Horizon Gold is restarting work at its historic Gum Creek gold project in Western Australia, launching a major drilling program aimed at expanding its resource potential. Multiple outlets report that the company plans an 80,000-metre drilling “blitz” at Gum Creek. Horizon is targeting a possible total gold inventory of around three million ounces, which would reflect further definition and expansion of mineralisation at the site.
Sources also point to potential upside from underground targets, suggesting that the project’s exploration focus is not limited to near-surface deposits. One outlet additionally links the project’s momentum to current market conditions, citing a gold price around A$6,300 and describing a “booming” gold price environment. Across reports, the emphasis is on the scale of the drilling campaign and the company’s objective to assess and potentially grow its inventory at Gum Creek, which is described as a historic WA gold camp.
Overall, the coverage presents the announcement as a funded, large-scale exploration push designed to test and improve the project’s growth prospects.
