Horizon Minerals Limited (ASX:HRZ) High Grade Drill Results From Kalpini Gold Project
High Grade Drill Results From Kalpini Gold ProjectPerth, July 27, 2021 AEST (ABN Newswire) - Horizon Minerals Limited (
ASX:HRZ) is pleased to announce new high-grade drilling results from the 100% owned Kalpini gold project areas located 50km northeast of the Boorara gold project and comprises the Gambia, Camelia and Atlas deposits covering 585 hectares on granted mining lease M27/485 (Figures 1 and 2 ).
HIGHLIGHTS
- Reverse Circulation (RC) and diamond drilling (DD) completed at 100% owned Kalpini gold project area, 50km northeast of Boorara in the Western Australian goldfields
- Kalpini acquired in November 2020 for A$2.75 million in cash with an historic JORC 2004 Mineral Resource (before depletion) of 4.6Mt grading 1.7g/t Au for 255,000oz
Australia
Gambia
Perth
Western-australia
Binduli
Boorara
Australian
Rose-hill
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Minerals-limited
Western-australian
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Promoted
The company s board recommended a final dividend of Rs 5.75 per ordinary share of Re 1 each for the financial year 2020-21, upon declaration of board members. If declared, the final will be paid on August 13, 2021. ITC s cigarette business reported recovery with the easing of restrictions and improved mobility. Its volumes touched nearly pre-Covid levels towards the end of the year, said the company in its statement.
ITC s earnings before interest, tax, depreciation, and amortization (EBITDA) of the non-cigarette FMCG business grew 19.3 per cent in the fourth quarter of fiscal 2020-21, to Rs 305.98 crore. The company s agriculture business reported strong growth in the March quarter, with its sales surging 78 per cent on yearly basis.
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