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Edge11 Sep 2026
Texas Pacific Land Corporation: Keeper of the Permian Basin
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Horizon Gold
Horizon Gold (HRN) investor relations material
Horizon Gold H2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2026 earnings summary22 Sep, 2026
Executive summary
Transitioned from exploration to execution-ready gold developer with a clear path to production at Gum Creek, supported by a robust DFS completed in July 2026.
DFS confirms a 2.4Mtpa operation targeting 880,000 ounces over 10 years, with strong economics and infrastructure in place.
Significant exploration success expanded the resource base to 2.3Moz, with ongoing drilling indicating further upside.
Financial highlights
Net loss after tax for FY2026 was $2.02 million, compared to a $0.97 million loss in FY2025.
Revenue was $513,000, mainly from interest income.
Cash and cash equivalents at year-end were $24.05 million, up from $0.5 million in FY2025.
Net assets increased to $72.14 million, driven by $39.7 million in capital raisings.
Market capitalisation rose to $204.5 million, with a closing share price of $1.05.
Outlook and guidance
Targeting Final Investment Decision (FID) in Q2 2027, with first gold production planned for H2 2028.
Early works, regulatory approvals, and team build-out scheduled for 2027, with EPC contractor mobilisation and plant commissioning by Q4 2028.
Project finance process underway, leveraging strong DFS metrics.
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Latest events from Horizon Gold
- DFS confirms a high-margin, 10-year gold project with strong funding and exploration upside.HRN
Q4 2026 - Gold project restart targets late 2028 production with strong economics and major growth potential.HRNNoosa Mining Conference 2026
- High-grade gold intercepts and $30M capital raise drive exploration and feasibility progress.HRNQ3 2026 TU
- Gum Creek scoping study shows strong economics; FY2024 loss narrows, funding secured.HRNH2 2024
- Improved financials and strong gold prices support Gum Creek's growth and feasibility progress.HRNH2 2025
- Net loss of $121,000, major capital raised, and ongoing feasibility work at Gum Creek amid funding uncertainty.HRNH1 2026
- Gum Creek Gold Project targets a rapid, high-grade restart with major exploration and growth upside.HRNRIU Explorers Conference 2026
- Feasibility Study progresses on schedule with robust funding and promising gold exploration results.HRNQ1 2026 TU
- High-grade gold intercepts and a $12M capital raise position the project for robust advancement.HRNQ4 2025 TU
Horizon Gold
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