Horizon Gold's 100%-owned Gum Creek Gold Project in Western Australia has a completed Definitive Feasibility Study outlining a production target of 880,000 ounces of gold over a 10-year mine life at an all-in sustaining cost of roughly A$2,995/oz, with first gold scheduled for H2 2028.
Notable vs. Peers
- Financials score of 2.1/10 is weaker than the peer average of 6.6/10.
Lifecycle Milestones
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.
Your Rankings
Management Team
Chief Executive Officer and Managing Director of Horizon Gold Limited, effective February 2, 2026. Mining engineer with 20+ years of technical/corporate experience in gold, base metals and nickel across Australia, Africa and Southeast Asia; most recently Managing Director of Blackstone Minerals leading nickel sulphide ventures.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Horizon Gold is a controlled subsidiary of Zeta Resources Limited, a listed resource investment holding company, which is what the 70% insider-ownership figure on this page reflects. Zeta is an investor rather than an operating miner, so its control block is a weaker signal than a producer taking a stake would be. Alongside it, Konwave AG -- a Swiss manager that runs dedicated gold-equity funds and is a genuine specialist rather than an index vehicle -- disclosed 5,097,037 shares, about 3.5%, in an ASX filing dated 11 September 2025. No insider purchases are on record.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.
Horizon Gold's Definitive Feasibility Study for the 100%-owned Gum Creek Gold Project (open-pit) outlines a maiden ore reserve of 18.2Mt at 1.24g/t for 728,000oz, supporting a 10-year mine life with 880,000oz of total recovered gold (98,000oz/yr average over the first 5 years). At an A$5,500/oz gold price assumption: pre-tax NPV5 of A$1,307m, pre-tax IRR of 53.1%, pre-tax free cash flow of A$1.85B, AISC of A$2,995/oz, pre-production capex of A$350m, and a 23-month payback from first production. First gold targeted H2 2028.