Horizon Minerals (ASX:HRZ) has reported further high-grade drilling success at its 100% owned Burbanks Gold Project, located near Coolgardie in Western Australia.
The company has completed approximately 75% of its 15,000-meter Phase 1 diamond drilling program, with the latest assays confirming exceptional gold tenors.
The standout result from the recent batch was a hit of 2.00m @ 235.70g/t Au from 248.31m, which included a higher-grade interval of 1.16m @ 396.62g/t Au.
This intercept featured visible gold within a breccia zone and was located near a previously reported "spectacular" hit of 5,848g/t Au.
These results reinforce the continuity of mineralisation between the Main Lode and Burbanks North deposits.
Managing Director Grant Haywood stated that these intercepts support the company's strategy to increase high-grade feed for its Black Swan processing plant.