Horizon Copper’s Exciting Updates: Hod Maden, Oyu Tolgoi, and Corporate News
VANCOUVER, BC, March 31, 2025 – Horizon Copper Corp. (TSXV: HCU) (OTCQX: HNCUF) (“Horizon Copper,” “Horizon,” or the “Company”) is thrilled to share recent developments from its diverse portfolio of mining projects and investments. The Company holds a 30% non-operating interest in the Hod Maden copper-gold development project in Türkiye, an interest in the Hugo North Extension and Heruga deposit of the Oyu Tolgoi copper mine through its 24% equity ownership of Entrée Resources Ltd. (“Entrée”), and various other corporate updates.
Hod Maden Update
The Hod Maden project, located in northwestern Türkiye, is making significant strides. The Pre-Feasibility Study (PFS) is progressing well, with recent milestones including the completion of the mining, process, and infrastructure studies. The updated mineral resource estimate, which was released in December 2024, demonstrated a 26% increase in contained copper and a 61% increase in contained gold compared to the previous estimate. The PFS is expected to be completed in Q3 2025.
Oyu Tolgoi and Entrée Resources
Horizon Copper’s investment in Entrée Resources, which holds a 24% equity stake in the Hugo North Extension and Heruga deposit of the Oyu Tolgoi copper mine, continues to show promise. The Oyu Tolgoi mine, located in Mongolia, is one of the world’s largest copper-gold projects. The Hugo North Extension is expected to significantly expand the mine’s life and resources. Entrée’s recent drill results have shown high-grade copper and gold mineralization, further emphasizing the potential value of Horizon’s investment.
Corporate Updates
Horizon Copper has been actively advancing its corporate strategy. In Q1 2025, the Company completed a non-brokered private placement for gross proceeds of CAD 3.5 million. These funds will be used for exploration activities, working capital, and general corporate purposes. Additionally, Horizon Copper has appointed two new board members with extensive experience in the mining industry, further strengthening the Company’s leadership.
Impact on Individuals
These updates from Horizon Copper could lead to increased investor interest in the Company due to its involvement in promising copper and gold projects. As a result, Horizon Copper’s stock price may rise, providing potential gains for individual investors. Additionally, the completion of the Pre-Feasibility Study at Hod Maden and continued progress at Oyu Tolgoi could lead to increased production and potentially lower copper prices, making the metal more accessible and affordable for various industries and consumers.
Impact on the World
The mining industry as a whole could be influenced by these updates from Horizon Copper. The potential expansion of the Oyu Tolgoi mine and the progress at Hod Maden could contribute to increased global copper production, potentially leading to a more stable supply of this essential metal. Copper is a key component in various industries, including renewable energy, construction, and transportation. A stable supply of copper could help drive innovation and growth in these sectors.
Conclusion
Horizon Copper’s recent updates on its Hod Maden, Oyu Tolgoi, and corporate developments underscore the Company’s commitment to creating value for its stakeholders. The potential impact of these updates on individuals and the world could be significant, with increased investor interest, potential gains for individual investors, and a more stable supply of copper leading to various positive outcomes. As Horizon Copper continues to advance its projects and investments, it will be an exciting company to watch in the mining industry.
- Horizon Copper holds a 30% non-operating interest in the Hod Maden copper-gold development project in Türkiye.
- The Company has a 24% equity stake in Entrée Resources, which holds interests in the Hugo North Extension and Heruga deposit of the Oyu Tolgoi copper mine.
- Horizon Copper completed a non-brokered private placement for CAD 3.5 million in Q1 2025.
- The Pre-Feasibility Study at Hod Maden is expected to be completed in Q3 2025.
- Entrée Resources’ recent drill results have shown high-grade copper and gold mineralization at Oyu Tolgoi.
- These updates could lead to increased investor interest, potential gains for individual investors, and a more stable supply of copper.
