Horizon Minerals (ASX:HRZ) said toll processing of the second stockpile of ore from the Phillips Find joint venture in Western Australia with BML Ventures has been completed, according to a Wednesday filing with the Australian bourse.
The joint venture generated about AU$5.8 million in revenue from the sale of 1,132 ounces of gold at an average price of AU$5,140 per ounce, the filing said.
Meanwhile, mining at Boorara has continued with substantial ore stockpiles consisting of about 190,000 tonnes of high-grade and 126,000 tonnes of low-grade, per the filing.
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