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Black Swan

Black Swan to take flight on the Horizon

Horizon Minerals (ASX:HRZ) is using its stockpile material from the Boorara Project in Western Australia as an initial ore source for the Black Swan Processing Hub after resolving the haulage contract for the project’s remaining ore.

CEO Grant Haywood says the company expects to commission the plant in mid-2027, using the 14,200 ounces gold stockpile available.

“To further de-risk the startup we have already begun planning and preparation work at Boorara so the next phase of mining can restart smoothly early in 2027,” Haywood says.

“Boorara remains a key part of our plan, and we remain on track to become the next standalone mid-tier gold producer in the Western Australian Goldfields.”

The company says access to a consistent supply of ore from the stockpile will de-risk the mill’s startup.

As reported by Mining.com.au earlier this month, Horizon has placed an order for long-lead items required to complete development activities at the plant. This includes a pre-leach thickener to improve consistency in underflow density to the carbon in leach circuit and the gold gravity circuit’s water balance, as well as SAG and ball mill motors.

Meanwhile, Horizon and Paddington Gold Mine have mutually terminated the ore purchase agreement, as of 11 February 2026.

Horizon Minerals is an emerging mid-tier gold producer focused on projects in Western Australia.

Write to Maddison Elliott at Mining.com.au

Images: Horizon Minerals

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Written By Maddison Elliott
Maddison holds a Bachelor of Communication and Journalism, a Bachelor of Business, and a Master of Writing, Editing and Publishing. She enjoys transforming complex information into clear, engaging stories that inform, educate, and connect with readers. Outside of the newsroom, Maddison spends her time reading, exploring new places, catching a game, or spending time with friends and family.