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High Grade Gold and Initial Nickel Results At Golden Ridge 15 March 2022 Dear All Please find below the link to our latest announcement, excellent high grade gold drilling results and encouraging early nickel results at the Golden Ridge project, 4km south of Boorara and 18km southeast of Kalgoorlie-Boulder in WA. The drilling was part of the 50,000m CY2021 resource development and new discovery program. This program tested extensions to the north and south of the historic Golden Ridge mine (underground mined 17g/t and open pit 2g/t). Excellent high grade gold intercepts up to 30g (1oz) per tonne were received in a number of holes with excellent width demonstrating the potential for a large scale extension to the north toward Boorara. Mineralisation was also intercepted to the south and on the eastern ramp of the pit and remain open along strike north and south and at depth. Follow up drilling is planned for next Quarter and will continue to test the link between Boorara south Royal deposit 4km north and the multiple parallel lode potential in this very large mineralised system. In addition to the gold, results from the multi element analysis from the 2021 Air Core RC samples have identified widespread mineralisation up to 0.6% Ni, 460ppm Cu, 130ppm Co and 48g/t Ag in the ultra-mafic rocks supporting the multi-element potential of the region. Deeper RC drilling (to 330m) has commenced enabling downhole EM surveying testing for the fresh sulphide conductors and to better delineate the ultramafic stratigraphy. The Greater Boorara area will be a key focus in 2022 along with drill testing for multiple commodities at the Lakewood and Yarmany project areas that cover major geological structures with over 700km2 of underexplored 100% owned tenure. To view the announcement, visit www.horizonminerals.com.au or click on the link below. Coming up is an update on the Richmond Vanadium project. This world class project is getting a lot of attention for its ability to supply global volumes of vanadium pentoxide flake to both the steel and, now more importantly, the larger grid scale battery market. Renewable energy is the key to the future and requires storage solutions to enable continuity of supply. The new generation vanadium redox flow batteries can achieve this. The intention is to now list 100% of the project with our JV partners with Horizon holding 25% and Horizon shareholders receiving a free distribution of shares and a priority offering in the IPO. It’s a very exciting time to be a HRZ shareholder.