cash (31/12/2020) $1.1M Major shareholder ASX:ZER 68.8% $0.50 Top 20 90.7% $0.40 BOARD OF DIRECTORS $0.30 Chairman Peter Sullivan $
Slide 5: Gum Creek Gold Project
GUM CREEK GOLD PROJECT For personal use only ▪ One flagship project in the centre of a highly productive gold mining district ▪ 1.1Moz mined between 1987 and 2005 (Amoco JV, Australian Resources, Abelle, & Legend Mining) ▪ Mining ceased in March 2005 when the gold price was around A$560/oz ▪ Five op
Slide 6: Geological Review and Targeting
GEOLOGICAL REVIEW AND TARGETING For personal use only ▪ Dominant contiguous tenement package over the Gum Greek Greenstone Belt (620km2) ▪ Comprehensive geological and targeting review identified 48 exploration targets over 80km of continuous strike – Nine high-priority drill ready targets at existi
Slide 7: Geological Review and Targeting
GEOLOGICAL REVIEW AND TARGETING For personal use only ▪ 65% of the drill holes at Gum Creek are less than 50m deep ▪ No significant near-mine drilling around the 40 known mining areas for 20 years ▪ Outstanding potential to significantly increase the current 1.36Moz Mineral Resource Estimate (MRE) ▪
Slide 8: Swan/Swift Resource Area
SWAN/SWIFT RESOURCE AREA For personal use only ▪ Swan/Swift current open cut resource; 323Koz @ 2.4g/t Au ▪ Swan UG MRE; 115Koz @ 7.0g/t Au ▪ Large structurally complex mineralised system in folded dolerite host rocks ▪ 700m from Gidgee mill ▪ Shallow RC drilling planned along strike to the north an
Slide 9: Swan/Swift Resource Area
SWAN/SWIFT RESOURCE AREA For personal use only ▪ Swift UG MRE; 35Koz @ 5.9g/t Au ▪ 1.2km from Gidgee mill ▪ Large, structurally complex mineralised system in folded dolerite host rocks ▪ Shallow RC drilling planned along strike to the north and south ▪ Excellent potential to define further open cut
Slide 10: Wilsons Resource Area
WILSONS RESOURCE AREA For personal use only ▪ Wilsons MRE; 391Koz @ 5.4g/t Au ▪ 15km north of the Gidgee mill ▪ Three high grade plunging lodes open down plunge – structural jogs on dolerite / sediment contact ▪ Excellent potential to define additional gold resources at depth and along strike ▪ Best
Slide 11: Howards Deposit
HOWARDS DEPOSIT For personal use only ▪ Howards MRE; 204Koz @ 1.1g/t Au ▪ 28km southeast of the Gidgee mill ▪ Currently 800m long and up to 50m wide ▪ Higher grade plunging gold lodes in quartz veined altered basalt (open down-plunge) ▪ Shallow, down-plunge RC drilling planned ▪ Good potential to de
Slide 12: Omega/Psi Deposits
OMEGA/PSI DEPOSITS For personal use only ▪ 40km north of the Gidgee mill ▪ High grade plunging gold lodes in folded BIF (open down plunge) ▪ Excellent potential to define resources at depth and along strike (MRE not completed) ▪ Shallow, down-plunge RC drilling planned at Omega North & PSI ▪ Diamond
Slide 13: Specimen Well
SPECIMEN WELL For personal use only ▪ Specimen Well MRE; 23Koz @ 2.0g/t Au (not previously mined) ▪ 44km from Gidgee mill ▪ Best historic drill intercepts: – 11m @ 10.7g/t Au from 42m – 25m @ 4.3g/t Au from 33m – 37m @ 2.6g/t Au from 23m ▪ RC drilling planned down-plunge to the south ▪ Excellent pot
Slide 14: Kingston Town
KINGSTON TOWN For personal use only ▪ 20km south-southeast of Gidgee mill ▪ Best historic drill intercepts: – 7m @ 8.6g/t Au from 43m – 8m @ 4.4g/t Au from 90m ▪ Shallow RC drilling planned along strike to the north & south and down-plunge to the south ▪ Excellent potential to define additional open
Slide 15: Heron South
HERON SOUTH For personal use only ▪ Heron South MRE; 80Koz @ 2.2g/t Au ▪ 15km south-east of Gidgee mill ▪ Best historic drill intercepts: – 14.0m @ 5.5g/t Au from 95m – 15.0m @ 3.7g/t Au from 123 – 14.0m @ 3.8g/t Au from 102m ▪ RC drilling planned down-plunge to the south and north ▪ Excellent poten
Slide 16: Eagle
EAGLE For personal use only ▪ 1.4km south of the Gidgee mill ▪ High grade plunging gold lodes (open down plunge) ▪ Excellent potential to define resources at depth (MRE not completed) ▪ Shallow, RC drilling planned along strike and down-plunge ▪ Diamond drilling planned up-dip of 10m @ 6.0g/t Au fro
Slide 17: Gum Creek Existing Infrastructure
GUM CREEK EXISTING INFRASTRUCTURE For personal use only 17
Slide 18: Drill Target Priorities
DRILL TARGET PRIORITIES For personal use only ▪ Forty eight exploration targets across four categories of advancement provides an extensive and exciting exploration pipeline 9 Mineral ▪ Detailed target ranking based on structural style, host rock Resources type, target gold grade, target depth, meta
Slide 19: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only +1.36 Moz Resource upside Standalone +2g/t Gold along strike & development Resource below +30 pits potential Strategic Continuous Underexplored regional asset 80km of strike greenstone belt +40 drill 40,000m drill Strong Board & targets program starting su
Slide 20: Mineral Resources
MINERAL RESOURCES For personal use only Cut-off Indicated Inferred Total Contained Resource Mineralisation Resource grade (g/t Gold Date Type Tonnes Au (g/t) Tonnes Au (g/t) Tonnes Au) Au (g/t) (oz) Open Pit Resources Swan & Swift OC Jan-21 0.7 Free Milling 2,642,000 2.6 1,516,000 2.0 4,158,000 2.4
Slide 21: Contact Details
CONTACT DETAILS For personal use only Leigh Ryan Managing Director +61 8 9336 3388 info@horizongold.com.au horizongold.com.au ASX: HRN 21