Wire flash
FinanceHorizon Gold to host investor webinar on Gum Creek DFS on July 29
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
Horizon Gold Ltd (ASX:HRN) has invited shareholders to an investor briefing webinar on July 29, 2026, to discuss the recently released definitive feasibility study (DFS) for its 100%-owned Gum Creek Gold Project in Western Australia. Managing Director and CEO Scott Williamson will present the DFS, which outlines a financially robust development pathway targeting first gold production in the second half of 2028. The open-pit project is forecast to produce an average of 98,000 ounces of gold annually over its first five years, with total recovered production of 880,000 ounces over a 10-year mine life. Based on a gold price of A$5,500 per ounce, the project 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, with an all-in sustaining cost of A$2,995 per ounce and a 23-month payback period.
Source report
Proactive Wed, July 22, 2026 at 5:46 PM PDT 1 min read
- HRN.AX: 0.00%
- GC=F: +0.21%
- HO0.F: 0.00%
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 (DFS) 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: 9:00 AM AWST / 11:00 AM 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.
Key highlights from the DFS include:
- Average annual production: 98,000 ounces of gold during the first five years
- Total recovered production: 880,000 ounces over an initial 10-year mine life
- Gold price assumption: A$5,500 per ounce
- Pre-tax free cash flow: A$1.85 billion
- Pre-tax net present value (NPV): A$1.31 billion
- Internal rate of return (IRR): 53.1%
- Pre-production capital: A$350 million (including mine development, a new processing plant, supporting infrastructure, and contingency)
- All-in sustaining cost (AISC): A$2,995 per ounce
- Payback period: 23 months from first production
The open-pit development is expected to deliver strong financial returns, with a rapid payback period and significant free cash flow generation over the mine life.
Source
Yahoo FinanceWestern
Part of this Story
Horizon Gold to Host Investor Webinar on Gum Creek Definitive Feasibility Study