Horizon Gold to host Gum Creek DFS investor webinar
Published: 20:46 22 Jul 2026 EDT
Horizon Gold Ltd (ASX:HRN, OTC:HZGLF, FRA:HO0) has invited shareholders to attend an investor briefing webinar on MarketOpen Direct Connect.
Managing director and CEO Scott Williamson will provide an update on the recently released definitive feasibility study for the company’s 100%-owned Gum Creek Gold Project in Western Australia.
The briefing will be followed by an interactive question-and-answer session.
Webinar: https://bit.ly/4wh5dqc
Date: Wednesday, July 29, 2026
Time: 9.00am AWST / 11.00am AEST
Gum Creek DFS outlines robust development pathway
The Gum Creek definitive feasibility study outlines a financially robust development pathway targeting first gold production in the second half of 2028.
The open-pit development is forecast to produce an average of 98,000 ounces of gold annually during its first five years, with total recovered production of 880,000 ounces over an initial 10-year mine life.
Based on a gold price of A$5,500 per ounce, Gum Creek is expected to generate A$1.85 billion in pre-tax free cash flow, a pre-tax net present value of A$1.31 billion and an internal rate of return of 53.1%.
Pre-production capital is estimated at A$350 million, including mine development, a new processing plant, supporting infrastructure and contingency.
The project has an estimated all-in sustaining cost of A$2,995 per ounce and a 23-month payback period from first production.
