Horizon Minerals will retain financial exposure to 62 tenements within its Kalgoorlie project area despite entering into a binding asset sale agreement for the ground with Northern Star Resources. According to the deal, Northern Star will pay Horizon $3.1 million in cash, in addition to receiving discovery payments of $20 per ounce for any JORC-compliant mineral resource at the sites – capped at 2 million ounces.
23/10/2023 - 13:30
Horizon bets on future success in Northern Star deal
23/10/2023 - 13:30
Related Data & Insights
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Rank Company Revenue 81st Horizon Minerals $9.4m 103rd Legacy Iron Ore $3.5m 104th Jupiter Mines $3.5m 106th Medallion Metals $3.1m 107th Bulletin Resources $3.1m 604 listed resources wa companies ranked by revenue.
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