Horizon Minerals Limited: Accomplished Mining Leader Strengthens Board

Perth, Australia - Horizon Minerals Ltd. (ASX:HRZ) is pleased to announce changes to its Board of Directors.

Experienced mining executive and director, Mr Warren Hallam, has agreed to join the Horizon Board of Directors as a Non-Executive Director effective 1 September 2024. Mr Hallam is currently a Non-Executive Director of St Barbara Limited and Poseidon Nickel Limited, and Non-Executive Chairman of Kingfisher Mining Ltd..

Mr Hallam has a built a strong track record over 35 years in operations, corporate and senior leadership roles across multiple commodities. This includes previous Managing Director roles at Metals X Limited, Millenium Metals Limited and Capricorn Metals Ltd.. Mr Hallam is a metallurgist who also holds a Masters in Mineral Economics from Curtin University.

The Company also advises that Mr Jon Price has tendered his resignation as Non-Executive Director to focus on other business commitments, effective from 31 August 2024. Mr Price joined the Board of the Company in January 2016 as Managing Director and has guided Horizon through a transformational period of substantial resource growth prior to stepping down as Managing Director in June 2023.

Commenting on the Board changes, Non-Executive Chairman Mr Ashok Parekh said:

"We are delighted to welcome Warren to the board of Horizon as we transition the Company from an explorer to producer. We look forward to his guidance during this exciting growth phase.

On behalf of the board and broader Horizon team, I would also like to acknowledge and thank Jon for his significant contribution to the Company over many years and wish him well in his future endeavours."

About Horizon Minerals Limited:

Horizon Minerals Limited (ASX:HRZ) is a gold exploration and mining company focussed on the Kalgoorlie and Menzies areas of Western Australia which are host to some of Australia's richest gold deposits. The Company is developing a mining pipeline of projects to generate cash and self-fund aggressive exploration, mine developments and further acquisitions. The Teal gold mine has been recently completed.

Horizon is aiming to significantly grow its JORC-Compliant Mineral Resources, complete definitive feasibility studies on core high grade open cut and underground projects and build a sustainable development pipeline.

Horizon has a number of joint ventures in place across multiple commodities and regions of Australia providing exposure to Vanadium, Copper, PGE's, Gold and Nickel/Cobalt. Our quality joint venture partners are earning in to our project areas by spending over $20 million over 5 years enabling focus on the gold business while maintaining upside leverage.

Source:
Horizon Minerals Limited

Contact:

Grant Haywood Chief Executive Officer T: +61 8 9386 9534 E: grant.haywood@horizonminerals.com.au Michael Vaughan Media Relations - Fivemark Partners T: +61 422 602 720 E: michael.vaughan@fivemark.com.au