Brisbane Times
·general
·2 hours ago
Horizon revives historic WA gold camp with massive drilling blitz
Horizon Gold is reviving the historic Gum Creek gold project in Western Australia's Sandstone district with an aggressive drilling campaign. The Perth-based developer holds a 2.31 million-ounce resource and plans a $350 million starter operation producing 100,000 ounces annually. Gold prices have surged to A$6,300 per ounce from A$560 when operations halted in 2005, dramatically improving project economics.
Summary by Glance · Brisbane Times
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