Horizon Minerals Limited (ASX:HRZ) To Acquire The Kalpini Gold Project

Horizon Minerals Limited (ASX:HRZ) Kalpini offers potential to grow production and mine life at Boorara as part of the consolidated Feasibility Study

Binding Tenement Sale Agreement executed with private consortium NBT Metals Pty Ltd for the acquisition of the Kalpini gold project in the Western Australian goldfields for a total cash consideration of $2.75 million funded from existing cash reserves

Agreement subject to standard conditions precedent for a transaction of this nature including Ministerial consent, any third party assignments and provision of mining information with Settlement expected in the current quarter