07:22 AM EDT, 04/01/2025 (MT Newswires) -- Horizon Copper ( HNCUF ) overnight Monday provided updates related to its 30% non-operating interest in the Hod Maden copper-gold development project in Turkiye, its interest in the Hugo North Extension and Heruga deposit of the Oyu Tolgoi copper mine through its 24% equity ownership of Entree Resources Ltd. ( ERLFF ) , and other corporate updates.
Among highlights, the operator of Hod Maden, SSR Mining Inc. ( SSRGF ) , has announced the expected capital expenditure in 2025 for early works construction at Hod Maden to be between US$60-$100 million on a 100% basis. Also, Entree released additional high grade assays from Hugo North Extension and Heruga.
Horizon Copper ( HNCUF ) has amended certain terms of promissory notes with Sandstorm (SSL.TO).