Horizon Gold (ASX:HRN) consistent high-grade intercepts returned from RC Drilling at Gum Creek

Horizon Gold has announced a series of significant gold intersections from Reverse Circulation (RC) drilling at its 100% owned Gum Creek Gold Project in the Mid-West region of Western Australia.

The program, encompassing Swift, Eagle, Goldfinch, Shrike South, Thornbill West, and Vigilant prospects, forms part of an ongoing strategy to expand open pit resources and evaluate potential extensions for underground mining.

The drilling results support planned maiden Mineral Resource Estimates (MREs) for Goldfinch and Shrike South and underpin resource growth at Swift and Eagle.

Highlights

• Swift RC drilling returned high-grade intercepts outside the current MRE, including 6m @ 5.13 g/t Au from 95m and 3m @ 6.13 g/t Au from 123m.
• Eagle drilling extended known gold mineralisation approximately 300m south, including 13m @ 1.50 g/t Au from 34m and 8m @ 2.36 g/t Au from 58m.
• Goldfinch RC drilling delivered 4m @ 6.19 g/t Au from 75m and 3m @ 5.11 g/t Au from 73m, forming part of the forthcoming maiden MRE.
• Shrike South RC drilling returned multiple significant intercepts, including 11m @ 1.18 g/t Au from 72m and 7m @ 1.43 g/t Au from 82m.
• Feasibility Study for the Gum Creek Gold Project remains on track for mid-2026 completion, with mine development and closure planning underway.

At the Swift Prospect, RC drilling targeted down-dip and up-dip extensions outside the current Swan/Swift open cut and underground MREs.

Key intercepts include 6m @ 5.13 g/t Au from 95m, including 2m @ 14.7 g/t Au, and 5m @ 4.28 g/t Au from 146m, including 2m @ 10.28 g/t Au, confirming the interpreted flat-lying, stacked lode model to the west of the main Swift lode.

Diamond tails to three RC pre-collars are planned to test down-dip continuity and provide structural data on high-grade plunging shoots ahead of an MRE update later in 2026.

Eagle drilling extended mineralisation along strike by approximately 300m with intercepts such as 3m @ 6.62 g/t Au from 43m, including 1m @ 16.35 g/t Au, while Goldfinch drilling supports a maiden MRE.

Shrike South returned significant shallow strike extensions including 11m @ 1.18 g/t Au from 72m, including 5m @ 2.20 g/t Au, confirming continuity beneath the historic open cut.

Horizon Gold Managing Director Scott Williamson said:

“These impressive high-grade RC drilling results from Swift, Eagle, Shrike South and Goldfinch continue to unlock our free-milling open pit mining strategy. We’re consistently adding shallow, high-grade resource ounces less than two kilometres from the proposed 2.4Mtpa processing plant while simultaneously drilling deeper to unlock the underground potential throughout the Gum Creek Greenstone Belt,”

The Gum Creek Feasibility Study is advancing on schedule, with risk assessments concluded and a draft report nearing completion, while sustained strength in gold prices provides additional confidence in project economics.

Continued resource expansion drilling at Swift, Eagle, Goldfinch, and Shrike South enhances the overall Mineral Resource base, supporting both near-surface open pit and potential underground development.

These outcomes position Horizon Gold to define material expansions and improve project valuation within a Tier 1 Western Australian gold province.

—

Click here to view the latest ASX news.

Subscribe to The Day’s Play for daily ASX insights and capital markets updates.

Please note the following valuable information before using this website. 

Independent Research 

Market Open Australia is intended to be used only for educational and informative purposes, and any information on this website should not be taken as investment advice or guidance. It is important to conduct your own research before making any investment decisions, which should be based on your own investment needs and personal circumstances. Any investment decisions based on information contained on this website should be taken in line with independent financial advice from a qualified professional or should be independently researched and verified.