Horizon Gold Ltd. · ASX:HRN
Horizon Gold — RIU Explorers Conference 2021
17 slides from Horizon Gold's conference presentation, Feb 16, 2021
Slide 1: Gum Creek Gold Project: An Outstanding Exploration Opportunity
For personal use only GUM CREEK GOLD PROJECT AN OUTSTANDING EXPLORATION OPPORTUNITY RIU Explorers Conference ASX:HRN Esplanade Hotel Fremantle, 16-18 February 2021
Slide 2: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER For personal use only Forward Looking Statements This presentation may contain certain “forward-looking statements” which may not have been based solely on historical facts, but rather may be based on the Company’s current expectations about future events and results.
Slide 3: A Compelling Gold Investment
A COMPELLING GOLD INVESTMENT For personal use only +1Moz 1.36Moz 620km2 +1Moz historical production Current 18.6Mt @ 2.3g/t Au* Dominant exploration land from the licences through the Mineral Resource on granted holding all within the Gum Gidgee mill (1987 to 2005) mining leases with open pit Creek
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT For personal use only ASX code HRN 12 MONTH SHARE PRICE $0.70 Share price (15/02/2021) $0.51 $0.60 $0.50 Shares on issue 87.8M $0.40 Market capitalisation $44.8M $0.30 $0.20 Cash (31/12/2020) $1.1M $0.10 Major shareholder ASX : ZER 69% $0.00 BOARD OF DIRECTORS Chair Peter Sullivan
Slide 5: Gum Creek Project
GUM CREEK 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 operati
Slide 6: Geological Review and Targeting
GEOLOGICAL REVIEW AND TARGETING ▪ Dominant contiguous tenement package For personal use only over the Gum Greek Greenstone Belt (620km2) ▪ Comprehensive geological and targeting review identified 48 exploration targets over 80km of continuous strike ▪ 9 high-priority drill ready targets at existing
Slide 7: Geological Review and Targeting
GEOLOGICAL REVIEW AND TARGETING ▪ 65% of the drill holes at Gum Creek For personal use only 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 MRE ▪ In summary: ▪ Prospective r
Slide 8: Swan/Swift Resource Area
SWAN/SWIFT RESOURCE AREA For personal use only ▪ Swan/Swift current open cut resource is 323Koz @ 2.4g/t Au ▪ Swan UG MRE is 115Koz @ 7.0g/t Au ▪ 700m from the Gidgee mill ▪ Large structurally complex mineralised system in dolerite host rocks ▪ Excellent potential to define further open cut and unde
Slide 9: Swan/Swift Resource Area
SWAN/SWIFT RESOURCE AREA For personal use only ▪ Swift underground MRE is 35Koz @ 5.9g/t Au ▪ 1.2km from the Gidgee mill ▪ Structurally complex mineralised system in dolerite host rocks ▪ Excellent potential to define further open cut and underground gold resources Refer to Horizon Gold ASX Announce
Slide 10: Wilsons Resource Area
WILSONS RESOURCE AREA For personal use only ▪ Wilsons current resource is 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 alon
Slide 11: Howards Deposit
HOWARDS DEPOSIT For personal use only ▪ Howards current resource is 204Koz @ 1.1g/t Au ▪ 28km southeast of the historic Gidgee mill ▪ Currently 1km long and up to 50m wide ▪ Higher grade plunging gold lodes in quartz veined altered basalt (open down plunge) ▪ Good potential to define additional gold
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 additional gold resources at depth ▪ Best historic underground drilling intercepts: ▪ 30m @ 21.1g/t Au from 57m ▪ 13m @ 10.8g/t
Slide 13: Gum Creek Existing Infrastructure
GUM CREEK EXISTING INFRASTRUCTURE For personal use only 13
Slide 14: Drill Target Priorities
DRILL TARGET PRIORITIES 9 For personal use only ▪ Forty eight exploration targets across four categories Mineral Resources of advancement provides an extensive and exciting exploration pipeline 20 ▪ Detailed target ranking based on structural style, host Potential New Mineral Resources rock type, ta
Slide 15: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only +1.3Moz +2g/t Resource Standalone Gold upside below development Resource +30 pits potential Strategic Continuous Underexplored regional asset 80km of strike greenstone belt +40 drill targets Drilling Strong Board & identified expected to supportive commenc
Slide 16: 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) (oz) Au (g/t) 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 17: 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 17