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HORIZON GOLD ANNOUNCES RETIREMENT OF JOHN E. WATSON

 HORIZON GOLD ANNOUNCES RETIREMENT OF JOHN E. WATSON
 GOLDEN, Colo., Sept. 4 /PRNewswire/ -- Horizon Gold Corp.


(NASDAQ-NMS: HRIZ), today announced that John E. Watson, chairman of the board of directors, is planning to retire from the company and the board effective Sept. 16, 1992. Watson will continue to be associated with Horizon under a consulting arrangement.
 Watson has been with Horizon since its inception in early 1980, serving as its president until January 1990, and since that time as chairman of the board.
 -0- 9/4/92
 /CONTACT: Dick Ryan of Horizon Gold, 303-239-8701/
 (HGC) CO: Horizon Gold Corp. ST: Colorado IN: MNG SU:


BB -- DV006 -- 6901 09/04/92 11:44 EDT
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Publication:PR Newswire
Date:Sep 4, 1992
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