Long lead items ordered to fast-track development of BSPH

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Stock Horizon Minerals Ltd (HRZ.ASX)
Release Time 6 Mar 2026, 8:22 a.m.
Price Sensitive Yes
 Horizon Minerals orders long lead items to fast-track BSPH gold conversion
Key Points
  • Key items ordered include pre-leach thickener and SAG/ball mill motors with variable speed drives
  • Front End Engineering Design (FEED) studies underway, completion expected in 4-5 weeks
  • Early commitment of long lead items to maintain project development schedule and timelines
Full Summary

Horizon Minerals (ASX:HRZ) has provided an update on the process plant gold conversion, with the placement of orders for long lead items to support the development of its 100% owned Black Swan Processing Hub (BSPH) located near Kalgoorlie in Western Australia. The key items ordered include the pre-leach thickener, required to provide consistency in underflow density to the carbon in leach (CIL) circuit and support the overall water balance with the gold gravity circuit, as well as the SAG and ball mill motors with variable speed drives (VSD) for improved reliability, scalability and potential for increased throughput. Front End Engineering Design (FEED) studies are also underway, with completion expected in the next 4-5 weeks. The early commitment of the long lead items has been made ahead of awarding a full Engineering, Procurement and Construction (EPC) contract to maintain the project development schedule and timelines. Managing Director Grant Haywood stated that the early commitment to these critical items materially de-risks the construction schedule and supports the transformation of the Black Swan Processing Hub into a strategic 2.2Mtpa gold processing facility in the Kalgoorlie Goldfields region.

Outlook

The company will continue to provide regular updates as the various work programs advance and key milestones are achieved at the Black Swan Processing Hub, alongside operational readiness activities for the initial ore feed sources, including Boorara, Burbanks and Cannon.