Horizon Gold Limited announced additional significant gold results from the recently completed diamond drilling at its 100% owned Gum Creek Gold Project located in the Mid-West Region of Western Australia. All assay results have now been received from the initial diamond drilling programs at the Swift, Eagle, Kingfisher, Howards, Kingston Town, Manikato, Heron South, Camel Bore, Snook, PSI, Omega North and Specimen Well prospects. All prospects maintain direct links to the existing Gidgee haul road network.

Significant gold intercepts returned from diamond drilling at numerous targeted prospects across the Gum Creek Gold Project including: 25m @ 4.3g/t Au from 151m including 8m @ 11.8g/t Au from 157m (Snook), 36m @ 1.6g/t Au from 133m including 7m @ 3.5g/t Au from 155m (Snook), 26m @ 1.5g/t Au from 180m including 7m @ 2.1g/t Au from 197m (Snook), 10m @ 8.9g/t Au from 190m including 3m @ 15.4g/t Au from 191m (Kingfisher), 10.6m @ 1.9g/t Au from 121.4m (Kingfisher), 7m @ 6.0g/t Au from 177m including 3m @ 10.2g/t Au from 177m (Manikato), 16m @ 1.8g/t Au from 169m including 6m @ 3.6g/t Au from 175m (Heron South), 18m @ 1.3g/t Au from 127m including 4m @ 3.0g/t Au from 133m (Swift), 12m @ 1.0g/t Au from 146m including 5m @ 2.0g/t Au from 151m (Swift), 9m @ 2.9g/t Au from 161m including 3m @ 7.6g/t Au from 161m (Swift), 6m @ 2.7g/t Au from 250m including 4m @ 3.8g/t Au from 251m (Swift), 13m @ 1.5g/t Au from 112m including 6m @ 2.9g/t Au from 112m (Eagle) Impressive intercept returned from reverse circulation (RC) extension to Eagle Prospect drill hole: 29m @ 2.7g/t Au from 156m including 11m @ 6.1g/t Au from 156m Diamond drilling has provided invaluable information to guide ongoing resource modelling work, advanced geological interpretations and significantly enhanced understanding of the lithostructural controls on gold mineralisation especially at the Snook, Heron South, Kingston Town, and Specimen Well prospects where little or no previous diamond drilling had been completed. Metallurgical sampling and sighter testwork is continuing and Mineral Resource Estimates (MRE) for the first 12 prospects at Gum Creek expected to be completed in the first half of 2022. Drilling programs for 2022 are currently being planned at priority target areas and will commence as soon as practicable.