Horizon Minerals Limited Reports Strong Quarterly Activities for June 2025

Horizon Minerals Limited, an Australian-based mining company, has released its quarterly activities report for the period ending June 30, 2025. The report highlights the company’s significant progress in its mining operations and exploration activities. During the quarter, the company focused on advancing its flagship project, the Boorara Gold Mine, located in Western Australia. The mine has been performing well, with gold production exceeding expectations. The company has also been actively exploring new opportunities, including the acquisition of new tenements and the commencement of drilling programs. The report also notes that the company has made significant strides in its environmental and social initiatives, including the implementation of new sustainability measures and community engagement programs. The company’s managing director, Jon Price, commented on the report, stating that the company is pleased with the progress made during the quarter and is confident in its ability to continue delivering strong results. The company’s shares have been performing well, with a significant increase in value over the past quarter. The report also provides an update on the company’s financial position, including its cash balance and expenditure for the quarter. The company’s cash balance at the end of the quarter was $10.2 million, with a total expenditure of $5.5 million. The company has also provided guidance on its expected production and costs for the remainder of the year. The report notes that the company is on track to meet its production targets, with expected gold production of 20,000 ounces for the year. The company has also provided an update on its exploration activities, including the commencement of a new drilling program at its Rose Hill project. The program is aimed at testing new targets and expanding the company’s resource base. The company has also announced the appointment of a new non-executive director, who brings significant experience in the mining industry. The report concludes by noting that the company is well-positioned for future growth and is confident in its ability to deliver strong results. The company’s focus on sustainability and community engagement is also expected to continue, with a number of initiatives planned for the remainder of the year. Overall, the report provides a positive update on the company’s activities and position, and is expected to be well-received by investors. The company’s strong performance and positive outlook are expected to continue, with a number of catalysts for growth in the coming months. The report is a significant development for the company and is expected to have a positive impact on its share price. The company’s managing director, Jon Price, is quoted as saying that the company is ‘pleased with the progress made during the quarter and is confident in its ability to continue delivering strong results.’ The company’s financial position is also strong, with a significant cash balance and low expenditure. The report provides a comprehensive update on the company’s activities and is a must-read for investors and industry stakeholders. The company’s future prospects are positive, with a number of growth opportunities and a strong management team. The report is expected to be well-received by the market and is a significant development for the company.

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