Australia's Horizon Minerals hit near 1-year high on ore treatment deal

Maritana Minerals

13/05/2024 04:40

** Shares of Horizon Minerals  HRZ.AX  rise as much as 19.1%
to A$0.050, their highest level since May 18, 2023
    ** Gold producer enters binding toll milling agreement with
FMR Investments Pty Ltd
    ** Says agreement to treat 200 kilo tonnes of ore from co's
Cannon underground project using FMR's Greenfields Mill in
Western Australia
    ** Says treatment of ore will commence in Dec 2024 qtr
    ** About 1.2 mln shares change hand compared to 30-day
average trading volume of 525,047 shares
    ** Stock flat so far this year, as of last close 
   

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))